You may remember it as Priceline.com and have a fondness for its 14 years of TV commercials featuring William Shatner.
But the company has morphed into Booking Holdings and just reported a surprising jump in travel bookings that pushed its stock up nearly 6.8 percent on Wednesday.
That increase was the biggest jump in shares of the company in over a year. And despite continued competition from the likes of Airbnb and hotel chain websites, CEO Glenn Fogel isn't worried.
“Travel is strong. And we’re offering a great selection, great prices, great service. So when you combine those two things together, that’s what’s driving the growth,” Fogel told Cheddar.
He said Booking.com’s variety of accommodation options all on one platform and its 24/7 customer service give it the edge over competitors.
Booking Holdings earnings, which came out on Tuesday, showed the company had a strong Q4 with $2.8 million in revenue, a 19 percent increase from the year before.
For the full interview, [click here](https://cheddar.com/videos/booking-holdings-on-improving-travel).
Spending this holiday season is set to significantly rise, according to an economic survey from CNBC.
Google settled an antitrust lawsuit, Tesla is reportedly raising pay, a group is suing Utah over its social media policies for kids and the founder of Nikola was sentenced to prison.
The White House is lending its support to an auto industry effort to standardize Tesla’s electric vehicle charging plugs for all EVs in the United States.
Some of America’s biggest retailers are working to increase their shipping speeds to please shoppers expecting faster and faster deliveries.
A group representing several big tech companies is suing Utah over state laws about children's social media use.
Google has agreed to pay $700 million to settle an anti-trust settlement.
Stocks were up after the closing bell as Wall Street continued to pin their hopes on rate cuts after last week's comments from the Fed.
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Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store — the same issue that went to trial in another case that could result in even bigger changes.
Nicki Minaj just reached a milestone that no other woman in rap has reached.
