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Prediction: 2 Stocks That'll Be Worth More Than Coca-Cola or Disney 10 Years From Now
The Motley Fool· 2024-12-22 11:05
Few companies in the world are as old and as successful as The Coca-Cola Company (KO 0.16%). Its namesake drink was invented in 1886, and the logo for this beverage company is reportedly recognizable by an astounding 94% of the world's population today. Its scale is absolutely massive, and the market capitalization is an enormous $270 billion.Founded in 1923, The Walt Disney Company (DIS 0.59%) isn't as old as Coca-Cola. But its brand is similarly far-reaching. According to the Los Angeles Times, more peopl ...
Airbnb, Inc. (ABNB) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-12-19 23:55
The most recent trading session ended with Airbnb, Inc. (ABNB) standing at $129.35, reflecting a +1.42% shift from the previouse trading day's closing. The stock's performance was ahead of the S&P 500's daily loss of 0.09%. Meanwhile, the Dow experienced a rise of 0.04%, and the technology-dominated Nasdaq saw a decrease of 0.1%.Coming into today, shares of the company had lost 5.7% in the past month. In that same time, the Consumer Discretionary sector gained 0.69%, while the S&P 500 lost 0.29%.The upcomin ...
Spain targets Airbnb in illegal ads probe
Techxplore· 2024-12-18 21:19
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: Mass tourism is a hot topic in Spain as foreign visitors drive the economy but fuel anger about unaffordable housing. Spain's leftist government on Wednesday opened an investigation into holiday rental platform Airbnb for allegedly failing to take down adverts for thousands of apartments without a tourist license. Mass tourism ...
Stock Of The Day: Will Airbnb Make A Rapid Reversal?
Benzinga· 2024-12-16 16:56
Airbnb, Inc. ABNB shares are staging a small rebound Monday. This comes following Friday's sell-off of almost 5%.There is a good chance the shares will reverse and rapidly move higher. This is why our team of trading experts has made it our Stock of the Day.As you can see on the chart, the stock found support around $130. This wasn't a coincidence. This level was support in November and in the financial markets there tends to be support at levels that had been support before.The reason why is simple. It is ...
Into 2025: Top 8 Stocks I Own And Why (Part I)
Seeking Alpha· 2024-12-15 22:00
We will soon bid adieu to 2024, and what a year it has been for stocks! The S&P 500 ( SPY ) seems to reach an all-time high every other day. In fact, it has hit record highs 55 (55!) times so far this year. ArtificialIf you are a medium to long-term investor looking for an analysis of equities focused on cash flow, growth, and other critical metrics from a financial professional who knows financial statements inside and out, consider giving me a follow.While I am Tech-focused, I have a diversified portfolio ...
3 Facts About Airbnb You Must Know Before Buying the Stock
The Motley Fool· 2024-12-14 09:07
There aren't many businesses that have disrupted entire categories to the point that their name has become a verb. But that is precisely what Airbnb (ABNB -4.74%) has accomplished. The alternative accommodations platform hasn't worked out well for investors, though. While its market cap is in the neighborhood of $87 billion, the stock has climbed just 2% this year and trades 36% below the peak it reached in February 2021. You might be thinking about adding this growth stock to your portfolio on that weaknes ...
Airbnb Falls 7% in 6 Months: How Should You Approach the Stock?
ZACKS· 2024-12-11 17:36
Core Insights - Airbnb's shares have underperformed, losing 7.4% over the past six months compared to the Zacks Consumer Discretionary sector's 16.4% return and the Zacks Leisure and Recreation Services industry's 320.6% growth, due to increased travel demand volatility, competition, and seasonality [1][11]. Group 1: Financial Performance - In Q3 2024, Airbnb's Gross Booking Value (GBV) reached $20.1 billion, reflecting a 10% year-over-year increase driven by strong performance in Nights and Experiences Booked and a modest rise in Average Daily Rates (ADR) [4]. - Nights and Experiences Booked totaled 122.8 million, marking an 8% year-over-year growth, particularly strong in Asia Pacific and Latin America [5]. - The ADR was $164, a 1% year-over-year increase, with a 2% rise when excluding forex impacts, supported by price appreciation and stable rates across regions [5]. Group 2: Strategic Initiatives - Airbnb aims to popularize hosting alongside traveling, boasting over 8 million active listings with growth across all regions and market types in Q3 2024 [6]. - The launch of the Co-Host Network allows hosts to connect with experienced local co-hosts for support, with over 10,000 co-hosts in 10 countries to simplify hosting and drive supply growth [7]. - Airbnb introduced over 535 new features and upgrades to enhance the platform for hosts and guests, including personalized recommendations and search filters [8]. Group 3: Market Expansion - The company is expanding its presence in under-penetrated markets, achieving an average growth rate of nights booked in these areas that is more than double that of core markets [9]. - In the reported quarter, nights booked increased by 18% year-over-year, with 58% of total nights booked through the app, up from 53% last year, indicating strong demand from new users, especially younger travelers [10]. Group 4: Competitive Landscape - Despite strong performance, Airbnb faces macroeconomic challenges such as inflation and fluctuating travel trends, alongside intensified competition in the travel sector [11]. - The company competes in a highly competitive online travel booking market against major players like Booking Holdings, Expedia, and Trip.com, as well as various regional agencies [12]. - Additional competition arises from platforms offering experiences, such as Viator and GetYourGuide, and significant competitors in the listing and meta-search space like TripAdvisor and Trivago [13].
1 Monster Stock to Hold for the Next 5 Years
The Motley Fool· 2024-12-05 09:45
Wall Street and Main Street are abuzz with talk of artificial intelligence (AI). Companies are rapidly integrating AI tools, such as Microsoft's Copilot and Salesforce's Einstein AI. Both are used to automate tasks, utilize data to offer insights, and enhance efficiency.AI is a terrific industry to invest in, with dozens of stocks from which to choose, but it isn't the only one to consider. So today, I'll look at a company outside of AI that could provide terrific returns. I'll highlight why Airbnb's (ABNB ...
Using AI Integration, Merriby Real Estate LLC Transforms Airbnb Hosting
GlobeNewswire News Room· 2024-11-29 18:12
OTTAWA, Ontario, Nov. 29, 2024 (GLOBE NEWSWIRE) -- The renowned Airbnb Partnership Program at Merriby Real Estate LLC, a pioneer in short-term rental management, has announced the addition of cutting-edge Artificial Intelligence (AI) solutions. This combination, led by seasoned investor, author, and entrepreneur Noah Merriby, represents a critical turning point in the development of contemporary property management. Known for enabling people to create profitable short-term rental companies without real est ...
A Growth Stock With a Hidden Cash Machine
The Motley Fool· 2024-11-27 12:30
Shares of Airbnb (ABNB -0.89%) have struggled lately, but the business is still growing and management is expanding into new markets. In this video, Travis Hoium highlights the strategy, growth prospects, and risks behind Airbnb's business.*Stock prices used were end-of-day prices of Nov. 26, 2024. The video was published on Nov. 27, 2024. ...