On this episode of Stock Movers:

- Airbnb (ABNB). Airbnb Inc. Chief Executive Officer Brian Chesky said his company is back in “growth mode” after it posted the fastest revenue gain in three years. The company now expects full-year revenue to grow in the “high teens” and lifted its full-year margin forecast for adjusted earnings before interest, taxes, depreciation and amortization to about 36%. Airbnb announced a new repurchase authorization of as much as $12 billion more in stock and shares jumped more than 10% in extended trading after the release.

- Tesla (TSLA) shares gain. Tesla Inc. is discontinuing the Cybertruck to free up capacity for the Cybercab autonomous vehicle. Production of the Cybertruck will wind down at Tesla's Texas plant in the middle of next year. The Cybertruck has had "relatively limited commercial success", with Tesla making about 20,000 of the pickups a year, roughly 1% of the company's total volume.

- Hims & Hers (HIMS) shares surge. Hims & Hers Health inked a deal with Eli Lilly to sell the company's obesity drugs on its telehealth platform. The deal will see Hims sell Lilly's Zepbound and Foundayo, and follows a similar agreement with Novo to sell Ozempic and Wegovy. Leerink Partners analyst Michael Cherny called the news "both surprising and inevitable", and noted the deal will be immediately accretive for earnings before interest and taxes.

On this episode of Stock Movers:
- Airbnb (ABNB). Airbnb Inc. Chief Executive Officer Brian Chesky said his company is back in &ldquo;growth mode&rdquo; after it posted the fastest revenue gain in three years. The company now expects full-year revenue to grow in the &ldquo;high teens&rdquo; and lifted its full-year margin forecast for adjusted earnings before interest, taxes, depreciation and amortization to about 36%. Airbnb announced a new repurchase authorization of as much as $12 billion more in stock and shares jumped more than 10% in extended trading after the release.
- Tesla (TSLA) shares gain. Tesla Inc. is discontinuing the Cybertruck to free up capacity for the Cybercab autonomous vehicle. Production of the Cybertruck will wind down at Tesla's Texas plant in the middle of next year. The Cybertruck has had "relatively limited commercial success", with Tesla making about 20,000 of the pickups a year, roughly 1% of the company's total volume.
- Hims &amp; Hers (HIMS) shares surge. Hims &amp; Hers Health inked a deal with Eli Lilly to sell the company's obesity drugs on its telehealth platform. The deal will see Hims sell Lilly's Zepbound and Foundayo, and follows a similar agreement with Novo to sell Ozempic and Wegovy. Leerink Partners analyst Michael Cherny called the news "both surprising and inevitable", and noted the deal will be immediately accretive for earnings before interest and taxes.

Listen for Short conversations on today's biggest winners and losers in the stock market. 

Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for Short conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Listen for short conversations on today's biggest winners and losers in the stock market. 

Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Listen for short conversations on today's biggest winners and losers in the stock market.&nbsp;
Subscribe for analysis on the companies making news in global equity markets. Episodes are published throughout the day to track stock moves from New York, London, Frankfurt and Paris. Join us for investment news covering technology, energy, finance, health care, communications, industrials, utilities, consumer staples, materials, real estate and more.

Airbnb Rises, Tesla Gains, Hims & Hers Surges On 'Surprising And Inevitable' Deal With Eli Lilly

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/016efb61-5793-45a2-80ec-b4fa00fd4377/transcript