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Airbnb, Inc. (NASDAQ:ABNB ) Bernstein's 40th Annual Strategic Decisions Conference Call May 30, 2024 2:30 PM ET Company Participants Ellie Mertz - Chief Financial Officer Conference Call Participants Richard Clarke - Bernstein Richard Clarke Great. Well, good afternoon, everybody, and thanks for joining us here for the 2:30 session.
Europe's top court on Thursday backed Alphabet's Google, Amazon and Airbnb in their fight against an Italian rule requiring them to provide information on the companies.
Although the bulls have been in charge on Wall Street over the last 18 months, amazing deals can still be found. Most brokers have eliminated investment barriers that had previously kept retail investors on the sideline.
Despite the stock market being at an all-time high, plenty of bargains remain to be found for investors. The bull rally that began in autumn 2022 is only now starting to broaden out to include utilities, retailers, industrial stocks and other sectors of the economy.
Airbnb's Q1 earnings exceeded estimates, but shares dropped due to warnings of moderate growth for Q2. The cyclical nature of the business is evident, with Q1 benefiting from events like the solar eclipse, while Q2 is expected to have less travel. Airbnb is undergoing changes to provide a more consistent and reliable experience, including rewarding hosts with high guest ratings.
Travel is back in business. Since the latter years of the Covid-19 pandemic, travel stocks to buy have sharply rebounded, boosting earnings and share price of many companies within the sector.
I invest 50% of my portfolio in REITs. I know from past experiences that you need to be very selective. Here are 2 REITs that I would avoid today.
Rick Heitzmann, FirstMark Capital founder & partner, joins 'Fast Money' to talk Nvidia earnings and Apple's AI ambitions.
Everything looks expensive right now. From groceries to travel and fuel, we've seen massive price hikes across all industries.
As the world continues to embrace the joys of travel, post-pandemic, the industry is poised for sustained momentum throughout the rest of 2024. The post-pandemic “revenge travel” trend, which began in 2022, remains a significant driving force.