Latest news with #JoeGebbia
Yahoo
22-05-2025
- Business
- Yahoo
1 Cash-Producing Stock for Long-Term Investors and 2 to Brush Off
While strong cash flow is a key indicator of stability, it doesn't always translate to superior returns. Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning. Cash flow is valuable, but it's not everything - StockStory helps you identify the companies that truly put it to work. Keeping that in mind, here is one cash-producing company that excels at turning cash into shareholder value and two that may struggle to keep up. Trailing 12-Month Free Cash Flow Margin: 9.3% Operating in the emerging beauty health category, the appropriately named BeautyHealth (NASDAQ:SKIN) is a skincare company best known for its Hydrafacial product that cleanses and hydrates skin. Why Should You Dump SKIN? Annual revenue growth of 3.8% over the last three years was below our standards for the consumer staples sector Historical operating losses point to an inefficient cost structure High net-debt-to-EBITDA ratio of 10× could force the company to raise capital at unfavorable terms if market conditions deteriorate BeautyHealth's stock price of $1.54 implies a valuation ratio of 12.2x forward EV-to-EBITDA. To fully understand why you should be careful with SKIN, check out our full research report (it's free). Trailing 12-Month Free Cash Flow Margin: 6.8% Creator of the famous M1 Abrahms tank, General Dynamics (NYSE:GD) develops aerospace, marine systems, combat systems, and information technology products. Why Does GD Give Us Pause? Backlog failed to grow over the past two years, suggesting the company may need to tweak its product roadmap and go-to-market strategy Estimated sales growth of 3.1% for the next 12 months implies demand will slow from its two-year trend Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 2.6 percentage points At $279 per share, General Dynamics trades at 18.5x forward P/E. If you're considering GD for your portfolio, see our FREE research report to learn more. Trailing 12-Month Free Cash Flow Margin: 38.8% Founded by Brian Chesky and Joe Gebbia in their San Francisco apartment, Airbnb (NASDAQ:ABNB) is the world's largest online marketplace for lodging, primarily homestays. Why Is ABNB a Top Pick? Nights and Experiences Booked are rising, meaning the company can increase revenue without incurring additional customer acquisition costs if it can cross-sell additional products and features Earnings per share have massively outperformed its peers over the last three years, increasing by 49.4% annually Impressive free cash flow profitability enables the company to fund new investments or reward investors with share buybacks/dividends Airbnb is trading at $127.44 per share, or 18.9x forward EV/EBITDA. Is now the time to initiate a position? Find out in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free.
Globe and Mail
16-05-2025
- Business
- Globe and Mail
Tesla to add Chipotle executive Jack Hartung to board of directors and audit committee
Tesla TSLA-Q will add Chipotle executive Jack Hartung to its board of directors and audit committee in June, the electric vehicle maker said on Friday. Hartung's addition will expand Tesla's board to nine members. Joe Gebbia, the co-founder of Airbnb was the last addition to the board in 2022. Tesla's board has come under scrutiny amid reports that it is exploring a potential replacement for CEO Elon Musk. Earlier this week, the company formed a special committee to review Musk's compensation, which could result in a new stock options package for him. Hartung will retire from his positions as president and chief strategy officer at Chipotle next month and transition to a senior advisor's role at the restaurant chain, Tesla said. He has previously served as the finance and accounting chief of Chipotle and was responsible for its strategy and supply chain, among other functions.
