Airbnb (ABNB) shares down 11% after report

The short-term rental company reported a profit in the first quarter but issued a cautious outlook for the second quarter, saying growth in nights and experiences "will have unfavourable year-on-year comparisons" as the company caps off "unmet demand for 2022 after the Covid omicron option"

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Disney (DIS) is scrapping plans to invest about $1bn in a new corporate campus in Florida

t was planned to house 2,000 employees. The reason is a conflict with state authorities. Disney World is Florida's largest employer, employing about 75,000 people.

Berkshire (BRK-B) has bought more shares in Occidental (OXY), increasing its stake to almost 25%

BRK's investment in OXY has risen to almost $13bn. Buffett is taking advantage of a recent 10% drop in OXY shares to increase his stake.

Elon Musk to step down as head of Twitter

Airbnb (ABNB) shares down 11% after report

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