3 Amazing Internet Stocks That Could Help Set You Up for Life
- Shopify's revenue and free cash flow per share are surging, as the company bounces back from its post-pandemic swoon. Sports betting is now legal in 38 U.S. states.
- 05/01/2024
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Cream of the Crop: 3 Monster Growth Stocks Set to Surge 400% by 2032
- Growth stocks can be the adrenaline that your portfolio needs. These companies prioritize rapid expansion, reinvesting profits back into the business to fuel long-term growth.
- 04/30/2024
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Ride the Q1 Earnings Wave: 3 Stocks to Buy for Post-Report Riches
- The first-quarter earnings train is running at full steam now with company results coming at us fast and furiously. FactSet reports that with 46% of companies listed on the benchmark S&P 500 index having reported financial results, 77% have beaten expectations for their earnings, while 60% have announced better-than-expected revenue.
- 04/30/2024
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Earnings Estimates Moving Higher for Spotify (SPOT): Time to Buy?
- Spotify (SPOT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 04/29/2024
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Spotify founder Daniel Ek pockets $175mln from mass share sale
- Spotify Technology SA (NYSE:SPOT) co-founder and chief executive Daniel Ek has pounced on the music streaming giant's impressive year-to-date rally by putting part of his stake in the company up for sale. SEC filings show that Ek sold 250,000 shares in February and another 400,000 earlier this month for a combined value of around $175 million.
- 04/29/2024
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Best Momentum Stocks to Buy for April 29th
- FTAI, SPOT and ASMIY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on April 29, 2023.
- 04/29/2024
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Is It Worth Investing in Spotify (SPOT) Based on Wall Street's Bullish Views?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 04/29/2024
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Spotify Technology (SPOT) is Attracting Investor Attention: Here is What You Should Know
- Recently, Zacks.com users have been paying close attention to Spotify (SPOT). This makes it worthwhile to examine what the stock has in store.
- 04/29/2024
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5 Solid Stocks to Buy Despite Adverse Economic Data
- We have narrowed our search to five large-cap stocks with more than 20% returns year to date. These are: WAB, WFC, SPOT, GFI, CR.
- 04/29/2024
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New Strong Buy Stocks for April 29th
- MHO, UHS, YOU, SPOT and AY have been added to the Zacks Rank #1 (Strong Buy) List on April 29, 2023.
- 04/29/2024
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Is Spotify Stock Going to $375? 1 Wall Street Analyst Thinks So.
- Spotify is adding paying subscribers at the rate of 1 million per month. Spotify just returned to profitability and is gaining scale that should help it to push its costs down further, resulting in even more profits.
- 04/28/2024
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Is Spotify Stock Going to $400? 1 Wall Street Analyst Thinks So.
- Spotify grew subscribers, revenue, and profit margin, and earned a profit in Q1. Spotify's performance was superb, and investment bank Deutsche Bank gave it the highest price target on Wall Street in response.
- 04/28/2024
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Spotify Stock Has 26% Upside, According to 1 Wall Street Analyst
- Spotify grew subscribers, revenue, profits, and free cash flow in Q1. Its performance was superb, and investment bank J.P.
- 04/27/2024
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Spotify Stock Has 25% Upside, According to 1 Wall Street Analyst
- Spotify beat earnings on Tuesday, and its stock rose by 11%. On Wednesday, Spotify stock gave back half its gains -- but Canaccord Genuity analyst Maria Ripps says the stock will bounce right back.
- 04/26/2024
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Most Entertainment Stocks Are Better Buys Than AMC: 3 Picks to Consider
- Most entertainment stocks are considered better investments than AMC (NYSE: AMC )—well, duh! We're talking about a stock that lost over 90% of its value last year and over 97% in the past decade.
- 04/26/2024
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1 Unstoppable Stock Up 50% in 2024 to Keep Buying Today
- Spotify stock plunged 80% from its peak when the tech sector suffered a severe drawdown in 2022. The company made some difficult decisions, most of which centered around slashing costs.
- 04/26/2024
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Spotify Q1 Gross Profit Tops $1 Billion – 3 Trends For Continued Growth
- This week, Spotify beat first-quarter earnings and revenue estimates returning the 18-year-old company to profitably. Following mass layoffs in 2023 and increased service prices, the audio giant reported 3.6 billion euros ($3.9 billion) in first-quarter revenue and a gross profit of 1 billion euros ($1.08 billion).
- 04/25/2024
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3 Streaming Stocks to Own Now and Never Let Go
- The world of streaming is rapidly evolving, with more viewers cutting the cord and shifting towards on-demand content. This is why investors are on the hunt for the best streaming stocks to own in 2024.
- 04/24/2024
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Spotify submits a new update to Apple with pricing information for EU users
- Spotify said today that it has submitted a new version of its app for EU users with pricing information and basic site information. Critically, the version doesn't contain the link to the website.
- 04/24/2024
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Why Investors Need to Take Advantage of These 2 Business Services Stocks Now
- Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
- 04/24/2024
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Users Refuse to Give Up On Spotify, So Does Wall Street
- Even a year of uncertainty and higher-than-average inflation rates posed no match for the U.S. consumer. Shares of Spotify Technology NYSE: SPOT rallied by more than 11% to end Tuesday's trading session on April 23.
- 04/24/2024
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Spotify's Incredible Quarter Pushes Shares 15% Higher
- Spotify's efficiency push has paid off for investors.
- 04/24/2024
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Spotify CEO Daniel Ek has realized laying off 1,500 people at one go may have created a 'significant challenge' for Spotify's day-to-day operations
- Daniel Ek said Spotify underestimated the impact of laying off 1,500 people in December. "It took us some time to find our footing," Ek told investors in an earnings call.
- 04/24/2024
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JBLU, XRX, AFRM, SPOT: Stocks to Watch
- Stocks continue their strong start to the trading week. Marc X. Lopresti discusses this, as well as his stocks to watch which include JetBlue (JBLU), Xerox (XRX), Affirm (AFRM), and Spotify (SPOT).
- 04/23/2024
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Spotify reaches record high earnings — but misses target on monthly active users
- Spotify's quarterly gross profit topped $1.1 billion for the first time after it reined in marketing spending, although that meant the music streaming giant missed its forecast for monthly active users.
- 04/23/2024
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Spotify Dubs 2024 ‘Year of Monetization' as Subscribers Surge 14% in Q1
- Spotify is tuned in to upbeat earnings outcomes, marking a robust beginning to its designated “year of monetization” after a standout performance in 2023 characterized by significant revenue growth, margin expansion, and enhanced efficiency.
- 04/23/2024
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5 Investors Betting Big on Spotify (SPOT) Stock
- Spotify (NYSE: SPOT ) is popping dramatically higher today, mitigating concerns about discretionary consumer sentiment. The company reported its fiscal first-quarter earnings on Tuesday and exceeded both top- and bottom-line forecasts.
- 04/23/2024
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Spotify Has Been on a Tear: Wealth Enhancement Group's Yoshioka
- Wealth Enhancement Group Portfolio Manager Ayako Yoshioka joins Ed Ludlow and Caroline Hyde to share her expectations for upcoming big tech earnings, and to weigh in on Spotify's strong results. She speaks on "Bloomberg Technology.
- 04/23/2024
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Spotify Stock Soars as Monthly Active Users Jump
- Spotify Technology (SPOT) shares skyrocketed in intraday trading Tuesday after the streaming audio provider posted a quarterly profit and strong sales on a big jump in the number of users.
- 04/23/2024
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Spotify Needs to Keep the Price Hits Coming
- The music streamer's market value has surged on the belief that its money-losing days are in the past.
- 04/23/2024
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Tech Companies Start Reporting Q1 Earnings
- As Q1 earnings season rolls along, market outlooks seem sunnier. For one thing, we're not seeing many bleak, bad misses from companies yet reported; if anything, we've been pleasantly surprised by results from big Wall Street banks, major manufacturers, etc.
- 04/23/2024
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Here's Why Spotify Stock Jumped Today
- Spotify continues to attract new users at a strong pace, leading to good top-line growth. The company's profit margins are improving, leading to record profits.
- 04/23/2024
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Spotify soars as cost-cutting drives record profits
- Spotify Technology SA (NYSE:SPOT) soared 15% on Tuesday after it posted record profits during its first quarter, with sales also beating Wall Street expectations. Earnings per share during the three months came in at a record US$0.97 compared to the US$0.65 analysts had been expecting.
- 04/23/2024
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Spotify (SPOT) Reports Q1 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for Spotify (SPOT) give a sense of how its business performed in the quarter ended March 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 04/23/2024
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Spotify swings to profit, paying subscribers rise
- Music and podcast streaming giant Spotify reported Tuesday an increase in the number of paying subscribers and a rare but lower-than-expected operating profit for the first quarter.
- 04/23/2024
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Spotify reports record quarterly profit after a year marked by deep layoffs and activist attention
- Spotify beat expectations on the top and bottom lines when it reported quarterly earnings Tuesday, after a year of activist investor scrutiny and cost-cutting.
- 04/23/2024
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Spotify (SPOT) Surpasses Q1 Earnings and Revenue Estimates
- Spotify (SPOT) came out with quarterly earnings of $1.05 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to loss of $1.24 per share a year ago.
- 04/23/2024
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Spotify Stock Rises After Earnings Beat. Profit Matters More Than Miss on Users.
- Spotify shares have climbed 45% this year so far as it focuses on profitability.
- 04/23/2024
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Spotify's monthly user numbers miss estimates on lower promotions
- Spotify on Tuesday reported quarterly monthly active users (MAU) of 615 million, missing its own estimates, as the Swedish music streaming company spent less on marketing activities to draw in more listeners.
- 04/23/2024
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Spotify Earnings Preview: What You Need to Know
- Will Spotify's growth tear continue?
- 04/22/2024
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Chart Master's Spotify (Rick's Version)
- Shake it off, T-Swift fans and Spotify users. Earnings are ahead for $SPOT and the Chart Master has the technical tunes to keep you streaming right along.
- 04/22/2024
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Spotify (SPOT): Investing Outlook for Music Streaming Stocks
- Doesn't everyone listen to Taylor Swift, asks David Trainer. He spotlights Spotify (SPOT).
- 04/22/2024
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3 Cheap Stocks That Shouldn't Be So
- Certain stocks fall out of favor once every business cycle, whether for actual justifiable reasons or because of plain overlooking. Markets can get busy and caught up with sectors that make the most noise, such as the U.S. technology sector, which has been taken to all-time highs by names like Nvidia Co. NASDAQ: NVDA.
- 04/22/2024
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The Magnificent Seven have gotten less magnificent ahead of earnings. This one could have the most explaining to do.
- The so-called Magnificent Seven — Apple Inc., Nvidia Corp., Microsoft Corp., Tesla Inc. Google parent Alphabet Inc., Amazon.com, Meta Platforms Inc., the parent of Facebook and Instagram — have done the heavy lifting for the U.S. stock market since last year's massive artificial intelligence stock-buying bender.
- 04/21/2024
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‘The Tortured Poets Department' Breaks Record For Spotify's Most-Streamed Album In A Single Day
- Taylor Swift's new album, “The Tortured Poets Department,” became Spotify's most-streamed album in a single day Friday, breaking the same record previously held by Swift's 2022 album, “Midnights.”
- 04/19/2024
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The “Taylor Swift Effect”: New Album's Impact on Spotify (SPOT)
- Spotify (SPOT) is pulling back today. Kevin Green discusses the “Taylor Swift Effect” and her new album's potential benefits for Spotify.
- 04/19/2024
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Spotify (SPOT) to Report Q1 Earnings: What's in the Offing?
- Spotify's (SPOT) first-quarter 2024 revenues are likely to increase year over year.
- 04/19/2024
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Best Swedish stocks to buy as the OMX Stockholm 30 Rises
- The OMX Stockholm 30 index has been in a strong bull run this year. The jump is in line with the performance of other European stocks. Investor AB, Spotify, and Atlas Copco are some of the best stocks to buy.
- 04/18/2024
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Stay Ahead of the Game With Spotify (SPOT) Q1 Earnings: Wall Street's Insights on Key Metrics
- Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Spotify (SPOT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.
- 04/18/2024
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Spotify Stock: Everything You Need to Know
- Spotify is known as a music streaming app, but it's so much more than that.
- 04/18/2024
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Spotify (SPOT) Declines More Than Market: Some Information for Investors
- Spotify (SPOT) concluded the recent trading session at $293.58, signifying a -1.51% move from its prior day's close.
- 04/17/2024
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Taylor Swift's New Album Rollout Has Spotify, Social Media Companies And More Fighting For Swiftie Attention
- Ahead of the release of “The Tortured Poets Department” this Friday, many of Taylor Swift's promotional efforts have been backed by social media companies and streaming services looking to gain the attention of Swifties, as her dedicated fans decode clues to her new album.
- 04/17/2024
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Spotify (SPOT) Reports Next Week: Wall Street Expects Earnings Growth
- Spotify (SPOT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/16/2024
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1 Music Stock to Buy and Hold for the Long Term
- Streaming is still growing rapidly and accounts for almost half of global music revenue. Spotify controls roughly 32% of the streaming market.
- 04/16/2024
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2 Artificial Intelligence (AI) Stocks Up 59% and 130% in the Past Year That Are Still Buys Today
- Investors are enjoying strong gains in artificial intelligence (AI) stocks at the moment. Duolingo and Spotify are embedding AI into their businesses to deliver unique experiences to their users.
- 04/15/2024
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How Spotify AI plans to know what's going on inside your head, and find the right track for it
- With over 100 million tracks, the musical journey on Spotify can be daunting. Most listeners stick to established patterns, but AI wants to change that.
- 04/14/2024
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DJ Play that Spotify Mashup!
- Amid the rise of TikTok's presence in the music industry, Spotify plans to add new features to empower its listeners' creative side. Renita Young profiles the reported DJ-type offerings headed to Spotify soon.
- 04/12/2024
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Spotify (SPOT) Surpasses Market Returns: Some Facts Worth Knowing
- In the most recent trading session, Spotify (SPOT) closed at $303.57, indicating a +1.19% shift from the previous trading day.
- 04/11/2024
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Bullish on Spotify (SPOT)
- Spotify's (SPOT) sentiment remains negative in most of media, “but positioning may need a more nuanced consideration of catalyst paths,” according to a Barclays analyst. Kevin green discusses this and demonstrates a bullish example trade using Spotify.
- 04/10/2024
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Spotify Technology (SPOT) Is a Trending Stock: Facts to Know Before Betting on It
- Zacks.com users have recently been watching Spotify (SPOT) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
- 04/10/2024
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Spotify confirms second price rise in twelve months
- Spotify has confirmed prices for its premium streaming service are to rise for the second time in under a year. All three premium subscription tiers in the UK are going up with an individual plan to rise by 9% to £11.99/ a month, while Duo plans are 13% higher at £16.99/m and family plans 11% more at £19.99/m.
- 04/10/2024
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Final Trades: Nasdaq, Alphabet, Spotify, Charles Schwab and Teck Resources
- The Investment Committee give you their top stocks to watch for the second half.
- 04/09/2024
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Is Spotify (SPOT) a Buy as Wall Street Analysts Look Optimistic?
- When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
- 04/09/2024
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Spotify Stock Has 26% Upside, According to 1 Wall Street Analyst
- Analysts at Pivotal Research see Spotify's free cash flow soaring as premium subscription prices are raised. While Spotify is free cash flow positive, the company is still reported net losses.
- 04/07/2024
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Spotify set to deliver profitability improvements as price hikes flow through
- Spotify Technology SA (NYSE:SPOT) is hitting all the right notes, say analysts at UBS who have upped their price target on the music streaming platform from $274 to $375 and awarded the stock a ‘Buy' rating. Shares of Spotify were up 5% at about $311 on Friday afternoon, having added about 17% this week on the news it is raising its subscription prices.
- 04/05/2024
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Spotify Jumped 14.1% This Week to Continue Hot Streak
- Spotify is reportedly raising prices in the U.S. to monetize audiobooks. This is part of Spotify's move to "own your ears" and bundle more audio products into one package.
- 04/05/2024
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Spotify plans to raise prices later this year: report
- Listening to Spotify will get more expensive for premium users when the company implements price increases in five non-U.S. markets in April, according to Bloomberg. They will hit the U.S. later.
- 04/04/2024
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Strength Seen in Spotify (SPOT): Can Its 8.2% Jump Turn into More Strength?
- Spotify (SPOT) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
- 04/04/2024
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Fiery Heavy Weights: 3 Hot Growth Stocks to Snap Up in April
- April showers bring not only flowers, but presents an opportunity to capitalize on hot growth stocks to buy in April. The stock market can be unpredictable, but a select few companies consistently demonstrate the potential for high returns.
- 04/04/2024
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Spotify shares rise 8% after report of additional price hikes
- Shares of Spotify Technology SPOT, +8.23% climbed on Wednesday following a report that the company plans to raise prices further in several countries, including in the U.S., as it looks to cover the cost of audiobooks.
- 04/03/2024
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Spotify (SPOT) Higher: Plans to Hikes Prices
- Spotify (SPOT) is trading higher on news of price hikes. Spotify is raising prices in five markets including the U.K., Australia, and Pakistan with U.S. prices to be hiked later this year.
- 04/03/2024
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Three-Stock Lunch: Intel, Lowe's & Spotify
- Brian Vendig, MJP Wealth Advisors president, joins 'Power Lunch' to discuss plays for three stocks, including Intel, Lowe's and Spotify.
- 04/03/2024
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Spotify Is Raising Prices Again in the U.S. and Some Overseas Markets
- The streaming service is looking to offset the cost of its audiobook offering.
- 04/03/2024
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Spotify to Raise Prices, Launch New Music, Book Plans
- Spotify plans to raise the price of its popular audio service in several key markets for the second time in a year, a crucial step toward reaching long-term profitability. Bloomberg's Felix Gillette joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology.
- 04/03/2024
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Spotify Stock Surges on Report It Plans Price Hikes, Subscription Plan Changes
- Spotify Technology (SPOT) shares rose to their highest level since Nov. 2021 on Wednesday following a report that the streaming audio provider will be boosting prices several key markets and changing its subscription plans.
- 04/03/2024
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SPOT Stock Alert: Spotify Is Raising Prices
- Spotify (NYSE: SPOT ) stock is on the move Wednesday on reports that the music streaming company is going to increase prices this year. According to these reports, Spotify is looking to bump up prices for its streaming content by $1 to $2 in 2024.
- 04/03/2024
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Spotify shares up on report it plans to raise prices
- Spotify shares jumped 6% on Wednesday after a report said the company will increase prices for its premium subscription service in the U.S. and other markets.
- 04/03/2024
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Spotify price hike rumours set shares alight
- Spotify Technology SA (NYSE:SPOT) is preparing to hike its subscription prices across all major jurisdictions, according to a Bloomberg report. Sources said the price increases will be between $1 and $2, starting in the UK, Australia and Pakistan, followed by the US later in the year.
