Closing Bell: Lyft Jumps, Airbnb Upgrades Outlook, Sweetgreen Falls

Bullish Gator

Market movers after the bell: Lyft posts stronger bookings, Airbnb raises revenue and margin forecasts amid travel demand, while Sweetgreen cuts outlook after a cyclospora-related drop in same-store sales.

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What stands out

Bloomberg's Closing Bell singled out Airbnb after the company nudged up both revenue and margin guidance, a rare moment when a consumer travel name confidently talks about pricing and profitability at the same time. Management said global nights and seats booked jumped 10% in Q2 to 148.3 million and now expects annual revenue growth of at least mid-teens. That matters because Airbnb’s recent averages show revenue up 13.4% year-over-year (YoY) and net income up 34.4% YoY, so the beat feels like quality growth rather than vanity metrics.