Market Analysis
Uber Reportedly Considered Acquiring Expedia, Stocks React in Pre-Market
Uber reportedly explored a potential acquisition of Expedia, which could significantly expand its reach in the travel industry.
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BTC$62,769.00-0.20%
ETH$1,795.23+0.98%
USDT$0.9988-0.02%
USDC$0.9999+0.01%
XRP$1.07-0.75%
SOL$75.21-1.19%
TRX$0.3248-0.76%
FIGR_HELOC$1.03+1.91%
HYPE$63.84-1.72%
DOGE$0.0721-0.02%
USDS$0.9999+0.02%
RAIN$0.0142-1.58%
LEO$9.55+0.30%
ZEC$507.33-1.11%
WBT$55.10+0.04%
Despite beating earnings expectations, Expedia's shares tumbled as gross bookings missed analyst projections.
Uber reportedly explored a potential acquisition of Expedia, which could significantly expand its reach in the travel industry.
Nvidia is rising despite chip delay concerns, Starbucks has gained a new activist investor, and Expedia is facing challenges from weak travel demand.
Expedia Group's shares fell in extended trading despite posting a beat on adjusted EPS, as gross bookings and operating income fell short of some analyst forecasts.