Airbnb Shares Jump Nearly 12% After Raising Revenue Growth Forecast

Airbnb announced its third-quarter financial results, reporting revenue and earnings that surpassed analyst expectations. Alongside the earnings beat, the company raised its full-year revenue growth guidance to a high-teens percentage, up from its previous mid-teens forecast, citing increased demand across global markets. Additionally, the company unveiled a $12 billion share buyback program. These actions reflect the company's strong performance and confidence in its ongoing growth trajectory.