Expedia Group Inc
Election next week holds big implications for stock market, especially the control of Congress
A split or united government coming out of a consequential U.S. presidential election next week could hold the key to how stocks perform going forward. The Nov. 5th election is set to remove a critical overhang for markets, which have had trouble pricing in a victory for either former President Donald Trump or Vice President […]
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‘They want something different’: Two new reports predict a big shift in travel behavior in 2025
The biggest travel trend of 2022 was to go big, spend big — with people eagerly booking bucket list-style trips to places like Bali, Rome, London and Paris. But two new reports show travelers are now in a very different headspace. Trend reports from Expedia and Booking.com show vacationers are forgoing splashy trips to global […]
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Bradley Tusk on potential Uber-Expedia acquisition: The company needs to keep expanding
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Bradley Tusk, Tusk Ventures CEO, joins ‘Squawk Box’ to discuss news of Uber considering a bid for travel booking company Expedia, antitrust concerns, impact of the 2024 election on the possible deal, and more. Source
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Stocks making the biggest moves midday: Nvidia, Travelers, Blackstone, Uber and more
Check out the companies making the biggest moves midday: Taiwan Semiconductor — Shares surged 12% after the company, which is the world’s largest producer of advanced chips, reported a 54% gain in net profit for the third quarter driven by strong artificial intelligence-related demand. Shares of chip giants Nvidia and Micron each rose about 3% […]
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Uber not in active bid talks with Expedia
CNBC’s Deirdre Bosa reports on news from Uber and Expedia. Source
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Uber has discussed a bid for travel booking company Expedia
Uber discussed a bid for travel booking company Expedia, CNBC confirmed, in a deal that would push the ride-share company into new markets beyond car travel and food delivery. The talks were in early stages, according to a person familiar with the discussions who asked not to be named since the talks are confidential. It […]
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Stocks making the biggest moves premarket: Elevance Health, Taiwan Semiconductor, Expedia, Lucid and more
Check out the companies making headlines before the bell. Elevance Health – Shares plummeted more than 10% after the health insurer reported weaker-than-expected third-quarter earnings. In a statement , CEO Gail Boudreaux said the company remains “confident” amid “unprecedented challenges in the Medicaid business.” Health care stocks Molina Healthcare and Centene also fell nearly 9% […]
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Acquiring Expedia would be a ‘major strategic home run’ for Uber, says Wedbush’s Dan Ives
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Dan Ives, Wedbush Securities managing partner, joins ‘Squawk Box’ to discuss news of Uber exploring a possible bid for the travel booking website Expedia, why he believes the potential deal would make sense for Uber, and more. Source
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‘Coolcations’ had another big summer. Here are the places travelers went
Extreme temperatures are driving travelers to seek cooler destinations. And there’s a term for the trend: “coolcations.” Heat waves — which are increasing in frequency, duration and intensity, according to the U.S. Environmental Protection Agency — are affecting where people are choosing to vacation, especially during the hot summer months. “Often, when we think of vacation, […]
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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
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