A trifecta of key economic releases and earnings from several noteworthy firms will be of interest to market watchers this week. Investors will watch for delayed January jobs data, consumer inflation and retail sales reports in the coming days. The employment and CPI reports. were delayed by a brief government shutdown last week; retail sales data for December was pushed back as a result of the 2025 government shutdown. Traders will also be watching for earnings from Cisco, an artificial intelligence i ...

As filed with the Securities and Exchange Commission on February 6, 2026. Registration Statement No. 333-293218 UNITED STATES SECURITIES AND EXCHANGE COMMISSION REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Society Pass Incorporated (Exact name of Registrant as specified in its charter) (Primary Standard Industrial Classification Code Number) Nevada 7389 83-1019155 (I.R.S. Employer Identification No.) 80 Robinson Road, #17-01B, Singapore 068898 (Address, including zip code, and telephone number, i ...

Core Viewpoint - Booking Holdings (BKNG) has experienced a significant decline of 18.4% over the past four weeks, but it is now positioned for a potential trend reversal as it enters oversold territory, with analysts predicting better earnings than previously expected [1]. Technical Analysis - The Relative Strength Index (RSI) is a momentum oscillator that indicates whether a stock is oversold, with readings below 30 typically signaling this condition [2]. - BKNG's current RSI reading is 23.69, suggesting that the heavy selling pressure may be exhausting, indicating a possible bounce back towards equilibrium in supply and demand [5]. Fundamental Analysis - There is strong consensus among sell-side analysts regarding an increase in earnings estimates for BKNG, with a 0.1% rise in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7]. - BKNG holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, further supporting the potential for a near-term turnaround [8].

Washington, D.C. 20549 FORM S-1 As filed with the Securities and Exchange Commission on February 5, 2026. Registration Statement No. UNITED STATES SECURITIES AND EXCHANGE COMMISSION REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Society Pass Incorporated (Exact name of Registrant as specified in its charter) (Primary Standard Industrial Classification Code Number) Nevada 7389 83-1019155 (I.R.S. Employer Identification No.) (State or other jurisdiction of incorporation) 80 Robinson Road, #17-01B, Si ...

Core Viewpoint - Booking Holdings (NASDAQ:BKNG) is a major player in the online travel industry, facing competition from companies like Expedia and TripAdvisor. The stock was downgraded by Citigroup from "Outperform" to "Market Perform" with a price of $4,644.64 at the time of the downgrade [1][5]. Stock Performance - BKNG's stock closed at $4,644.64, reflecting a significant decline of 9.32% from the previous day, which is more severe compared to the S&P 500, Dow, and Nasdaq, which saw losses of 0.84%, 0.34%, and 1.43% respectively [2]. - Over the past month, BKNG's stock has decreased by 4.57%, underperforming the Retail-Wholesale sector's gain of 6.19% and the S&P 500's increase of 1.8% [2]. Upcoming Earnings Report - Investors are anticipating BKNG's earnings report scheduled for February 18, 2026, with an expected earnings per share (EPS) of $47.53, representing a 14.39% increase from the same quarter last year [3]. - The Zacks Consensus Estimate projects net sales of $6.11 billion, indicating an 11.69% rise from the previous year, suggesting potential growth despite recent stock performance challenges [3]. Trading Range and Market Capitalization - BKNG's stock has traded between a low of $4,615.19 and a high of $5,115 in the current session, with a yearly high of $5,839.41 and a low of $4,096.23 [4]. - The company's market capitalization is approximately $149.7 billion, with a current trading volume of 625,999 shares on the NASDAQ exchange [4].

Financial Data and Key Metrics Changes - For the full year 2025, the company achieved a total revenue growth of 19% year-over-year, with total revenue reaching EUR 120 million in Q4 2025, representing a 27% increase compared to Q4 2024 [3][14] - Adjusted EBITDA for the full year was EUR 15.8 million, with Q4 2025 Adjusted EBITDA at EUR 11.3 million, exceeding expectations [3][14] - The company reported a net income of EUR 14.5 million in Q4 2025, reflecting strong profitability despite operational expenses increasing to EUR 113 million [14][15] Business Line Data and Key Metrics Changes - Referral revenue growth was driven by a 20% increase in America, 16% in the Rest of the World, and 15% in Developed Europe, despite facing approximately 5% FX-related headwinds globally [15] - The conversion rate improved by 37% compared to 2023, significantly enhancing unit economics [5][14] - Referral revenue through the Trivago Book & Go funnel increased by 137% in Q4 2025 compared to Q4 2023 [6] Market Data and Key Metrics Changes - The company operates within a EUR 1.6 trillion travel market, with hotels representing about EUR 500 billion of that opportunity [7] - Recent research indicates that roughly half of travelers prioritize value for money, with over 40% comparing prices across different booking sites [8] Company Strategy and Development Direction - The strategic theme for 2026 is "Optimizing Momentum, Pushing Frontiers," focusing on balancing growth with marketing discipline while continuing innovation [3] - The company aims to increase brand marketing investments while optimizing existing markets rather than entering new ones, expecting to gradually increase profitability [10][12] - The company is leveraging AI to enhance productivity and marketing impact, aiming to operate with a leaner workforce [13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving double-digit total revenue growth in 2026, targeting at least EUR 20 million in Adjusted EBITDA [4][18] - The company anticipates a strong start in Q1 2026, in line with expectations for continued growth and improved profitability [25] - Management noted that while they aspire to return to pre-COVID referral revenue levels, the focus remains on executing effective marketing strategies rather than setting hard revenue goals [26][27] Other Important Information - The company has no long-term debt and held EUR 130.9 million in cash and cash equivalents as of December 31, 2025, indicating a strong financial position [17] - Operational expenses increased primarily due to higher brand marketing investments and the acquisition of Trivago Deals [15][16] Q&A Session Summary Question: Clarification on 2026 guidance and referral revenue growth - Management clarified that future guidance will focus on total revenue rather than referral revenue, as the latter may not provide a meaningful picture due to intercompany eliminations [23] Question: Health of global travel and impact of major sporting events - Management noted stable search interest and average travel distance, with no expected significant impact from events like the World Cup or Olympics [34][35] Question: Update on Trivago Deals and its impact - Management emphasized that Trivago Deals is focused on facilitating bookings for partners, contributing to improved conversion rates [41] Question: Shift in traffic strategy due to brand marketing levels - Management confirmed that while brand marketing investments will continue to grow, the incremental growth will be less than in previous years, with a diversified approach to marketing channels [45][46]

