Expedia Soars on Strong Q3 Results, Raises 2025 Revenue Outlook
Expedia (EXPE) beats Q3 profit estimates with 26% B2B growth and raises 2025 revenue forecast to 6-7%. Shares surge 14% on strong travel demand across business and consumer segments.
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Airbnb Beats Expectations with Strong Holiday Quarter Outlook Driven by "Pay Later" Feature
Airbnb exceeds Q4 revenue forecasts with $2.66-$2.72B outlook as US travelers embrace new "reserve now, pay later" option for advance holiday bookings.
Aquarian Capital to Take Brighthouse Financial Private in $4.1 Billion Deal
Abu Dhabi-backed Aquarian Capital will acquire Brighthouse Financial for $4.1 billion in cash, expanding Middle Eastern investment in U.S. financial services.
Tapestry Raises Annual Targets but Warns of Soft Holiday Quarter
Tapestry lifted its full-year outlook after a strong quarter driven by Gen Z’s love for Coach handbags but forecast lower holiday earnings amid tariff pressures and cautious spending.
CarMax Shakes Up Leadership Amid Steep Sales Drop
The nation's largest used car seller, CarMax, is replacing CEO Bill Nash following disappointing financial performance and weak sales forecasts for the third quarter.
Meta Earns Billions from Scam Ads, Internal Documents Reveal
Leaked documents show Meta made up to 10% of its 2024 revenue — about $16 billion — from scam and banned ads, despite knowing the risks.