9:26 ET -- Airbnb is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Driven by a strong rebound in travel, Airbnb's first-quarter earnings beat analysts' forecasts--with a profit of $117 million beating predictions for $90 million. However, the short-term rental company warned that average daily rates are seen falling slightly in the second quarter compared with a year earlier, and that nights booked would be rising more slowly than revenue growth. Dow Jones & Co. owns Factiva. (susan.solan@wsj.com)

(END) Dow Jones Newswires

May 10, 2023 09:41 ET (13:41 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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