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March 9, 2021

Airbnb Inc

Cramer says post-Covid travel boom could be ‘sky’s-the-limit’ and investors aren’t ready for it

CNBC
by CNBC096
CNBC – For more and to sign up click here CNBC’s Jim Cramer said Wednesday he anticipates a ferocious travel recovery from the Covid pandemic, a development that would have significant implications for companies with exposure to the industry and for the U.S. economy overall. “It’s going to be a......
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Coinbase and Roblox take a page from Google, keeping marketing costs way down ahead of public debuts

CNBC
by CNBC045
CNBC – For more and to sign up click here Welcome to Bloxburg Roblox Cryptocurrency exchange Coinbase and gaming app Roblox are both getting set to go public through a direct listing of their shares. They have something else in common that’s likely to prove very attractive to investors: Brand......
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Airbnb soars after earnings as one analyst calls it ‘the best asset in travel’

CNBC
by CNBC077
CNBC – For more and to sign up click here Co-founder and CEO of Airbnb Brian Chesky speaks during an interview in Langa township, Cape Town, South Africa March 17, 2017. Mike Hutchings | Reuters Airbnb’s stock was up as much as 16% on Friday following a number of analyst......
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Stocks making the biggest moves midday: Etsy, Virgin Galactic, Foot Locker & more

CNBC
by CNBC06
CNBC – For more and to sign up click here Etsy CEO Chad Dickerson and others celebrate their IPO at the Nasdaq exchange, April 16, 2015. Getty Images Check out the companies making headlines in midday trading.  Etsy — Shares of the e-commerce company popped nearly 13% on Friday after......
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Stocks making the biggest moves in the premarket: Foot Locker, Beyond Meat, DoorDash & more

CNBC
by CNBC036
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Foot Locker (FL) – Foot Locker shares tanked 12.1% in premarket trading after quarterly revenue came in below Street forecasts and comparable-store sales unexpectedly declined. The athletic apparel......
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As business travel falls, Airbnb sees opportunity in remote work travel

CNBC
by CNBC040
CNBC – For more and to sign up click here While business travel has been one casualty of the coronavirus pandemic, Airbnb plans to capitalize on the newfound work-life balance that emerged during the shift to remote work. Airbnb CEO Brian Chesky told CNBC’s Jim Cramer Thursday that the home......
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Airbnb reports $3.89 billion loss in first quarterly report since IPO but beats revenue expectations

CNBC
by CNBC041
CNBC – For more and to sign up click here John MacDoughall | AFP | Getty Images Short-term rental booking company Airbnb’s stock bounced around, up as much as 4% and down as much as 1%, in after-hours trading on Thursday as the company posted growing losses and a decline in......
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Stocks making the biggest moves after the bell: Beyond Meat, Etsy, Virgin Galactic & more

CNBC
by CNBC04
CNBC – For more and to sign up click here A staff member displays a burger with a Beyond Meat plant-based patty at VeggieWorld fair in Beijing, China November 8, 2019. Jason Lee | Reuters Check out the companies making headlines after the bell on Thursday: Beyond Meat – Beyond......
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Roblox says revenue was higher than previously reported and pushes direct listing to March

CNBC
by CNBC041
CNBC – For more and to sign up click here Welcome to Bloxburg Roblox Roblox, the kids’ gaming company that’s getting set to go public, released an updated prospectus on Thursday showing that its revenue for the first three quarters of 2020 was higher than previously reported, while its net......
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Traders on which travel stock they’re backing as Expedia reports earnings

CNBC
by CNBC07
CNBC – For more and to sign up click here Expedia fell in extended trading Thursday after its quarterly release. The online travel booking site posted a 67% drop in revenue to $920 million in the three months to December, below analysts’ estimates for more than $1 billion. A loss......
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Private jet company Wheels Up to go public in a $2 billion SPAC deal that could help it unlock new markets

CNBC
by CNBC028
CNBC – For more and to sign up click here Private jet company Wheels Up is merging with a special purpose acquisition company to go public at a valuation of more than $2 billion — more than twice its 2019 value. The deal, expected to close in the second quarter,......
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Airlines push back on potential Covid testing for domestic flights

CNBC
by CNBC025
CNBC – For more and to sign up click here A man receives a nasal swab COVID-19 test at Tom Bradley International Terminal at Los Angeles International Airport (LAX) amid a coronavirus surge in Southern California on December 22, 2020 in Los Angeles, California. Mario Tama | Getty Images The......
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Why some tech companies and billionaires are leaving California

CNBC
by CNBC050
CNBC – For more and to sign up click here While it may be an overstatement to say California is hemorrhaging people, some of the state’s major companies and wealthiest residents are leaving for states like Texas, Arizona and Florida. In 2020, Oracle, Palantir and Hewlett-Packard Enterprise were among the......
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Adrenaline-fueled rush for small caps, vaccine plays and story stocks dents passive-indexing trend

CNBC
by CNBC034
CNBC – For more and to sign up click here Traders on floor of the New York Stock Exchange. Source: New York Stock Exchange For years, skeptics of index investing who watched trillions pour into S&P 500 funds argued that it would probably take a prolonged bear market to undercut......
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