Tech stocks notch worst two-week stretch since the start of the pandemic

What started off as a third-quarter rebound has turned into a flop for tech investors. The Nasdaq Composite tumbled 5.1% this week after losing 5.5% the previous week. That marks the worst two-week stretch for the tech-heavy index since it plunged more than 20% in March 2020 at the start of the Covid-19 pandemic in … Read more

Figma growing inside Microsoft, testing longtime deal with Adobe

Dylan Field, co-founder and CEO of Figma, speaks at the startup’s Config conference in San Francisco on May 10, 2022. Figma Microsoft and Adobe have been friendly bedfellows for decades. Microsoft’s dominant PC operating system has been the gateway for Adobe to reach millions of business users with its design software. The companies’ CEOs even … Read more

‘Forget the past three years’

Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Zhang, a veteran Silicon Valley investor, recalls the exact moment the market for young startups peaked this year. The firehose of money from venture capital firms, hedge funds and wealthy families pouring into seed-stage companies was … Read more

Top analysts say buy stocks like Airbnb & Pinterest

The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019. Charles Platiau | Reuters Economic data and earnings reports have been dictating the pace of the market as investors search for hints on what the Federal Reserve may do next. July’s … Read more

Uber and Lyft stocks had their best week ever

Air travelers wait in the ride share lot near a sign for Uber at Los Angeles International Airport (LAX) on August 20, 2020 in Los Angeles, California. Mario Tama | Getty Images Shares of gig economy companies Uber, Lyft, DoorDash and Airbnb popped this week after the companies posted quarterly reports that showed strong demand. … Read more

These companies are still flexing pricing power amid strong consumer demand

If you haven’t heard a lot about pricing power this earnings season, there’s a good reason: There hasn’t been a lot of it to go around. Many of the companies that have opted to pass along higher costs to consumers in the form of price increases are seeing lower volumes. There are a number of … Read more

Amazon’s PR and policy chief Jay Carney leaves to join Airbnb

Senior Vice-President of Worldwide Corporate Affairs at Amazon James Carney speaks with EU officials on February 1, 2018 in Brussels, Belgium. Thierry Monasse | Corbis News | Getty Images Airbnb has tapped Jay Carney, Amazon’s top spokesperson, to serve as its new head of policy and communications. Carney will start at Airbnb in September, and … Read more

What Cramer is watching Thursday – big banks miss, market drops, inflation still hot

What I am looking at July 14, 2022 Another market decline based on the same thing? Seems reasonable. There will be an increase in food prices until the consumer trades down and that has not yet happened. Brent crude lowest since March, coming back to where it was before Russia’s war against Ukraine started as … Read more

Airbnb makes its party ban permanent

CEO, Co-Founder – Airbnb Brian Chesky attends The Cannes Lions 2016 on June 20, 2016 in Cannes, France. (Photo by Richard Bord / Getty Images) Richard Bord | Getty Images Entertainment | Getty Images Airbnb announced a global ban on parties on Tuesday. It follows a temporary restriction the company put in place two years … Read more

How to find a hidden spy camera in hotel rooms and rental homes

Nearly 60% of Americans said they were worried about hidden cameras in Airbnb homes in 2019. And 11% of vacation home renters said they had discovered a hidden camera during a stay, according to a survey by the real estate investment company IPX1031. Spy cameras are not a new problem. In South Korea, more than … Read more