American Express Expands Dining Network with $700 Million TheFork Acquisition
The deal expands Amex’s dining network to 75,000 venues across Europe and strengthens its presence in the region.
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TripAdvisor Stock Gets BofA Upgrade: Activists + Big Hidden Value
BofA upgrades TripAdvisor to Buy and raises price target to $15.
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.
Tripadvisor Faces a Major Shake-Up: Activist Investor Starboard Wants Big Changes
Activist investor Starboard Value, holding over 9% of Tripadvisor, is pushing to overhaul the company's board by nominating a majority of new directors. This comes as the stock has dropped sharply amid weak earnings and AI worries.
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.