Stock Movers Lyft Pops on Earnings; Travel Decline Sinks Expedia; Pinterest Rises
5 snips
May 9, 2025 Lyft shows impressive growth with a significant increase in bookings, buoyed by a stock upgrade from Goldman Sachs. Meanwhile, Expedia faces a downturn, adjusting its revenue outlook due to lagging travel demand. Pinterest experiences a surge in shares, attributed to strong revenue predictions and successful AI strategies. The podcast also delves into the rivalry between Lyft and Uber, while examining challenges faced by the buy now, pay later sector with Affirm's lukewarm forecast.
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Pinterest's AI-driven Ad Edge
- Pinterest leverages AI to personalize user experience and predict ad trends.
- This gives advertisers an early advantage before trends appear in purchasing data.
Kentucky Derby Travel Plans
- Paul and Lisa plan to book a Kentucky Derby trip soon.
- They look forward to experiencing the event with its iconic pastels and hats.
Expedia Hurt by Travel Demand Drop
- Expedia faces a travel decline, mainly from the U.S. domestic and inbound markets.
- Canadian inbound bookings dropped nearly 30%, impacting overall inbound bookings negatively.