Instacart, Airbnb, Lyft & Sweetgreen Report Earnings | Closing Bell

Summary

Hosts Romaine Bostick, Carol Massar and Tim Stenovec recap a fractionally lower U.S. equity close and immediate after-hours earnings reactions. Energy stocks outperformed on a geopolitical oil spike. The standout post-close story is Sweetgreen, whose stock fell after the company cut its outlook due to a Cyclospora outbreak that is harder to contain and communicate than prior food scares. Other movers include Trade Desk, Lyft, Airbnb, Akamai, and Instacart, but hosts focus on the Sweetgreen headwind as a differentiated consumer-demand risk.

• Major U.S. equity indices closed fractionally lower amid geopolitical unease and rising yields ahead of the monthly jobs report.
• Energy was the only sector to gain meaningfully (up ~1.5%) as WTI and Brent crude rose on Iran striking targets in the Strait of Hormuz.
• Post-close earnings: Instacart up on in-line GTV and EBITDA beat; Airbnb up ~2.9% on raised Q3 revenue guidance and healthy travel demand; Lyft jumped ~7% on strong bookings and guidance.
• Trade Desk shares fell ~17% after a large Q2 miss and Q3 revenue guidance that was far below consensus.
• Akamai dropped ~8% after its full-year revenue outlook was trimmed; Twilio rallied ~12% on a beat and solid organic growth guidance.
• Sweetgreen plunged ~9% after lowering its fiscal 2026 same-store sales and margin outlook, citing reduced demand from a Cyclospora outbreak.
• Host Tim Stenovec highlighted that this outbreak is unusually sticky because the parasite is hard to replicate in a lab on perishable items, eroding consumer trust and causing raw-vegetable avoidance at restaurants.
• The travel sector broadly held up well, consistent with prior positive signals from Expedia, Booking Holdings and airlines.