Stock Movers

Lyft Pops on Earnings; Travel Decline Sinks Expedia; Pinterest Rises


Listen Later

On this episode of Stock Movers:
- Lyft (LYFT) is moving to the upside after reporting better-than-expected gross bookings of $4.16 billion in the first quarter, with rides increasing 16% from a year earlier to 218.4 million. Goldman Sachs analyst Eric Sheridan also upgraded the stock to Buy from Neutral.
- Expedia (EXPE) is down this morning after cutting its full-year outlook for gross bookings and revenue due to weaker-than-expected domestic and inbound travel demand in the US at the start of the year. The company now expects gross bookings and revenue to grow 2% to 4% in 2025, down from its previous projection of 4% to 6% growth.
- Pinterest (PINS) shares are higher after second-quarter revenue guidance topped estimates at the midpoint, easing concerns of an advertising slowdown. The company's efforts to use artificial intelligence to boost growth are paying off, with revenue for the second quarter expected to be $960 million to $980 million.
- Affirm Holdings (AFRM) is sliding this morning after the midpoint of the buy now, pay later company’s revenue forecast for the current quarter trailed Wall Street expectations.

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

Stock MoversBy iHeartPodcasts

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

19 ratings


More shows like Stock Movers

View all
Bloomberg Intelligence by Bloomberg

Bloomberg Intelligence

406 Listeners

Bloomberg Surveillance by Bloomberg

Bloomberg Surveillance

1,173 Listeners

Masters in Business by Bloomberg

Masters in Business

2,175 Listeners

Odd Lots by Bloomberg

Odd Lots

1,993 Listeners

Bloomberg Businessweek by Bloomberg

Bloomberg Businessweek

427 Listeners

Wall Street Breakfast by Seeking Alpha

Wall Street Breakfast

1,044 Listeners

Thoughts on the Market by Morgan Stanley

Thoughts on the Market

1,320 Listeners

Here's Why by Bloomberg

Here's Why

65 Listeners

Wall Street Week by Bloomberg

Wall Street Week

64 Listeners

The Big Take by Bloomberg

The Big Take

155 Listeners

Bloomberg Daybreak: US Edition by Bloomberg

Bloomberg Daybreak: US Edition

87 Listeners

The Markets by Goldman Sachs

The Markets

80 Listeners

Bloomberg News Now by Bloomberg

Bloomberg News Now

81 Listeners

Bloomberg Daybreak: Asia Edition by Bloomberg

Bloomberg Daybreak: Asia Edition

9 Listeners

Bloomberg Daybreak: Europe Edition by Bloomberg

Bloomberg Daybreak: Europe Edition

11 Listeners