Is Airbnb In For A Surprise This Earnings Season?
Airbnb is expected to report its first-quarter results on May 9. Strong travel demand is expected to have supported the company’s quarterly results. Airbnb forecasted Q1 revenue between $1.75 billion and $1.82 billion, driven by growth in European travel and a gradual recovery in China. In addition, Airbnb said on the Q4 earnings call that […]
Due To The Strength Of The Dollar, Sugar Prices Have Seen A Decline
On Monday, sugar prices experienced moderate losses due to a stronger dollar, which led to long liquidation in sugar futures. Additionally, sugar prices are facing downward pressure as farmers hedge their selling ahead of the upcoming Brazil sugar harvest. According to Conab’s April 26 forecast, Brazil’s sugar output for 2023/24 is expected to increase by […]