About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Airbnb Inc.’s stock bounced around in volatile extended trading Tuesday following quarterly results that eclipsed analysts’ revenue estimates and guidance. The vacation-property rentals company ABNB, -1.94% reported a fiscal fourth-quarter net loss of $349 million, or 55 cents a share, compared with net income of $319 million, or 50 cents a share, in the same quarter a year ago. Airbnb’s sales climbed 17% to $2.22 billion from $1.9 billion in the year-ago quarter. Analysts polled by FactSet had expecte ...

Brian Chesky, co-founder and chief executive officer of Airbnb Inc., at the Hope Global Forums annual meeting in Atlanta, Georgia, US, on Tuesday, Dec. 12, 2023.Airbnb reported better-than-expected revenue for the fourth quarter on Tuesday and issued an optimistic forecast for the current period. The stock jumped more than 8% in extended trading. Here's how the company did:EPS: 55-cent loss. It's not immediately clear if that's comparable to the 62-cent profit estimate, according to LSEG, formerly known as ...

We are halfway through the earnings season, and what an exciting time this has been! Several companies have reported exceptional results, proving that the economy is on its way to recovery. We will see better days ahead, and the stock market could soar. While many companies have already announced results, several stalwarts have not yet. These three companies are expected to report positive earnings surprises, which can boost the stock in the following days. Shopify (SHOP)Source: Burdun Iliya / Shutterstock. ...

U.S. markets fell in the early going on Tuesday, reversing some of the gains from last week following a historic milestone for the S&P 500. We remain in the thick of the Q4 earnings season, with more than 800 companies reporting results this week. Earnings continue to be the focus heading into Tuesday’s session along with this morning’s key inflation report.The consumer price index (CPI) data for January showed that both headline and core inflation came in above forecasts. On a monthly basis, headline CPI r ...

Investors might want to bet on Airbnb, Inc. (ABNB) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a chang ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, February 13:Equitrans Midstream Corporation (ETRN) : This midstream energy company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.7% over the last 60 days.Equitrans Midstream Corporation's shares gained 14.2% over the last three months compared with the S&P 500’s advance of 11.5%. The company possesses a Momentum Score of A.Airbnb, Inc. (ABNB) : ...

Love is in the air – at least, for certain picks on the stock market it is. America’s National Retail Federation says that nearly $26 billion will be spent on Valentines Day this year in the U.S. alone, representing “a new high of $14.2 billion on their significant others or spouses this year, or a record $101.84 per person.” These numbers include a highest-ever $6.4 billion on jewellery and $4.9 billion on restaurants and ‘an evening out’, with categories of ‘flowers’ and ‘clothing’ coming in third and fou ...

This week’s earnings lineup will be highlighted by several growth stocks with none standing out more than Airbnb (ABNB)  and DaVita (DVA) .Both are solid growth options among the technology sector and medical sector respectively with now appearing to be a good time to buy as their Q4 results approach on Tuesday, February 13.Airbnb Q4 Preview Airbnb’s expansion has started to justify its hype as a leading platform to book unique or more intimate stays outside of common hotel offerings. Adding nearly 1 millio ...

About this content About Leo Grieco Leo joins us with a degree in Media Production from Bournemouth University. His work includes reporting for the UK editorial team and video editing for the broadcast team. He comes with an expertise in video editing and producing. Leo’s specialities include hospitality and leisure, support services, tech and video games. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and fi ...