Core Insights - trivago N.V. reported strong financial results for Q4 2025, achieving a total revenue growth of 27% year-over-year, driven by a 17% increase in Referral Revenue [4][9][10] - The company exceeded its revenue and profitability expectations for the full year 2025, with total revenue growth of 19% and an Adjusted EBITDA of €15.8 million [4][12] - The CEO highlighted the effectiveness of increased brand investments since mid-2023, which have led to significant growth in branded channel traffic revenue [4][5] Financial Performance - Total revenue for Q4 2025 was €120.0 million, compared to €94.8 million in Q4 2024, marking a 27% increase [6][9] - Referral Revenue reached €109.4 million in Q4 2025, up from €93.5 million in the same quarter of 2024, reflecting a 17% growth [6][21] - Net income for Q4 2025 was €14.5 million, a significant increase from €5.1 million in Q4 2024, while Adjusted EBITDA was €11.3 million, slightly up from €11.1 million [6][48] Growth Drivers - The growth in Q4 2025 was attributed to double-digit Referral Revenue growth across all trivago Core segments, particularly a 20% increase in the Americas [5][10] - The company anticipates continued double-digit revenue growth and improved profitability for the full year 2026, with an expected Adjusted EBITDA of at least €20 million [5][14] Advertising and Marketing - Advertising Spend increased by 31% year-over-year to €75.3 million in Q4 2025, driven by brand marketing investments aimed at increasing direct traffic [11][25] - The Return on Advertising Spend (ROAS) decreased to 147.9% in Q4 2025 from 162.9% in Q4 2024, reflecting higher brand marketing investments [11][26] Segment Performance - The Americas segment generated €43.2 million in Referral Revenue for Q4 2025, a 20% increase from €36.0 million in Q4 2024 [19] - Developed Europe and Rest of World segments also showed growth, with Referral Revenue increasing by 15% in both segments [19][20] Outlook - The company expects to maintain a strong growth trajectory in 2026, focusing on cost discipline and leveraging AI to enhance profitability [5][13] - Continued product improvements and an increasing number of logged-in members are anticipated to further enhance booking conversion rates [13]

Core Insights - Booking Holdings has appointed Peer Bueller as the new CEO of KAYAK, succeeding Steve Hafner, who will transition to the role of Executive Chair [1][3] - Peer Bueller has been with KAYAK since 2016, initially as Chief Financial Officer and later as Chief Operating Officer, focusing on expansion and innovation [2][5] - Steve Hafner, a co-founder of KAYAK, has led the company for 22 years and will now focus on advancing AI innovation within Booking Holdings [3][4] Company Overview - KAYAK is a leading travel search engine under Booking Holdings, facilitating billions of queries to help users find flights, accommodations, rental cars, and vacation packages [7] - Booking Holdings operates in over 220 countries and territories, providing online travel services through brands like Booking.com, Priceline, Agoda, KAYAK, and OpenTable [8] Leadership Transition - Steve Hafner expressed confidence in Peer Bueller's leadership, highlighting his significant contributions to KAYAK's success [4] - Peer Bueller aims to enhance KAYAK's user experience and capitalize on growth opportunities as the new CEO [6]

Flight Cost Management Strategies - The article provides tips for finding cheaper flights, emphasizing the importance of using technology and strategic planning to reduce travel costs [5][6][10]. Technology Utilization - Google Flights is highlighted as a primary tool for booking flights, offering features like price alerts and a price grid for alternative dates [6][11]. - An AI feature in Google Flights allows users to describe their ideal trip, helping to find suitable destinations and flights, although it is still in beta [7]. - The Hopper app is recommended for its ability to advise on the best time to book flights and offers a "Price Freeze" option to hold fares for a specified period [8][9]. Booking Timing - The optimal booking window for domestic flights is one to three months in advance, while international flights should be booked three to six months ahead [10][11]. - Booking on Sundays is suggested to yield the best savings according to Expedia's 2025 Air Hacks Report [11]. Travel Timing - Avoiding peak travel periods can lead to significant savings, with midweek flights generally being cheaper than weekend flights [12][13]. - A specific example shows that a direct flight from Toronto to Cancún during peak times can cost $2,052, while shifting the travel dates can reduce the fare to $1,373 [13]. Flight Options - Opting for flights with layovers can be a cost-effective strategy, as direct flights are often more expensive [14].

Core Viewpoint - Booking Holdings (BKNG) is viewed as a strong long-term investment opportunity, particularly following a recent decline attributed to concerns over travel and competition from AI [1]. Group 1: Company Overview - Booking Holdings has demonstrated solid compounding growth over time, indicating its resilience and potential for future performance [1]. Group 2: Investment Perspective - The recent pullback in Booking Holdings' stock price is seen as a buying opportunity, suggesting that current market fears may be overblown [1].