Booking Holdings Inc
Stocks making the biggest moves after hours: Lucid, Booking Holdings, MGM, eBay and more
A worker assembles the Lucid Air prototype electric vehicle, manufactured by Lucid Motors Inc., at the company’s headquarters in Newark, California, on Monday, Aug. 3, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Lucid Group — Shares of the EV maker tumbled about 12% after […]
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Analyst Mark Mahaney sees more trouble ahead for internet stocks, but has some top picks
Internet stocks took a heavy blow during the first half of 2022 as rising inflation spooked investors away from the growth sector, which is among those most sensitive to rising interest rates. Further pain is ahead as the economy shows signs of softening consumer demand, but some stocks may weather the storm better than others, […]
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I wouldn’t read a lot into any projections on Q4 travel data, says Booking Holding’s CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Glenn Fogel, Booking Holdings president and CEO, joins ‘Squawk on the Street’ to discuss if rising delays and cancellations are impacting travel demand, the main issues behind delays and cancellations, and more. Source
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Travel industry calls on White House to end Covid-19 testing requirement for travelers from overseas
A man checks in at a Covid-19 testing site in the international arrivals area of Los Angeles International Airport in Los Angeles, California on December 22, 2021. Frederic J. Brown | AFP | Getty Images Travel and hospitality CEOs are stepping up pressure on the Biden administration to scrap a requirement that anyone flying into […]
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These tech stocks could be ‘ports in the storm’ during bear market, Deutsche Bank says
This year’s tech wreck has sent the Nasdaq Composite spiraling down into a bear market, with the benchmark down more than 25% from its November record. However, there are some internet companies that could do over the next year thanks to their share repurchases, according to Deutsche Bank. The firm looked at 28 companies in […]
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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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