Airbnb(ABNB)
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Airbnb, Inc. (ABNB) Earnings Expected to Grow: Should You Buy?
Zacks Investment Research· 2024-02-06 16:06
The market expects Airbnb, Inc. (ABNB) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be relea ...
Airbnb, Inc. (ABNB) Beats Stock Market Upswing: What Investors Need to Know
Zacks Investment Research· 2024-02-01 23:50
Airbnb, Inc. (ABNB) closed at $146.49 in the latest trading session, marking a +1.63% move from the prior day. The stock exceeded the S&P 500, which registered a gain of 1.25% for the day. Meanwhile, the Dow gained 0.97%, and the Nasdaq, a tech-heavy index, added 1.3%.The company's shares have seen an increase of 8.03% over the last month, surpassing the Computer and Technology sector's gain of 2.42% and the S&P 500's gain of 1.58%.The upcoming earnings release of Airbnb, Inc. will be of great interest to i ...
NYC's Airbnb Ban Looked Like Trouble for the Travel Stock. Instead, It's Proving Its Market Power
The Motley Fool· 2024-01-31 13:15
The city that never sleeps is becoming the city where you can't sleep in an Airbnb (ABNB -2.13%).New York City passed strict regulations on Airbnbs and short-term rentals last fall, effectively banning them. According to the new rules, short-term rental hosts must be present during the stay, and cannot rent full units. They can also only have two guests maximum, and the hosts must register with the city. Regulation has long been seen as the biggest peril Airbnb faced, and the NYC ban may be the most signifi ...
3 Stocks to Sell Before a Market Correction
InvestorPlace· 2024-01-30 19:28
A stock market correction offers the opportunity to buy shares at a discount. However, these same corrections can expose companies with high valuations and limited upside potential. The dynamics for investments often change. Stocks that were reliable picks a few years ago may have lost their charm due to weakening financials or a less optimistic outlook.Some stocks can withstand corrections and charge back up to their all-time highs once market conditions improve. However, these three stocks look unfavorabl ...
Is Airbnb a buy on fee increase, international growth?
MarketBeat· 2024-01-30 13:01
Key PointsAirbnb's chart shows heavy-volume upside momentum, sending the stock into a buy zone.The catalyst for the surge was a cross-currency fee increase as Airbnb's international business grows rapidly.Analysts forecast $11 billion in revenue this year, an increase above what's expected for 2023, which the company reports in February.5 stocks we like better than AirbnbAirbnb Inc. NASDAQ: ABNB is in a buy range out of a sloppy consolidation that began on July 31.The Airbnb chart shows the stock’ heavy-vol ...
Airbnb to Raise Guest Service Fees 2% for Cross-Currency Bookings
PYMNTS· 2024-01-26 22:26
Airbnb will add about 2% to its guest service fees when guests pay with a currency different from the one set by the host in their listing.This additional amount for cross-currency bookings will be added to guest service fees, beginning April 1, the online marketplace for lodging said in an “Airbnb service fees” article on its website.While most guest service fees are under 14.2% of the booking subtotal, those that include the additional amount for cross-currency bookings can be up to 16.5% of the booking s ...
Why Airbnb Stock Suddenly and Surprisingly Popped Today
The Motley Fool· 2024-01-26 21:00
Shares of short-term rental platform Airbnb (ABNB 5.29%) popped today. Shares were modestly up until around 2 p.m. ET, when the pop became more pronounced. The timing of this pop coincides with a report regarding a new fee that the company is rolling out. And that's likely why Airbnb stock was up about 6% as of 3 p.m. ET.Another fee for Airbnb?A report from Bloomberg points out that Airbnb intends to charge a new service fee to guests starting on April 1. This will be about a 2% extra fee for cross-border b ...
The Gig's Up: 3 Stocks to Sell as the Gig Economy Slows Down
InvestorPlace· 2024-01-25 20:47
The gig economy is still going strong in 2024. It’s also growing three times faster than the U.S. workforce as a whole, which is pretty cool. In the U.S., this means that by 2027, more than half of the people who work will have gig economy jobs. The fast rise makes it easier for job workers to find work and for businesses to find good people. One problem with this growth is that it comes with some risks. The growth of gig work in different fields creates new possibilities and major problems. As a result, wh ...
Is Trending Stock Airbnb, Inc. (ABNB) a Buy Now?
Zacks Investment Research· 2024-01-25 15:06
Airbnb, Inc. (ABNB) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned +3.4%, compared to the Zacks S&P 500 composite's +2.5% change. During this period, the Zacks Internet - Content industry, which Airbnb, Inc. falls in, has gained 1.2%. The key question now is: What could be the stock's future direction?Altho ...
Airbnb donates $10 million to 120 nonprofits on 6 continents through its unusual community fund
TechXplore· 2024-01-23 15:06
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Airbnb co-founder and CEO Brian Chesky unveils Airbnb's 2023 Winter Release on Nov. 7, 2023, in New York. Airbnb on Tuesday, Jan. 23, 2024, donated a total of $10 million to more than 120 nonprofits in 44 countries on six continents, as the rental giant continued its unusual distribution of $100 million through its Airbnb Commun ...