Booking Holdings Inc
The profit picture for these rare stocks is brightening while the market is mired in recession fears
As many companies deal with rising costs, slowing demand and ongoing recession fears, a CNBC Pro screen surfaced some bright spots that are actually gaining earnings momentum. Investors have been contending with a steep market sell-off for the past two months as inflation worsened by the Russia-Ukraine conflict increasingly weighs on businesses. This week, traders […]
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Michael Burry of ‘The Big Short’ reveals a bet against Apple
“The Big Short” investor Michael Burry had a bet against tech giant Apple in the first quarter, a regulatory filing showed. Burry, one of the first investors to call and profit from the subprime mortgage crisis, owned 2,060 put contracts of Apple at the end of the first quarter, according to the filing. Each options […]
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Big travel company CEOs hope market, economic turmoil won’t derail a summer season rebound
As economic pundits raise fears about a recession, the most powerful names in travel and hospitality are pushing back, pointing to bookings that illustrate a positive picture of the American consumer. “We think this summer is going to be gangbusters for travel,” Marriott CEO Tony Capuano told last week. Marriott saw an 81% rise in […]
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Stocks making the biggest moves midday: Shopify, Etsy, Twitter and more
Elon Musk twitter account is seen through Twitter logo in this illustration taken, April 25, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday trading Thursday: EPAM Systems — Shares jumped 10% after the computer software company posted better-than-expected results for the previous quarter. EPAM reported $2.49 earnings per share on […]
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Booking Holdings CEO Glenn Fogel breaks down earnings, travel demand outlook
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Squawk Box Glenn Fogel, president and CEO of Booking Holdings, joins CNBC’s ‘Squawk Box’ to break down the company’s latest quarterly earnings report. 02:54 a minute ago Source
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Stocks making the biggest moves premarket: Twitter, SeaWorld, Shopify and more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter rose 1.5% in premarket action after Elon Musk detailed $7.2 billion in financing commitments for his deal to buy the company. An SEC filing shows Oracle co-founder Larry Ellison and investor Ron Baron are among those committing funds. SeaWorld (SEAS) – The […]
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Stocks making the biggest moves after hours: Etsy, Booking Holdings, eBay and more
The Etsy website Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Etsy — Shares of the e-commerce company plunged by more than 12% after Etsy’s revenue guidance for the second quarter came in lighter than anticipated. The company CFO also said on the earnings call that “consumers […]
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Top Wall Street analysts like these stocks for long-term upside
Earnings season is yet again upon us, with prominent names reporting this week. Volatility remains a focus for investors, and inflation has been continuing to compound pressure across all industries. The near-term uncertainty remains blurred, although long-term investing can often cut through the daily noise. Let’s take a look at five stocks that analysts see […]
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U.S. fintech Plaid taps Booking.com veteran to lead its European expansion
Ripsy Bandourian, head of Europe at Plaid. Plaid LONDON — Financial technology firm Plaid has hired Ripsy Bandourian, a long-time Booking.com executive, to head up its European operations. Bandourian joined Plaid last week and is working out of its Dutch offices in Amsterdam. She’ll be tasked with leading the San Francisco-based start-up’s expansion in continental […]
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Jim Cramer says he likes these 6 travel and leisure GARP stocks
CNBC’s Jim Cramer on Monday highlighted six stocks in the travel and leisure space that he believes are investable due to their affordable price and growth potential. “With the [Federal Reserve] tightening [interest rates], the market prefers something called growth at a reasonable price, or GARP. … In other words, you want companies with better-than-average […]
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