CNA
16-05-2025
- Business
- CNA
Tesla to add Chipotle executive Jack Hartung to board
Tesla will add Chipotle executive Jack Hartung to its board of directors and audit committee in June, the electric vehicle maker said on Friday. Hartung's addition will expand Tesla's board to nine members. Joe Gebbia, the co-founder of Airbnb was the last addition to the board in 2022. Tesla's board has come under scrutiny amid reports that it is exploring a potential replacement for CEO Elon Musk. Earlier this week, the company formed a special committee to review Musk's compensation, which could result in a new stock options package for him. Hartung will retire from his positions as president and chief strategy officer at Chipotle next month and transition to a senior advisor's role at the restaurant chain, Tesla said. He has previously served as the finance and accounting chief of Chipotle and was responsible for its strategy and supply chain, among other functions. (This story has been refiled to remove an extraneous word in paragraph 5)
Reuters
16-05-2025
- Automotive
- Reuters
Tesla to add Chipotle executive Jack Hartung to board
May 16 (Reuters) - Tesla (TSLA.O), opens new tab will add Chipotle (CMG.N), opens new tab executive Jack Hartung to its board of directors and audit committee in June, the electric vehicle maker said on Friday. Hartung's addition will expand Tesla's board to nine members. Joe Gebbia, the co-founder of Airbnb was the last addition to the board in 2022. Tesla's board has come under scrutiny amid reports that it is exploring a potential replacement for CEO Elon Musk. Earlier this week, the company formed a special committee to review Musk's compensation, which could result in a new stock options package for him. Hartung will retire from his positions as president and chief strategy officer at Chipotle next month and transition to a senior advisor's role at the restaurant chain, Tesla said. He has previously served as the finance and accounting chief of Chipotle and was responsible for its strategy and supply chain, among other functions.
France 24
14-05-2025
- Business
- France 24
Seeking something new, Airbnb CEO promises 'perfect concierge'
Alongside accommodation bookings -- which are "no longer new," he notes -- users will now be able to find beauty and wellness professionals as well as caterers ready to come to their vacation rental or even to their own home. It marks the most ambitious diversification of Airbnb's business since its birth in 2008 in San Francisco. "I do want to stay relevant. I do want the company to grow and change. But the world doesn't care about that. That's our problem," said Chesky in a Tuesday interview. "The problem for customers is it's really hard to get these services." He explained that initially the idea seemed merely interesting but gradually became "essential," with the realization that customers could transform from annual Airbnb users to weekly ones. With the rollout, hairdressers, massage therapists, and photographers selected by the platform are becoming available in 260 cities worldwide. The offering will then expand to other locations and services. Childcare represents "the ultimate goal." Offering babysitters on the application would mean users truly "trust" the company, he said. "I don't think Airbnb has earned that level of trust yet, but I think that's a really good North Star." 'Perfect concierge' Surprisingly, while generative artificial intelligence is dominating all investments and new products in Silicon Valley, Chesky barely mentioned the technology behind ChatGPT in a keynote speech announcing the company's future plans. "We have an AI customer service agent. We believe it's the best AI customer service agent in all travel," the executive told AFP. Trained on "hundreds of millions or even billions" of data points related to customer stays, it's initially being deployed to American users before expanding to other countries and languages in the coming months. Industry expectations suggest Airbnb will focus on AI assistants capable of composing entire customized trips and making reservations -- similar to startups like Mindtrip. It's a highly coveted sector where Expedia, Booking, and Google have spent years trying to establish themselves as central platforms for travelers. "In the coming years, we imagine ultimately becoming the perfect concierge for traveling and living," Chesky said. - Travel and politics - Meanwhile, Airbnb faces less technological and more political challenges. The California company had to distance itself from co-founder Joe Gebbia, who joined billionaire Elon Musk's DOGE team -- tasked by President Donald Trump with identifying federal spending they consider unnecessary. Some hosts have announced they're leaving Airbnb in reaction, as the ad hoc agency's methods are widely considered brutal and counterproductive by the American left. "We haven't seen any impact," Chesky maintained. "Airbnb is an idea that is just so much bigger than any one person," he added, noting that Gebbia has not been involved in daily Airbnb operations for two years. The CEO remains diplomatic regarding Trump's economic policies, which have caused market turmoil and created uncertainty across sectors. Airbnb has observed a decrease in foreign tourists visiting the United States, but "we're a really adaptable business," he assured. "If people choose to travel within their own country, they might do it in Airbnbs." "That being said, I think a world where borders are open and people travel freely is certainly best for the travel industry, and probably best economically and culturally for bringing communities together."
