Expedia faces threat from tepid growth in 2025, Deutsche Bank says after downgrade By Investing.com

Investing.com — Expedia Inc (NASDAQ:)’s mixed Q3 results and guidance released Thursday point to ongoing tepid growth that will keep a lid on its earnings power in 2025, analysts at Deutsche Bank said in a Friday note.  While Expedia’s is likely to make a “modest improvement” in bookings and revenue growth and margin leverage in 2025, it likely be insufficient to ensure its multiple continue to move higher into 2025, the

Read More

OpenAI’s ChatGPT faces massive outage with thousands of users impacted By Reuters

(Reuters) – Microsoft-backed OpenAI said on Friday night it is facing an issue that has resulted in its popular chatbot ChatGPT being unavailable. The company said in a statement on its website that it was investigating the issue and working to restore functionality as soon as possible. Over 19,403 users had been impacted by the outage as of 7:13 p.m. ET (0013 GMT on Saturday), according to outage tracking website

Read More