Airbnb shares rise on positive forecasts, while Russian markets surge following a phone call between Trump and Putin. Gold prices climb as investors seek safe havens amid trade uncertainties. TikTok returns to US app stores after Trump delays ban.
Airbnb shares surged after the company reported strong quarterly revenue and issued an optimistic forecast for the first three months of 2025, citing continued robust demand fueled by a successful holiday travel season. Airbnb projected a relatively stable growth rate for nights and experiences booked during the January-to-March period compared to the previous year, aligning with Wall Street expectations.
Meanwhile, Russian stocks and the ruble experienced a significant rally following a phone call between US President Donald Trump and Russian leader Vladimir Putin, who discussed potential pathways to end the war in Ukraine. This surge reflects a renewed sense of optimism in the Russian market amidst geopolitical shifts.Global gold prices continued their upward trajectory, reaching near-record highs for the third consecutive day. This surge was attributed to heightened uncertainty in the global economy and trade landscape following US President Trump's imposition of reciprocal tariffs on several nations. Investors increasingly view gold as a safe haven asset during times of economic instability. TikTok's reappearance on Apple and Google's US app stores followed Donald Trump's postponement of a ban on the Chinese-owned social media platform. Trump reassured tech giants that they would not face penalties for hosting TikTok, reversing a previous removal that occurred ahead of a national security law requiring ByteDance, TikTok's parent company, to sell the platform or face a ban.
AIRBNB RUSSIAN STOCKS GOLD PRICES TIKTOK TRUMP TARIFFS PUTIN-TRUMP CALL
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