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☆ Expedia and this beauty stock are among the most oversold names on Wall Street. Here are the others
▼ + stars: | 2024-05-10 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

Using the CNBC Pro Stock Screener tool , we found the most overbought and oversold stocks on Wall Street based on their 14-day relative strength index, or RSI. Stocks with a 14-day RSI lower than 30 fall under oversold territory — and may be due for a rebound in the future. Here are some of the most oversold names: Expedia made the cut of oversold names, off more than 2% week to date. Expedia has a 14-day RSI reading of about 26. The firm also slashed its price target to $434 from $612, citing a faster-than-expected slowdown in the beauty segment.

Persons: Expedia Organizations: Nasdaq, Dow Jones, CNBC, Stock, Barclays, Defense, Leidos Holdings, NextEra Energy, Navigation, Garmin

☆ Expedia's quarter was mixed, not a terrible disappointment, says Jim Cramer
▼ + stars: | 2024-05-03 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Expedia's quarter was mixed, not a terrible disappointment, says Jim Cramer'Mad Money' host Jim Cramer takes a closer look at travel comapnies quarterly results.

Persons: Jim Cramer

☆ Investors in Airbnb arbitrage business allege they were defrauded in scheme promising 'higher returns than the stock market'
▼ + stars: | 2024-02-11 | by ( Rohan Goswami Annie Palmer | Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +18 min

Airbnb told CNBC that business practices such as Agyeman's aren't permitted. Airbnb told CNBC it had no business relationship with Agyeman and had taken action to curtail his operations. Carr and other HFA investors told CNBC their frustrations were dismissed or met with legal threats. To get around Airbnb's rules, HFA instructed its investors to list their own homes, a former employee and two investors told CNBC. Airbnb told CNBC that it was rolling out a more robust verification process in the U.S. and elsewhere beginning as early as 2024.

Persons: Elham Ataeiazar Daryn Carr, Carr, Anthony Agyeman, Agyeman, HFA, they've, Agyeman haven't, Airbnb, Brian Chesky, Brendan McDermid, Reuters Carr, Thomas Hunker, Hunker, Wessel Botes, Megan Shears, Shears, It's, Kathy, she'd, copywriters, couldn't, who'd, Collin Ballard, Collin Ballard Ballard, Ballard, lister, HFA's, Agyeman's Wealthway, Wealthway, David Levine, he's, Levine, Levine didn't Organizations: Federal Trade Commission, Department of Justice, Justice Department, FTC, CNBC, Inc, New York Stock Exchange, Reuters, Agyeman, Investors, Google, HFA, MGM, Dallas, North Locations: hustles, Covid, New York City, New York, Airbnb, HFA, Texas, Instagram, Fort Myers, Sanibel, Las Vegas, Dallas, U.S, Agyeman, Florida, North America, Botes

☆ Here are Friday's biggest analyst calls: Apple, Alphabet, Tesla, Costco, Dick's, United, Pinterest, Vivid Seats & more
▼ + stars: | 2024-02-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Daiwa reiterates Apple as outperform Daiwa said it needs to see more growth from Apple, but that it's sticking with its outperform rating. " "We reiterate our Outperform rating on Dick's Sporting Goods and lift our 12- to 18- month price target to $190 (from $145)." Bank of America reiterates Pinterest as buy Bank of America said it's standing by Pinterest shares after earnings on Thursday. Initiating Coverage On Vivid Seats With A BUY Rating And $10 Price Target. Bank of America initiates Ocular Therapeutix as buy Bank of America said it's bullish on the opthalmic biotech company.

Persons: Morgan Stanley, it's, Wedbush, Tesla, Daiwa, Oppenheimer, Argus, Pinterest, Goldman Sachs, Goldman, Wells, Craig, Hallum, Cleveland, it's bullish Organizations: Citi, Liberty Global, Apple, Dick's Sporting Goods, Bank of America, HSBC, Bunge, Argus, Health, PayPal, Costco, Alphatec Holdings, United Airlines, Target ., JPMorgan, " Bank of America Locations: FCF, Cleveland

☆ I went on a $1,000, 5-day budget trip to the Maldives. Here are 5 things I did to save money.
▼ + stars: | 2024-01-16 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +2 min

