From Nasdaq, Inc.:

This week, inflation data will be the main focus, with the Consumer Price Index (CPI) and the Producer Price Index (PPI) being released on Wednesday and Friday, followed by Retail Sales on Thursday. We will have a better understanding of the economy and how it’s impacted by inflation and rate hikes by the weekend.

Airbnb will release their Q4 2023 results after Tuesday. The company has consistently beaten expectations, with improved bookings, sales, and a transition to a focus on profitability. Expectations are lower than usual, providing an opportunity for positive results, unless cautious or negative guidance is given.

Investors and traders are keeping an eye on inflation and consumer spending data this week, but the focus will mainly be on Airbnb and their Q4 earnings results. The odds of a positive reaction to Airbnb’s earnings seem higher than the odds of a big drop, offering an opportunity for traders and investors.



Read more: The Week Ahead: Airbnb’s (ABNB) Earnings