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Morning Briefing: Airbnb revenue nearly quadrupled in second quarter

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Moomoo Breakfast US wrote a column · Aug 13, 2021 05:07
Morning Briefing: Airbnb revenue nearly quadrupled in second quarter
By Julianna
Hey, moomooers! Here are things you need to know before the opening bell:

- Stock futures held steady in early morning trading on Friday as the S&P 500 seeks to end a winning week on a high note.

- Airbnb, the home-sharing giant projected record revenue in second quarter despite the impact of travel restrictions on bookings and cancellations.

Market Snapshot
Stock futures held steady in early morning trading on Friday as the S&P 500 seeks to end a winning week on a high note.
Futures on the $Dow Jones Industrial Average(.DJI.US)$ rose 51 points. $S&P 500 index(.SPX.US)$ futures and $NASDAQ 100 Index(.NDX.US)$ futures both hovered above the flatline.
Source: Bloomberg
Source: Bloomberg
Top News
Home prices jumped across the U.S.
Prices surged in almost every corner of the U.S. in the second quarter as robust demand continued to overwhelm the supply of homes for sale.
Global ETF assets hit $9 trillion
Investors poured $705 billion into exchange-traded funds through the first seven months of the year, pushing 2021's world-wide tally to a record $9.1 trillion.
U.S. jobless claims fell to 375,000 last week
New applications for jobless benefits declined last week, indicating a healing labor market despite the uncertainty caused by the latest surge in coronavirus cases due to the Delta variant, economists say.
Coffee jolt gets pricier as costs rise
Cafes and retailers lift prices, as Starbucks and Nestlé say they could follow suit, while others try to hold the line to capture more business.
BlackRock, others target climate issues and board seats in shareholder votes
Heavyweight investors were more willing to flex their muscles against companies in the past year, setting the stage for future showdowns over issues.
Frackers, shippers eye natural-gas leaks as climate change concerns mount
The top U.S. gas producer and exporter have teamed up to track the emissions from wells that feed major shipping terminals amid growing pressure from investors and customers.
Boeing's Starliner launch could face delay of several months
$Boeing(BA.US)$has spent years developing the Starliner and was supposed to launch it late last month to dock with the International Space Station.
DoorDash revenue climbs as consumers stick to food delivery
$DoorDash(DASH.US)$The food-delivery company continued to grow at a fast pace in the latest quarter even as restaurants reopened across the U.S.
Airbnb revenue nearly quadrupled in second quarter
$Airbnb(ABNB.US)$The home-sharing giant projected record revenue in second quarter despite the impact of travel restrictions on bookings and cancellations.
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Key Events This Week
Morning Briefing: Airbnb revenue nearly quadrupled in second quarter
Morning Briefing: Airbnb revenue nearly quadrupled in second quarter
Source: CNBC, Dow Jones Newswires, Bloomberg
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