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- BusinessAssociated Press
Airbnb shares slide on lower revenue forecast despite a doubling of net income
Airbnb's profit more than doubled last quarter, but management's disappointing revenue forecast sparked a roughly 7% drop fort its stock in after-market trading Wednesday. Earnings growth was partly driven by a shift in the Easter holiday, which fell during the second quarter in 2023 versus the first quarter this year. Airbnb projected revenue in the second quarter between $2.68 billion and $2.74 billion.
1 min read - LifestyleUSA TODAY
Kittens or kits? Arizona resident mistakes foxes for cats, 'kit-naps' them
Two grey kits are getting the care they need to return to the wild after they were found and mistaken for kittens by a Phoenix resident in late April.
4 min read - BusinessExec Edge
A.K.A Brands U.S. Net Sales Grew 6% in First Quarter
By Daniella Parra a.k.a. Brands Holding Corp. (NYSE: AKA), a company that accelerates fashion brands, said U.S. net sales increased 6.2% compared to the first quarter. Adjusted EBITDA was $0.9 million in the first quarter, compared to $2.2 million and net sales decreased 3.0% to $116.8 million, driven by a decline in the average order […]
1 min read - BusinessNBC News
FTX customers may get their money back, but no gains from crypto price increases
Some customers of the failed cryptocurrency exchange FTX could receive the full value of the money they lost if a court approves the company's bankruptcy plan.
3 min read - USNY Daily News
State Sen. Zellnor Myrie launches committee for possible NYC mayoral run against Adams
NEW YORK — State Sen. Zellnor Myrie announced Wednesday he’s opening a campaign committee to raise money for a possible mayoral run, making him the second potential challenger against Mayor Eric Adams in the 2025 battle for City Hall. Myrie, a progressive Democrat who represents the same swath of central Brooklyn once led by Adams in his state Senate days, said Wednesday that voters are tired ...
3 min read - BusinessSimply Wall St.
Koonenberry Gold Reaches AU$4.6m Market Cap Benefiting Insider Stock Buying
Koonenberry Gold Limited ( ASX:KNB ) insiders who purchased shares in the last 12 months were richly rewarded last...
3 min read - BusinessReuters
Mexico's Megacable, Nokia announce successful data transmission test in connectivity plan
Mexican telecommunications company Megacable said on Wednesday it executed a successful long-distance optical transmission test with Finnish telecom equipment supplier Nokia as it aims to scale up the capacity of its network. The transmission test reached 1.1 Terabits per second (Tbps), Megacable said in a news release, calling it "the first optical channel of this capacity to be implemented in an active network of a single operator in Latin America." Megacable, which provides pay TV, internet
1 min read
