Booking Holdings Inc
Travel industry may see growth ‘roughly cut in half,’ says Jefferies analyst
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email John Colantuoni, internet equity research analyst at Jefferies, joins CNBC’s Kelly Evans to talk about the online travel companies and his outlook for the broader travel sector. Source
Read More
‘It will come.’ Booking Holdings CEO Glenn Fogel on how travelers will book trips in the future
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Rather than travelers sitting down to plan trips, “I want us to be going to the traveler” with recommendations based on travelers’ prior trips, Booking.com’s CEO Glenn Fogel told CNBC’s Monica Pitrelli. Source
Read More
Travelers are finally cracking under the pressure of high costs
During the second-quarter earnings period, many companies signaled travel demand is expected to drop in 2024. Source
Read More
Stocks making the biggest moves premarket: Exxon Mobil, Intel, Apple, Snap, Amazon and more
Check out the companies making headlines before the bell. Exxon Mobil — The energy giant reported a stronger-than-expected profit for the second quarter amid record production in Guyana and the Permian Basin. Earnings per share came in at $2.14, beating an LSEG forecast of $2.01 per share. Shares were up slightly in the premarket. Intel […]
Read More
Booking Holdings CEO on Q2 results: Very happy with things overall
Booking Holdings CEO Glenn Fogel joins ‘Squawk Box’ to discuss the company’s quarterly earnings results, state of travel demand, long-term growth outlook, impact of AI, and more. Source
Read More
S&P 500 futures rise after Meta posts quarterly beat: Live updates
Traders work on the floor of the New York Stock Exchange. NYSE Stock futures rose in overnight trading Wednesday as investors weighed the latest corporate earnings reports, including strong results from Meta Platforms. S&P 500 futures gained 0.4%, while Nasdaq-100 futures jumped 0.7%. Futures tied to the Dow Jones Industrial Average added 30 points, or […]
Read More
Looking at uptick in journey to Tokyo as USD rises against Japanese Yen, states Booking CEO Glenn Fogel
ShareShare Posting by way of FbShare Short article via TwitterShare Write-up by means of LinkedInShare Article by way of Email Glenn Fogel, Scheduling Holdings CEO, joins ‘Closing Bell Overtime’ to discuss current travel trends in what is supposed to be a document-environment vacation 7 days. Supply
Read More
Priceline, Ramp sign deal to disrupt ‘archaic,’ superior price business enterprise travel booking model
Hinterhaus Productions | Stone | Getty Illustrations or photos Ramp, the expenditure management business a short while ago valued at $7.65 billion, is transferring into enterprise travel through a offer with Booking Holdings’ Priceline, as the rising amount of company spend platforms search to keep and bring in clients with further solutions. The new product, […]
Read More
Behind America’s divided economy: Booming luxury travel and a jump in ‘relief’ loans
At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending firm Upstart, there’s a strong interest in microloans as cash-strapped Americans try to scrape by. That juxtaposition underscores the growing picture of bifurcation among income brackets in America. And adds to an increasingly popular view […]
Read More
Ahead of retail earnings, here’s what we know about the consumer so far
A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas. Brandon Bell | Getty Images The state of the consumer in 2024 is already taking shape — even before the country’s major retailers begin to report first-quarter earnings, starting with Home Depot and Walmart next week. There are signs that […]
Read More