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Matthew Weiss ... (+2)
  • Matthew Weiss
  • Scott Devitt

2Q25 Postmortem: Sentiment Guide Following Results

Following 2Q results, momentum seems most favorable for the companies below:META (Outperform) - While sentiment was already elevated ahead of the print, 2Q results were strong and guidance for 3Q was encouraging, with expectations for revenue growth ahead of initial St. estimates by ~700bps. Additi

Matthew Weiss ... (+2)
  • Matthew Weiss
  • Scott Devitt

Travel Getting Toppy; Neutral, $130 PT

Figure 1. 2Q25 ResultsSource: Company reports, Wedbush estimates, FactSet consensusAirbnb reported strong 2Q results and provided an in-line outlook for 3Q. Nights and Experiences booked growth in 2Q of +7.4% Y/Y was ~80bps above Street estimates. Revenue and adj. EBITDA were ahead of estimates by

Matthew Weiss ... (+2)
  • Matthew Weiss
  • Scott Devitt

Downgrading To Neutral; Just Don't See Upside, $5,900 PT

Figure 1. 2Q25 ResultsSources: Company reports, Wedbush estimates, FactSet consensusGuidance: Gross Bookings growth of +10%to +12% Y/Y; Room Nights growth of +4% to +6%Y/Y; Adj. EBITDA of $2.15mm to $2.2mm.2Q results were ahead of expectations. Gross bookings of $46.7B (+12.8% Y/Y) in the quarter w

Matthew Weiss ... (+2)
  • Matthew Weiss
  • Scott Devitt

Now Arriving: July '25 Online Travel Trends

Key Findings:US hotel RevPAR growth has averaged -0.4% Y/Y in 2Q, from +2% Y/Y in 1Q and +4% Y/Y in 4Q24. Growth fell ~1% Y/Y in June after flat Y/Y growth (~0%) in both May and April. Trends are slightly more positive on a 2-year stacked basis, with RevPAR growth averaging +1% Y/Y in 2Q, consisten

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Moody's Ratings assigns A3 ratings to Booking's new senior unsecured n...

Moody's Ratings (Moody's) assigned an A3 rating to new senior unsecured notes to be issued at Booking Holdings Inc. (Booking or the Company). Booking's existing A3 senior unsecured notes ratings and (P)A3 senior unsecured shelf ratings are unaffected by the proposed transaction. The outlook remains ...

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