Reported about 3 hours ago
The latest earnings season is showing positive results, highlighted by a 5% rise in Airbnb's stock due to increased international bookings, while Duolingo's stock plummeted following a disappointing fourth-quarter bookings forecast despite a revenue beat. Opendoor's new CEO laid out a turnaround strategy, promising a path to profitability despite a wider-than-expected loss. Companies like Block and Sweetgreen saw significant declines in their stock after missing earnings expectations, whereas Snap's stock surged on a new partnership and strong revenue growth.
Source: YAHOO