Read previewThe Maldives is a dream destination for many travelers, including honeymooners, wealthy families, and even budget explorers like me. This story is available exclusively to Business Insider subscribers. The plan was to spend five days in the Maldives and stick to a $1,000 budget — this had to include flights, accommodation, activities, and everything in between. Flights to the Maldives can be pricey, even when flying from Singapore, the city-state in Southeast Asia where I'm based. AdvertisementHere are five things I did to save money and not break the bank:

Persons: —, South Asia — Organizations: Service, Business, Henley Locations: Philippines, Maldives, South Asia, Singapore, Southeast Asia

☆ Consumers are still spending, but they're under pressure. These stocks still have room to run
▼ + stars: | 2023-11-06 | by ( Pia Singh | ) www.cnbc.com time to read: +12 min

Persistent inflationary pressures have led to depressed levels of consumer spending all year, according to Bank of America. Consumers are still spending — in fact, they're spending more than they are earning — as employment levels and hourly wage growth remain fairly strong . Some analysts see an opportunity to pick up shares of battered-down retail stocks. According to Barclay's Yih, spending levels "almost have to be worse" next year. LPL's Roach similarly expects consumers spending to hit a roadblock in the coming months.

Persons: bode, Neuberger Berman, Steve Eisman, Jeffrey Roach, Adrienne Yih, Yih, Randy Hare, Ross, Polly Wong, Belardi Wong, James Lewis, Huntington's Hare, Bartlett, Chris Kempczinski, Lewis, …, it's, Anthony Chukumba, Chukumba, Wells, Ike Boruchow, Kathleen Entwistle, Entwistle, LPL's Roach, Morgan Stanley's Entwistle, Barclay's Yih, Roach Organizations: Bank of America, CNBC, Consumers, Barclays, Ross, Huntington National Bank, Bartlett Wealth Management, Walmart, Retailers, Republic, Urban Outfitters, Eagle Outfitters, National, Capital, National Vision, Nike, Ross Stores, Morgan Stanley Private Wealth Management, Investments, Citizens JMP Securities, Delta Air Lines, Deutsche Bank Locations: U.S, Wells Fargo

☆ Expedia's been the 'problem child' in online travel space, says Evercore ISI's Mark Mahaney
▼ + stars: | 2023-09-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpedia's been the 'problem child' in online travel space, says Evercore ISI's Mark MahaneyMark Mahaney, Evercore ISI head of internet research, joins 'Squawk Box' to discuss Evercore's latest survey on travel demand, the stocks to play in the travel sector, and demand for alternative lodging.

Persons: Expedia's, Evercore, Mark Mahaney Mark Mahaney

☆ Lee Munson explains why investors should bail on Nvidia, Expedia and CVS Health
▼ + stars: | 2023-08-18 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLee Munson explains why investors should bail on Nvidia, Expedia and CVS HealthLee Munson, Portfolio Wealth Advisors president and CIO, joins 'The Exchange' to discuss how to trade hedge fund filing names, Expedia's struggle to compete against credit card points, and the competitive business of urgent care clinics.

Persons: Lee Munson, CVS Health Lee Munson Organizations: Nvidia, Expedia, CVS Health

☆ Gloomy Spirit, Expedia reports drag travel stocks lower on demand slowdown fears
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +2 min

A Spirit Airlines jet taxis from Newark Liberty International Airport in Newark, New Jersey, U.S. December 6, 2019. REUTERS/Chris Helgren/File PhotoAug 3 (Reuters) - U.S. travel stocks fell in early trading on Thursday following downbeat quarterly reports from Spirit Airlines (SAVE.N) and Expedia (EXPE.O) that amplified concerns domestic demand may be easing after a strong rebound from pandemic lows. Spirit, which mainly operates on domestic routes, also forecast weaker-than-expected revenue for the third quarter, with Citi analysts citing the effect from travel demand shifting to international from domestic. Adding to the gloom, online travel firm Expedia Inc (EXPE.O) reported smaller-than-expected bookings for the second quarter, even as it said travel demand remained "strong." "We believe this is further evidence of softening in U.S. travel demand trends while international growth continues to outperform," Wedbush analyst Scott Devitt said in a note.

