Expedia Stock Jumps to New 52-Week High as Analysts Raise Price Targets
Evercore lifts Expedia’s PT to $430 (from $375); Wedbush raises its target to $417 (from $334) following the Q2 earnings beat and raised guidance.
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Airbnb & Expedia Warn: Middle East Conflict is Hurting Travel Bookings
War in the Middle East is reducing travel bookings. Airbnb and Expedia see slower growth, cancellations rise, but US travel is recovering.
Amex Global Business Travel Sold to Long Lake
Long Lake is buying Amex GBT for $6.3B, boosting travel with AI. Shareholders get a big premium; brand stays unchanged.
Mizuho Ditches Airbnb for Booking Holdings as OpenAI Drops ChatGPT Checkout Plans
Mizuho upgrades Booking Holdings as its new top Internet stock pick over Airbnb, seeing a big relief rally after OpenAI drops direct shopping checkout in ChatGPT.
Google's AI Travel Tools Shake Up Online Travel Industry
Google launches AI-powered flight and hotel booking tools, causing stock drops for Booking Holdings, Expedia, TripAdvisor, and Airbnb as competition intensifies.
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.