Booking Holdings Inc

BKNG: XNAS (USA)
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Booking Earnings: Network Advantage Should Endure Despite Growing AI Adoption; Shares Undervalued

Booking's second-quarter revenue increased 8%, ahead of its 4%-6% guidance, driven by a 5% lift in room nights. Adjusted EBITDA increased 9%, aided by decreased labor expense. The high-single-digit revenue growth target for 2026 was maintained. Shares rose 6% during Aug. 4 after-hours trading.

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