Airbnb‘s (ABNB -3.29%) core business is performing extremely well and spitting out lots of cash. But the vision for the company changed in 2023.
In Airbnb’s recent conference call, CEO Brian Chesky outlined how he saw artificial intelligence enabling growth into new markets, which could make Airbnb a much bigger company.
*Stock prices used were end-of-day prices of Feb. 16, 2024. The video was published on Feb. 18, 2024.
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Travis Hoium has positions in Airbnb, Alphabet, and Apple. The Motley Fool has positions in and recommends Airbnb, Alphabet, Apple, Booking Holdings, Microsoft, and Uber Technologies. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
