The stock market has been on a whipsaw in the past few trading days. As the so-called “Carry Trade” is now unwound in Japan after that country’s central bank hiked interest rates, the bottom for the S&P 500 is now further away than most had initially thought. Of course, when markets sell off, they don’t take any prisoners, and even stocks with strong fundamentals get dragged down.Airbnb TodayABNBAirbnb$111.75 -18.72 (-14.35%) 52-Week Range$111.00▼$170.10P/E Ratio14.96Price Target$153.58Add to WatchlistOne o ...

Investors should be looking to buy wonderful businesses at good prices.In this video, I will go over Airbnb's (ABNB 4.12%) second-quarter earnings report and explain why this might be a great opportunity for long-term investors to pick up shares as the stock drops.*Stock prices used were from the trading day of Aug. 6, 2024. The video was published on Aug. 6, 2024. ...

Jessie Casson Airbnb (NASDAQ:ABNB) reported solid second quarter results, but the stock continues to fall as investors digest the company’s slowing growth and declining margins, along with the rising probability of an economic contraction. While I believe that Airbnb has a strong business and that the stock should do fairly well longer term, I have been negative about the company’s short-term prospects due to the fading of pandemic related tailwinds. Airbnb’s business has a lot of inherent leverage, whi ...

Airbnb could buy back over 10% of its stock immediately.Airbnb (ABNB 4.12%) has built a massive cash position that is generating nearly $1 billion in interest annually. But it could also be used to buy back the company's stock. In this video, Travis Hoium goes through the potential impact a buyback would have on Airbnb's shares.*Stock prices used were end-of-day prices of Aug. 6, 2024. The video was published on Aug. 6, 2024. ...

Airbnb has seen shorter booking lead times in recent weeks, with customers around the world booking their accommodations closer to their expected time of arrival.A growing share of customers are booking just days or a couple of weeks in advance, Airbnb executives said Tuesday (Aug. 6) during the company’s quarterly earnings call.This trend first appeared in July and has grown strong since then, after a first and second quarter in which the lead times were basically the same as what Airbnb saw a year earlier ...

Airbnb, Inc. (NASDAQ:ABNB) Q2 2024 Earnings Conference Call August 6, 2024 4:30 PM ET Company Participants Angela Yang - Director, Investor Relations Brian Chesky - Co-Founder & Chief Executive Officer Ellie Mertz - Chief Financial Officer Conference Call Participants Ron Josey - Citi Doug Anmuth - JPMorgan Richard Clark - Bernstein Eric Sheridan - Goldman Sachs Brian Nowak - Morgan Stanley Justin Post - Bank of America James Lee - Mizuho Justin Patterson - KeyBanc Kevin Kopelman - TD Cowen Nick Jones - Cit ...

Airbnb expects a slowdown in growth next quarter and weakening US demand.Shorter booking lead times and regulations in California impacted bookings, Airbnb's CFO said.The news follows lower-than-expected earnings from tech giants and a disappointing job report. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personaliz ...

Airbnb forecast third-quarter revenue below estimates on Tuesday and warned of shorter booking windows, suggesting travelers were waiting until the last minute to book due to economic uncertainty, sending its shares down 15% after the bell.Domestic travel in the United States has been pressured since the start of the year as more Americans have grown cautious about travel spending on worries about the health of the US economy.San Francisco-based Airbnb reported quarterly profit of $555 million, or 86 cents ...

For the quarter ended June 2024, Airbnb, Inc. (ABNB) reported revenue of $2.75 billion, up 10.6% over the same period last year. EPS came in at $0.86, compared to $0.98 in the year-ago quarter.The reported revenue represents a surprise of -0.06% over the Zacks Consensus Estimate of $2.75 billion. With the consensus EPS estimate being $0.92, the EPS surprise was -6.52%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expec ...

Airbnb CEO Brian Chesky suggested on Tuesday’s Q2 earnings call with investors that the company will soon expand into new products and services, including co-hosting, a relaunch of Airbnb’s “experiences,” guest services, and more. The company positioned the upcoming offerings as a way for Airbnb to grow its revenue by becoming known for doing more than just one thing — short-term vacation rentals. “We’re going to have to do multiple new things,” Chesky told investors. With co-hosting, launching later this ...