Dell Gains on Trump Praise, Airbnb Rallies, DraftKings Profit Beats
About this episode
This episode discusses the biggest stock market winners and losers, focusing on Dell, Airbnb, and DraftKings.
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Dell (DELL) shares gained after President Trump praised the company and its founder, Michael Dell, for his contributions to Trump accounts. “Go out and buy a Dell. They’re great,” President Trump said at a Mother's Day event earlier on Friday at the White House. - Airbnb (ABNB) boosted its annual forecast on robust bookings in the major markets in the Americas, while it posted a big jump in spending as part of an effort to diversify the business. The short-term rental company said it expects annual revenue growth to “accelerate to low- to mid-teens.” In February, Airbnb told investors it anticipated annual sales would gain “at least low double digits.” Analysts, on average, projected a 12% jump, according to data compiled by Bloomberg. The shares rose about 1% Friday morning in New York following the news. The stock has gained about 4.3% this year, compared with a 7.9% increase in the S&P 500 Index. - DraftKings (DKNG) reported revenue that rose 17% to $1.65 billion, slightly ahead of analysts’ estimates for $1.63 billion and said it…
Topics covered
- stock market
- business news
- company performance
- financial analysis
- investing
Keywords
- Dell
- Airbnb
- DraftKings
- stock market
- financial news
- investing
- Trump praise
Mentioned in this episode
Organizations: Dell, Airbnb, DraftKings
Places: White House
More episodes of Stock Movers
- Weekly Roundup: Intel Jumps, Zoetis Plummets, Datadog Soars
- Closing Bell: Intel Jumps, Monster Beverage Gains, CoreWeave Drops
- Expedia Drops, Akami Technologies Soars, Monster Beverage Gains as Earnings Beat Estimates
- Block Jumps, Progyny Gains, Expedia Tumbles as Full Year Guidance Left Unchanged
- Cloudflare and Coinbase Drop; Wendy's Beat
- Cloudflare and CoreWeave Slip; IREN-Nvidia Partnership
Explore listener stats, chart rankings, contacts and more on the Stock Movers podcast page.