US UPDATES OVER THE NEXT 7 DAYS

Quarterly Results

Market more optimistic on Airbnb

Shares in the home rental platform are up 40% year-to-date

Wall Street has been getting more optimistic about growth companies this year and fourth quarter earnings (14 February) from Airbnb (ABNB:NASDAQ) will put that to the test. The third quarter was strong, the company booking 25% higher volumes while rising prices helped push revenue up 36% after accounting for currency swings. The stock is up 40% year-todate. Consensus forecasts are pitched at $0.25 earnings per share on $1.86 billion revenue for the home and roomrental platform. [SF]

13 February: Arista Networks, Avis, Cadence Design, DBS Group, Palantir Technologies, SolarEdge Technologies

14 February: Airbnb, Coca-Cola, Devon Energy

15 February: AIG, Biogen, Cisco, Kraft Heinz, Shopify

16 February: Applied Materials, Datadog, DoorDash

While we are resolutely bottom-up and stock-focused in our approach, this does not stop us from looking at the big picture. That’s why every year we publish our research agenda, outlining the key themes we intend to focus our attention on over the year ahead. We see it as a guide to discovering unrecognised growth opportunities and potentially a better way to help deliver returns you can look forward to.

Please remember that changing stock market conditions and currency exchange rates will affect the value of the investment in the fund and any income from it. Investors may not get back the amount invested.

Find out more at monksinvestmenttrust.co.uk A Key Information Document is available.