Last Friday, Airbnb (ABNB) nearly took out its 52-week high when the stock gained 14.45%. Billionaire Airbnb co-founder Joe Gebba will join Elon Musk’s Department of Government Efficiency (‘DOGE’).
Stock markets are anticipating that the role will help ABNB stock’s prospects. Similarly, investors expect Musk’s Tesla (TSLA) will benefit in the long-term from Musk leading DOGE.
On Feb. 13, 2025, Airbnb posted a Q4 GAAP earnings per share of $0.73. Revenue increased by 11.7% Y/Y to $2.48 billion. It is investing up to $250 million to launch and scale its new businesses. EBITDA margin will top at least 34.5%.
Super Micro Computer (SMCI) gained 32.1% last week. After posting preliminary Q2 results, the firm announced a $700 million private placement. The convertible senior notes mature in 2028 and pay 2.25%. SMCI said that it would file its financial results by Feb. 25. Failing to do so would result in a delisting within 10 days.
Wynn Resorts (WYNN) gained 10.38% last Friday to close at $88.82. The firm reported flat revenue growth of $1.84 billion. Despite the modest results, WYNN stock rallied as shareholders bet management was too conservative with its outlook. Events like the Super Bowl will lift the current quarter revenues.
Macau is a tailwind for Wynn. Furthermore, the Chinese New Year likely boosted revenue.
