0.000198026518048256 2.95398673332214E-05 0.00165097224455953 0.00584123524784489 0.00758955776630453 0.00985209279019356 0.00351415014348706 0.00253386417568999
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Stockreport

Online travel stocks rise after report that OpenAI to scale back direct checkouts [Yahoo! Finance]

Booking Holdings Inc. (BKNG)  More Company Research Source: Yahoo! Finance
Last booking holdings inc. earnings: 2/26 04:04 pm Check Earnings Report
into ChatGPT, easing investor fears that the AI chatbots could ?eventually cut out travel intermediaries. Shares of Expedia were up over 12%, while Booking Holdings and Tripadvisor rose 8% and 5%, respectively. The rally followed a report by The ?Information that OpenAI ?found ChatGPT users were researching products in the chatbot but not completing purchases through ?it. The AI company will instead focus on checkouts within specific third-party apps that plug into ChatGPT, the report ?said, citing ?an OpenAI spokesperson. OpenAI did ?not respond to a ?Reuters request for comment. Investors and analysts have grown increasingly concerned that generative AI tools could become the dominant platform for planning and booking travel, potentially bypassing intermediaries such as online travel agencies. We see the OpenAI ?news as incrementally positive for ?online travel agencies, Bernstein analyst ?Richard Clarke said ?in a note. "This means that Booking and ?Expedia can contin [Read more]

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Stockreport

Online travel stocks rise after report that OpenAI to scale back direct checkouts [Yahoo! Finance]

Booking Holdings Inc.  (BKNG) 
Last booking holdings inc. earnings: 2/26 04:04 pm Check Earnings Report
into ChatGPT, easing investor fears that the AI chatbots could ?eventually cut out travel intermediaries. Shares of Expedia were up over 12%, while Booking Holdings and Tripadvisor rose 8% and 5%, respectively. The rally followed a report by The ?Information that OpenAI ?found ChatGPT users were researching products in the chatbot but not completing purchases through ?it. The AI company will instead focus on checkouts within specific third-party apps that plug into ChatGPT, the report ?said, citing ?an OpenAI spokesperson. OpenAI did ?not respond to a ?Reuters request for comment. Investors and analysts have grown increasingly concerned that generative AI tools could become the dominant platform for planning and booking travel, potentially bypassing intermediaries such as online travel agencies. We see the OpenAI ?news as incrementally positive for ?online travel agencies, Bernstein analyst ?Richard Clarke said ?in a note. "This means that Booking and ?Expedia can contin [Read more]

IMPACT SNAPSHOT
EVENT TIME:
BKNG
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS