Booking Holdings boosts forecast as travel demand defies weak economy

Booking Holdings boosts forecast as travel demand defies weak economy

Aug 3 (Reuters) – Booking Holdings (BKNG.O) on Thursday raised its forecast for third-quarter gross bookings as pent-up demand for travel outweighed rising costs and concerns around an uncertain economy, sending its shares up 10.25% in extended trading. It now expects gross bookings, which refers to the total dollar value of all travel services booked … Read more

Wall Street closes near flat as Treasury yields surge

Wall Street closes near flat as Treasury yields surge

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) Amazon surges in extended trade after results Gloomy Spirit, Expedia results drag travel stocks lower PayPal drops after weak Q2 margins Qualcomm tumbles on signaling more pain from smartphone slump Aug 3 (Reuters) – U.S. … Read more

Fitch downgrade highlights investor worries about US fiscal picture

Fitch downgrade highlights investor worries about US fiscal picture

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 26, 2023. REUTERS/Brendan McDermid/File Photo Aug 2 (Reuters) – Fitch’s downgrade of the U.S. credit rating is likely to exacerbate unease about the country’s debt position, political polarization and the global standing of the U.S. dollar, investors … Read more

Wall Street ends down, investors step back after Fitch US rating cut

Wall Street ends down, investors step back after Fitch US rating cut

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2023. REUTERS/Brendan McDermid/File Photo Fitch cuts US credit rating to AA+ Wells Fargo slides on plan to help refill FDIC coffers U.S. private payrolls beat expectations in July, ADP says Indexes down: Dow 0.98%, S&P 1.38%, … Read more

Meta prepares AI-powered chatbots in attempt to retain users – FT

Meta prepares AI-powered chatbots in attempt to retain users – FT

Aug 1 (Reuters) – Meta Platforms (META.O) is preparing to launch a range of artificial intelligence (AI) powered chatbots that exhibit different personalities as soon as September, the Financial Times reported on Tuesday. Meta has been designing prototypes for chatbots that can have humanlike discussions with its users, as the company attempts to boost its … Read more

Elon Musk dit que l’oiseau bleu de Twitter sera remplacé par un X

Elon Musk dit que l’oiseau bleu de Twitter sera remplacé par un X

23 juillet (Reuters) – Le propriétaire de Twitter Inc, Elon Musk, a indiqué dimanche qu’il ferait plus pour pousser la société de médias sociaux dans une nouvelle direction avec un changement de marque qui remplacera son logo d’oiseau bleu familier par un X après avoir reconnu que les annonceurs ont mis du temps à revenir. … Read more