The global electric vehicle (EV) marketplace is seeing demand suffer under ongoing macro pressures.That’s why, according to Tesla CEO Elon Musk, it’s a good thing that Tesla is not an EV company — it is a next-generation autonomy and artificial intelligence (AI) platform.And per the company’s latest financial earnings call Tuesday (April 23), the company that Musk once told Bill Gates “does more good” for the world than “most charities” has identified the key role it will play in shaping the world’s future. ...

Mizuho upgraded Airbnb Inc (NASDAQ:ABNB) to "buy" from "neutral" and hiked its price target to $200 from $150. The analyst in coverage noted the potential launch of sponsored listings, as well as demand stemming from the summer Olympics. ABNB was last seen up 1.8% at $163.88.The majority of analysts are skeptical of Airbnb stock. Coming into today, 26 of 36 firms in coverage called the security a tepid "hold" or worse, and the 12-month consensus target price of $151.40 is an 8.2% discount to current levels. ...

In this photo illustration, a key is seen in front of a computer screen displaying the Airbnb logo in Ankara, Turkiye on November 22, 2023.As Airbnb's recently appointed chief business officer, Dave Stephenson is playing a crucial role in the company's future growth plans.He's also filling another role that is critical to that growth: an Airbnb host.Stephenson, who has served as Airbnb's CFO since 2018 after joining the company from Amazon, has hosted a mountain cabin outside of Seattle, Washington, for the ...

We’re interested in hearing from people who have made a booking for accommodation on an online travel platform, only for their host to cancel it at the last minute.Earlier this year, Taylor Swift fans in Australia were left without accommodation after Airbnb hosts cancelled their bookings. Airbnb’s “host cancellation policy” does not seem to have deterred hosts from then relisting their properties at a higher price. Has something similar happened to you? Are you a Swiftie whose plans to watch her European t ...

U.S. stocks sold off on Friday due to a number of reasons, including increased geopolitical tensions, higher-than-expected inflation figures, as well as elevation valuation. If the current macroeconomic environment persists, investors are likely to come up with a list of stocks to avoid in the near term.Moreover, the earnings season isn’t off to a good start after JPMorgan Chase (NYSE:JPM) stock fell more than 6% after the banking giant released its first-quarter results. CEO Jamie Dimon also cautioned abou ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Airbnb, Inc. (ABNB) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.Airbnb, Inc. is one of 618 companies in the Computer ...

With pandemic-era travel restrictions behind us and an improving economic landscape ahead, travel stocks are adjusting to a new era of global travel. Consumer travel rates for air travel, hotel bookings and more are rising rapidly. While inflation certainly exerts some downward pressure on global and domestic travel, indicators of decreasing inflation suggest a potential travel surge as we march through 2024. This presents several top travel stocks to buy this year.These travel stocks represent the best way ...

D-Keine I am very bullish on REITs. So bullish in fact that I allocate about 50% of my portfolio to them at the moment. They are priced at their lowest valuations in years even as most of them continue to grow their cash flow and dividends, and I think that the anticipated drop in interest rates will fuel an epic rally across the REIT sector. But just because I am bullish on REITs does not mean that all of them are worth buying. This is a vast and versatile sector with over 1,000 companies worldwide and the ...

Thomas Barwick Airbnb (NASDAQ:ABNB) has the potential to further evolve its niche focus in online travel. By focusing on unique experiences and harnessing its balance sheet to invest in AI-assisted travel booking, I believe it could have a leg up on peers Booking Holdings and Expedia over the long term. Airbnb's Differentiating Factor From my understanding of the industry, Airbnb's two main competitors are Booking Holdings (BKNG) and Expedia (EXPE). Both of these firms are older than Airbnb in quite som ...

My daughter used my credit card to book a five-month stay using Airbnb after taking up an internship in Toronto. After the host accepted the booking, she got an email saying the price for the overall stay had increased by £4,000 – a further 39%.Panicked, and unable to afford the extra sum, she cancelled. Airbnb has taken a £1,962 fee, plus a further £682 for cleaning and taxes. As my daughter cancelled immediately, it is extremely unlikely that a booking was lost.Airbnb is endlessly quoting T&Cs and says it ...