- 04/03/2024
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Spotify Stock Jumps on Report It Soon Will Be Raising Prices
- A report says Spotify will increase prices by about $1 to $2 a month in five markets—including the United Kingdom, Australia, and Pakistan—by the end of April, and in the U.S. later this year.
- 04/03/2024
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3 Stocks to Buy From the Prospering Technology Services Market
- The technology services market has thrived post-pandemic due to remote work adoption and advanced tech like 5G, blockchain, AI and ML, fueled by rising data security concerns. APP, SPOT and DUOL have gained from the momentum.
- 04/01/2024
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Why Did Matt Farley Put a Song About Me on Spotify?
- The answer involves a remarkable — and lucrative, and ridiculous — scheme to game the way we find music today.
- 03/31/2024
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As Universal Music-TikTok Fight Continues, Company Sets Expansion Of Strategic Relationship With Spotify
- As its public dispute with TikTok continues, Universal Music Group has set an expanded strategic relationship with Spotify. The new agreement will “further amplify music discovery and social interaction and enhance fan experiences,” the companies said in a joint announcement.
- 03/28/2024
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Plenty of Room for Bull Notes on Rising Streaming Stock
- Subscribers to Schaeffer's Weekend Trader options recommendation service received this SPOT commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry and exit parameters.
- 03/28/2024
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Spotify Growth Potential, Disney Target Raised, Lowe's Downgraded | Top Calls
- Top calls today are Spotify Growth Potential, Disney Target Raised and Lowe's Downgraded.
- 03/27/2024
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Will 2024 Be a Year of 'Electric Eleven'? Tech ETFs to Gain
- As the tech sector evolves, the "Electric Eleven" represents an example of resilience and innovation in the tech space, per Evercore ISI, as quoted in a Yahoo Finance article.
- 03/27/2024
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Chart of the Day: Spotify
- Spotify shares hit their highest level since November 2021 - Ben Lichtenstein breaks down the key levels to watch on the chart. #spotify #technicalanalysis #stocks #investing
- 03/26/2024
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Spotify Technology S.A. to Announce Financial Results for First Quarter 2024
- NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) will post its first quarter 2024 financial results and deck to shareholders on Tuesday, April 23, 2024 before market open. The company will hold a question and answer session to discuss first quarter 2024 financial results at 8:00 am Eastern Time. Management will answer questions submitted via Slido. Questions may be submitted on the day of the call at www.slido.com using the event code #SpotifyEarningsQ124. A live webcast of the e.
- 03/26/2024
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7 Stocks That Are Creating a Buzz on Wall Street
- What a difference a Fed meeting can make. Stocks are again ripping higher after the U.S. Federal Reserve signalled that it still expects to deliver three interest rate cuts this year.
- 03/21/2024
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This Growth Stock Is Beating the "Magnificent Seven": Should You Buy?
- Spotify has grown faster than heavy-duty competitors like Apple or YouTube. The company keeps growing quickly and should be profitable in 2024.
- 03/20/2024
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Spotify paid $9 billion in royalties in 2023. Here's what fueled the growth
- Spotify paid out $9 billion in streaming royalties last year, the streaming giant said Tuesday in its latest "Loud and Clear" report.
- 03/19/2024
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Wall Street's Favorite Growth Stocks? 7 Names That Could Make You Filthy Rich
- Growth stocks are rising, offering stellar gains so far this year. The tech-heavy S&P 500 continues to post new highs, with investors shrugging off inflation concerns.
- 03/18/2024
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1 Warren Buffett Stock Down 26% in 2024. Is It a Buy on the Dip?
- Shares of Berkshire Hathaway, the holding company managed by Warren Buffett, have delivered an average annual return of 19.7% since he took control nearly six decades ago. One of three stocks Buffett acquired in the fourth quarter of 2023 was Sirius XM, the parent company of America's only satellite radio provider.
- 03/17/2024
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Spotify's Bubble Trouble: Why the Music Might Stop for SPOT Stock
- Spotify Technology (NYSE: SPOT ) is in the financial headlines now, but don't get distracted from the main issue. SPOT stock may have rallied too far, too fast, so take profits now, if they have any.
- 03/14/2024
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Spotify Is Testing Full-Length Music Videos
- Music streaming service Spotify is adding full music videos to its platform in about a dozen countries, the company said Wednesday. The feature is available in beta for Premium subscribers across mobile, desktop and TV devices.
- 03/13/2024
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Streaming giant Spotify adds music videos to output
- Music streaming giant Spotify on Wednesday announced it would be posting music videos on its platform in "select markets", entering an arena long dominated by YouTube.
- 03/13/2024
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Spotify Starts Testing Full-Length Music Videos
- Swedish music streaming platform Spotify is testing a new feature that would allow some users to watch full-length music videos on mobile, desktop or TV, offering a new service historically dominated by video streaming platforms like YouTube, and expanding on the platform's existing video features like Canvas and Clips.
- 03/13/2024
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Spotify to test full music videos in potential YouTube faceoff
- Swedish music streaming company Spotify is rolling out full-length music videos in a limited beta launch for premium subscribers, venturing into an arena that YouTube has dominated for nearly two decades.
- 03/13/2024
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Spotify adds music videos in some countries
- Spotify is adding music videos to its mobile and desktop apps in some markets. They are tightly integrated with the company's music library as the streaming giant lets you seamlessly switch between audio and music videos in its mobile and desktop app.
- 03/13/2024
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The Top 7 Growth Stocks to Buy in March 2024
- Growth stocks to buy can potentially redefine your portfolio's performance. Amid a bullish market, savvy investors are pursuing businesses with an unyielding trajectory of top-and-bottom-line expansion.
- 03/09/2024
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Is Spotify Technology (SPOT) Stock Outpacing Its Business Services Peers This Year?
- Here is how Spotify (SPOT) and Trane Technologies (TT) have performed compared to their sector so far this year.
- 03/08/2024
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Spotify to increase subscription price in France to counter new music-streaming tax
- Spotify has revealed plans to increase subscription fees in France, in response to a planned new tax directed at all music-streaming services operating in the country.
- 03/07/2024
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Have $10,000? 3 Elite Growth Stocks to Buy Right Now
- Finding elite growth stocks to buy to outperform the market is a worthy endeavor. These companies can be characterized by their consistent expansion of revenue, earnings and market capitalization.
- 03/06/2024
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Jason and Travis Kelce's ‘New Heights' podcast could be in line for $100 million deal, expert says
- Pro Bowl offensive lineman Jason Kelce retired from the NFL on Monday after 13 seasons with the Philadelphia Eagles, but he will continue his burgeoning career as a podcaster.
- 03/06/2024
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2024 Refresh: 3 Stocks With New Potential After Layoffs News
- Layoffs are, without a doubt, no fun. Massive rounds of layoffs in companies create significant stress and anxiety, and can be expensive to implement with severance costs and payouts that accompany such moves.
- 03/04/2024
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EU slaps Apple with $2B antitrust fine after App Store complaint from Spotify
- The European Commission said the fine, which was larger than most experts expected, was determined to be “proportionate to Apple's global revenues and is necessary to achieve deterrence.”
- 03/04/2024
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Apple slapped with €1.8bn antitrust fine, rift between Spotify intensifies
- The European Commission has fined Apple Inc (NASDAQ:AAPL, ETR:APC) €1.8 billion (£1.5 billion) for imposing anti-competitive practices that prevented Spotify and other music streaming services from directing users outside of its App Store ecosystem. It marks the first time the tech giant has faced an antitrust penalty from the European Union, stemming from a complaint lodged by Spotify in 2019.
- 03/04/2024
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Apple Fined $2B In Spotify Music Streaming Case
- Apple has been fined €1.8B ($1.95B) for breaking antitrust roles in Europe over music streaming. The European Commissioning issued the heavy penalty, Apple's first ever of its kind, after ruling the tech giant had prevented the likes of Spotify from informing consumers about “alternative and cheaper music subscription services” outside of the App Store.
- 03/04/2024
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Best Stock to Buy Right Now: Spotify vs. Sirius XM
- Spotify's stock and revenue are surging, while Sirius XM's performance is stagnant across the board. Sirius XM's profits, while still positive, are on the decline.
- 03/04/2024
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Are You Looking for a Top Momentum Pick? Why Spotify (SPOT) is a Great Choice
- Does Spotify (SPOT) have what it takes to be a top stock pick for momentum investors? Let's find out.
- 02/29/2024
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Bullish on NVDA & Neutral to Bullish on SPOT, DIS
- Walt Disney (DIS), Nvidia (NVDA), and Spotify (SPOT) are today's big three stocks. Jessica Inskip and Ben Lichtenstein discuss these names, as well as their technical trends.
- 02/23/2024
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Apple hits back in Spotify spat as it faces potential €500m EU fine
- Apple Inc (NASDAQ:AAPL, ETR:APC) has hit back at Spotify's long-standing complaint to the EU, accusing the music streaming giant of seeking "limitless" access to Apple's tools without being willing to pay for them. This spat comes amidst a potential €500m EU fine facing Apple over claims of anti-competitive behaviour linked to its App Store rules.
- 02/23/2024
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Apple says Spotify wants ‘limitless' access to its tools without paying
- Tech firm condemns streamer for seeking to overturn its App Store rules as EU judgement is expected
- 02/22/2024
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As possible EC fine nears, Apple claims Spotify is trying to get ‘limitless access' to its tools without paying
- With the European Commission set to rule on Spotify's complaint focused on competition in the streaming music market, there are hints that the ruling will not be in Apple's favor.
- 02/22/2024
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Wall Street Favorites: 7 Growth Stocks With Strong Buy Ratings for February 2024
- Analysts love growth stocks, especially those that continue to register strong earnings growth and dominate the markets in which they compete. In fact, I discuss a few of them below.
- 02/21/2024
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Spotify sounding better to analysts as company tunes into profits
- Spotify Technology S.A. NYSE: SPOT is trading at its best levels since December 2021 on the strength of hardy revenue growth and a return to profitability.
- 02/21/2024
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This stock has risen over 100% since US politician bought it
- The term “insider trading” takes on a different significance for regular investors when they discover that specific traders possess information about stocks or potential government investments that aren't accessible to everyone.
- 02/21/2024
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Apple set to face near €500 million EU fine in Spotify row
- Apple Inc. will face a European Union fine close to €500 million ($539 million) over the regulator's investigation into allegations it silenced music-streaming rivals, including Spotify Technology SA, on its platforms.
- 02/20/2024
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Streaming Platform Spotify Has Upside Potential
- The share price of Spotify Technology SA (SPOT, Financial) has experienced significant volatility since its initial public offering in 2018. Initially priced at $165.90 per share in April 2018, it soared to an all-time high of $334 by February 2021.
- 02/20/2024
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Apple Could Face EU Fine Over Spotify Complaint. Why It's a Big Deal.
- The amount won't have much of an impact on Apple, it does signal that app developers are starting to have some success in challenging the company's App Store rules.
- 02/19/2024
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Jerome Powell on "60 Minutes" & Spotify's Latest
- We also talk about the rise of exchange-traded products tracking Bitcoin.
- 02/13/2024
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Meghan Markle Strikes Deal With Smaller Podcast Distributor After Spotify Agreement Ends
- Meghan Markle struck a new podcast partnership Tuesday with Lemonada Media after Spotify's multi-million-dollar deal with Markle and her husband, Prince Harry, ended last year.
- 02/13/2024
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Recession incoming: Over 100,000 layoffs announced in 2024
- An economic recession could finally be brewing worldwide, as suggested by over 100,000 layoffs in 2024. January's year-over-year (YoY) inflation rate exceeded expectations at 3.1%, as reported on February 13, worsening the scenario.
- 02/13/2024
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Year of the Dragon is a Boon for Wall Street: 5 Growth Picks
- Invest in growth stocks such as Amazon (AMZN), Abercrombie & Fitch (ANF), Cadence Design Systems (CDNS), DHI Group (DHX) and Spotify Technology (SPOT) as the stock market performs well in the Year of the Dragon.
- 02/13/2024
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Sleeping Giants: 3 Tech Stocks Getting Ready to Wake Up
- While some tech stocks snooze, a new wave of innovative players are poised to shake up the industry. These hidden gems operate in sectors experiencing explosive growth, like streaming, e-commerce, and artificial intelligence.
- 02/13/2024
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3 Stocks Cathie Wood Bought Last Week
- Cathie Wood purchased shares of Palantir, Pinterest, and Spotify last week. Palantir and Spotify moved higher after posting quarterly results last week.
- 02/12/2024
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Spotify Is Up 205% Since Jan. 2023: Is the Stock a Buy Today?
- Spotify's music business is growing subscribers even while it raises prices. Its podcast advertising business is struggling but still has potential.
- 02/11/2024
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Can Spotify (SPOT) Run Higher on Rising Earnings Estimates?
- Spotify (SPOT) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 02/09/2024
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3 Stocks Just Hit New 52-Week Highs. Should You Still Be Buying?
- Investors know the phrase “let your winners run,” but it's easier said than done. The temptation to take profits off the table is often too great to ignore.
- 02/08/2024
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SNAP's Q4 Earnings Surpass Estimates, Revenues Rise Y/Y
- SNAP's fourth-quarter 2023 results reflect steady user growth and an increase in Snapchat+ users amid a fall in average revenues per user.
- 02/07/2024
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3 Inspiring Underdogs That Fought Tech Giants and Won
- Roku, Sonos, and Spotify have faced off against Apple, Alphabet, and Amazon -- and won. Roku and Spotify shares more than doubled in 2023, and momentum is strong heading into 2024.
- 02/07/2024
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Spotify Stock Gains on Subscriber Growth and Narrower-Than-Expected Loss
- Spotify Technology's (SPOT) operating loss narrowed for the fourth quarter after the company moved beyond music to audiobook content and paid for staff cuts in a bid to reduce costs. Its shares advanced 3.9% on Tuesday following the earnings news.
- 02/06/2024
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Spotify Stock Gains on Subscriber Growth and Narrower-Than-Expected Loss
- Spotify Technology's (SPOT) operating loss narrowed for the fourth quarter after the company moved beyond music to audiobook content and paid for staff cuts in a bid to reduce costs. Its shares advanced 3.9% on Tuesday following the earnings news.
- 02/06/2024
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Three-Stock Lunch: Eli Lilly, Spotify and Chipotle
- Courtney Garcia, Payne Capital Management senior wealth advisor, joins 'Power Lunch' to discuss three stocks: Eli Lilly, Spotify and Chipotle.
- 02/06/2024
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Everything You Need to Know About Spotify's Blowout Quarter
- Spotify is growing in all the right places.
- 02/06/2024
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Spotify (SPOT) Soars After Big 4Q Subscriber Growth
- Spotify's (SPOT) 4Q adjusted EPS came in at -$0.39 versus an estimated -$0.08 and revenue came in at $3.67B versus an estimated $3.96B. David Carr and David Schulhof discuss Spotify as it soars after posting big 4Q subscriber growth.
- 02/06/2024
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Why Spotify Stock Jumped as Much as 11.4% Today
- User growth continued to be strong at the end of 2024 despite higher prices. Cost cuts are starting to have a meaningful impact on the business.
- 02/06/2024
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7 Surprising Growth Stocks Ready to Crush Earnings Expectations in February
- The biggest growth stocks – Meta (NASDAQ: META ), Amazon (NASDAQ: AMZN ), etc – posted top-tier earnings to kickstart 2024, sending the S&P 500 climbing back to all-time highs. But, of course, a major criticism is that most of the overall market today is held aloft by those same top tech stocks.
- 02/06/2024
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Options Bulls Beat the Spotify Stock Pop
- Subscribers to our Schaeffer's Weekend Trader service scored a 146% profit with our recommended Spotify Technology SA (NYSE:SPOT) April 200 call in just over three weeks.
- 02/06/2024
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Earnings, Fed Speakers Dominate Activity; Lilly Beats, Spotify Misses
- Investors of Lilly (LLY) are responding to the eye-opening efficacy of obesity drugs Mounjaro and Zepbound.
- 02/06/2024
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Spotify Technology S.A. (SPOT) Q4 2023 Earnings Call Transcript
- Spotify Technology S.A. (SPOT) Q4 2023 Earnings Call Transcript
- 02/06/2024
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Spotify (SPOT) Reports Q4 Earnings: What Key Metrics Have to Say
- While the top- and bottom-line numbers for Spotify (SPOT) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 02/06/2024
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Spotify stock: Reversal gains momentum with higher highs in sight
- Spotify Technology's NYSE: SPOT shares rallied solidly in 2023, and the rally is gaining momentum in 2024. The Q4 results reveal most metrics trending at or near record levels and looking favorable going into the year.
- 02/06/2024
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Spotify (SPOT) Reports Q4 Loss, Misses Revenue Estimates
- Spotify (SPOT) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $1.43 per share a year ago.
- 02/06/2024
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Spotify Losses Narrow As User Growth Tops Forecasts In Strong Q4; Stock Pops
- Spotify's losses narrowed and sales rose with user and subscribers additions beating expectations in a strong fourth quarter. The company has shed staff and others costs and sees “revenue and profitability trends both inflecting favorably heading into 2024.” The stock is up more than 6% in pre-market trading on the numbers.
- 02/06/2024
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Spotify shares rally on earnings beat and user growth
- Spotify Technology SA (NYSE:SPOT) shares rallied around 3.5% to €213 after its operating loss for the fourth quarter was better than the company's guidance had initially forecast. Operating losses reached €75 million for the last three months of 2023, building on 2022's €231 million loss.
- 02/06/2024
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Spotify's stock rallies after earnings as user growth brings a positive surprise
- Spotify Technology SA edged past Wall Street estimates Tuesday with its user growth for the latest quarter, helping to send its stock higher in premarket action.
- 02/06/2024
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Spotify Stock Gains on Subscriber Growth and a Narrower-Than-Expected Loss
- Spotify raised prices and cut jobs last year in a bid to boost margins.
- 02/06/2024
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Spotify's monthly user growth, subscribers beat expectations
- Spotify on Tuesday reported fourth-quarter monthly active users and subscribers ahead of expectations as it grew in all regions, and said revenue and profitability trends looked favourable this year.
- 02/06/2024
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Highly Ranked Stocks to Watch as Earnings Approach
- Set to release their quarterly results on Tuesday, February 6, here are several standout stocks that investors will certainly want to pay attention to.
- 02/05/2024
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Spotify Doubles Down on the Joe Rogan Experience
- Rogan did enough for Spotify to earn another huge payday.
- 02/05/2024
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Spotify (SPOT) Continues To Dominate
- Overall, we see Spotify (SPOT) continuing to dominate both Apple Music and Pandora, notes Andy Swan. He looks at consumer happiness with Spotify and previews its earnings which will be reported premarket, tomorrow.
- 02/05/2024
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Spotify (SPOT) to Report Q4 Earnings: What's in the Offing?
- Spotify's (SPOT) fourth-quarter 2023 revenues are likely to increase year over year.
- 02/05/2024
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24 Assets to Invest in for 2024: Part 8
- In Part 7, I spoke about Rivian (NASDAQ: RIVN), Chainlink, and Evolution AB (OTC: EVVTY)
- 02/03/2024
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MNTN CEO Mark Douglas talks Joe Rogan signing $250 million Spotify deal
- Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
- 02/02/2024
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Joe Rogan signs a new deal with Spotify worth up to $250 million: WSJ
- Spotify Technology SA announced a new multi-year deal with comedian and podcaster Joe Rogan on Friday, in a bid to tap into the popularity of his show to drive its advertising revenue. "The Joe Rogan Experience" podcast, which debuted in 2009, has been an exclusive offering on the music streaming platform since 2020, with the company touting it as the most-listened-to podcast globally.
- 02/02/2024
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Spotify signs new deal with Joe Rogan reportedly worth up to $250m
- Rogan's podcast has been exclusive to the app since 2020, with the firm saying its revenue grew by 80% last year compared with 2021
- 02/02/2024
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Top Stock Picks 2024: 3 Media Stocks That Will Shape the Future of Entertainment
- The media landscape is changing dramatically. Cable television and movie theaters continue to lose ground to audio and video streaming, while newspapers and radio struggle to keep up with podcasts, digital newsletters and text alerts.
- 02/02/2024
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Countdown to Spotify (SPOT) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
- Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Spotify (SPOT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.
- 02/01/2024
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Spotify stock's 200% rally just had fresh fuel added
- Despite suffering an 80% drop that only bottomed out a year ago, shares of Spotify Technology S.A. NYSE: SPOT have been undergoing something of a resurgence in the twelve months since.
- 01/31/2024
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Spotify upgraded ahead of expected break-even and years of growth
- Spotify Technology SA (NYSE:SPOT) shares still lots of "room to run", said UBS as it upgraded its rating on the music streaming giant on the back of an expected break-even performance in the second half of 2023. Ahead of earnings from the company on February 6, Spotify's continued focus on improving efficiency is leading to growing confidence from the analysts about management's ability to expand profit margins and improve its overall financial performance.
- 01/30/2024
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Spotify Stock Is on a Tear. Why It Could Climb Higher.
- The audio streaming service's stock has shot up 17% so far this year.
- 01/30/2024
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Market Disruptors: 3 Stocks Changing the Game in Their Industries
- The positive future of the U.S. economy is highlighted by its robust 3.1% GDP growth, which was the strongest among major advanced economies last year. The Fed's confidence in maintaining benchmark interest rates at a 23-year high reflects a healthy economy with strong employment data.
- 01/30/2024
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Spotify (SPOT) Stock Pops on UBS Upgrade
- Spotify (NYSE: SPOT ) stock is up on Tuesday after the streaming company's shares got an upgrade from UBS analyst Batya Levi. That upgrade has the UBS analysts boosting SPOT stock up from a “neutral” rating to a “buy” rating.
- 01/30/2024
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Analyst Has "Increased Conviction" On Spotify Stock
- UBS upgraded shares of music streaming platform Spotify Technology SA (NYSE:SPOT) to "buy" from "neutral" and hiked its price target from $170 to $274 -- a more than 25% premium to last night's close of $218.61.
- 01/30/2024
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5 Stocks That Legendary Firm Baillie Gifford Just Bought and Sold
- Baillie Gifford is a Scottish asset management firm founded in 1908. Today, the firm manages $126 billion in 13F assets under management with a focus on investing in growth stocks for the long term.
- 01/26/2024
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That Spotify Daylist That Really ‘Gets' You? It Was Written by A.I.
- The music-streaming platform's new “daylist” feature serves users three personalized playlists a day, with titles ranging from quirky to bewildering.
- 01/24/2024
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Spotify to Launch In-App Shopping in EU, Enabled by DMA Rollout
- Spotify will launch in-app shopping on iPhones in the European Union (EU) on March 7. This new offering is enabled by the rollout of the EU's Digital Markets Act (DMA), which prohibits the restrictions and 30% fees that Apple currently places on apps offering through its App Store, Spotify said in a Wednesday (Jan. 24) blog post.
- 01/24/2024
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SPOT Stock Jumps as Spotify Starts In-App Purchases
- Spotify (NYSE: SPOT ) stock is getting a boost on Wednesday as it prepares to add in-app purchases to its list of services for customers. This comes as the European Union ( EU ) prepares to put into effect its Digital Markets Act (DMA) law in March.
- 01/24/2024
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Spotify to begin in-app sales on iPhone in Europe after new EU law requires Apple to allow it
- Apple hasn't yet revealed how it will change its software and policies to comply with the new EU law.
- 01/24/2024
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5 Surging Growth Stocks to Buy for 2024
- Last week, I wrote how 2024 would be all about earnings. Corporate fortunes are diverging, interest rates are stabilizing, and 2024 is shaping up to be a year when company performance matters more than big-picture macroeconomic stories.
- 01/23/2024
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Why the Vision Pro headset won't have Netflix, Spotify or YouTube
- Apple's new ‘spatial computing' device is supposedly the most immersive way to watch TV – but major streamers aren't building apps for it. Plus, Facebook's AI god complex
- 01/23/2024
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Apple's Vision Pro Snubbed by YouTube, Spotify, Netflix
- Google's YouTube and Spotify Technology SA have joined Netflix Inc. in not planning to launch new apps for Apple Inc.'s upcoming mixed-reality headset. Bloomberg Intelligence's Mandeep Singh has the details on Bloomberg Television.
- 01/19/2024
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Streaming music is a brutal business. Just ask Spotify.
- Spotify is the most dominant force in streaming music. But streaming music is a really, really hard business to make money in.
- 01/19/2024
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3 Tech Stock Titans That Have 10X Potential by 2030
- Tech stocks can be a great way for investors to achieve outsized returns in the stock market. Over the last decade, there are a number of technology companies that have minted new millionaires.
- 01/19/2024
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Spotify Dominates Audio Streaming, but Where Are the Profits?
- The company has expanded beyond music to stay ahead but has struggled to make money.
- 01/18/2024
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3 Social Media Stocks Capitalizing on Digital Connections
- Social media stocks have recovered nicely from the market downturn in 2022. The Global X Social Media ETF (NASDAQ: SOCL ), which is comprised of 43 stocks, has gained 9.6% in the last 12 months.
- 01/17/2024
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3 Stocks to Bet on for the Future of Streaming
- 2023 was, in many ways, a challenging year for the media industry. With the decline of traditional distribution channels such as physical media, movie theaters, and cable TV, content producers must shift their business models dramatically to adapt to the changing times.
- 01/12/2024
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Spotify Stock Looks Significantly Undervalued
- Spotify demonstrates a strong growth momentum in monthly active users, which is likely to be sustained for longer, considering strong industry tailwinds. The company has a strong financial position with positive free cash flow and substantial cash reserves. The recent restructuring and headcount cut are expected to boost profitability and create value for shareholders.
- 01/12/2024
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Top 5 Technology Services Stocks for a Solid Portfolio in 2024
- We have narrowed our search to five technology services stocks that have popped year to date and have solid upside left. These are: DUOL, PAY, RAMP, PATH, SPOT.
- 01/08/2024
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5 Must-Buy Growth Stocks for Solid Returns in 2024
- We have narrowed our search to five growth stocks that have solid upside left for 2024. These are: CASY, SPLK, META, LII, SPOT.
- 01/08/2024
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Prediction: These Could Be the Best Growth Stocks in 2030
- Spotify has user and price growth at its back for the foreseeable future. MGM Resorts is growing with its core markets and adding Japan to the resort base by 2030.
- 01/05/2024
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3 Unstoppable Stocks to Buy in 2024
- Carnival continues to see strong demand and will benefit from falling interest rates. Chipotle consistently beats the market and should benefit from reduced inflation in 2024.
- 01/01/2024
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2 No-Brainer Growth Stocks to Buy With $250 and Hold for 10 Years
- The S&P 500 is about to make a new high, which seemed unlikely just one year ago. The longer investors stay in the market, the higher their likelihood of generating a profit.
- 12/31/2023
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Spotify, These Tech Leaders Pause After Recent Rallies. These Signs Show There's More Room To Run.
- Spotify and several other tech leaders are pausing bullishly after strong moves. They could be ready to run again in 2024.
- 12/30/2023
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Netflix Has a Great Pricing Model That Spotify Is Following, Says Bull
- KeyBanc analysts bullish on Netflix like that the streaming firm raised prices when engagement rose. They applaud Spotify for similar steps, but see challenges for Match Group.
- 12/28/2023
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Spotify Could Be a 10x Stock Like Facebook. Here's Why.
- Facebook has shown that there's 10x potential in advertising.
- 12/26/2023
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Spotify Withdraws Support From Music Festivals to Protest French Tax
- Spotify has withdrawn its support from two music festivals in France in response to the country's introduction of a new tax that is opposed by music-streaming platforms.
- 12/22/2023
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3 Charts For Investors to Watch Friday: Nike, Spotify, Marathon Digital
- Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to eye.
- 12/22/2023
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Spotify Technology S.A. to Announce Financial Results for Fourth Quarter 2023
- NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) will post its fourth quarter 2023 financial results and deck to shareholders on Tuesday, February 6, 2024 before market open. The company will hold a question and answer session to discuss fourth quarter 2023 financial results at 8:00 am Eastern Time. Management will answer questions submitted via Slido. Questions may be submitted on the day of the call at www.slido.com using the event code #SpotifyEarningsQ423. A live webcast of t.
- 12/22/2023
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Spotify Has ‘Won' the Music Streaming War. The Stock Gets an Upgrade.
- Pivotal Research analyst Jeffrey Wlodarczak upgraded shares of audio-streaming firm Spotify to Buy from Hold.
- 12/21/2023
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Super investors suddenly buying these stocks
- Every time an investing legend invests, you can count on their expertise, experience, and undeniable track record to assume that there is some gold in the name they selected to allocate some of their assets. Whether for piggybacking or learning a valuable lesson, it pays to follow these moves closely.
- 12/20/2023
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3 Stocks to Play the Rise of the Subscription Economy
- The subscription economy is revolutionizing business models, fostering an environment where companies thrive on predictable, high-margin revenues. This innovative approach has seen a meteoric rise in recent years.
- 12/18/2023
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Spotify confirms test of prompt-based AI playlists feature
- Earlier this fall, Spotify was found to be developing a new feature that would allow its streaming app users to create playlists using AI technology and prompts. Now, that “AI playlists” feature has been spotted in the wild, as part of a test that to see how users will respond to AI-driven playlist creation.
- 12/14/2023
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Apple to Be Hit by EU Antitrust Order in Fight With Spotify
- Apple is set to be hit by a ban on its App Store rules that govern music-streaming rivals and a potential hefty fine in the European Union's latest attempt to limit the power of Big Tech. Bloomberg's Mark Gurman joins Ed Ludlow and Caroline Hyde on "Bloomberg Technology.
- 12/13/2023
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Apple reportedly facing potential hefty fine in App Store fight with Spotify
- EU authorities are putting the finishing touches to a decision that would prohibit Apple's practice of blocking music services from pushing their users away from App Store to alternative subscription options, the report said.
- 12/13/2023
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3 Great Foreign Companies to Invest in Right Now
- Based in Sweden, Spotify dominates the music business today. Mercado Libre's headquarters are in Uruguay and the company is a huge player in Latin America.
- 12/09/2023
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The Score: Spotify Technology, CVS Health, Alphabet and More Stocks That Defined the Week
- Here are some of the major companies whose stocks moved on the week's news.
- 12/08/2023
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5 Investors Betting Big on Spotify (SPOT) Stock
- Shares of Spotify (NYSE: SPOT ) stock are surprisingly in the green after the digital music company announced that its CFO, Paul Vogel, would step down on March 31, 2024. Vogel joined Spotify in 2016 after previously working as a managing director at Barclays (NYSE: BCS ).
- 12/08/2023
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Spotify CFO becomes one of thousands departing the streaming service, after selling $9M in shares
- Spotify's chief financial officer will step down next year, according to the music streaming service, just days after it announced its third round of layoffs for 2023.
- 12/08/2023
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Is Spotify Technology (SPOT) Outperforming Other Business Services Stocks This Year?
- Here is how Spotify (SPOT) and SPX Technologies (SPXC) have performed compared to their sector so far this year.
- 12/08/2023
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SPOT Stock Alert: What to Know as Spotify CFO Steps Down
- Spotify (NYSE: SPOT ) stock is in the news Friday as investors in the streaming service react to news of CFO Paul Vogel stepping down from the company. Vogel will be giving up his position as CFO of Spotify when March 2024 rolls around.
- 12/08/2023
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2 Headlines Driving Spotify Stock to Big Week
- Spotify Technology SA (NYSE:SPOT) stock is heading for its best week since Sept.
- 12/08/2023
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Spotify's CFO Paul Vogel announces exit days after company lays off 17% of workforce
- Spotify's chief financial officer will leave the music-streaming giant in the coming months, the company said — just three days after it revealed plans to lay off 17% of its workforce in the third round of job cuts this year.
- 12/08/2023
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Spotify announces CFO to leave, days after he cashed in $9.3m in shares
- Paul Vogel moved to sell stock as shares soared after it was revealed 1,500 jobs would be cut
- 12/08/2023
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Spotify, Broadcom, Lululemon, Docusign, and More Market Movers
- These are the stocks making moves on Friday.
- 12/08/2023
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It's not just layoffs, Spotify's CFO is on his way out too
- It's been a tumultuous week for music-streaming giant Spotify. The company said on Thursday that its CFO Paul Vogel will leave the company in March 2024.
- 12/07/2023
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Spotify Seeks New CFO as Company ‘Enters a New Phase'
- Spotify has announced that it is seeking a new chief financial officer as the company “enters a new phase.” CFO Paul Vogel will leave Spotify on March 31, and the company is now conducting an external search for his successor, Spotify said in a Thursday (Dec. 7) press release.
- 12/07/2023
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3 Best Stocks to Buy as Millennials Ditch Cable for Streaming
- Recent weeks have witnessed a cooling trend in the United States economy. They see this due to the consumer spending, inflation and the labor market decelerating.
- 12/07/2023
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Spotify's Chief Financial Officer Paul Vogel To Step Down In March
- Spotify said chief financial officer Paul Vogel will be leaving at the end of March. The news comes several days after the music streamer announced about 1,500 layoffs, some 17% of its workforce.
- 12/07/2023
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Spotify CFO Paul Vogel is departing
- Spotify Technology S.A. SPOT, +1.05% said Thursday its chief financial officer, Paul Vogel, is leaving March 31, 2024, and the company has launched an external search for his successor.
- 12/07/2023
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3 Tech Stocks With Huge Potential to Be 2024's Big Winners
- While it's impossible to predict the future, there are ways to evaluate stocks and make an educated guess about where their share price might be headed in the near term. Financial results, moving averages and price-earnings ratios can all be assessed to get an idea of a company's health, the valuation of its stock and the pattern in which its shares have been moving.
- 12/07/2023
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Spotify CFO cashes in £7.2m in shares after value surges on news of job cuts
- Price of shares in music streaming service leapt after announcement it was laying off almost a fifth of its workforce
- 12/07/2023
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Spotify Cancels Two Acclaimed Podcasts: ‘Heavyweight' and ‘Stolen'
- The shows will finish out their seasons on Spotify and then have the option to shop their shows somewhere else.
- 12/05/2023
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Bitcoin Rally, Spotify Layoffs | Bloomberg Technology
- Bloomberg's Caroline Hyde and Ed Ludlow break down Spotify's steepest job cuts this year. Plus, Bitcoin tops $42,000 for the first time since April of 2022, and Anduril unveils a tiny, reusable fighter jet to blow up drones.
- 12/04/2023
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Stocks Waver to Begin December: Here's What to Expect
- Periods of low volatility are inevitably followed by periods of high volatility.
- 12/04/2023
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Why Spotify Stock Jumped as Much as 11.5% Today
- Spotify will lay off 17% of its workforce in its third round of job cuts this year. After years of operating at near breakeven on the bottom line, Spotify is trying to get some operating leverage in its business.
- 12/04/2023
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Spotify cuts 17% of staff in third round of layoffs this year
- Spotify (SPOT) laid off 17% off its staff on Monday in a bid to reduce costs and boost margins, sending shares surging. Yahoo Finance anchors Brad Smith and Seana Smith break down the latest development with the company and how it will affect the business going forward.
- 12/04/2023
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Spotify Shares Surge as It Cuts 17% of Its Workforce to Contain Costs
- Spotify Technology (SPOT) shares soared over 7% in early trading Monday as the streaming music service slashed its workforce in its latest effort to cut costs.
- 12/04/2023
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Spotify: Optimism Is Returning
- Spotify's stock has more than doubled on a year-to-date basis, benefiting from interest rate cuts and increased risk-taking by investors. The company has made improvements to its business, including price increases, growth in both ad-supported and Premium listeners, and improved profitability. The bull case for Spotify includes revenue growth from price increases, expansion into non-music content, and potential margin builds and cost savings.
- 12/04/2023
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Spotify Layoffs 2023: What to Know About the Latest SPOT Job Cuts
- Spotify (NYSE: SPOT ) layoffs are in the news as the music streaming company plans to cut 17% of its workforce as part of organizational changes. According to a letter from Spotify CEO Daniel Ek, the layoffs come after the streaming company expanded its team in 2020 and 2021 to take advantage of lower-cost capital.
- 12/04/2023
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Spotify axes 17% of workforce in third round of layoffs this year
- Spotify says it's axing 17% of its global workforce, the music streaming service's third round of layoffs this year as it moves to slash costs while focusing on becoming profitable.
- 12/04/2023
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Spotify Shares Surge In Premarket After CEO Says Firm Is Cutting 1,500 Jobs
- Spotify reported a $70 million profit last quarter.
- 12/04/2023
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Spotify to lay off 17% of its workforce in third round of job cuts this year
- Spotify is laying off 17% of its workforce of roughly 9,000, its CEO Daniel Ek said Monday, marking the third round of job cuts at the music streaming giant this year.
- 12/04/2023
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Spotify to lower its global headcount by 17%
- Spotify Technology SA (NYSE: SPOT) has decided to cut its global headcount by 17%. Its shares are trading slightly up in pre-market on Monday.
- 12/04/2023
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Spotify to cut 17% of its workforce in 3rd layoff this year despite Taylor Swift's success on the platform
- Spotify, the music streaming giant that has seen growth over the past two years, announced its third layoff in 2023, roughly 17% of its workforce.
- 12/04/2023
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Spotify CEO on Layoffs: ‘Our Cost Structure is Too Big'
- Spotify is laying off 17% of its workforce as the streaming audio platform tries to cut costs. “The Spotify of tomorrow must be defined by being relentlessly resourceful in the ways we operate, innovate, and tackle problems,” Daniel Ek, the company's CEO, said in a message to employees Monday (Dec. 4).
- 12/04/2023
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Uber, Coinbase, Spotify, and More Market Movers
- Here are the stocks making moves on Monday.
- 12/04/2023
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Spotify Lays Off Even More Staff. Why It's Being Cautious.
- The cuts are equivalent to about 1,500 jobs and is the third round of layoffs this year.
- 12/04/2023
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Spotify to cut nearly 20% of its workforce despite £55m profit
- Popular music-streaming app Spotify will cut almost a fifth of its workforce despite turning a profit of €65m (£55.7m), according to its latest figures.
- 12/04/2023
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Spotify to lay off 1,600 people as streaming giant looks to cut further costs
- Spotify Technologies SA is set to reduce its workforce by 17%, affecting around 1,600 positions globally as it bids to increase efficiency amid a slowdown in growth. Currently employing 9,300 worldwide, the streaming giant has a workforce of 881 people here in the UK.
- 12/04/2023
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Spotify cuts almost 1,600 jobs amid rising costs
- Music streaming service axes 17% of workforce in latest round of redundancies at big tech companies
- 12/04/2023
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Spotify to lay off 17% of employees — read the full memo CEO Daniel Ek sent to staff
- Music streaming service Spotify is laying off 17% of its workforce, CEO Daniel Ek said Monday.
- 12/04/2023
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Spotify announces third and largest round of layoffs
- Spotify Technology SA on Monday said it plans to reduce head count by 17%, which would mark the third time the audio streaming group has announced layoffs cuts this year.
- 12/04/2023
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Why It Might Be Time to Take Profits on Spotify
- Citi sees risks to the consensus view that paid gross subscriber adds will continue to accelerate.
- 12/01/2023
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Spotify valuations at risk of 'air pocket', says Citi
- Spotify Technology SA (NYSE:SPOT) could suffer from overblown expectations, according to analysts at Citi, who have raised doubts about the music streaming business's ability to sustain growth. Analysts at the bank downgraded the company's stock from ‘buy' to ‘neutral' on Friday, meaning they no longer recommend buying the company's stock.
- 12/01/2023
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The Top 3 Streaming Stocks to Binge On Now
- Streaming has grown exponentially during the COVID-19 pandemic. The consequential shift in consumer behavior made traditional media companies rethink strategy.
- 11/30/2023
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3 Top-Rated Streaming Stocks That Analysts Are Loving Now
- Streaming companies are desirable to most investors because they continue to outpace other forms of entertainment, including cable and radio. There has been consistent growth within these streaming companies, with more and more users looking to take advantage of what they offer in terms of content and convenience from on-demand programming and audio streaming.
- 11/28/2023
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3 Music Streaming Stocks Set to Hit the Right Notes in 2024
- These music streaming stocks should be on your watchlist. What I like about these companies is that their valuations are fair, and many of them have great future prospects.
- 11/27/2023
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Earnings Winners: 3 Stocks Gaining Momentum After Smashing Q3 Results
- The earnings season started in full swing and hasn't disappointed. But it's almost coming to an end and this means it's time to look forward to another impressive quarter.
- 11/22/2023
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Spotify will use Google Cloud AI models to make tailored podcast and audiobook recommendations
- Spotify Technology SA (NYSE:SPOT) plans to use large language models (LLM) in partnership with Google Cloud to identify users' listening habits and make personalized podcast and audiobook recommendations, the company said Thursday. The Swedish music streaming company already uses AI in its music recommendation algorithms.
- 11/16/2023
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Spotify launches podcast ad marketplace in 5 countries
- Music streaming company Spotify on Thursday said it will launch its advertising marketplace for podcasts in five new markets, including Sweden and India.
- 11/16/2023
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Spotify to use Google's AI to tailor podcasts, audiobooks recommendations
- Spotify , on Thursday, expanded its partnership with Google Cloud to use large language models (LLMs) to help identify a user's listening patterns across podcasts and audiobooks in order to suggest tailor-made recommendations.
- 11/16/2023
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3 Tech Stocks For Your November 2023 Watchlist
- Tech stocks to watch this month.
- 11/14/2023
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Artificial Intelligence Could Disrupt This Industry -- And Here's the Company Leading the Charge
- Spotify's AI journey started over a decade ago, well before AI became a mainstream buzzword. The company's AI enhancements include a multilingual podcast translation feature, broadening global accessibility.
- 11/09/2023
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3 Tech Stocks to Sell Before Their Q3 Results Crash and Burn
- The current state of the United States economy is unique due to its continuing recovery from the significant disruptions of the COVID-19 pandemic. As businesses grapple with a more challenging environment, experts anticipate job cuts and reduced spending.
- 11/08/2023
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Spotify Expands Audiobook Offering To U.S. Premium Subscribers – Update
- UPDATED with U.S. debut. Spotify, which last month launched audiobooks in the UK and Australia as part of its offerings for Premium subscribers, has expanded the new business to the U.S. U.S. subscribers will now have access to 200,000 audiobook titles, the company announced Wednesday.
- 11/08/2023
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Buy These 3 Top-Ranked Stocks for High-Growth
- For those interested in the growth investing style, all three of these stocks precisely fit the criteria. And to little surprise, one is being fueled by artificial intelligence excitement.
- 11/06/2023
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Futureproof Your Portfolio: 7 Stocks Destined for Skyrocketing Growth
- The stock market is recovering with solid earnings reports and the decision of the Fed to maintain the interest rate at the same level. While it will have a short-term positive impact on the market, investors who are looking to buy and hold for the long term need to look beyond the current ups and downs.
- 11/06/2023
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Big Tech Earnings, Results From a Couple of Financial Companies, and a Look at Spotify
- We also chat with author Michael Lewis about Sam Bankman-Fried.
- 11/05/2023
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Spotify electrifies on its metrics. Time to buy?
- Global streaming audio platform Spotify Technology SA NASDAQ: SPOT had an impressive third quarter of 2023. Its metrics have improved, and the integration of artificial intelligence (AI) into its platform is making noticeable improvements in its business.
- 11/01/2023
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Spotify: Focus On Profitability Makes Me Positive
- Spotify's growing exposure to podcasting and advertising could improve its profitability in the long term. The company is focusing on cost control and reducing spending on podcast content to improve its gross margin. Spotify aims to achieve a 30% gross margin in the long run through diversifying revenue streams and increasing user engagement.
- 10/31/2023
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AI-Powered Investing: 3 Promising Stocks for 2024
- Stock predictions by AI (artificial intelligence) are becoming more popular with investors. More actively managed ETFs are launching driven by AI.
- 10/31/2023
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Will Wall Street Trick or Treat? 5 Top Picks for Holiday Season
- Although the S&P 500 has entered the correction territory, top-ranked stocks like Spotify Technology (SPOT), PlayAGS (AGS), Potbelly (PBPB), Matson (MATX) and AMC Entertainment (AMC) should outperform in the holiday season.
- 10/30/2023
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3 Growth Stocks to Buy Now to Turn $10,000 Into $100,000 by 2030
- Growth stocks are an excellent way for investors to create generational wealth in the stock market. The world constantly evolves, meaning new companies will continue to emerge to solve its most pressing problems.
- 10/27/2023
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Spotify Stock on a Comeback After Great Earnings Report
- After some bumps in the road, Spotify is back on track.
- 10/27/2023
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Spotify's New Royalty Model Contends With The Age Of Musical Overabundance
- Spotify intends to make major changes to its royalty payout model starting next year to favor professional musicians.
- 10/26/2023
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Spotify's momentum to continue into 4Q as full impact of price increases is realized
- Spotify Technology SA (NYSE:SPOT) has reached an inflection point after returning to operating income profitability in the third quarter, analysts at the Bank of America (BoA) believe. The music streaming platform reported strong third quarter results, topping expectations for revenue, profit, monthly active users and premium subscribers.
- 10/25/2023
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Spotify boss backs UK law in fight against Apple supremacy
- Spotify Technology SA (NYSE:SPOT) boss and founder Daniel Elk believes Apple is unfairly dominating markets like the App Store, a view he claims is shared among other tech entrepreneurs. Elk, who has been on the offensive regarding Apple's behaviour, says tech companies are afraid to stand up to the world's largest company in fear of “retaliation”.
- 10/25/2023
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Spotify Strikes Profit Chord With AI and Price Hikes
- In February, Spotify dropped the beat with its artificial intelligence (AI) DJ — a personalized guide so in tune with the Spotify user and their music preferences that it can effortlessly orchestrate their playlist.
- 10/24/2023
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Spotify Shares Surge After Posting a Surprise Profit on Higher Prices and Cost Cuts
- Shares of Spotify Technologies (SPOT) soared over 9% on Tuesday as the music streaming service posted its first profit in a year and a half on higher prices and cost cuts.
- 10/24/2023
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3 Tech Stocks I'm Growing More and More Bullish On
- Technological breakthroughs continue to dominate the minds and imaginations of investors in the stock market. The rise of AI technology has fueled rapid change, especially in the e-commerce, digital media and fintech industries.
- 10/24/2023
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Spotify Stock Surges 10% After Unexpected Profit
- he Swedish audio streaming giant posted a profit of 65 million euros, its first quarterly profits in a year and a half.
- 10/24/2023
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Spotify price increases rarely impact subscriber churn, says Spotify CFO Paul Vogel
- Paul Vogel, Spotify chief financial officer, joins 'Squawk on the Street' to discuss the company and surprise profit gain.
- 10/24/2023
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Spotify Hit All the Right Notes
- The music streamer's strong subscriber and margin growth following a price hike affirms its position in the industry's value chain.
- 10/24/2023
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Why Spotify Technology Stock Jumped Today
- Lower costs and new features are creating momentum for the leading audio platform. Spotify reported better-than-expected profitability in the third quarter.
- 10/24/2023
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Spotify swings to profit as user numbers grow
- Music streaming giant Spotify on Tuesday said it registered 26 percent growth in active users for the third quarter as it reported a rare quarterly profit.
- 10/24/2023
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Spotify back in profit as subscriber numbers climb
- Spotify posted its first quarterly profit since 2021 as higher prices and subscriber growth boosted revenues by more than expected. Operating income was €32 million in the three months to end September, with €37m forecast for the current three months.
- 10/24/2023
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Spotify Q3 earnings beats estimates, raises 2024 outlook
- Spotify (SPOT) stock pops in early trading on Tuesday after reporting a profitable third quarter, topping margins — reported 26.4% — and subscriber — 574 million monthly active users — estimates. Yahoo Finance Senior Reporter Alexandra Canal joins the Live show to break down Spotify's earnings call, quoting Spotify CFO Paul Vogel's belief that the music streamer is "[feeling] good that we're on a different trajectory.
- 10/24/2023
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Spotify stock jumps 10% as cost-cutting boosts streamer to first quarterly profit in a year
- Spotify raised the prices of its subscription plans earlier this year and has been expanding into podcasts and audio books.
- 10/24/2023
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Spotify (SPOT) Q3 Earnings and Revenues Surpass Estimates
- Spotify (SPOT) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of a loss of $0.20 per share. This compares to loss of $0.99 per share a year ago.
- 10/24/2023
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Spotify turns a quarterly profit as user numbers and ad revenue improves
- Spotify Technology SA (NYSE:SPOT) shares showed a muted response to what appeared to be positive third-quarter financials, in Euro terms. The Swedish music and podcast streamer reported operating income of €32 million, beating forecasts of a €45 million loss, from €3.4 billion of revenue for the three-month period versus expectations pitched at €3.3 billion.
- 10/24/2023
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3 Stocks That Will Benefit as Taylor Swift Mania Intensifies
- In the glitzy realm of music and entertainment, Taylor Swift isn't merely a name; she's a powerhouse, an economic dynamo. Every investor is now searching for the stocks to benefit from Taylor Swift and her massive influence on pop culture.
- 10/24/2023
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Spotify Made a Surprise Profit After Subscriber Boost. The Stock Is Dropping.
- Spotify Technology swung to its first quarterly profit in more than a year after beating expectations for subscriber and revenue growth
- 10/24/2023
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Spotify beats subscriber expectations, but stock drops after earnings
- Spotify Technology SA SPOT, +3.13% topped subscriber expectations for its third quarter, but shares of the music-streaming company were falling about 5% in premarket trading Tuesday. The company reported third-quarter net income of €65 million, or 33 cents a share, whereas it lost €166 million, or 99 cents a share, in the year-earlier period.
- 10/24/2023
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Spotify Stock Could Slip, Say Analysts. The Earnings Report Is This Week.
- TD Cowen analysts initiated coverage of shares of music-streaming platform Spotify at Neutral with a $129 price target.
- 10/23/2023
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5 Large-Cap Stocks to Buy Ahead of Q3 Earnings Next Week
- We have narrowed our search to five large-cap stocks that are set to declare earnings results next week. These are: PKG, GE, SPOT, PCAR, ADP.
- 10/20/2023
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7 Stocks to Cash In on This Little-Known $22.5 Trillion Opportunity
- When it comes to big ideas, investing guru Cathie Wood has more than a few. As the manager of the Ark Invest family of exchange traded funds (ETFs), Wood boldly predicts Bitcoin ( BTC-USD ) will be worth $1.5 million by 2030 and Tesla (NASDAQ: TSLA ) stock will have a $2,000 per share price tag by 2027.
- 10/17/2023
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Spotify Unveils Hub to Let Fans Buy Artist Merchandise
- Spotify said it doesn't want music fans to have to wait for new artist merchandise. The streaming audio platform announced Monday (Oct. 16) that it was adding a dedicated “Merch Hub” to its app to make it easier for listeners to browse and shop for productions from their favorite artists.
- 10/16/2023
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Spotify is launching a personalized in-app Merch Hub
- Spotify is launching a dedicated in-app Merch Hub that provides personalized merch recommendations based on your listening habits, the company announced on Monday. Previously, you could purchase artist merch from individual artist profiles, the Now Playing view, and release pages.
- 10/16/2023
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3 Tech Stocks Primed for a Breakout
- The global economy's momentum has slowed due to various factors like rising interest rates, the war in Ukraine and geopolitical tensions. The recent Israel-Hamas conflict adds more uncertainty.
- 10/13/2023
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Here are 18 stocks I'm watching in the market Thursday, including Chipotle, Target, Nvidia
- Some of the tickers on Cramer's radar for Thursday, Oct. 12, taken directly from my reporter's notebook.
- 10/12/2023
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Spotify's Audiobook Rollout Sparks Fears Of Unfair Payment For Authors—But Some Welcome Competition To Audible
- Authors and agents say they haven't been consulted on deals their publishers made with Spotify, and they fear streaming will reduce their incomes.
- 10/11/2023
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‘We're literally being stolen from, in plain sight': Musicians are tired of venues taking their T-shirt money, and they're fighting back.
- The 28-year-old singer and songwriter, who performs under the name Tomberlin, crafted her 2018 debut album while supporting herself by working at a Verizon VZ, +1.93% store. She has since recorded and released a second studio album and an EP while touring, building up to opening spots in larger venues for well-known acts such as Tegan and Sara.
- 10/09/2023
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Spotify Stock Downgraded on New Audiobook Feature
- Last week, Spotify Technology SA (NYSE:SPOT) announced premium users in the U.K. and Australia will now have 15 hours of free access to audiobooks a month, with the feature soon expanding to the U.S. Redburn Atlantic downgraded the stock to "neutral" from "buy" in response, noting it could force a response from Amazon.com (AMZN) -- the owner of Audible.com -- and increase competition.
- 10/09/2023
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Spotify's New AI Bet Could Be a Game Changer for Podcasting
- Spotify is rolling out an AI voice translator for podcasts. This could help both its own shows and its advertising network.
- 10/08/2023
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Spotify expected to roll out $20-a-month ‘Supremium' tier
- Tech sites were abuzz after blogger Chris Messina authored a post on Threads that included what appeared to be the logo for Spotify's new service.
- 10/06/2023
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Spotify spotted prepping a $19.99/mo ‘Superpremium' service with lossless audio, AI playlists and more
- It looks like Spotify's rumored “Superpremium” offering is gearing up for a launch. According to references discovered in the Spotify app's code by Chris Messina, the Superpremium service now has a flashy logo and a longer list of features beyond the 24-bit lossless audio we've been anticipating.
- 10/06/2023
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All the secret Netflix, Amazon Prime, Apple, and Spotify benefits you get as a subscriber
- Streaming platforms offer benefits that aren't always obvious to subscribers. Netflix, Apple, Spotify, and more have perks that appeal to gamers or those looking for audiobooks.
- 10/05/2023
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Amazon's audiobook monopoly under threat from Spotify
- Though Audible has a stranglehold on the rapidly expanding audiobook industry, Swedish streaming giant Spotify is making moves to muzzle in on Amazon's global monopoly. Spotify has announced that its Premium subscribers in the UK and Australia will now receive 15 hours of complimentary access to audiobooks each month, a feature set to be introduced in the US later this year.
- 10/04/2023
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Spotify ups challenge to Amazon in audiobook push
- Spotify Technology SA (NYSE:SPOT) has announced that its audiobook service will offer well over one hundred and fifty thousand titles premium subscribers at no extra cost. In a move set to see it rival Amazon.com Inc (NASDAQ:AMZN)'s Audible service, Spotify will offer subscribers some 15 hours worth of spoken books per month from a catalogue of over 150,000 titles.
- 10/04/2023
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Spotify to offer more than 150,000 audiobooks as part of premium plan
- Streaming service Spotify Technology SPOT, -2.28% on Tuesday said it would make more than 150,000 audiobooks available to its Spotify Premium subscribers. The company said those audiobooks would be available to premium subscribers in the U.K. and Australia on Wednesday, and begin offering them to those users in the U.S. later this year.
- 10/03/2023
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Spotify to include a selection of audiobooks with its Premium subscription
- Spotify today unveiled what's next for the future of its audiobooks service.
- 10/03/2023
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Spotify Gave Subscribers Music and Podcasts. Next: Audiobooks.
- A year after adding à la carte sales of audiobooks, Spotify is offering paying subscribers 15 hours of books a month.
- 10/03/2023
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Spotify Gave Subscribers Music, Podcasts. Next Up: Audiobooks.
- A year after adding à la carte sales of audiobooks, Spotify is offering paying subscribers 15 hours of books a month.
- 10/03/2023
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Spotify Stock's ‘Darkest Days' Are Ahead, Says Analyst
- Monness, Crespi, Hardt & Co. analyst Brian White downgraded audio streamer Spotify to Neutral from Buy. The stock has doubled this year.
- 09/28/2023
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Spotify adds 'Jam' feature for shared playlist
- Spotify (SPOT) announced its new "Jam" feature which allows premium users to invite other users to add songs to a shared queue. Yahoo Finance's Josh Schafer, Dan Howley, and Pras Subramanian break down the new feature and share their thoughts on its functionality.
- 09/27/2023
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Spotify founder Daniel Ek says there are 3 versions of his friend Mark Zuckerberg: 'The Social Network' Zuck, 'Evil' Zuck, and this new persona we're seeing today
- Spotify's founder says the world has met three different versions of Mark Zuckerberg over the years. There's "The Social Network" Mark, "Cambridge Analytica" Mark and the Mark we're seeing today.
- 09/27/2023
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Spotify rules out ban on AI as voice stealing concerns grow
- Spotify Technology SA (NYSE:SPOT) chief executive Daniel Ek has confirmed the music streaming giant is embracing artificial intelligence as a spat over the technology's impact on the industry rumbles on. Confirming the site would not ban AI-generated songs, Ek backed the use of programs to improve music but said tools that mimicked artists' voices were not acceptable.
- 09/26/2023
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Spotify won't remove all AI-generated music despite previously pulling some AI tracks from the platform
- Spotify isn't planning to completely ban AI-generated content, CEO Daniel Ek told the BBC. Ek told the outlet there were good and bad uses for the technology.
- 09/26/2023
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Spotify is launching an eerie new AI-led feature that mimics podcasters' voices and translates them into different languages
- Spotify is launching a new feature called "Voice Translations" powered by AI including ChatGPT. The feature will replicate the voices of podcasters and translate them into different languages.
- 09/26/2023
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Spotify testing AI-powered translation feature for podcasts
- Spotify Technology is testing an artificial intelligence (AI) powered feature that will translate podcasts into other languages.
- 09/25/2023
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Spotify Will Translate Podcasts Into Other Languages Using AI
- The platform said it would use a new feature from OpenAI that can generate “human-like audio.”
- 09/25/2023
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Spotify will use AI to replicate podcasters' voices and translate them to other languages
- Spotify is translating podcasts into multiple languages with the same original voice
- 09/25/2023
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Spotify Technology S.A. to Announce Financial Results for Third Quarter 2023
- NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) will post its third quarter 2023 financial results and deck to shareholders on Tuesday, October 24, 2023 before market open. The company will hold a question and answer session to discuss third quarter 2023 financial results at 8:00 am Eastern Time. Management will answer questions submitted via Slido. Questions may be submitted on the day of the call at www.slido.com using the event code #SpotifyEarningsQ323. A live webcast of the.
- 09/25/2023
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2 Super Streaming Stocks to Buy Now and Hold for the Long Run
- Whether it's music or movies, the way we enjoy entertainment content has dramatically changed thanks to streaming. While the industry has created enormous value for investors already, there is likely further growth ahead.
- 09/18/2023
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Spotify denies 30-second song royalty hack
- Spotify (SPOT) is rejecting a report that claims that artists can get rich from royalties by posting a 30-second song and replaying the song for 24 hours. Spotify CEO Daniel Ek denied the report, writing on X "that's not quite how our royalty system works.
- 09/16/2023
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Spotify's new Showcase tool lets artists pay to promote their music in the Home feed
- Spotify this week launched a new tool called Showcase that allows artists to promote their work directly in the streaming app's revamped Home feed introduced earlier this year.
- 09/13/2023
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No, it's not possible to make $1,200 a month by posting 30-second tracks on Spotify – steaming giant CEO says
- JP Morgan suggested that users could make over $14,000 a year by gaming Spotify's royalties system. Boss Daniel Ek said the lucrative side hustle wasn't possible as it was "not how our royalty system works.
- 09/12/2023
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Spotify boss denies claim 30-second repeat play trick can make you rich
- Repeatedly listening to your own 30-second track on Spotify won't make you around £960 ($1,200) a month, the streaming giant's chief executive has said.
- 09/12/2023
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Cathie Wood's Buying These 3 Stocks Hand Over Fist
- Cathie Wood recently bought shares of Beam Therapeutics, a clinical-stage drugmaker testing out a new way to edit troublesome genes. Ark Invest also acquired shares of Pacific Biosciences of California, a genetic sequencing company, multiple times this week.
- 09/08/2023
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The 3 Best Streaming Stocks to Buy Now: September 2023
- This year has been a time of reckoning for streaming stocks. The pandemic-induced boom in subscription services has long since passed.
- 09/07/2023
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Spotify Investors Should Note Universal Music's Streaming Move
- Universal Music has struck a deal with a rival of Spotify, and the pact could put artists back at the heart of the music-streaming industry.
- 09/06/2023
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Swedish criminal gangs using fake Spotify streams to launder money
- Investigation claims networks convert illicit cash to bitcoin to pay people who sell false streams on the platform
- 09/05/2023
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Swedish criminal gangs laundering money through Spotify: media
- Criminal gangs behind a surge of bombings and shootings in Sweden in recent years are using fake Spotify streams to launder money, a Swedish newspaper reported Tuesday.
- 09/05/2023
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Spotify cracks down on white noise podcasters that reportedly cost company $38M a year in profit
- As of October 1, white noise podcasters will be ineligible to earn money through Spotify's “Ambassador Ads” program.
- 09/01/2023
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'Queen behaviour': Taylor Swift is first female artist to hit 100 million monthly listeners on Spotify
- Taylor Swift has become the first female artist to reach 100 million monthly listeners on Spotify.
- 08/30/2023
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Song of the summer ‘Ella Baila Sola' isn't in English — and many other Billboard Hot 100 singles aren't either
- It's a catchy pop tune powered by a killer brass solo. So catchy, in fact, that it's been dubbed the song of this summer after being streamed some 367 million times on Spotify.
- 08/25/2023
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Don't Hold Your Breath: 7 High-Profile Stocks With Ridiculous Price Targets
- Overhyped stock picks can be tough to spot because people can get caught up in the possibilities. Let's face it, Wall Street analysts can get a bit exuberant with their forecasts.
- 08/23/2023
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The 7 Most Undervalued Entertainment Stocks to Buy Now: August 2023
- In the vibrant realm of media stocks, the quest for undervalued entertainment stocks has never been more enticing. The entertainment industry has showcased remarkable resilience post-pandemic, promising a rosy growth phase for the sector.
- 08/20/2023
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Why ‘white noise' podcasts are costing Spotify $38M per year in profits
- “White noise” podcasts feature calm and relaxing sounds such as falling rain, crashing waves or just plain static.
- 08/18/2023
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Ray Dalio's Firm Loads Up on Spotify
- Ray Dalio (Trades, Portfolio) is a billionaire investor and the founder of Bridgewater Associates, the world's largest hedge fund. In the second quarter, the firm loaded up on a number of stocks, including Spotify Technology SA ( SPOT , Financial).
- 08/15/2023
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Harley, Spotify, and 8 Other Dead Money Stocks That Are Poised to Come Alive
- Barron's looked at stocks in the Russell 3000 that have done little for the past five years and identified 10 stocks where improving analyst sentiment could signal better days ahead.
- 08/15/2023
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2 Top Stocks to Buy in August
- The markets have rallied strongly, but top names are still selling at discounted valuations. Google parent Alphabet is well positioned for a recovery in the advertising market.
- 08/10/2023
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Spotify Expands Its AI-Powered DJ Globally
- Ziad Sultan, Spotify's vice president of personalization, discusses the expansion of the company's AI-powered DJ to more countries around the world. He speaks with Ed Ludlow on "Bloomberg Technology.
- 08/08/2023
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Spotify Chief Financial Officer to Present at the 2023 Goldman Sachs Communacopia & Technology Conference
- NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) announced today that Paul Vogel, Chief Financial Officer, plans to present at the 2023 Goldman Sachs Communacopia & Technology Conference on Wednesday, September 6, 2023. Mr. Vogel is scheduled to appear at 11:50 a.m. Eastern Time. The webcast will be available live and for replay on the Spotify Investor Relations website at http://investors.spotify.com. About Spotify Technology S.A. Spotify's platform revolutionized music list.
- 08/07/2023
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Top Wall Street analysts are banking on these stocks for solid returns
- TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Meta & Domino's
- 08/06/2023
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Spotify Is Up 84% This Year. Is It Time to Sell?
- Spotify is growing users at the fastest pace in company history. Operating costs have consistently outpaced Spotify's top-line growth.
- 08/03/2023
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Should You Buy Spotify Stock After Its Post-Earnings Drop?
- Spotify is raising prices in most markets. Its margins aren't great because of how much it pays for content.
- 08/03/2023
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Will Spotify Ever Turn a Profit?
- Spotify added a record number of users in the second quarter. The company's operating margin is at its worst level in years.
- 08/02/2023
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2 Popular Tech Stocks Investors Dropped in July
- Companies are in the process of reporting their financial results for the quarter ended June 30. Earnings season tends to produce a surprise or two, but that's not always a good thing.
- 08/02/2023
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How AI Will Change Spotify Forever
- Artificial intelligence is all about efficiency for Spotify.
- 07/31/2023
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3 Extraordinary Breakout Stocks You'll Regret Not Buying on the Dip
- Spotify's massive user base is its greatest asset. PayPal is one of the few bargains left in the wake of the recent tech sector rally.
- 07/30/2023
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Should You Buy the Dip in Spotify Stock?
- Spotify continues subscriber growth, but profitability is not expanding as quickly.
- 07/30/2023
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Spotify Just Raised Prices in the U.S.: 5 Things Investors Should Know
- Spotify is raising prices by about $1 per month in several major markets. The results of the price increase will play out through the last six months of the year.
- 07/28/2023
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Tracks From ‘Barbie' Are Soaring On Spotify Charts—Here Are The Most Popular Movie Songs Of The Last 20 Years
- "Barbie" not only won at the theaters—its signature songs are also winding their way up the music charts.
- 07/27/2023
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Spotify's Number One Business Problem
- Spotify Technology SA ( SPOT , Financial) is among the world's largest music streaming service providers, monetizing its user base through both a paid subscription model, the premium service, and an ad-based model. The ad-supported service has over 500 million users, as per the latest earnings report released earlier this week.
- 07/27/2023
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Why Spotify's Price Increases Are Great News
- Finally, Spotify is raising the prices it charges customers.
- 07/26/2023
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SPOT Stock Alert: Can Spotify Really Rally 28% From Here?
- Spotify (NYSE: SPOT ) stock is on the move Wednesday after Deutsche Bank analyst Benjamin Black upgraded the company's shares after its latest earnings report. The Deutsche Bank analyst upgraded SPOT stock from a “hold” rating to a “buy” rating today.
- 07/26/2023
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Spotify: A Valuation Reality Check Is On The Cards
- After digesting second quarter earnings, I believe Mr. Market is being too harsh on Spotify. The company delivered a decent performance amid macroeconomic challenges. Subscription revenue grew 11% on the back of a 17% YoY subscriber growth, but the company booked a 6% decline in average revenue per user to EUR4.27. Spotify CEO Daniel Ek has repeatedly emphasized the company's strategy of focusing on building scale vs maximizing ARPU growth in the short term.
- 07/26/2023
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Can Spotify Finally Turn a Profit After Raising Prices?
- Spotify is raising premium prices, a rare move that will match competitors. This should help boost revenue per subscriber and potentially move the company closer to turning a profit.
- 07/26/2023
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Spotify Increases Pricing for Premium Subscribers as It Gains Millions More Users
- A premium subscription in the US will cost $11 on Spotify. Over 50 countries will also see prices go up.
- 07/25/2023
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Top stock news July 25, 2023: Spotify shares down, 3M closes day higher, and Disney downgraded to
- Finance Akiko Fujita, Allie Canal, and Brad Smith discuss the latest stock news for Spotify, 3M, and Disney on July 25, 2023.
- 07/25/2023
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Spotify earnings: New revenue streams such as podcasts and audiobooks
- MIDiA Research Managing Director Mark Mulligan spoke with Yahoo Finance anchor Jared Blikre about Spotify earnings, growth, international market, podcasts, audiobooks, and culture.
- 07/25/2023
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Spotify users fuming over subscriptions price hikes: ‘Greedy bastards'
- Spotify users are fuming over the music streamer's recent price hikes, calling the company “greedy” and threatening to cancel their subscriptions. “I'm going back to Apple Music,” one angry user tweeted Tuesday.
- 07/25/2023
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Spotify's Shares Sink as Sales Fall Short, Loss Widens on Efforts to Cut Costs
- Spotify Technologies added a record quarterly number of new users to its streaming music platform, but its loss, sales, and guidance came in worse than expected after its efforts to cut costs, and shares tumbled.
- 07/25/2023
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Why Spotify Stock Dropped 13.3% Today
- User growth blew away expectations with 551 monthly active users. Free cash flow disappointed at only 9 million euros.
- 07/25/2023
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Spotify takes hefty hit from Harry and Meghan podcast flop
- Spotify took a US$34mln hit from the cancellation of the Duke and Duchess of Sussex's podcast series, the streaming service revealed today. Harry and Meghan, the former royal couple, agreed with Spotify to cancel the US$20mln contract last month after failing to meet the productivity after only twelve episodes were produced.
- 07/25/2023
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Spotify stock tumbles on Q2 earnings misses
- Yahoo Finance Senior Reporter Alexandra Canal, Brian Sozzi, and Julie Hyman break down Q2 earnings for Spotify.
- 07/25/2023
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Spotify reports strong user growth, raises prices
- Spotify reported Tuesday a bigger-than-expected rise in active users at the end of the second quarter, a day after the music streaming giant announced price increases for its premium service.
- 07/25/2023
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Tune Into Stocks From the Global Music Industry for Huge Gains
- As music world resonates with growth, savvy investors can play stocks like Spotify (SPOT), Apple Music (AAPL), Amazon Music (AMZN), Sony Corporation (SONY) and Live Nation (LYV).
- 07/25/2023
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Spotify reports big 2Q earnings miss despite strong subscriber growth
- Spotify Technology SA (NYSE:SPOT) has reported a wider second-quarter loss as it incurred additional charges aimed at streamlining its operations and reducing its cost base, sending its shares sharply lower in Tuesday pre-market trading. The results come a day after the Swedish-based music, podcast, and video streaming service increased the price of its subscription service for the first time in its history, saying the move will help it to continue to deliver value to fans and artists on the platform.
- 07/25/2023
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Spotify (SPOT) Reports Q2 Loss, Lags Revenue Estimates
- Spotify (SPOT) came out with a quarterly loss of $1.69 per share versus the Zacks Consensus Estimate of a loss of $0.80. This compares to loss of $0.91 per share a year ago.
- 07/25/2023
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Spotify shares fall on revenue miss and weak guidance
- Spotify released second-quarter results that missed analysts' estimates for revenue and offered weaker-than-expected guidance.
- 07/25/2023
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5 Things to Know Before Markets Open
- GM shares climb as the automaker raises its guidance and cuts costs, while shares of Spotify advance after reporting a growing user base and raising prices on its services. Here's what investors need to know today.
- 07/25/2023
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Spotify Had Its Best Ever Quarter for New Users. Why The Stock Is Falling.
- The music streaming platform's losses widened in the second-quarter as it incurred higher music royalty costs, and felt the impact of podcast cuts.
- 07/25/2023
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Spotify added 36M users in Q2 as MAUs hit a record 552M
- Spotify (NYSE: SPOT), the biggest audio company in the world, published encouraging financial results. The company's total revenue rose by 11% in the second quarter to over €3.17 billion.
- 07/25/2023
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Spotify's stock rallies as company rakes in far more subscribers than expected
- Spotify Technology SA shares SPOT, -4.65% were gaining about 4% in premarket trading Tuesday after the streaming giant easily surpassed subscriber-growth expectations for its latest quarter. The music-streaming company reported a second-quarter net loss of €302 million ($334 million), or €1.55 a share, compared with a loss of €125 million, or 85 cents a share, in the year-earlier period.
- 07/25/2023
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Spotify raises price of premium subscription service
- Spotify is raising the price of its ad-free premium service in more than 50 countries, including the US, UK and Ireland.
- 07/24/2023
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Spotify increases premium price plans as streaming services feel strain
- Change comes after streaming giant attempts to boost margins with layoffs and restructure of podcasting unit
- 07/24/2023
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TikTok takes on Spotify, Apple Music as it expands into music streaming
- TikTok launched its music streaming service in Indonesia and Brazil — its second and third-largest markets — and is testing in Australia, Mexico and Singapore.
- 07/24/2023
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Spotify raises prices a day ahead of its Q2 financial results
- Spotify Technology SA (NYSE: SPOT) says it's premium ad-free subscription will now cost a little bit more. Shares ended about 8.0% down on Monday.
- 07/24/2023
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Trending stocks July 24, 2023: AMC, Spotify, and, Domino's
- Yahoo Finance anchors Akiko Fujita and Allie Canal break down the latest news on the trending stocks for July 24, 2023 including AMC, Spotify, and Dominos.
- 07/24/2023
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Spotify Shares Drop After Raising Prices for Its Premium Subscription Plans
- Spotify shares slid after announcing plans to raise prices for its premium subscription plans Monday.
- 07/24/2023
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These 3 Music Streaming Services Have All Announced Price Hikes. Is Spotify Next?
- YouTube Music, Apple Music, and Amazon Music Unlimited all raised prices in the last year. Spotify's adding millions of subscribers while keeping its subscription price low.
- 07/24/2023
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SPOT Stock Falls 5% as Spotify Hikes Prices
- Shares of audio streaming and media services provider Spotify (NYSE: SPOT ) hit a snag on Monday as management announced price hikes for its premium subscription plans. Primarily, the move aligns with the enterprise's efforts to bolster profitability amid a difficult economic environment.
- 07/24/2023
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Spotify announces first price hikes in its history
- Spotify Technology SA (NYSE:SPOT) has upped the price of its subscription service for the first time in the music streaming group's history. In the UK, a single-account subscription jumped from £9.99 per month to £10.99.
- 07/24/2023
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Spotify Stock Falls After Hike to Premium Prices. Earnings Coming Tuesday.
- Spotify raises its ad-free premium subscription price by $1 to $10.99 a month.
- 07/24/2023
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Spotify is raising its prices. Here's how much you'll soon pay for premium streaming.
- The company confirmed Monday plans to boost the prices of its Premium ad-free options in many markets. Spotify SPOT, -4.66% has long offered its premium individual plan for $9.99 a month, but it's bringing that monthly price up to $10.99 as part of its changes.
- 07/24/2023
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Spotify increases prices for its premium subscription plans
- Spotify on Monday announced it is increasing the price of its Premium subscription offerings.
- 07/24/2023
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Spotify is hiking its prices
- Spotify is the latest streaming service to hike its prices.
- 07/24/2023
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ESPN in talks with sports leagues; Spotify raising prices; Amazon return to office push
- Yahoo Finance anchor Myles Udland reports some of the top financial stories of the day including ESPN in talks with major sports leagues as it looks for partnerships, Spotify raising prices on its premium plan, and Amazon looking to bring employees back to the office in major hub cities.
- 07/21/2023
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Spotify Could Be Increasing Prices Next Week, Report Says
- Spotify is reported to be increasing its monthly price to $11, but there's still no word on its announced Premium tier.
- 07/21/2023
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Streaming's Price Hikes: Spotify Reportedly Raises Cost Of Premium—Joining Netflix, Peacock And More
- Spotify plans to follow Amazon Music, Netflix, Hulu, Max, Peacock and Paramount+ in raising prices over the past 12 months, according to the Wall Street Journal.
- 07/21/2023
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Spotify to raise prices for premium service: WSJ
- Audio-streaming platform Spotify Technology SPOT, -0.40% is planning to raise the price of its ad-free premium service in the U.S., likely by one dollar to $10.99 a month, the Wall Street Journal reported on Friday. The move, which would follow price hikes from other streaming platforms as investors press for profitability, is likely to be announced next week, the Journal said, citing people familiar with the matter.
- 07/21/2023
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Spotify Plans to Raise Price of Premium Plan in U.S.
- Audio company had avoided raising prices, but faces investor pressure to increase profitability.
- 07/21/2023
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5 Technology Service Stocks Poised to Surpass Q2 Estimates
- A financial advisor can help you understand the advantages and disadvantages of investment properties.
- 07/18/2023
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All the hidden Netflix, Prime, Apple and Spotify benefits you didn't know you get as a subscriber
- Many streaming platforms offer benefits that aren't always obvious to subscribers. Netflix, Apple, and more have perks that appeal to gamers, and those wanting to save money.
- 07/15/2023
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Why Tech Stocks Jumped in the First Half of 2023
- An improving economy has led investors to jump back into high-potential tech stocks. Cost cuts made at the start of 2023 could drive higher profitability by the end of this year.
- 07/14/2023
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Wells Fargo boosts Spotify to $250 price target after recent cost cutting measures
- Steven Cahall, Wells Fargo Equity Analyst, joins 'Tech Check' to discuss Spotify as Wells Fargo boosts the stock to a $250 price target.
- 07/14/2023
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3 Meme Stocks That Have Big Investors Running for the Exit
- Companies like GameStop (NYSE: GME ) and AMC Entertainment (NYSE: AMC ) are the face of meme stocks. The attention lavished on their shares at the start of the buying frenzy sent their shares soaring.
- 07/14/2023
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Streaming Stock Could Continue to Climb if Past Is Precedent
- Spotify Technology SA (NYSE:SPOT) is up 1.8% to trade at $160.22 this afternoon, as the broader market waxes and wanes while investors ponder a potential interest rate hike.
- 07/11/2023
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Spotify Drops All Payments Via Apple App Store. Here Are Other Ways to Pay
- Some Spotify Premium subscribers will have to change the way they pay.
- 07/06/2023
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Spotify Blocks Subscribers From Apple in-App Payments
- Spotify says it will stop letting premium subscribers pay via Apple's App Store. As a report by Variety noted in a report Wednesday (July 5), the streaming audio platform hadn't allowed new subscribers to pay through the app store in seven years.
- 07/06/2023
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Spotify is removing App Store payment option for legacy subscribers
- Existing Spotify subscribers who have been paying for the service through Apple's App Store can no longer pay using this payment method. The users paying through that mechanism will be moved to a free account at the end of their current billing cycle.
- 07/06/2023
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Healthcare Firm Neko Co-Founded by Spotify CEO Raises $65 Million
- Swedish medical diagnostics company Neko Health has raised 60 million euros (about $65 million) to expand beyond its borders. The company, co-founded by Spotify CEO Daniel Ek, announced the Series A funding in a Wednesday (July 5) press release, noting that it was the first time it had brought in outside capital.
- 07/05/2023
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Spotify used branding of US Black cultural festival without permission, lawsuit says
- Essence Festival of Culture, held annually in New Orleans, sues corporation, citing its ‘intentional exploitation of Black culture'
- 07/02/2023
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Spotify: Grooving To A Growing User Base
- Spotify Technology S.A.'s user base is rapidly growing, marking its strongest user growth in Q1 since going public. The profitability profile is expected to improve with a steady ramp throughout 2023. Despite challenges in the advertising market, Spotify aims to smooth out and increase its profitability profile.
- 06/26/2023
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Spotify Technology S.A. to Announce Financial Results for Second Quarter 2023
- NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) will post its second quarter 2023 financial results and deck to shareholders on Tuesday, July 25, 2023 before market open. The company will hold a question and answer session to discuss second quarter 2023 financial results at 8:00 am Eastern Time. Management will answer questions submitted via Slido. Questions may be submitted on the day of the call at www.slido.com using the event code #SpotifyEarningsQ223. A live webcast of the.
- 06/26/2023
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2 Beaten-Down Growth Stocks That Could Get a Second Wind From AI
- Upstart's AI-based lending platform is favored by banking partners for its ability to drive greater yields and returns. Spotify is seeing user growth accelerate from the rollout of AI DJ.
- 06/26/2023
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Profiting from the 3rd Wave of the App Economy
- The third wave of the application economy will be driven by the onset of VR headsets and Artificial Intelligence. Because of their partnerships with tech juggernauts, two companies stand to benefit the most.
- 06/23/2023
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Spotify and Broadcom: Strategist's top stock picks, plus stocks investors may want to avoid
- Nancy Tengler, Laffer Tengler Investments CEO and Chief Investment Officer, spoke to Yahoo Finance anchors Akiko Fujita and Julie Hyman about why she like Spotify and Broadcom stocks. Also, Tengler weighed in on why she is staying on the sidelines for, CVS and consumer staples top the list.
- 06/23/2023
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3 Reasons to Love Spotify Stock
- Spotify's bottom line may improve quickly over the next few years.
- 06/23/2023
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Spotify stock has another 25% upside: Wolfe Research
- Spotify Technology S.A. (NYSE: SPOT) has already nearly doubled since the start of the year but a Wolfe Research analyst sees further upside ahead.
- 06/21/2023
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Call Traders Blast Spotify Stock After Upgrade
- Wolfe Research upgraded Spotify Technology SA (NYSE:SPOT) to "outperform" from "peer perform" this morning, citing price increases and growth in advertising that could helping the streaming staple up its revenue.
- 06/21/2023
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Spotify's Uptrend, What Is Really Happening
- Shares of Spotify Technology NYSE: SPOT have been showcasing a recovery uptrend as of the past three quarters, after hitting a bottom during November of 2022 at $69.29 per share, the stock has risen by as much as 123% to reach today's price of above $155.0 per share. The recovery can be attributed to improving fundamentals in the business, alongside a technology industry-wide rally stemming from NVIDIA NASDAQ: NVDA announcing better-than-expected results and outlooks surrounding everything artificial intelligence.
- 06/21/2023
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Spotify reportedly planning a new, more expensive premium tier
- Spotify is planning to introduce a new, more expensive premium tier, according to a report from Bloomberg. Yahoo Finance Reporter Alexandra Canal breaks down what this new premium tier may offer and what it means for the future of the company.
- 06/20/2023
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Spotify introducing new premium tier featuring HiFi audio: report
- Spotify is reportedly finally introducing a new paid subscription tier that will include high-fidelity (HiFi) audio years after the streaming service first announced its intention to add HiFi to its offering back in 2021. According to a Bloomberg report citing people familiar with the matter, the new tier, known as “Supremium” internally, will be the company's most expensive subscription.
- 06/20/2023
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Why Peter Hotez says he won't debate RFK Jr. after weekend of Rogan, Musk taunts
- That's Dr. Peter Hotez, the dean of the National School of Tropical Medicine at Baylor College of Medicine, on MSNBC, explaining why he's turned down a debate on Joe Rogan's podcast with Robert F. Kennedy Jr., who's seeking the Democratic nomination for president and according to the RealClearPolitics average is polling at about 16% in national polls, behind President Joe Biden at 62%.
- 06/19/2023
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The Next Bull Market Might Already Be Here: 2 Sensational Stocks to Buy Now
- The benchmark S&P 500 index is up over 22% from its low point in October 2022. Some Wall Street analysts contend that a 20%-plus rise marks the beginning of a new bull market.
- 06/18/2023
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Hong Kong protest song vanishes from music streaming sites, social media platforms
- HONG KONG — A popular Hong Kong protest song was no longer available Wednesday on several major music streaming sites and social media platforms, after the government sought an injunction to ban the tune.
- 06/14/2023
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Spotify Stock Is Set to Explode
- If Spotify's growth continues, this could be a great stock as costs get under control.
- 06/12/2023
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Up Almost 100% This Year, Is It Time to Sell Spotify?
- Spotify has put up some impressive growth numbers but is still losing money. Shares could still be higher five years from now if the company keeps growing and expands its margins.
- 06/09/2023
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Tips And Tricks For Pitching Your Music To Spotify's Editorial Playlists
- By following the rules and guidelines set by Spotify, you can optimize your chances of getting your music selected for inclusion in curated playlists.
- 06/07/2023
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2023 Media Layoffs: Spotify Lays Off 200 Employees As Bustle Cuts Staff
- Several media companies have slashed staff this year.
- 06/07/2023
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Spotify Podcast Layoffs Will Affect Gimlet and Parcast Workers
- Spotify said it was cutting 2 percent of its work force and absorbing two popular podcast studios, Gimlet Media and Parcast, into Spotify Studios.
- 06/06/2023
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Is It Too Late to Buy Spotify Stock?
- Consumers are increasingly willing to pay for premium audio subscriptions. Spotify has capitalized on this secular trend and now has over 210 million subscribers.
- 06/06/2023
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Buying Fake Streams On Spotify May Seem Like A Good Idea — Here's Why It's Not
- While it may seem like a tempting idea at first, the consequences of this deceitful practice far outweigh any perceived benefits.
- 06/06/2023
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5 Things to Know Before Markets Open
- Apple gets an analyst downgrade after the release of its pricey headset and TSMC warns of slowing capital expenditures. Here's what investors need to know today.
- 06/06/2023
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Spotify trimming more workers after laying off 6% in January
- Spotify has revealed it will further reduce its headcount, with about 2% of its workers getting laid off. The company attributed the layoffs to it changing its podcasting approach.
- 06/05/2023
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Spotify plans to lay off 200 employees from podcast division
- Yahoo Finance's Allie Canal, Josh Schafer and Akiko Fujita report on Spotify's decision to lay off 200 employees in the podcast division and what this move will mean for Spotify's listeners and its relationships with A-list celebrities.
- 06/05/2023
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Spotify Layoffs 2023: What to Know About the Latest SPOT Job Cuts
- Audio streaming and media services provider Spotify (NYSE: SPOT ) announced a headcount reduction on Monday. According to a press release by Sahar Elhabashi, Spotify's Vice President, Head of Podcast Business, the cuts will impact approximately 200 people or 2% of the company's workforce.
- 06/05/2023
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3 Hot Stocks That Will Only Get Hotter
- The stock market is showing some signs of life, with the tech sector enjoying a significant rally in 2023. The rise of the artificial intelligence theme has driven a lot of trading action.
- 06/05/2023
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Spotify cuts 200 jobs within its podcasting unit
- Spotify is laying off 200 employees from its podcasting unit, amounting to 2% of the audio streaming company's global workforce.
- 06/05/2023
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Spotify will lay off 200 employees as it shakes up podcast strategy
- Spotify Technology SA plans to lay off about 200 employees, or roughly 2% of its workforce, as it shifts its strategy around podcasts.
- 06/05/2023
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Spotify to cut 200 staff working with podcasts
- Swedish music streaming giant Spotify said Monday it will cut some 200 positions, equalling two percent of its workforce, as it slims down its internal podcast operations.
- 06/05/2023
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2 Under-the-Radar Tech Companies That Will Benefit From the AI Boom
- New AI tools could revolutionize digital consumer services this decade. Match Group and Spotify are both poised to take advantage of these innovations.
- 06/05/2023
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Spotify will cut 200 jobs in its podcast unit
- Just a few months after announcing a significant wave of layoffs, Spotify plans to conduct another round of layoffs. This time, the job cuts will affect the podcast division as part of a corporate reorganization.
- 06/05/2023
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Spotify lays off 200 employees, or about 2% of its workforce
- The streaming company said the layoffs were part of a pivot towards a more tailored partnership approach with podcast creators.
- 06/05/2023
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3 Reasons Long-Term Investors Should Hit Play on Spotify
- Spotify is adding a lot of new listeners, especially young people in emerging markets. There's plenty of room to improve monetization with price hikes and advertising.
- 05/26/2023
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According to Bill Simmons, Spotify's Advertising Is Getting an AI Boost
- AI could do ad reads in the near future.
- 05/23/2023
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Spotify may use AI to make host-read podcast ads that sound like real people
- With Spotify's AI DJ, the company trained an AI on a real person's voice — that of its head of Cultural Partnerships and podcast host, Xavier “X” Jernigan. Now, the streamer may turn that same technology to advertising, it seems.
- 05/23/2023
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That podcast ad you're listening to may soon be AI. Spotify is reportedly developing bots to mimic your favorite hosts.
- Bill Simmons, founder of The Ringer, hinted at Spotify's future AI plans. He said that the streaming service is working on technology for AI-generated ads.
- 05/22/2023
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Bumble users can share their favorite artists with new Spotify feature
- Since 2016, Bumble members could link their Spotify account to their profile. Now, the dating app is enhancing the integration.
- 05/16/2023
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Spotify expands AI-powered DJ feature to UK and Ireland
- Spotify is launching its AI feature called “DJ” for premium customers in the U.K. and Ireland. The feature is aimed at music discovery and it plays curated music with AI-powered commentary in English.
- 05/16/2023
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Judge calls Block's purchase of Tidal ‘a terrible business decision,' but rejects shareholder lawsuit
- DOVER, Del. — A Delaware judge has dismissed a shareholder lawsuit against financial technology company Block Inc. over its 2021 acquisition of majority ownership in Tidal, the music streaming service partly owned by rapper Jay-Z.
- 05/09/2023
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New Media vs. Old Media: Winners & Losers
- Mainstream Media “Shake-Ups” Gain Momentum
- 05/02/2023
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Spotify-owned Findaway Voices eliminates distribution fee for audiobooks on the streaming service
- Spotify and Findaway announced today that Findaway Voices, an audiobook distributor for independent authors, is eliminating its 20% distribution fee for audiobooks purchased on Spotify. The streaming service acquired digital audiobook distributor Findaway back in November 2021.
- 05/01/2023
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Reviewing Stock Samplers With "Rule Breaker Investing"
- How have the stocks in "5 Stocks for the Coronavirus" and "5 Stocks to Teach You Rule Breakers" been doing?
- 04/29/2023
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Spotify Keeps Beating Expectations. Is It Time to Buy?
- Spotify reported first-quarter earnings on April 25. Analysts up and down Wall Street raised price targets on the stock in response to a record-breaking quarterly addition of new users.
- 04/29/2023
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Spotify Is Growing Users at a Record Rate: Should You Buy the Stock?
- Spotify added a record number of users and subscribers in the first quarter. The company is not generating a profit and is struggling to expand its margins.
- 04/28/2023
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Spotify investigating issues after reports of outage
- Spotify Technology said on Thursday it was investigating some issues with its web page, following reports that the audio streaming platform was down for thousands of users.
- 04/27/2023
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Spotify Shocks With Enormous User Growth
- User growth is the first step in long-term revenue growth.
- 04/26/2023
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Why Spotify Stock Popped Today
- Spotify delivered a Q1 report Tuesday morning that missed on sales and earnings -- but its stock still rose strongly. Spotify continued to grow both users and revenues, but profits remained elusive.
- 04/25/2023
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Spotify CEO says AI progress is both “really cool and scary,” may pose risk to creative industry
- In its first-quarter earnings call, streaming music service Spotify talked in more detail about how AI advances are impacting its business. On the positive side, the company offered an update on the user adoption of its new AI DJ feature, which offers personalized music selections introduced by a realistic-sounding DJ voice powered by AI.
- 04/25/2023
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Spotify Q1 earnings: What's boosting investor sentiment
- Yahoo Finance's Allie Canal joins the Live show to discuss quarterly key takeaways from Spotify earnings.
- 04/25/2023
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Spotify ‘represents a great portfolio of products,' strategist says
- Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence.
- 04/25/2023
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Spotify Technology S.A. (SPOT) Q1 2023 Earnings Call Transcript
- Spotify Technology S.A. (SPOT) Q1 2023 Earnings Call Transcript.
- 04/25/2023
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Spotify Sees Monthly User Numbers Jump 22% in Q1
- Spotify's revenues climbed in its strongest-ever first quarter, driven by an uptick in paying subscribers. The streaming audio platform's 22% increase in monthly active users was fueled by “higher reactivations, improved retention and marketing efficiencies,” the company said in its earnings report Tuesday (April 25).
- 04/25/2023
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Spotify stock rises on Q1 earnings, monthly active users surpass estimates
- Yahoo Finance Live anchors Brad Smith and Julie Hyman discuss the rise in stock for Spotify following first-quarter earnings.
- 04/25/2023
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Spotify CEO Daniel Ek Says Company Will Be “Very Diligent” In Assessing Further Podcast Investments As Talent Deal Renewals Loom
- Spotify CEO Daniel Ek says the streaming audio giant is going to be “very diligent” in assessing future investments in podcasting as several of the company's rich talent deals come up for renewal.
- 04/25/2023
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Spotify (SPOT) Reports Q1 Loss, Lags Revenue Estimates
- Spotify (SPOT) came out with a quarterly loss of $1.24 per share versus the Zacks Consensus Estimate of a loss of $1.01. This compares to earnings of $0.24 per share a year ago.
- 04/25/2023
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Spotify sees monthly users jump in 1Q but revenue disappoints
- Spotify shares moved higher in pre-market trading after the Stockholm, Sweden-based streaming platform unveiled a higher-than-expected jump in user numbers with the release of its first quarter 2023 financial results. Monthly active users grew 22% year-over-year from 422 million to 515 million, 15 million above Spotify's guidance.
- 04/25/2023
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Spotify now has more than 500M users
- Spotify now has 515 million monthly active users (MAUs), representing a 5% increase on the previous quarter and 22% increase on the corresponding period last year.
- 04/25/2023
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First Republic stock tanks, UPS shares weaken while Spotify and GM shares gain
- These were the most active stocks in premarket U.S. trade on Tuesday, as investors confronted a wave of earnings reports.
- 04/25/2023
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Spotify Crushes Forecasts For New Subscribers, Total Listeners
- Streaming music leader Spotify Technology smashed expectations for new subscribers and total listeners in the first quarter. The post Spotify Crushes Forecasts For New Subscribers, Total Listeners appeared first on Investor's Business Daily.
- 04/25/2023
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Spotify Swung to a Loss and Missed Revenue Guidance. Why the Stock Is Rising.
- Spotify reported a loss of €1.16 a share for the first quarter and revenue growth disappointed but subscriber numbers were better than expected.
- 04/25/2023
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Spotify's monthly active users rise above 500 million, beats estimate
- Spotify Technology SA on Tuesday reported first-quarter monthly active users that crossed the half billion mark for the first time helped by the music streaming company's expansion into more markets.
- 04/25/2023
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Spotify stock moves higher as subscriber numbers beat expectations
- Shares of Spotify Technology SA SPOT were moving 4% higher in Tuesday's premarket action after the music-streaming company topped subscriber expectations for its latest quarter, though it posted a wider net loss than analysts were expecting. The company generated a first-quarter net loss of €225 million ($248 million), or €1.16 a share, whereas it posted net income of €131 million, or €0.21 a share, in the year-earlier quarter.
- 04/25/2023
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Should You Buy Spotify (SPOT) Ahead of Earnings?
- Spotify (SPOT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 04/24/2023
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PTC Set to Report Q2 Earnings: Here's What You Should Know
- PTC Inc PTC is slated to report second-quarter fiscal 2023 results on Apr 26. The Zacks Consensus Estimate for revenues is pegged at $538.4 million, suggesting growth of 6.6% from the year-ago quarter's reported figure.
- 04/24/2023
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Xaviar ‘X' Jernigan, the voice of Spotify's DJ, explains what it's like to become an AI
- In March, Spotify launched its first AI-powered feature with the debut of its AI DJ — a smart audio guide with a convincingly realistic voice.
- 04/21/2023
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Your BeReal posts can now include what you're listening to on Spotify
- Spotify is launching a new integration with BeReal that lets users include what they're listening to on Spotify in their BeReal post. BeReal encourages users to take a photo everyday at a random time with their front and back camera in order to show an authentic version of themselves.
- 04/19/2023
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Buy Spotify, Analyst Says. New Survey Shows Reasons for More Gains.
- The service's strong survey results might give the company the ability to raise prices in the future, an analyst says.
- 04/18/2023
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Spotify expected to report drop in earnings on higher revenue for 1Q
- Spotify is expected to post a year-over-year drop in earnings when the music streaming giant posts its first quarter 2023 financial results before the market open on Tuesday, April 25. Analysts, on average, expect Spotify to post a loss per share of €1.04 for the quarter, compared to earnings per share of €0.21 in the first quarter of 2022.
- 04/18/2023
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Spotify (SPOT) Expected to Beat Earnings Estimates: Should You Buy?
- Spotify (SPOT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/18/2023
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Name-that-tune game Heardle dropped by Spotify after a year
- Heardle, the name-that-tune game inspired by the Wordle craze, is being dropped by Spotify less than a year after the music-streaming giant acquired it.
- 04/16/2023
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Some bad news if you play Heardle - Spotify says it's shutting the game down
- Spotify has announced it is dropping Heardle - the name-that-tune game inspired by Wordle.
- 04/15/2023
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SNAP Expands Sounds Library With New Music Licensing Deals
- SNAP signs multiple licensing deals with music labels to expand its Sounds library, the social app's product that lets users use song clips in Snaps and Stories.
- 04/14/2023
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Spotify is shutting down Heardle, the Wordle-like music guessing game it bought last year
- Spotify is closing down Heardle, the Wordle-inspired music guessing game it acquired last July for an undisclosed sum. Similar to Wordle, Heardle offers players six tries to guess a popular song — but instead of typing in different letters to form words, players listen to a song's intro to guess the artist and title.
- 04/14/2023
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Spotify introduces an iPhone Lock Screen widget for easy access to its app
- Spotify is embracing the iOS Lock Screen. The company announced today it's introducing a new iPhone Lock Screen widget to all users running iOS 16 or later that will allow them to tap on Spotify's icon to launch the app directly before unlocking their phone.
- 04/13/2023
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Spotify introduces new tech for turning radio broadcasts into podcasts
- Spotify today is introducing new technology that will give radio broadcasters the ability to turn their existing audio content into podcasts, or what it's calling “broadcast-to-podcast.
- 04/13/2023
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Strava launches integration with Spotify to let users listen to content while tracking activities
- Strava, the activity tracking and social community platform used by more than 100 million people globally, has announced a new in-app integration with Spotify. The integration allows users to easily access music, podcasts and audiobooks from the Strava app while tracking activities.
- 04/12/2023
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Love Fintech Stocks? This Dutch Payments Giant Should Be at the Top of Your Watch List
- Adyen is one of the leading payments processors around the globe. The company has better payment authorization rates than competitors, leading it to win contracts from large clients.
- 04/04/2023
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Spotify is shutting down its live audio app Spotify Live
- Spotify is shutting down its live-audio app Spotify Live, a spokesperson for the company confirmed to TechCrunch on Monday. The company says it will continue to explore live features on its main platform.
- 04/03/2023
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2023 Media Layoffs: ABC News, Spotify And Salem Media Announce More Cuts
- The paper is scheduled to close Friday.
- 04/01/2023
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Spotify Introduces Niche Mixes, Another Way For Users To Discover New Music
- Spotify is creating "tens of thousands" of playlists to help users discover new music while listening to some old favorites.
- 03/30/2023
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Spotify is testing new card-style user profiles focused on discovery
- At Spotify's Stream On event this month, the company introduced a redesigned app with TikTok-like discovery feeds, an AI DJ, and other tools for artists and podcasters. But the app's changes may not be stopping there.
- 03/29/2023
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3 Segments of Software Set to Soar
- After a rough 2022, software stocks have come back with a vengeance in 2023. Currently, many fundamentally sound companies are setting up in constructive technical patterns.
- 03/29/2023
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Spotify debuts “Niche Mixes” you can build based on description alone
- Spotify launched a new feature today called Niche Mixes that lets you create your own personalized mixes based on just a few words of description in the Search tab. For instance, you could type in an “activity, vibe or aesthetic,” the company notes, then append the word “mix” to generate the custom playlist.
- 03/28/2023
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Spotify Technology S.A. to Announce Financial Results for First Quarter 2023
- NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) will post its first quarter 2023 financial results and deck to shareholders on Tuesday, April 25, 2023 before market open. The company will hold a question and answer session to discuss first quarter 2023 financial results at 8:00 am Eastern Time. Management will answer questions submitted via Slido. Questions may be submitted on the day of the call at www.slido.com using the event code #SpotifyEarningsQ123.
- 03/27/2023
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Spotify brings its new audiobooks service to Canada
- Spotify's still relatively new audiobooks service is expanding to Canada, the company announced today, bringing the experience to both English and French-speaking customers. Launched last fall, Spotify initially debuted audiobooks to U.S. users only with a catalog of some 300,000 titles.
- 03/21/2023
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3 Unstoppable Growth Stocks to Buy if the Stock Market Sells Off
- Long-term investors should always have a shopping list of stocks on hand. When the market dips, they should gobble up those names on the dip.
- 03/19/2023
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3 Factors Behind Spotify's Massive Listener Growth
- Spotify added more than 80 million new listeners in 2022. There are three main sources of that listener growth.
- 03/17/2023
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TikTok Clones: How Spotify, Instagram, Twitter And More Are Copying Features Like The ‘For You' Page
- Amid TikTok's explosion in popularity, other social media platforms are trying out their own versions of its signature features.
- 03/13/2023
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Spotify's new ‘DJ' feature is the first step into the streamer's AI-powered future
- Spotify has bigger plans for the technology behind its new AI DJ feature after seeing positive consumer reaction to the new feature. Launched just ahead of the company's Stream On event in L.A.
- 03/13/2023
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Spotify's refresh isn't going down well - why are so many apps going for the same look?
- Spotify is preparing to roll out what it's hailed as the "biggest evolution" to its popular music streaming app to date.
- 03/11/2023
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These 3 Tech Stocks Are Building the Future
- Spotify is digitizing the audio market. Match Group is digitizing the dating market.
- 03/11/2023
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Spotify's Head Of Music Jeremy Erlich Talks All The Changes Coming To The Streamer
- "We believe in the song, we believe in the album, and we believe in the artist."
- 03/10/2023
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Spotify's new TikTok dance unlikely to immediately boost financials, analyst says. But others see profits — and price hikes — ahead
- Many musicians are struggling to manage life on the algorithm. But Wall Street, at least, liked what it saw on Wednesday, as audio streaming service Spotify Technology introduced more TikTok-esque sweeteners to its platform.
- 03/09/2023
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Did Humanizing The Technology Experience Help Spotify Surpass Half A Billion Listeners?
- Spotify's now 500 million users experience the balance between algorithmic-powered recommendations and clearly organized and easily searchable content when they interact with product – core reminders that a human is behind each touchpoint.
- 03/09/2023
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Spotify is integrating TikTok-style video feeds to help users discover new music, and Canaccord analysts dig it
- Spotify unveiled significant changes to its app at its Stream On event Wednesday, including a new TikTok-esque scrolling discovery feed for music and video, Canaccord analysts are on board with the refresh, prompting the firm to reiterate its ‘Buy' rating and $150 price target. “These announcements underscore the company's purported goal of evolving into a platform for multiple content types, and with solid ongoing execution, we think these efforts should support strong growth and improving profitability over time,” analysts said.
- 03/09/2023
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5 Important Numbers From Spotify's Annual Music Royalties Report
- Spotify has now paid out nearly $40 billion in royalties, and it is now reportedly responsible for up to 20% of all global recorded music revenues.
- 03/09/2023
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Spotify Technology S.A. (SPOT) Presents at 2023 Morgan Stanley Technology, Media and Telecom Conference (Transcript)
- Spotify Technology S.A. (NYSE:SPOT ) 2023 Morgan Stanley Technology, Media and Telecom Conference March 8, 2023 5:05 PM ET Company Participants Paul Vogel - CFO Conference Call Participants Benjamin Swinburne - Morgan Stanley Benjamin Swinburne All right.
- 03/08/2023
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Spotify CFO Paul Vogel On The “Real Positive” Of The Company's Recent Layoffs, Its Current Podcast View, Rivalry With Apple And Outlook For A “Choppy” Economy
- Spotify CFO Paul Vogel said the company's decision several weeks ago to cut 6% of its global workforce was a “a real positive” in terms of the company being willing to take a hard look at its operations and “evolve.
- 03/08/2023
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Markpilier Joins Spotify's Video Podcasting Slate
- Markpilier is making his way to Spotify to expand their video podcast offerings.
- 03/08/2023
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Spotify's Stream On Updates Event: Here's What's Coming To The Streaming Music Platform In 2023
- Here are all the updates coming to Spotify, according to the company itself.
- 03/08/2023
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Spotify is revamping its podcaster tools, including Anchor, and is partnering with Patreon
- In addition to news related to its mobile app's revamp and the introduction of TikTok-style music and podcast discovery feeds, Spotify today announced podcast-focused news at its Stream On event in LA this morning.
- 03/08/2023
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Spotify introduces Countdown Pages and its own Stories feature
- It's not just TikTok Spotify is taking inspiration from with its app's redesign, the company also announced today new features inspired by YouTube and other social platforms, like Instagram and Snapchat. One new feature, Spotify Clips, will allow artists to add 30-second videos to their artist profiles — effectively, Spotify's own Stories feature.
- 03/08/2023
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Spotify debuts new new growth and discovery tools for artists, merch and live events
- At Spotify's Stream On event today, the company introduced new tools to help artists on the streaming service build an audience and grow.
- 03/08/2023
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Spotify listeners cross half a billion mark
- Spotify Technology SA said on Wednesday it would roll out new features like smart shuffle and previews of podcasts and music playlists on its audio streaming platform, as it crossed 500 million in monthly active listeners.
- 03/08/2023
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The Next FAANG: The SUV Driving Future Growth
- FAANG was coined based on companies who were/are present in everyday life. Now that 10 years has passed since FAANG was born, it's time to look at what the next group may look like.
- 03/07/2023
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Last night AI DJ saved my life? Testing Spotify's virtual radio host
- A male voice offers ‘commentary' as the service curates a stream of songs I've heard before. Do I really need this?
- 03/02/2023
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VW's software unit Cariad launches app store to bring Spotify, Tiktok and hundreds more to vehicles
- Dozens of apps including Spotify, Amazon Music, Tiktok and gaming hubs Vector Unit and FRVR are headed to VW Group brands, beginning with Audi thanks to a new app store launched by its software subsidiary Cariad.
- 03/01/2023
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Spotify Says Payments Choice Critical to Growing Global Streaming Market Share
- A successful payment is music to the ears of consumers and corporations involved in streaming entertainment, so for global brands in the space, there's no tuning out on the payments piece.
- 03/01/2023
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Magic Eraser comes to more devices, Spotify gains an AI DJ, and Netflix decreases prices
- It's Friday (or should I say, Fri-yay.) You've made it.
- 02/25/2023
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Spotify releasing artificial intelligence DJ in two countries
- Spotify is adding an artificial intelligence DJ for certain listeners, the audio streaming service announced Wednesday in a press release.
- 02/24/2023
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AI Stocks Are Soaring
- Far before February sparked the current artificial intelligence (AI) mania, people had been both waxing poetic about the technology as well as doom-saying an AI-filled future. AI is the subject of countless sci-fi movies, prompting conversation around whether it's a worthy ethical pursuit.
- 02/24/2023
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Spotify and YouTube Use AI to Take on Radio. It's a Challenge for SiriusXM, iHeartMedia.
- The companies are expanding services driven by algorithms and generative AI as the presence of artificial intelligence in the world of music streaming increases.
- 02/24/2023
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SPOT Stock Enters the AI Race With Spotify ‘DJ' Feature
- Companies across the market are in a frenzy right now. Just like we saw last year with crypto, companies are now furiously looking to implement artificial intelligence (AI) into their products.
- 02/23/2023
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Spotify launches "token-enabled playlist" for select NFT holders
- (Kitco News) - Spotify has announced a new pilot test for blockchain-powered “token-enabled playlists” that allow users who hold select NFTs to access a list of curated music.
- 02/23/2023
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Spotify is testing playlists that could be unlocked by NFT holders
- Unlocking exclusive access has been a long-held promise of a lot of NFT-based communities. And now, Spotify is helping some of them realize that claim with token-gated playlists.
- 02/23/2023
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Spotify: Product Expansion Represents An Opportunity
- The impact of a volatile macro environment on Spotify should be fairly limited due to their sticky subscription revenue. This now appears to be priced into the stock though. It is too early to say how beneficial Spotify's product expansion efforts will be, but given Spotify's valuation, they represent an upside opportunity rather than a downside risk.
- 02/20/2023
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Ron Baron Slashes Spotify, Amazon in 4th quarter
- Baron Funds recently released its 13F portfolio updates for the fourth quarter of 2022, which ended on Dec. 31.
- 02/20/2023
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Twilio's Layoffs, Spotify's Strategy, and Super Bowl Ads
- Bloomberg entertainment reporter Lucas Shaw joins the podcast to talk about Spotify.
- 02/18/2023
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7 Stocks to Buy for the Future of Streaming Media
- Streaming media stocks gained tremendously in value during the pandemic years. For instance, shares of streaming giant Netflix saw an 85.6% bump in price from 2020 to 2021, comfortably outperforming the broader market.
- 02/17/2023
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Spotify Chief Financial Officer to Present at the 2023 Morgan Stanley Technology, Media and Telecom Conference
- NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) announced today that Paul Vogel, Chief Financial Officer, will present at the 2023 Morgan Stanley Technology, Media and Telecom Conference on Wednesday, March 8, 2023. Mr. Vogel is scheduled to appear at 5:05 p.m. Eastern Time. The webcast will be available live and for replay on the Spotify Investor Relations website at http://investors.spotify.com. About Spotify Technology S.A.
- 02/15/2023
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3 Undervalued Stocks with Momentum in 2023
- #Morningstar #Stockytobuy #GrowthStocks These stocks have soared this year but we think they have more upside potential. 0:00 Introduction 0:50 Scotts Miracle Gro 1:25 Spotify 1:56 Sofi Technologies Here at Morningstar, we talk a lot about the dangers of chasing performance, or buying a stock, ETF, or fund because it's on a hot streak.
- 02/14/2023
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1 Thing Missing From Spotify's Earnings Report
- Investors were expecting an announcement from management, but it didn't deliver.
- 02/12/2023
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Can Activist Investors Save Spotify (SPOT) Stock?
- It's a sea of red in the stock market on Friday, but not for Spotify (NYSE: SPOT ). Shares of SPOT stock are actually up on the day, higher by around 5% at last check.
- 02/10/2023
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Spotify stock rises after ValueAct takes a stake
- Spotify Technology SA shares SPOT, +3.12% were up more than 3% in Friday morning trading after Bloomberg News reported that ValueAct Capital Management has taken a position in the music-streaming company. The report cited comments from ValueAct Chief Executive Officer Mason Morfit at a Columbia University event Friday morning, during which he noted that the company's operating expenses have “exploded.
- 02/10/2023
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ValueAct takes stake in Spotify
- Activist investor ValueAct Capital Management has taken a stake in Spotify Technology SA , the audio-streaming company confirmed on Friday.
- 02/10/2023
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Spotify Stock Is Soaring This Year: Has the Company Finally Made a Turnaround?
- Investors can't make up their minds with this audio streaming platform.
- 02/08/2023
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7 Stocks to Buy for the Next Decade of Growth
- As the economy stabilizes and the stock market shows signs of embarking on a sustained recovery, it is arguably the best time to look for stocks to buy. In particular, the best stocks to buy now are tech stocks, as they have historically performed much better than the broader market.
- 02/07/2023
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Spotify stock upgraded following analyst observations of improving margins
- Shares of Spotify ticked higher after an analyst upgraded the stock to Overweight, noting the company's commitment to improving margins.
- 02/06/2023
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Spotify stock price forecast: Wells Fargo sees a 50% upside
- Spotify Technology SA (NYSE: SPOT) is trading up on Monday after a Wells Fargo analyst turned super bullish on the audio streaming giant that he said was now “off margin probation”.
- 02/06/2023
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Analyst Sees More Upside for Spotify Stock
- The shares of Spotify Technology SA (NYSE:SPOT) are rallying, up 56.6% since the start of 2023, with no sign of slowing down according to Wells Fargo.
- 02/06/2023
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Dell joins Okta, Splunk, PayPal, IBM, SAP, Spotify, Google, Intel, Microsoft, Amazon and other tech companies making layoffs
- Dell has joined Okta, Splunk, PayPal, IBM, SAP, Spotify, Alphabet, Intel, Microsoft, Coinbase, Cisco, Amazon, Salesforce, HP, Roku, Beyond Meat, Meta and Twitter in announcing major layoffs in recent months.
