Earnings Results: Airbnb stock jumps after company reports first profitable year and a strong forecast

February 14, 2023

Read Time:6 Second

Airbnb reported record fourth-quarter revenue and profit to achieve its first profitable year Tuesday, and executives’ forecast exceeded Wall Street estimates.

About Post Author

Happy

0 %

Sad

0 %

Excited

0 %

Sleepy

0 %

Angry

0 %

Surprise

0 %

Cats vs. dogs: Today’s economy is tipping the scales in the great debate over which pet is better

Four years after “pandemic pets” offered lockdown companionship and drained shelters of cats and dogs, data suggest that more economical...

April 30, 2024

Europe’s automakers off to a weak start for 2024, with EV sales a problem for some

Mercedes-Benz, Volkwagen and Stellantis shares all fell Tuesday after the Europe automakers showed 2024 was off to a slow start.

April 30, 2024

Why T-bill and chill is here to stay, these strategists say

Barclays analysts say rising budget deficits change several key assumptions underpinning the fixed-income market.

April 30, 2024

Treasury yields little changed as Fed policy update looms

Bond yields were steady early Tuesday, holding near multi-month highs on expectations the Fed will confirm its keeping interest rates...

April 30, 2024

Battery replacement is rare for electrified cars, study finds

Just 1.5% of electric vehicles and plug-in hybrid vehicles have needed their batteries replaced since 2011, according to a new...

April 30, 2024

Check out Colin Kaepernick’s pristine Tribeca condo, listed for $3.45 million

The athlete and activist, formerly of the San Francisco 49ers, picked up the condo in 2017.

April 30, 2024

Earnings Results: Airbnb stock jumps after company reports first profitable year and a strong forecast

About Post Author

Wall Street Today

Other

Business