Good evening, you're tuned in to Markets Desk.
Equities closed in the red Thursday as Middle East tensions weighed on sentiment across the board. The S&P five hundred shed nearly a fifth of a percent, the Dow dropped eighty-five basis points, and the Nasdaq one hundred slipped roughly four tenths, with futures confirming the cautious tone heading into the close.
Cutting against that broader weakness, Airbnb surged nine percent after hours on a decisive earnings and revenue beat, with management guiding strongly for the third quarter. The company cited robust demand across all regions, a signal that consumer travel spending remains resilient even as macro headwinds continue to cloud the outlook elsewhere.
And in the world of artificial intelligence, Jeff Dean, Google's chief scientist and one of the most consequential engineers of the modern computing era, is departing to launch a startup called Discovery Loop. He's cofounding the venture alongside three fellow former Googlers, with the company targeting AI applications specifically in science and engineering, a space that has drawn significant institutional interest this year.
That's the tape. Markets Desk, signing off the floor.
