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The Economic Times

Markets / The Economic Times

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Airbnb shares surge 15% to four-year high on raised forecast, AI gains

Airbnb shares surged nearly 15% after the company raised its annual revenue growth forecast, citing resilient global travel demand and AI-driven efficiency. Better-than-expected quarterly revenue and lower customer-support costs reinforced investor confidence despite ongoing Middle East tensions.

7 Aug 2026 8:07 pm