WEBVTT - Airbnb Gains, Coinbase Jumps, Expedia Sinks on AI Worries 

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio News.

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<v Speaker 2>The Stock Movers Report, your roundup of companies making moves

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<v Speaker 2>in the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 2>Let's take a look at some of the stocks on

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<v Speaker 2>the move today. We can do that with Bloomberg.

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<v Speaker 1>Christina Kino, Christine, what are you looking at today? Let's

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<v Speaker 1>take a look at Airbnb today, Paul so ticker ABMV.

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<v Speaker 1>Those are just having a great day of more than

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<v Speaker 1>five percent. That is because we did get their latest earnings,

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<v Speaker 1>first quarter revenue forecast exceeding the average analyst estimates and

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<v Speaker 1>stroll fourth quarter bookings as well. The company citing growing

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<v Speaker 1>travel demands and adoption of its new flexible payment and

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<v Speaker 1>booking options, So that is their book now, pay later service,

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<v Speaker 1>and that is a feature that will definitely aid growth

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<v Speaker 1>in room nights. According to Bloomberg Intelligence. Analysts are also

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<v Speaker 1>saying that the company's ability to maintain direct traffic with

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<v Speaker 1>consumers remains key to its profitability. Though they did see

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<v Speaker 1>a fifty basis point decline in take rate, which may

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<v Speaker 1>create a drag on EBITDA in a near term, but

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<v Speaker 1>overall it's looking kind of rosy.

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<v Speaker 2>All right, next on your list.

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<v Speaker 1>Let's take a look at coinbase as well as Scarlett's

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<v Speaker 1>so coinbased ticker COI, and those shares also doing really

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<v Speaker 1>well today, up eleven percent or nearly eleven percent on

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<v Speaker 1>the day, which is weird because theirs results did not

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<v Speaker 1>look all that good, right, fourth quarter revenue missing estimates,

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<v Speaker 1>but the company did really focus on optimism that the

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<v Speaker 1>legislation for crypto market structure will be passed soon. And

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<v Speaker 1>JP Morgan analysts are noting that perhaps a lot of

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<v Speaker 1>the results and not being so great is being discounted

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<v Speaker 1>because we did see weak crypto pricing and activity in

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<v Speaker 1>the fourth quarter, and so it's expected that would weigh

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<v Speaker 1>on results. And the company's philosophy to invest through the

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<v Speaker 1>cycle with elevated operating expenses also drag. But a lot

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<v Speaker 1>of fate that they're putting on this legislation being passed soon.

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<v Speaker 1>Mike make a Bitcoin up three point eight percent to

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<v Speaker 1>sixty eight thousand dollars per token there.

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<v Speaker 2>How about Expedia, Yeah, Xpedia.

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<v Speaker 1>So chicker exp that is one travel stock that is

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<v Speaker 1>not doing well today. Paul, so those chairs down more

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<v Speaker 1>than five percent. We did get results from them. They

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<v Speaker 1>reported a fastest fourth quarter revenue growth in three years,

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<v Speaker 1>first quarter sales and grows, bookings above Wall Street estimates

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<v Speaker 1>as well, but a lot of questions over the impact

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<v Speaker 1>of AI on their business. We know the XPO, of course,

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<v Speaker 1>has been one of the stocks drag this week because

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<v Speaker 1>of worries that agentic AI will cause disruption in their

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<v Speaker 1>industries and counter Fitzgerald analyst saying that they're going to

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<v Speaker 1>maintain their neutral rating until they gain confidence on Expediace

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<v Speaker 1>AI strategy.

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