Expedia Drops, Akami Technologies Soars, Monster Beverage Gains as Earnings Beat Estimates
On this episode of Stock Movers:- Expedia (EXPE) shares tumble. Expedia left its full-year guidance unchanged. That's after the company posted quarterly revenue of $3.43 billion, up 15% from a year earlier and above the consensus estimate of $3.35 billion. The company expects healthy demand from the FIFA World Cup and forecast second-quarter revenue of $4.11 billion to $4.19 billion.- Akami Technologies (AKAM) soars after the company announced that a leading frontier AI model provider had committed to $1.8 billion over seven years for its Cloud Infrastructure Services. The company also…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.