Priceline Switches to Booking Holdings and Reports Strong Earnings

Priceline officially changed its name to "Booking Holdings" on Tuesday as it reported Q4 results. Overall, Booking Holdings reported a strong Q4. CEO Glenn Fogel joins Cheddar to break down the name change and earnings news. Q4 revenue came in at $2.8 billion, ahead of estimates, and 19% higher than last year. After earnings were reported, shares rose about 6%. Fogel says that travel is what drives the business and that is still strong. When asked about compeition, Fogel is confident in Booking Holdings position in the market. Fogel says the great thing about booking.com, is that it is instantly confirmable. Fogel also touts that there is no booking travel fee with their businesses.

More In Business

Get Rich B*tch: How Frich Is Transforming Gen Z's Finances

Frich is a social finance app that tackles Gen Z’s financial obstacles and promotes open money discussions.

Fed's Delay Sparks Global Sell-Off

As markets plunge and economic fears rise, investors speculate the Fed might cut rates urgently.

Markets Shudder: Are Economists Right About the Fed Being Too Late?

Stocks fall for a second day on Wall Street due to weak job data and recession fears. The VIX surges over 60, showing high anxiety and a potential rebound.

Tech Giants’ Mixed Earnings: Winners, Losers & What’s Next for AI

Amazon, Google, Meta, and Microsoft spent $58 billion this quarter. Will this boost Nvidia's $330 billion market cap? How soon will AI drive profits?

Travel Trends: AI’s Impact, The Eras Tour, & Top European Destinations

Plus: Major sporting drive local spending. Experiential travel and tech trends rise, with Munich, Tokyo, and Tirana as top destinations.

DoorDash Sees Record Q2 Orders and Revenue As Restaurant Traffic Slows

DoorDash set quarterly records for total orders and revenue despite slowing U.S. restaurant traffic.

Big Business This Week: Can Boeing Finally Get Back on Its Feet?

A new CEO takes over the embattled planemaker. Plus: Elon picks a fight, the Fed might finally cut rates and Microsoft makes a lot of money but not enough.

Disney Destiny Sets Sail in 2025 with Heroes & Villains

Set sail on Disney Destiny for a legendary voyage with immersive tales, top entertainment, world-class dining, and unmatched hospitality.

Why The Luxury Real Estate Market Is Doing Better Than The Traditional Real Estate Market

Co-CEO of Christie's International Real Estate discusses the luxury real estate market and gives tips for first time home buyers. Watch!

Hot Summer, Cool Market: Low Affordability Stalls Buyers and Sellers

Home sales are 25% below normal due to low affordability, leading to the 'lock-in effect' where homeowners stay put.

Load More