Airbnb, Inc. (NASDAQ:ABNB) is one of the stocks Jim Cramer commented on. A caller asked whether they should buy, sell, or hold the stock, and Cramer replied: “Oh man, I’ve been looking at it too, and I’m telling you that whole class of equities from that period that came public, they’re all on fire except for this one. I think you buy Airbnb.” House, Rent, Real Estate Photo by Andrea Davis on Unsplash Airbnb, Inc. (NASDAQ:ABNB) operates an online platform that connects hosts with guests to book stays ...

Core Insights - Airbnb reported first-quarter results that were mostly in line with estimates, but issued a disappointing revenue forecast for the current period, leading to a 4% decline in shares [1][2] Financial Performance - Revenue increased by 6% year-over-year to approximately $2.1 billion, while net income fell to $154 million (24 cents per share) from $264 million (41 cents per share) in the same period a year earlier [1] - For the second quarter, Airbnb expects revenue between $2.99 billion and $3.05 billion, with a midpoint of $3.02 billion, slightly below analysts' forecast of $3.04 billion [2] - Gross booking value rose by 7% year-over-year to $24.5 billion, aligning with estimates, while nights and experiences booked increased by 8% to 143.1 million, close to the 143.4 million estimate [4] Market Trends - The company noted softer results in the U.S., attributed to broader economic uncertainties, despite strong year-over-year growth in North America [2][3] - There was a significant increase in nights booked by Canadian guests visiting Mexico, which jumped by 27% year-over-year in March [5] Operational Updates - Airbnb announced the removal of 450,000 listings following updates to its host quality system in 2023 and teased new app updates that will expand beyond just places to stay [6]