damedeeso/iStock via Getty Images A brief look back I last covered Airbnb (NASDAQ:ABNB) in November 2023 (time flies!). The article put a hold rating on the stock, with a price target of buying near $100. Here is my rating history: Seeking Alpha The first two buy ratings worked well, with quick gains of 26% and 32%, and the sell rating was timely. However, I missed out on more gains with the hold in the center of the graph. At that time, I wrote the following: Let's face it. We know that consumers ca ...

Investors are worried about a travel slowdown.Airbnb (ABNB -2.16%) is one of the most divisive stocks out there. Bulls think the company is revolutionizing travel and has many years left to grow, while bears think regulations and consumer pushback will lead to an "Airbnb Apocalypse." Bears look more correct this summer after the stock fell 13% following its second-quarter earnings release, when it highlighted slowing demand in North America.The stock is now down 47% from its all-time high. This sounds like ...

ferrantraite/E+ via Getty ImagesAirbnb (NASDAQ:ABNB) is faced with significant macroeconomic headwinds across a variety of consumer cohorts as inflationary pressures continue to challenge discretionary spending. Despite the relatively negative near-term outlook on the travel industry, management is being opportunistic in moving the company forward by expanding in different regions and rereleasing their Experiences feature. Despite the optimistic long-term outlook, I believe ABNB will face significant he ...

Equities are being whipsawed by conflicting economic data. Some data points support the soft-landing theory and would guide to lower interest rates. However, some data suggests that the economy is still too strong for the Fed to consider cutting rates. It doesn’t help that we’re now in a time of year that is cyclically volatile for stocks.  This roller coaster ride is particularly noticeable in the technology sector. Many of the top technology stocks have fallen sharply. In fact, many are now trading at or ...

NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Have you ever wondered what it would be like to live in a pocket-sized world? Well, Airbnb's new 'tiny but mighty' icon offers a unique chance to experience just that. In honor of Polly Pocket's 35th anniversary, guests can stay in Polly’s vintage-themed, two-story Slumber Party Fun compact in Littleton, Massachusetts. Recently, Ali Killam, Channel Communications Lead at Airbnb, conducted a satellite media tour in conjunction with D S Simon Media to share the best ...

The stock is 32% off its one-year high after an earnings disappointment.Recent economic data contains mixed messages, causing turbulence in the markets. Much of this centers on the health of the American consumer, who drives the U.S. economy.First, the unemployment rate increased from 4.1% in June to 4.3% in July, causing many prognosticators to discuss a potential recession. The market dipped as a result. Next, data came out that unemployment claims actually fell, indicating a more resilient jobs market.As ...

No one enjoys being caught in a downdraft. However, it’s also worth pointing out an obvious reality: you don’t actually absorb a loss until you close your position. Now, I want to be careful when saying that because in many cases, it’s better to cut your losses. However, certain robust enterprises with solid business models should be able to recover. And that’s the theme behind stocks to buy after the selloff.Around the middle of last month, the market finally began demonstrating conspicuous signs of weakne ...

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Klaus Vedfelt Just three months ago in early May of this year, Airbnb, Inc. (NASDAQ:ABNB) shares fell sharply following the release of Q1 2024 results. For many investors, this seemed like a good time to buy the dip and increase exposure to what seemed to be an attractive long-term growth story. To more prudent investors, however, the first quarter was a major red flag and even though the stock fell sharply following the report, it was clear that rushing to buy the stock was highly likely to be a mistak ...

Group 1: S&P 500 Overview - The S&P 500 provides exposure to 500 corporations across multiple sectors, allowing for risk diversification [1] - The long-term average annualized return for the S&P 500 is 10.32%, but nearly 200 companies are currently underperforming [1] - Investing in underperforming S&P 500 stocks has led to significant losses and missed opportunities in high-performing sectors like AI [1] Group 2: Nike (NKE) - Nike's stock has declined by 9% over the past five years and has a 30% year-to-date loss, losing market share to smaller competitors [2] - The company reported a 2% year-over-year revenue decline in Q4 of fiscal 2024, with only a 1% increase in revenue for the entire fiscal year [2][3] - CEO John Donahoe acknowledged challenges, with North American and European sales dropping year-over-year, while China sales increased by 3% [3] Group 3: Disney (DIS) - Disney's stock has decreased by 4% year-to-date and 37% over the past five years, with stagnant performance over the last decade [5] - Revenue grew by 4% year-over-year in Q3 of fiscal 2024, but the company's 33 P/E ratio appears excessive [5][6] - Disney Parks have been a revenue driver, but performance is slowing, and the value proposition is less appealing compared to cheaper alternatives [6] Group 4: Airbnb (ABNB) - Airbnb's stock has a 14% year-to-date loss, with rising prices making it more expensive than many hotels [7] - Revenue grew by 11% year-over-year in Q2, but net income dropped by 15% year-over-year, indicating potential challenges ahead [7] - The company faces competition from hotels and motels as consumers seek more affordable travel options [7]