Diamonds and Dogs
11/8/24
Tesla (TSLA) is up 9% today and up 30% for the week as founder and CEO Elon Musk campaigned for President Trump. The automaker's market cap surpassed the $1 trillion mark today.
Airbnb (ABNB) reverses course, falling 8% following earnings last night. Airbnb reported third-quarter revenue up 10% from a year earlier to $3.73 billion, driven by the growth of nights stayed on the platform. Gross booking value in the period rose 10% to $20.1 billion, with nights and experiences booked rising 8%. Airbnb said it was seeing "strong demand trends" in the fourth quarter.
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