Mollyfool joins chris hill and senior anles tim byers for a look at ar b and b's second quarter earnings. The company reported record bookings, but also announced plans to buy back two billion dollars worth of stock. Mollyfool: Why in god's name do you take two billion dollars off the balance sheet when you're generating real free cash flow?
Airbnb's record bookings in the 2nd quarter weren't enough to boost the stock higher. Why?
(0:25) Tim Beyers discusses: - Airbnb's highly questionable decision to allocate $2 billion for a share buyback plan - Match Group shares hitting a new low as the business clearly has work to do - MicroStrategy CEO Michael Saylor stepping down after the company reports an eye-popping loss of $94 a share
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(13:35) Ricky Mulvey talks with WSJ tech columnist Christopher Mims about Meta Platforms, Apple, and how companies are really using artificial intelligence.
Stocks discussed on the show: ABNB, MTCH, BMBL, MSTR, META, AAPL
Host: Chris Hill Guests: Tim Beyers, Christopher Mims Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
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