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International Business Times UK
International Business Times UK
Business
Angelo dela Dingco

Market Shifts as Airbnb Soar Past Tech Giants on Strong Booking Demand

Will the market shift its attention to other sectors following the crash of high-growth tech stocks in the first week of November? Tech titans have spent billions of dollars on artificial intelligence this year and promise to spend more in 2026. Meanwhile, a Nasdaq constituent not chasing the AI dream as much could be a better investment prospect.

Airbnb finished lower at the closing bell on 6 November 2025, but soared by almost 5% in after-hours trading. Unlike the big AI spenders, this $74.4 billion company uses AI at the application level but not deep in research. According to Brian Chesky, CEO of Airbnb, AI customer agents are very useful to the business.

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