Airbnb shares slump 14% as weak forecast signals slowing travel demandAirbnb Chief Financial Officer Elinor Mertz said on a call with analysts on Tuesday that softness in long booking lead times was a big fact...
07 Aug, 2024, 07.35 PM IST
Airbnb slumps over 6% as gloomy Q2 forecast fans slowdown fearsAirbnb shares tumbled more than 6% in early trading on Thursday after weak forecasts for the second quarter stoked investor fears about slo...
09 May, 2024, 08.15 PM IST
Airbnb forecasts fewer bookings, lower prices in Q2; shares slumpThe company's gross booking value increased 19% to $20.4 billion in the first quarter from a year earlier, in line with a 19% increase in n...
10 May, 2023, 08.52 AM IST
Wall Street slips as strong retail sales data fuels rate worriesThe Dow Jones Industrial Average fell 80.64 points, or 0.24%, at the open to 34,008.63
15 Feb, 2023, 10.20 PM IST
Half machine, half artist – meet DALL-E 2DALL-E 2 (a mishmash of WALL-E and Dali) builds on the success of its predecessor DALL-E, which OpenAI unveiled in early 2021, and improves...
07 May, 2022, 08.00 AM IST
New direct listings won't spell the death of IPOsThe financial regulator greenlighted the New York Stock Exchange's request last week to allow companies to raise money in stock market debu...
28 Dec, 2020, 07.56 PM IST
Airbnb reaches $47 billion value in above-range IPOAirbnb and its investors sold about 52 million shares Wednesday for $68 each after marketing them for $56 to $60 each.
11 Dec, 2020, 06.21 AM IST
Blockbuster IPO market still calls for cautious approachIPOs slowed sharply in the spring due to the pandemic, but they surged in the summer as the market recovered from a steep slump and rallied...
10 Dec, 2020, 01.40 PM IST
Airbnb IPO filing shows third-quarter earnings beating virus with cost cuts, new focusThe filing, published ahead of Airbnb's anticipated stock market debut in December, showed a dramatic recovery in its fortunes, after the c...
17 Nov, 2020, 08.12 AM IST
How sharing economy companies are reinventing to survive the Covid crisisCab companies are selling self-drive options instead of car pools. Some are expanding services from transporting passengers to moving packa...
25 Jun, 2020, 02.27 PM IST
Lower valuation, changed consumer preferences, Covid-19 has changed the Private Equity playbookThe Indian startup ecosystem is in turmoil due to disruption in the investment activities. The impact of Covid-19 on the PE space led to a ...
20 Jun, 2020, 12.27 PM IST
SoftBank-backed Oyo lays off thousands across India, ChinaSoftBank-backed Oyo plans to shed another 1,200 in India over the next three to four months, sources said.
11 Jan, 2020, 12.45 PM IST
Co-living bucks realty slump as firms, investors troop inIndia’s residential real estate market is facing its most prolonged slump in recent memory, but one segment, co-living, is having a moment,...
11 Dec, 2019, 12.20 PM IST
'Nothing safer than cash': Tech rout puts Silicon Valley on edgeHe said he’s pulled 80 percent of the money he had in public markets and 60 percent of what he had in private markets. It’s all parked in c...
20 Nov, 2018, 03.30 PM IST
Who moved my market on WednesdayIn this space, we track the elite 30 from the Sensex pack, 50 from the nimble Nifty LIVE, and showcases the newsmakers and top market mover...
17 Feb, 2016, 03.42 PM IST
10 things in tech you need to know todayTech enthusiasts alert: Here's the news that will excite you this week.
10 Aug, 2015, 01.21 PM IST