Cathie Wood Bets Big On Airbnb Despite Q1 Earnings Dip

Despite analysts predicting a substantial decline in Airbnb’s Q1 2025 earnings, renowned investor Cathie Wood has doubled down on her belief in the company’s long-term growth potential. ARK Investment Management, led by Wood, recently increased its stake in Airbnb, acquiring an additional $7.4 million worth of shares after a previous purchase totaling nearly $9 million. This move suggests confidence in Airbnb’s future even as the market anticipates a significant earnings drop.