I'm Mark Mahaney, part of the Internet Equity research team at Evercore ISI. I was telling Ariane, I gave a commencement address this weekend that I mentioned AI and then I had to deal with Hecklers.

Expedia Group delivered Q2 2025 results ahead of guidance, with revenue up 6% and adjusted EBITDA margin expanding by nearly two points year-over-year. Strong B2B and advertising growth offset a muted ...

At that level, Expedia was trading close to its 52-week high of $326.99 and far above the low of $181.58. The move indicates a constructive reaction, but not a dramatic one, likely because the quarter ...