Stock Movers Zions Bancorp Tops Estimates, Airbnb Higher, Adidas Rises on Retro Demand
Oct 21, 2025
Zions Bancorp surprised investors by posting profits above estimates, even after a $50 million fraud loss. Airbnb's CEO revealed they haven't integrated with ChatGPT yet, citing readiness issues with the technology. Meanwhile, Adidas raised its earnings forecast due to skyrocketing demand for retro sneakers like the Gazelle, despite facing US tariffs. The discussion highlights the resilience in the financial sector and the evolving landscape of tech integration in travel.
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Zions Earnings Reassure Credit Markets
- Zions Bancorp's profit beat estimates despite a $50 million alleged fraud loss, calming credit concerns among investors.
- The bank's solid earnings suggest recent regional bank loan problems may be isolated rather than systemic.
Airbnb Says AI Integration Is Premature
- Airbnb's Brian Chesky said the company hasn't integrated with OpenAI's ChatGPT because the platform's connective tools "aren't quite ready".
- Chesky will monitor developments and may consider a future tie-up despite his friendship with Sam Altman.
Adidas Boosts Forecast On Retro Sneaker Demand
- Adidas raised its full-year operating profit forecast to about €2 billion on strong demand for retro models like the Gazelle.
- The company also expects roughly 9% currency-neutral sales growth and has taken steps to offset U.S. tariffs.