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Uber discussed Expedia bid in early talks: report

Expedia shares soared Thursday after news that Uber has reportedly discussed a proposed acquisition of the travel booking giant. Expedia stock rose as much as 8.4% Wednesday night. First reported by the Financial Times Potential bid amount. Expedia shares rose 3.8% Thursday morning. Talks are in the early stages and Uber has not formally approached […]

Expedia slashing 1,500 jobs after bleak travel demand forecast and CEO exit

Online travel platform Expedia said Monday it will cut about 1,500 jobs, or about 9% of its workforce, worldwide as part of an “organizational and technological transformation.” The reorganization comes after Expedia earlier this month warned that falling ticket prices would slow its revenue in 2024 and announced that CEO Peter Kahn would step down. […]

Expedia to cut 8% of workforce in restructuring effort

Zuma Global president Heather Zumarraga has responded to a recent report on the Big Money Show that revealed the technology company will cut 32,500 jobs in 2024. expedia group announced Monday that it will cut about 1,500 jobs, or about 8% of its workforce, as part of its latest restructuring efforts. of travel technology The […]

Travel Platform Expedia To Cut 1,500 Jobs In Latest Restructuring

As of December 31, 2023, Expedia had 17,100 employees in over 50 countries Online travel platform Expedia announced Monday that it will cut about 1,500 jobs as part of its latest restructuring. As of December 31, 2023, the company had 17,100 employees located in more than 50 countries. Expedia said total pre-tax costs and cash […]

Expedia shares sink after 2024 revenue warning on softening air fares

Peter McNally, Head of Global Analyst at Third Bridge, joins Morning with Maria to break down airline earnings and reveal the top Big Tech stocks. Expedia Group shares rose on Friday after the online travel company said it expects revenue growth to moderate in 2024 as airfares soften from post-pandemic highs. The closing price fell […]

Stocks making the biggest moves midday: Pinterest, Cloudflare, PepsiCo, Expedia and more – CNBC

Check out the companies that are trending in intraday trading. Pinterest — Shares fell about 11% after the image-sharing company issued a weaker-than-expected outlook for first-quarter earnings. Late Thursday, Pinterest announced fourth-quarter revenue that disappointed Wall Street but beat profits, according to LSEG. CleanSpark – The Bitcoin miner soared 37% on Thursday after announcing better-than-expected […]

Applied Materials, Gap, ChargePoint, Ross Stores, Expedia, and More Stock Market Movers – Barron's

Applied Materials (AMAT) reported fourth-quarter earnings and revenue that beat analysts’ expectations, but its stock fell after reports detailing the U.S. Department of Justice’s investigation into the semiconductor maker. did. According to Reuters, Applied Materials is under criminal investigation by the Department of Justice for allegedly sending its equipment to a Chinese company without obtaining […]