Booking Holdings just set a fresh 52-week low at $153.14, edging below the prior floor from May 15. The May bottom that held for five months is gone.
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Booking's $197 billion in annual gross bookings is the single biggest prize if AI agents start handling trip planning and checkout, and that repricing debate is already hitting travel names.
More than $400B in bookings are spent each year across the leading OTAs. Booking: $197 billion Expedia: $127 billion Airbnb: $100 billion How will AI agents change this? $BKNG $EXPE $ABNB https://t.co/hDpMVywwwT
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Mad Money w/ Jim Cramer 9/29/26
- Cramer says the 30-year Treasury yield is the highest in 24 years, with over 40% of S&P 500 names in a bear market
- Public backlash against AI and data centers is the new narrative risk that could make October ugly
- Goldman Sachs called the most beaten-down of a caller's bank ideas alongside Capital One and BNY Mellon
- Interviews with Meta's Dina Powell McCormick on its AI agent Muse and BWX Technologies on its new long-term strategy
Cramer's message: public perception is now the AI trade's problem, and he thinks that plus long-end yields sets up a rough October. He still wants Goldman Sachs on weakness, calling it the most beaten-down of the bank names raised by a caller.
- 2BKNGBooking Holdings$0.42/sh$316M
- 3GLPIGaming & Leisure Properties$0.82/sh$239M
- 4RYAAYRyanair$0.44/sh$230M
- 5NDAQNasdaq$0.31/sh$173M
ADP is sending shareholders about $675 million, or $1.70 a share, with the money arriving October 1. Booking Holdings is next at roughly $316 million, followed by Gaming & Leisure Properties, Ryanair and Nasdaq.
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