Wall Street loves to complicate situations and throw in a lot of lingo, which is just what happened last week when the S&P 500 sold off and carried down many other stock market indexes across the globe. The response to this price action? The so-called “Carry Trade” between the United States Dollar and the Japanese Yen is what investors have used as a soundbite to repeat when asked about the stock market lately.It’s more complicated than that, and it has everything to do with where the Federal Reserve (the F ...

Klaus Vedfelt Investment Thesis Airbnb (NASDAQ:NASDAQ:ABNB) saw its stock plummet by over 13% following mixed 2Q FY2024 earnings results and a disappointing 3Q revenue outlook. The company reported a slowdown in bookings growth due to a weakening consumer spending environment, coinciding with higher unemployment rates and lower PMI data, which triggered a significant broad-based market selloff. In my last coverage (buy rating) I highlighted that ABNB operates a cyclical business. The growth slowdown can ...

This travel stock was down double digits after hours.Airbnb (ABNB 0.38%) has been one of the biggest disruptors of the mobile era. The company has transformed the hotel and accommodations industry, essentially inventing a new category of short-term lodging.While Airbnb has become a formidable player in the accommodations industry, the stock hasn't always been a winner as it faces a number of risks from regulators, rising competition from traditional online travel agencies like Booking Holdings, and the vola ...

Both recently made acquisitions that should serve them well in the long run.There are all sorts of short-lived trends that make some companies money but turn out to be fads that aren't worth investors' hard-earned money, at least not those with a long-term mindset. Corporations that can deliver strong returns over the long run tend to be leaders in industries that won't decline in prominence or disappear anytime soon. That describes Fiverr (FVRR 1.12%) and Airbnb (ABNB 0.38%) well. Though these two stocks h ...

Shares of Airbnb, Inc. ABNB are oversold and at a price level that was previously support. The stock also has had a huge amount of trading volume over the past few days.These three dynamics mean there's a good chance the shares are about to recover and rally. Because of this, our team of trading experts has made it our Stock of the Day.The term “oversold” refers to a stock’s momentum. Momentum measures how far a price has moved in a given period.Stocks spend most of their time within their typical or averag ...

Recent volatility in the stock markets has allowed investors to buy discounted quality stocks you couldn’t find earlier in 2024. For example, the S&P 500 lost 8.5% from its 52-week high of 5,669.67 in mid-July to its Aug. 5 closing price of 5,186.33. That’s an average of 0.60% per day over the 14 days.   I saw an article from late July about Alphabet (NASDAQ:GOOG, GOOGL) stock falling 5% in a day. The article tried to explain why the stock fell. The reality is that the recent market correction has made even ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Airbnb. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

The trade in technology stocks is getting more difficult. The mega-cap tech names known collectively as the “Magnificent Seven” lost a combined $1 trillion of value amid the global market rout that occurred on August 5. Chipmaker Nvidia (NASDAQ:NVDA) lost $168 billion in market capitalization as its stock fell 6.4%, while Apple (NASDAQ:AAPL) and Amazon (NASDAQ:AMZN) ended down 4.8% and 4.1% respectively on the day. As you can see, market volatility is impacting even the biggest names, helping identify the t ...

After enduring a long period of high inflation and elevated interest rates, many U.S. consumers are feeling some pain, multiple data points strongly suggest. According to Axios, credit card delinquency rates rose 1.8 percentage points versus this time last year to 7.2%, and 8% of auto loans were delinquent at the end of Q2, representing a year-over-year increase of 0.7 percentage points. Both metrics reached their highest level since the pandemic. Moreover, the unemployment rate increased to 4.3% in July ve ...

Joe Raedle/Getty Images NewsAirbnb Investors Shouldn't Have Ignored Overvaluation Risks Airbnb, Inc. (NASDAQ:ABNB) investors who ignored its potential overvaluation risks suffered a moment of reckoning this week as Airbnb's Q2 earnings release disappointed. I had already cautioned ABNB investors in March 2024 not to throw caution to the wind. I indicated potentially slowing growth and margin-dilutive growth investments as the company seeks to expand beyond its core market and geographical segments. Coup ...