Airbnb (NASDAQ:ABNB) posted mixed Q1 results, with adjusted EBITDA beating estimates and revenue at the top of its guidance. Analysts noted strong international demand, especially in Latin America and APAC, offsetting softer U.S. bookings. The company reaffirmed its 2025 EBITDA margin target and plans a major product update, including the relaunch of Experiences, on May 13 to fuel long-term growth.
U.S. stocks advanced across the board by midday Friday, with the S&P 500 eyeing its ninth consecutive day of gains—poised for the longest winning streak since May 2024.
After the closing bell on Thursday, let's take a glimpse of the US markets and explore the top S&P500 gainers and losers in today's after-hours session.
Online accommodations platform Airbnb (NASDAQ:ABNB) reported Q1 CY2025 results beating Wall Street’s revenue expectations, with sales up 6.1% year on year to $2.27 billion. On the other hand, next quarter’s revenue guidance of $3.02 billion was less impressive, coming in 0.6% below analysts’ estimates. Its GAAP profit of $0.24 per share was in line with analysts’ consensus estimates.
Wall Street pushed higher in midday trading, with the S&P 500 on track for its eighth consecutive gain — its longest winning streak since November 2023. The index rose about 1% to 5,560, fully recovering the losses sustained after former President Donald Trump announced trade tariffs on April 2.
The regular session of the US market on Tuesday is now over, but let's get a preview of the after-hours session and explore the top S&P500 gainers and losers driving the post-market movements.
