$ABNB, $MRO Sep 13th Morning News
Market gainers today are Marathon Oil, Chevron, Exxonmobil and Intel with 7%, 2%, 2.9% and 1.6%.
Tickers of AirBnb,Moderna, BioNTech are traded lower with 4.7%, 5.3% and 3.1%
Airbnb is an American company that operates an online marketplace for lodging, primarily homestays for vacation rentals, and tourism activities. Its share slipped after analysts at Goldman Sachs Group recommended investors to sell the stock. Airbnb offering drive-to-lodging might benefit as the Delta variant discourages people from air travel. However, the recent growing spread of delta variants might concern many families from both air and drive traveling.
The Organization of the Petroleum Exporting Countries(OPEC) said The world’s thirst for oil will exceed pre-pandemic levels next year, with improving vaccination rates and increasing public confidence in governments’ management of Covid-19 spurring a recovery in travel, the OPEC’s estimates signal a tightening oil market. The pace of recovery in oil demand is now expected to be stronger than before and to mostly take place in 2022, after the emergence of the highly contagious Delta variant stymied recovery this y ear.
Oil prices added to early gains following the release of OPEC’s report, with Brent crude—the global benchmark—up 1.2% at $73.77 a barrel.
[https://www.youtube.com/watch?v=oIEMapaY\_Ls](https://www.youtube.com/watch?v=oIEMapaY_Ls)
https://www.reddit.com/r/StockMarket/comments/pnjnb2/abnb_mro_sep_13th_morning_news/
