$BKNG topped Q3 guidance with room night growth of 7% and adjusted EBITDA reaching $4.6B. $XLY Management slowed Q4 room night guidance to 1%-3%, citing persis

$BKNG topped Q3 guidance with room night growth of 7% and adjusted EBITDA reaching $4.6B. $XLY Management slowed Q4 room night guidance to 1%-3%, citing persistent Middle East geopolitical conflicts. Booking Holdings: Gross margin = 87.2% Adjusted EBITDA margin = 47.0% Cash and investments = $16.2…