Expedia Group Inc
‘Travel is too expensive right now’: Americans are spending less or skipping trips altogether
Travelers may have finally had enough. With revenge travel over and pandemic savings depleted, travelers say they’re planning fewer trips this summer, or skipping their vacations altogether. “After two straight years of strong gains, the number of Americans planning to take leisure trips is taking a dip,” states a summer travel report from Deloitte Insights. […]
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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
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Benchmark’s Daniel Kurtis talks how to position in travel stocks
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Daniel Kurtis, Benchmark media and Internet analyst, joins ‘The Exchange’ to discuss how investors could position their travel stocks, Expedia, consumer impact on travel, and more. Source
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Expedia CEO on Q2 results: Seeing softness and slight trade down in U.S. hotel space
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Ariane Gorin, Expedia CEO, joins ‘Squawk on the Street’ to discuss the company’s quarterly earnings results, where consumers are trading down, and where the weakness in the consumer is coming from. Source
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Stocks making the biggest moves midday: Sweetgreen, Doximity, E.l.f. Beauty and more
Check out the companies making headlines in midday trading. Sweetgreen — Shares of the salad chain popped 24% after the company reported second-quarter revenue of $184.6 million, topping the $181 million consensus estimate, per LSEG. Sweetgreen also gave full-year revenue guidance of $670 million to $680 million. Analysts were expecting guidance of $674 million. Doximity […]
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Stocks making the biggest moves premarket: Taiwan Semiconductor, Insulet, Paramount Global and more
Check out the companies making headlines in premarket trading. Taiwan Semiconductor — Stock in the chipmaker rose about 1% before the opening bell after the company reported strong July revenue, which showed an increase of nearly 45% year-over-year, according to a StreetAccount report. The Trade Desk — Shares gained nearly 4% after the ad-buying company […]
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Stocks making the biggest moves after hours: Paramount, Expedia, E.l.f. Beauty and more
Check out the companies making headlines in after-hours trading. Paramount Global — The media company jumped 5.7% after posting a massive earnings beat for the second quarter, reporting earnings of 54 cents per share while analysts polled by LSEG called for 12 cents per share. Paramount’s revenue of $6.81 billion for the period fell short […]
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People and Japanese take far much less time off — but Europeans say they’re extra ‘vacation deprived’
Nearly two in three personnel all-around the environment are “holiday deprived,” in accordance to a new report released by Expedia. Having said that, the report demonstrates the feeling is highest amid cultures that acquire the most days off. Some 84% of Germans and 69% of French respondents said they sense they never have sufficient time […]
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Morgan Stanley states these stocks could observe Meta and Alphabet in asserting a dividend
The dividend inventory club could quickly get new users, in accordance to Morgan Stanley. “Committing to a dependable dividend sends a beneficial sign to the current market, conveys management’s self esteem in the organization, and opens the inventory up to money oriented buyers,” wrote analyst Todd Castagno, introducing that a dividend “conveys a hopeful long […]
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Stocks building the biggest moves midday: Apple, Expedia, Block, Dwell Nation and more
Check out out the companies generating headlines in midday buying and selling. Apple — The tech large jumped more than 6% right after saying it would repurchase $110 billion in shares . Apple also posted beats on the major and base traces, reporting fiscal next-quarter earnings at $1.53 for every share on $90.75 billion in […]
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