Persons: Chris Helgren, Gross, Scott Devitt, airfares, Priyamvada, Kannaki, Pratyush Thakur, Sriraj Organizations: Spirit Airlines, Newark Liberty International Airport, REUTERS, Citi, Southwest Airlines, Alaska Air, Delta Air Lines, United Airlines, American Airlines, Expedia Inc, Thomson Locations: Newark , New Jersey, U.S, Southwest, Bengaluru

May 9 (Reuters) - Vacation rental booking company Airbnb Inc (ABNB.O) said on Tuesday that it expected fewer bookings and lower average daily rates in the second quarter versus a year earlier, sending shares down 11.5% in after-hours trading. Average daily rates were flat year-on-year at $168. Nicholas Cauley, an analyst at Third Bridge, said pressure on household budgets was likely to result in consumers choosing more affordable accommodation, leading to a decline in average daily rates in future quarters. "Some of the pressures that we're seeing there on overall revenue growth has frankly just been some of the elevated (average daily) rates," Airbnb Chief Financial Officer David Stephenson told investors. The company said earlier this year that average daily rates would remain pressured as vacationers returned to lower-cost urban rentals.

☆ Inflation isn't dampening people's desire to travel — but travel companies may be missing a trick
▼ + stars: | 2023-03-11 | by ( Karen Gilchrist | Chris Dwyer | ) www.cnbc.com time to read: +5 min

Inflation and higher living costs may be weighing on consumers' wallets, but there's one area where many are unwilling to cut back: their desire to travel. The number of people willing to fork out more on travel could be even higher, as costs rise. Inflation and higher living costs may be weighing on consumers' wallets, but many are unwilling to cut back on travel. Jackyenjoyphotography | Moment | Getty ImagesThe disconnect could mean travel companies might fail to provide consumers with the deals they're looking for. The United Nations World Tourism Organization said that it expects the global tourism market to recover 80% to 95% of pre-pandemic levels this year.

Feb 9 (Reuters) - Online travel booking company Expedia Group Inc (EXPE.O) missed Wall Street estimates for fourth-quarter profit on Thursday, hit by a spike in cancellations and bad weather near the end of the quarter. Travel demand has generally been strong throughout last year despite recession and inflation fears. Expedia posted revenue of $2.62 billion, missing Wall Street estimates of $2.7 billion. The company's quarterly adjusted profit was $1.26 per share, short of analysts' expectations of $1.67 per share, according to Refinitiv data. "They said last quarter that they're seeing evidence that they're getting better marketing ROI-wise, but it's not coming through in the numbers for us," he added.

☆ Expedia profit misses as severe weather weighs on holiday quarter, shares fall
▼ + stars: | 2023-02-09 | by ( ) www.reuters.com time to read: +1 min

Feb 9 (Reuters) - Online travel booking company Expedia Group Inc (EXPE.O) missed Wall Street estimates for fourth-quarter profit on Thursday, as severe weather conditions toward the end of the year hurt its business despite strong travel demand. "While our Q4 results were negatively impacted by severe weather, demand was otherwise strong and accelerating," Expedia Chief Executive Officer Peter Kern said in the company's earnings release. Expedia reported fourth-quarter adjusted profit of $1.26 per share for the quarter ended Dec. 31, short of estimates of $1.67 per share, according to Refinitiv data. Expedia's revenue of $2.62 billion missed Street estimates of $2.7 billion. Meanwhile, the Seattle-based company reported $20.5 billion in total gross bookings across its travel products including lodging and flights, up 17% a year prior.

☆ Uber’s CEO almost said no to the job—then Spotify’s CEO convinced him to take it
▼ + stars: | 2023-01-28 | by ( Morgan Smith | ) www.cnbc.com time to read: +3 min

When Uber first approached now-CEO Dara Khosrowshahi about leading the company, he ignored the call. It was 2017, and the rideshare app was going through a "historically difficult time," Khosrowshahi told LinkedIn CEO Ryan Roslansky in a recent interview. He was entering his twelfth year as Expedia's CEO, and still "having a great time," he told Roslansky. He was prepared to call Uber's board of directors and take himself out of the running for CEO — until one conversation with a friend changed his mind. The following morning, Khosrowshahi called the head hunter back — and in August 2017, he was announced as Uber's new CEO, after a unanimous vote from the board.

