Money
Airbnb has suspended all operations in Russia and Belarus
Airbnb has officially stopped all operations in Russia and Belarus in a new company policy effective from April 4
The choice of the company to pull operations in Russia and Ukraine is in response to Vladimir Putin’s invasion of Ukraine.
Individuals wanting to travel to the two countries will no longer be able to book stays with Airbnb.
Russian and Belarusian residents are also barred from booking accommodation at other Airbnb listings.
Brian Chesky, the co-founder and chief executive of Airbnb, added the Ukrainian flag to his Twitter profile and tweeted about the suspension.
All reservations made after today have been cancelled, with the policy announced following Russia’s takeover of Europe’s largest nuclear power plant a month ago.
Airbnb is also offering short-term housing solutions to those fleeing Ukraine in Poland, Moldova, Romania, Hungary and Slovakia.
Russia has more than 93,000 listings on Airbnb and Belarus almost 4,000, according to AirDNA.
Airbnb joins a list of companies that are pausing operations in Russia, including Ikea, Apple, Netflix, H&M, Burberry, BMW, Mercedes-Ben and many others.
Amanda Gunn contributed to this report
Money
Dow hits record while tech stocks drive market gains
S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.
S&P 500 rose 0.7% with Nvidia and Broadcom driving gains; investors await delayed January jobs and inflation reports.
The S&P 500 rose 0.7% on Monday, powered by gains in technology stocks, while the Dow Jones Industrial Average hit new heights. Investors are eagerly awaiting crucial economic reports this week.
Nvidia and Broadcom were among the standout performers, climbing 3% and 4% respectively, continuing the momentum from the previous session. The market rebound comes after significant losses earlier last week, with the Dow exceeding 50,000 for the first time ever on Friday.
Investors now turn their attention to the delayed January jobs report from the Bureau of Labor Statistics, due Wednesday, and the consumer price index for January, expected Friday with a 2.5% annual rise.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
Money
Tech stocks slide as investors rotate into small-cap and value plays
Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.
Nasdaq drops 1.84% amid turbulent week; investors pivot to cyclical and value sectors from high-growth tech.
U.S. equity markets wrapped up a turbulent week with mixed results. The Nasdaq Composite fell 1.84%, marking its worst week for large-cap technology stocks since November, while the S&P 500 remained largely unchanged. Investors are weighing concerns about artificial intelligence and potential overinvestment in high-growth areas.
Meanwhile, smaller-cap and value-oriented stocks continued to add to their year-to-date gains. Market participants rotated into cyclical sectors that had lagged, reflecting a shift in investor sentiment and appetite for risk outside the traditional tech heavyweights.
Analysts say this rotation highlights the broader market’s evolving dynamics, as growth concerns collide with opportunities in underappreciated areas. Stay tuned for further developments as the market digests these trends.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
Money
U.S. markets mixed as tech slumps and Fed moves spark uncertainty
Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.
Mixed US equity results as tech stocks drop; market uncertainty rises amid Fed Chair change. Join Steve Gopalan’s insights on FX trends.
US equity markets posted mixed results as technology stocks fell, reflecting growing concerns about AI disruptions. The delay of key labour data has added to market uncertainty, especially with President Trump’s recent appointment of Kevin Warsh as Fed Chair.
Steve Gopalan from SkandaFX joins us to discuss how these shifts could influence monetary policy, corporate FX strategies, and the broader financial landscape.
We also dive into FX trends, euro-area inflation signals, and Australian dollar movements, exploring what these developments mean for investors worldwide.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#USMarkets #TechStocks #FedPolicy #FXTrading #AIImpact #LabourMarket #CurrencyTrends #InvestingInsights
-
News4 days agoU.S. ramps up Cuba aid as energy crisis deepens
-
Tech4 days ago
OpenAI and Anthropic launch faster, smarter AI tools for enterprise coding
-
Ticker Views5 days ago
Nine Entertainment buys QMS Media for $850 million as radio assets sold
-
News5 days ago
Oil prices surge as U.S.-Iran tensions escalate
-
News4 days ago
SpaceX expands Starlink with phone plans and satellite tracking ambitions
-
Ticker Views5 days ago
Winter Olympic security tightens as US-European tensions grow
-
Ticker Views4 days ago
Rebuilding Gaza: Lessons from the Phoenix Plan
-
Money4 days ago
U.S. markets mixed as tech slumps and Fed moves spark uncertainty
