Chesky says Airbnb will spend ‘a lot more’ on AI as earnings beat and stock surges 15%

Airbnb CEO Brian Chesky wasn’t sure AI would help the company, but a year later, he says it’s the reason growth is back.

The short-term rental company now expects full-year revenue growth of at least mid-teens, up from its prior outlook of low- to mid-teens

Airbnb Boosts Full-Year Forecast on Strong Demand as AI Bets Pay Off  wsj.com

Aug 6 : Microchip Technology forecast second-quarter revenue and profit above Wall Street estimates on Thursday, on strengthening demand for its chips used in AI data centers as well as the industrial, automotive and aerospace sectors.The company has benefited from a cyclical recovery in key end-markets, including indu

CVS Health reported better-than-expected second-quarter results on Wednesday, but its updated 2026 forecast and 2027 profit outlook appeared to underwhelm some investors, and its shares fell nearly 6 per cent.

AutomobilesRevised profit outlook tops market estimates as April-June net profit risesThe Honda Motor logo is displayed at the Bangkok International Motor Show in Bangkok on March 23. (Photo by Ken Kobayashi)YURIKA YONEDAAugust 5, 2026 15:51 JSTUpdated on August 5, 2026 18:55 JSTTOKYO -- Honda Motor announced on Wednes

Korea Zinc recorded its highest-ever operating profit in the second quarter of this year, mainly driven by robust demand for key metals. The company said Wednesday that its second-quarter sales revenue and operating profit jumped to 6.37 trillion won ($4.46 billion) and 587 billion won, respectively, rising 66.6 percen

AMD forecasts upbeat revenue on strong AI chip demand, but shares fall on lofty expectations  Reuters