☆ Bank of America downgrades Booking Holdings, says there's more upside for this other travel stock
▼ + stars: | 2023-01-25 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

It's time to look elsewhere in the travel sector after Booking Holdings ' recent gains, according to Bank of America. Analyst Justin Post downgraded the stock to neutral from buy, saying there's less upside after Booking's recent outperformance. The travel stock outperformed the S & P 500 , which rose more than 4% over the same time period. He lifted his booking estimates for Booking, Expedia and Airbnb above Street consensus. The company has focused on building customer loyalty with its app and Post expects that will help it going forward.

☆ This is the No. 1 career mistake young people make 'all the time,' says Uber's CEO—how to avoid it
▼ + stars: | 2023-01-19 | by ( Morgan Smith | ) www.cnbc.com time to read: +2 min

While some people might argue that the secret to success lies in creating a detailed, linear path to your ultimate career goal, Uber CEO Dara Khosrowshahi says over-planning isn't just ineffective — it can torpedo your chances of building a fulfilling career. "Don't over-plan your career … I see young people make this mistake all the time," Khosrowshahi told LinkedIn CEO Ryan Roslansky in a new interview published Thursday. "I've never been in a hurry in my career, because if you're open, and you really want to hone your craft, it's so much more satisfying [to take your time]." "People talk about financial compounding — there's a career compounding that's magical. Here's how to pick them and stick to themSign up now: Get smarter about your money and career with our weekly newsletter

☆ Expedia CEO says travel will remain strong next summer
▼ + stars: | 2022-11-04 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExpedia CEO says travel will remain strong next summerPeter Kern, Expedia CEO, joins 'TechCheck' to discuss travel demand strength, Expedia's earnings miss, and Airbnb's model for hospitality as an influence for other loyalty programs.

In this article EXPE Follow your favorite stocks CREATE FREE ACCOUNTTravelers headed to Hong Kong no longer need to quarantine in a hotel upon arrival. The news came the day after Hong Kong lost its No. Expedia's search data for accommodations in Hong Kong increased 50% over the weekend, compared to the week before the announcement. Pang Yiu-kai, chairman of the Hong Kong Tourism Board, acknowledged on Tuesday that the eased rules are "expected to initially attract mainly business travelers, family visitors and returning Hong Kong residents." The easing of Covid-19 measures in Hong Kong spurred hope among residents of China that they could soon see relaxed rules as well.

☆ Watch the full interview with Expedia CEO Peter Kern
▼ + stars: | 2022-09-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch the full interview with Expedia CEO Peter Kern"People are traveling like crazy," Kern said, speaking with Jim Cramer, who was in Expedia's home city of Seattle for "Mad Money."

☆ These companies are still flexing pricing power amid strong consumer demand
▼ + stars: | 2022-08-05 | by ( Robert Hum | ) www.cnbc.com time to read: +2 min

Despite this, there are some firms – like most (but not all) travel companies – that are still exhibiting strong pricing power. Net income rose to $166 million, or 58 cents per share, from $67 million, or 27 cents per share, a year ago. Excluding items, Goodyear earned 46 cents per share, while analysts surveyed by Refinitiv had predicted a profit of 36 cents per share. Expedia – like all travel companies – is reaping the benefits of pent-up vacation demand. In the first quarter, rates were only up 4% year over year, too.

☆ The No. 1 city in the world to travel and work remotely is in the US—and it isn't New York or LA
▼ + stars: | 2022-06-24 | by ( Jennifer Liu | ) www.cnbc.com time to read: +3 min

1 global city to take a working vacation. It comes out on top of 115 global cities in the ranking, which were chosen because of their prominence in the tourist industry and availability of "slow" travel options. Here are the top 10 best global cities to take a working vacation, according to Icelandair. While remote work makes it easier than ever to take a working vacation, a lot of people are coming back from these "breaks" more burned out than when they left. Some 61% of Americans who took a working vacation in the last year didn't consider them to be "true" vacations, according to Expedia's latest Vacation Deprivation study of 14,500 working adults across 16 countries.

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