Core Viewpoint - Expedia forecasts 2026 gross bookings and revenue to exceed Wall Street expectations, driven by strong demand from business clients [1] Group 1: Financial Projections - Gross bookings for 2026 are expected to be between $127 billion and $129 billion, surpassing analysts' average estimate of $125.95 billion [1] - Annual revenue is projected to be in the range of $15.6 billion to $16 billion, with the midpoint exceeding analysts' estimate of $15.69 billion [1] Group 2: Business Segment Performance - The business-to-business (B2B) segment has seen growth due to new client additions, including airlines and offline travel agents [1] - Gross bookings in the B2B division increased by 24% in the fourth quarter, compared to a 5% increase in the direct-to-consumer unit [1] Group 3: Market Trends and Consumer Behavior - Cost-conscious travelers are driving demand for online travel agencies, seeking value through deals and discounts [1] - Expedia reported a 70% increase in partners participating in Black Friday sales, with 30% of fourth-quarter bookings coming from discounted inventory [1] Group 4: Financial Performance - Adjusted profit for the fourth quarter was $3.78 per share, up from $2.39 per share a year earlier [1] - Total revenue for the fourth quarter rose by 11.4% to $3.54 billion [1]

Core Insights - Chegg, Inc. (CHGG) is transitioning its business model to a business-to-business (B2B) approach to mitigate the uncertainty in student-driven online traffic [1][4] - The core academic business is facing challenges due to the rise of generative Artificial Intelligence and changes in online search behavior, leading to a decline in traditional study platform usage [2][3] Financial Performance - In Q3 2025, total revenues fell by 42% year over year, primarily due to decreased traffic in legacy academic services and lower advertising revenues [3] - The core academic segment experienced a revenue drop of over 40% year over year, with legacy traffic declining nearly 50% [3] Strategic Shift - The company is prioritizing its B2B skilling operations, which focus on enterprise partnerships and offer better revenue visibility and lower sensitivity to traffic fluctuations [4][8] - This strategic pivot aims to stabilize performance amid the evolving digital education landscape [4] Competitive Landscape - Chegg operates in a competitive EdTech market alongside companies like Duolingo, Inc. and Udemy, Inc., which have established strong positions in language learning and professional skill development, respectively [5][6] Stock Performance - CHGG shares have decreased by 38.9% over the past six months, underperforming compared to the Zacks Internet-Software industry, the Zacks Computer and Technology sector, and the S&P 500 index [7][8] - The stock is currently trading at a forward 12-month price-to-sales (P/S) ratio of 0.33, indicating a discount compared to industry peers [10] Earnings Estimates - The earnings per share estimate for 2026 remains unchanged at 18 cents, with an expected growth of 228.6% [12] - Current earnings estimates for Q4 2025 and Q1 2026 are projected at -0.19 and 0.09, respectively, with a forecast of -0.14 for the current year and 0.18 for the next year [13]

FedEx CEO Raj Subramaniam reviewed the shipping company's quarter in a Thursday interview with CNBC's Jim Cramer, emphasizing strength in business-to-business transactions."FedEx is the heartbeat of the industrial economy — that's the global network that we have put in place," Subramaniam said. "Our focus is always on differentiation and providing new value for our customers.""So we are winning in key verticals," he continued, "Whether it's healthcare, whether it's aerospace, whether it's defense, and now t ...