Expedia: With Global Risks Mounting, It's Time To Lock In Gains (Downgrade) (NASDAQ:BKNG)

Market Overview - The stock market is experiencing a downturn, influenced by the "SaaSpocalypse" narrative and escalating conflict in the Middle East, leading to rising oil prices [1] - Stocks are trending into negative territory for the year, indicating a significant shift in market sentiment [1] Analyst Background - Gary Alexander has extensive experience in covering technology companies on Wall Street and has worked in Silicon Valley, providing insights into current industry themes [1] - He has been a contributor to Seeking Alpha since 2017 and has been featured in various web publications, with his articles reaching audiences through popular trading apps like Robinhood [1]