- 02/06/2023
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Spotify's Traffic, Not Earnings is Driving the Stock Higher
- Global streaming audio platform Spotify Technology SA (NASDAQ: SPOT) stock missed top and bottom lines expectations on its fiscal Q4 2022 earnings, but Mr. Market didn't care shares screamed higher.
- 02/06/2023
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Spotify monthly active users grew 20% in 2022
- Yahoo Finance Live's Brian Sozzi breaks down the chart of the day, showing Spotify monthly active users hitting 489 million.
- 02/03/2023
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Why Spotify Shares Are Soaring This Week
- The audio streaming company put up strong user growth in the fourth quarter and plans to finally start generating a profit.
- 02/03/2023
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Spotify: Mr. Market Offers The Leading Audio Platform At A Discount
- Spotify is a growth company with the goal of becoming the global go-to audio platform. CEO Daniel Ek and his team set highly ambitious long-term goals; $100B in revenues and 1B+ subscribers.
- 02/02/2023
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Why Spotify Is One of My Favorite Stocks
- The audio streaming company is growing its user base and building an ad business extremely quickly.
- 02/02/2023
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Peloton losses narrow as subscription revenue again outpaces equipment sales
- Peloton beat Wall Street's revenue expectations but saw a 52% drop in connected fitness sales during its holiday quarter.
- 02/01/2023
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US Markets Close Out a Strong Month With Gains
- U.S. equities indexes posted a positive performance to end a strong month of January, with positive financial reports contributing to the advance.
- 01/31/2023
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Spotify stock surges amid rising subscriber count, spending scale back
- Spotify shares pop nearly 12% Tuesday for the stock's best day since January 2022.
- 01/31/2023
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Spotify's test of a Friends tab on mobile hints at expanded social ambitions
- Spotify's success with its year-end review known as Wrapped, designed for social sharing, may be pushing the company toward building more social experiences directly into its mobile app. The company for many months has been testing different iterations of a “friends activity” tab on its mobile app, and investors have now taken notice.
- 01/31/2023
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Why Spotify Stock Surged Today
- Listeners are flocking to the popular audio-streaming service.
- 01/31/2023
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Spotify: Cutting costs ‘will be difficult,' strategist says
- New Constructs CEO David Trainer joins Yahoo Finance Live anchor Rachelle Akuffo and Allie Canal to discuss Spotify earnings, job cuts, subscriber growth, rising subscription prices, competition among streaming platforms, and the outlook for Peloton.
- 01/31/2023
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Spotify Faces Some of the Music
- Subscribers are tuning in, but cost reductions may not be enough without price increases.
- 01/31/2023
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Spotify's third-party billing option has now reached over 140 global markets
- In its fourth-quarter earnings, Spotify announced today its User Choice Billing program has now expanded to over 140 markets worldwide, allowing the streaming music service to reduce the commissions it pays to Google over Play Store purchases associated with its Android app.
- 01/31/2023
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Spotify strikes the right note with investors jumping 8% on record quarterly user growth
- Spotify Technology SA (NYSE:SPOT) shares had jumped about 8% on Wednesday morning as the Swedish audio streaming service provider posted impressive user growth during the fourth quarter while its economic performance for the period was largely in line with expectations. The company posted a 20% year-over-year growth in monthly active users (MAUs) up from 406 million to 489 million, 10 million MAUs above the company's guidance and a quarterly record of 33 million new MAUs.
- 01/31/2023
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Spotify shares jump on bullish outlook as more users tune in
- Spotify Technology SA on Tuesday forecast that the number of listeners would reach 500 million in the current quarter as it reported fourth-quarter results that beat expectations for both active users and subscribers.
- 01/31/2023
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Spotify (SPOT) Reports Q4 Loss, Lags Revenue Estimates
- Spotify (SPOT) delivered earnings and revenue surprises of -11.72% and 0.83%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 01/31/2023
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Spotify shares pop after earnings show strong user growth
- Spotify reported fourth-quarter earnings. The company reported 205 million paid subscribers, up 14% from a year ago.
- 01/31/2023
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Spotify Eclipses 205 Million Subscribers, Better Than Predicted
- The streaming giant expects to hit 500 million total listeners -- both free and paid -- within the next two months.
- 01/31/2023
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Spotify stock gains after earnings as user growth easily tops expectation
- Spotify Technology SA's revenue largely matched expectations in the fourth quarter, though the company delivered better user growth than anticipated.
- 01/31/2023
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Spotify Reports Wider-Than-Expected Loss but Stronger User Growth
- Spotify reports 489 million monthly active users in the fourth quarter, up 20% from a year earlier, and 205 million premium subscribers.
- 01/31/2023
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Spotify's user growth beats estimates, expects 500 mln listeners next quarter
- Spotify Technology SA on Tuesday reported fourth-quarter results that beat expectations for both active users and subscribers, and forecast the number of listeners would reach 500 million next quarter.
- 01/31/2023
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Spotify earnings preview: Investors eye subscribers, podcast uncertainty
- Yahoo Finance's Allie Canal joins the Live show to discuss the earnings expectations for audio streaming giant Spotify.
- 01/30/2023
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Big Banks Try to Take On Apple Wallet and PayPal
- Plus, we chat about the layoffs at Spotify and what's going on at Funko.
- 01/28/2023
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Spotify announces plan to cut 6% of staff ahead of Q4 earnings
- Yahoo Finance media reporter Allie Canal highlights what to expect in Spotify's earnings report next week amid layoffs and the music streaming service's refocused growth outlook.
- 01/27/2023
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Spotify recovers after second outage this month
- Streaming service Spotify Technology SA SPOT, +1.27% experienced an outage for the second time this month, temporarily disrupting service for thousands of users.
- 01/26/2023
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Spotify down for thousands of users - Downdetector
- Spotify Technology SA's music streaming platform was down for nearly 35,000 users on Thursday, according to outage-tracking website Downdetector.com.
- 01/26/2023
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Spotify Announces Layoffs To 6% Of Its Workforce - Stock Price Jumps In Response
- Spotify recently announced it would lay off 6% of its staff. While the news pushed its stock price higher, the long-term impacts have yet to be seen.
- 01/26/2023
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Spotify's Layoffs: What You Need to Know
- Top-line growth may be replaced by bottom-line growth in 2023.
- 01/26/2023
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A Look Inside Spotify's Best New Artist Party—One Of The ‘Hottest Tickets' Of Grammy Week
- Booking 10 artists—who are all up for the same Grammy, no less—to play the same party on the same night is no easy feat.
- 01/25/2023
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Spotify CEO Daniel Ek confirms job cuts
- Spotify CEO Daniel Ek confirmed the company's plans to cut 6% of its workforce amid a series of tech layoffs. Yahoo Finance Anchor Dave Briggs breaks down further details on January 23, 2023.
- 01/24/2023
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Spotify (SPOT) Expected to Beat Earnings Estimates: Should You Buy?
- Spotify (SPOT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 01/24/2023
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Layoffs Won't Solve Spotify's Biggest Problem
- The music streamer has no choice but to keep costs in check.
- 01/24/2023
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Spotify cuts 6% of workforce as tech sector jobs cull continues
- Spotify has become the latest company in the technology sphere to announce big job cuts, with 6% of the workforce to go in the coming months.
- 01/24/2023
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US Markets Rise on Fed Expectations and Earnings
- U.S. equities indexes posted gains on Jan. 23 to start off the the week, with a boost from tech stocks and strength in the semiconductor industry.
- 01/23/2023
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Is it worth buying Spotify shares after it announced layoffs?
- Shares of Spotify Technology SA (NYSE: SPOT) ended slightly up on Monday after the music streaming company revealed plans of lowering its global headcount by 6.0%. How many employees will be let go?
- 01/23/2023
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Spotify's CEO sent a memo announcing layoffs. It also contained 'a powerful example of toxic positivity.
- Daniel Ek would have been wise to display empathy and explain how cutting about 6% of Spotify employees would help strengthen the company as a whole.
- 01/23/2023
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Spotify CEO comments on company's layoffs amid job cuts seen across tech sector
- Spotify became the latest tech company to lay off a portion of its employees, and its CEO commented on the the move.
- 01/23/2023
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Three-stock lunch: NVDA, SPOT, CRM
- Ari Wald, head of technical analysis at Oppenheimer, joins 'Power Lunch' to discuss today's big market movers Nvidia, Spotify, and Salesforce on three stock lunch.
- 01/23/2023
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Spotify Stock Gaps Up Above This Key Indicator: What's Going On?
- News that Spotify Technology S.A. SPOT will reduce its workforce by 6% gave institutions a reason to gap up about 4.5% on Monday to regain the 200-day simple moving average (SMA) as support.
- 01/23/2023
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Tech industry sees tough road ahead as wave of layoffs spreads, Spotify stock rises on job cuts
- Yahoo Finance's Jared Blikre and Dan Howley discuss the latest on tech layoffs.
- 01/23/2023
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Spotify to Axe 6% of Workers
- Spotify is making employee reductions amid a weakening economic outlook and lackluster demand from customers and advertisers.
- 01/23/2023
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Spotify to cut 600 jobs after CEO admits to expanding too quickly
- Music streaming service becomes latest tech firm to announce cuts after pandemic overexpansion
- 01/23/2023
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Spotify axes 6% of workforce as lockdown boom fades
- Music streaming service Spotify is to reduce its workforce by 6%, following tech giants like Amazon, Google and Microsoft which all announced job cuts recently. “Change is the only constant,” said Daniel Elk, Spotify's chief executive officer, in his open letter to Spotify employees.
- 01/23/2023
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Spotify to cut some 600 staff as tech woes spread
- Swedish music streaming giant Spotify said Monday it was cutting six percent of its roughly 10,000 employees in the latest cost-cutting announcement among technology companies.
- 01/23/2023
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Spotify to cut 6% of its workforce
- Yahoo Finance's Daniel Howley joins the Live show to discuss news that Spotify will cut 6% of its workforce in an effort to cut costs.
- 01/23/2023
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Spotify to lay off 6% of workforce as number of tech job cuts grows
- Spotify CEO Daniel Ek announced that the company is implementing layoffs in order to cut costs and become more efficient amid the challenging economic environment.
- 01/23/2023
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Spotify Layoffs 2023: What to Know About the Latest SPOT Job Cut
- Spotify (NYSE: SPOT ) plans to lay off roughly 6% of its workforce, the company reported today. Continuing a recent trend among tech companies, these Spotify layoffs are occurring primarily because the company hired many employees to keep up with high demand during the pandemic.
- 01/23/2023
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Spotify, Alphabet And Meta Lead Tech Stock Surge After Massive Layoff Announcements
- After Silicon Valley's years-long spending spree, tech firms are starting to cut back, and investors are rallying around the grim news.
- 01/23/2023
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2023 Layoffs: Spotify Slashes 6% Of Jobs In Latest Tech Onslaught
- At least 20 U.S. companies have conducted major rounds of job cuts so far this month, as recession fears continue in 2023.
- 01/23/2023
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Spotify cuts 6% of its workforce, content chief departs
- Spotify announced it is cutting 6% of its global workforce, as the music streaming giant contends with a gloomy economic environment.
- 01/23/2023
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Spotify to Lay Off 6% of Its Work Force
- The audio streaming platform becomes the latest big technology company to cut costs over worries about the economy.
- 01/23/2023
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Spotify cuts 6% of its workforce, impacting 600 people
- Music streaming service Spotify has announced that it will be conducting a round of layoffs that will impact around 6% of its global workforce. In its most recent earnings release, the company said that there were 9,808 full-time employees working for Spotify.
- 01/23/2023
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Spotify to lay off 6 percent of its workforce as tech bloodbath widens
- Spotify will lay off some 6% of its 6,600-strong workforce as the streaming giant is the latest tech firm to undertake cost-cutting measures to cope with a struggling economy.
- 01/23/2023
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Spotify is laying off around 6% of its workforce — around 600 employees — to reduce costs and improve efficiency
- Spotify CEO Daniel Ek said in layoffs memo that impacted employees would have one-on-one conversations over the next several hours.
- 01/23/2023
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Spotify to trim 6% of workforce
- Music streaming firm Spotify Technology SA plans to cut 6% of its workforce, the company said on Monday, a move that will add to a glut of layoffs in the technology sector as companies prepare for a possible recession.
- 01/23/2023
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Spotify reportedly planning layoffs as soon as this week
- After slowing its pace of hiring last year, Spotify Technology SA is planning layoffs as soon as this week, according to a new report, adding to the wave of jobs cuts sweeping across the tech industry.
- 01/22/2023
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Spotify to cut staff as soon as this week - Bloomberg News
- Spotify Technology is planning layoffs as soon as this week to cut costs, Bloomberg News reported on Sunday, joining the likes of Alphabet Inc , Amazon.com Inc , Microsoft Corp who have cut thousands of jobs recently.
- 01/22/2023
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Top Wall Street analysts pick these stocks to climb 2023's wall of worry
- TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, including Apple and Spotify.
- 01/22/2023
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Spotify launches new attack on Apple for ‘abusive behaviors'
- Spotify Technology's years-long jihad against Apple Inc. took another turn Wednesday, when the music-streaming service and a gang of European companies urged the European Commission to take “swift and decisive action” against the iPhone maker over what they claim are anticompetitive practices that have hindered their businesses.
- 01/18/2023
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Spotify slams Apple for “illegal, anti-competitive behaviour”
- Spotify, the music streaming giant, along with software company Proton and music service Deezer have slammed Apple in a letter to Margrethe Vestager, Vice President of the European Union Competition Commission. In the letter, the companies called for action against Apple's anti-competitive practices.
- 01/18/2023
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Spotify joins media firms to urge EU action against Apple's 'unfair' practices
- Music streaming service Spotify Technology , along with other media firms such as Deezer, urged the European Commission to take action against Apple Inc for anticompetitive and unfair practices, in a joint industry letter on Wednesday.
- 01/18/2023
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Spotify down for thousands of users -Downdetector
- Audio streaming platform Spotify was down for thousands of users on Friday, according to outage tracking website Downdetector.com.
- 01/13/2023
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Is Spotify Stock Poised to Crush the Market in 2023?
- Investors hated the stock in 2022, but that could all change this calendar year.
- 01/13/2023
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Spotify's Future Financial Performance Is Too Much Of A Guessing Game
- According to Spotify, the revenue could be $100B in 2030. However, I think this target is quite unrealistic. According to businessofapps.com, SPOT's revenue per premium user has fallen from €4.89 in 2018 to €4.29 in 2021.
- 01/13/2023
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2 Streaming Stocks in Focus After Downgrades
- Jefferies weighed in on streaming stocks today, issuing bear notes to Roku Inc (NASDAQ:ROKU) and Spotify Technology SA (NYSE:SPOT).
- 01/12/2023
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Spotify's new time capsule feature will let you revisit your musical taste a year from now
- Spotify is introducing a new in-app experience called “Playlist in a Bottle” that is designed to let you capture your current music tastes and revisit them one year later. The streaming service announced on Wednesday that the new user experience will help users capture the moment by the time January 2024 rolls around.
- 01/04/2023
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Even in an Advertising Slowdown, These 3 Stocks Are Long-Term Winners
- Ad sales growth will slow in 2023, but these stocks could all move higher.
- 12/31/2022
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Spotify wants to help you ring in 2023 with its New Year's Hub
- Spotify has launched a New Year's Hub to help its users ring in 2023, the streaming service announced on Thursday. The company says the one-stop destination gives users access to classic party playlists and special takeovers from artists like Charli XCX, Rita Ora, N-Dubz and Céline Dion.
- 12/29/2022
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3 Growth Stocks Investors Should Buy in Case a Bull Market Is Coming
- Grabbing these stocks at these low valuations can pay off in the long run for investors.
- 12/28/2022
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Spotify: Making Profits On Thin Profit Margins
- We cover the root cause of the profitability issue: Minimal Leverage. Then, we discuss possible solutions, such as maximizing profitable content and the user experience, along with other solutions. We value Spotify through a detailed Discounted Cash Flow, using five different scenarios, based on five different Revenue Growth and Profitability Stories. Furthermore, we briefly discuss multiples.
- 12/27/2022
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Spotify Technology S.A. to Announce Financial Results for Fourth Quarter 2022
- NEW YORK--( BUSINESS WIRE )--Spotify Technology S.A. (NYSE: SPOT) will post its fourth quarter 2022 financial results and deck to shareholders on Tuesday, January 31, 2023 before market open.
- 12/22/2022
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Why The Spotify Stock Rally Could Be Short-Lived
- Shares of streaming giant Spotify (SPOT) have been looking at a whole lot of downside lately.
- 12/21/2022
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A Bull Market Is Coming: 1 Tech Stock Down 70% to Buy in 2023
- Bear markets don't last forever. Now is an ideal time to buy shares of that stock on your watch list for the new year.
- 12/20/2022
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Spotify considers rebranding Anchor to Spotify Creator Studio
- According to a survey sent to creators in the Spotify for Podcasters program, the streaming giant might be doing away with the Anchor brand. Anchor, which Spotify acquired for $340 million in a deal that included the studio Gimlet, is a free podcast hosting service.
- 12/19/2022
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Should You Buy Spotify Stock Before the End of 2022?
- The audio streamer is not yet profitable, but it has put up impressive growth numbers over the past few years.
- 12/19/2022
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Our 3 Top Streaming Media Stock Picks for 2023
- Streaming stocks gained tremendous momentum during the pandemic years. Streaming services provided an escape for millions locked away in their homes.
- 12/16/2022
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Spotify's grand plan to monetize its open source Backstage project via premium plugins
- With nearly a third of the global music-streaming market share, Spotify needs little in the way of introduction. Some 456 million people consume music, podcasts and audiobooks through Spotify each month, 42% of which pay a monthly fee while the rest are subjected to advertisements.
- 12/15/2022
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Spotify is ending production of several of its live audio shows
- Spotify looks to be scaling back its live audio ambitions, as the company is ending production of several of its live audio shows. A spokesperson for the company confirmed to TechCrunch that “Deux Me After Dark,” “Doughboys: Snack Pack,” “The Movie Buff” and “A Gay in the Life” are all coming to an end.
- 12/14/2022
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Why Investors Cranked Spotify Stock Higher Today
- The company's relationship with a top tech company might be changing for the better.
- 12/13/2022
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Spotify: Likely On Track For A Tenfold Revenue Expansion By 2030
- Spotify's strategic ambitions aim for a x10 revenues expansion by 2030 (x2.5 MAU growth and x4 ARPU expansion). Although Spotify's growth targets appear excessively ambitions (judging by the number), they are not necessarily unreasonable.
- 12/08/2022
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Are Investors Hearing The End Of Spotify's Downtrend?
- Spotify rebounded Wednesday after declining 4.02% Tuesday. It's holding above a November 4 low of $69.29.
- 12/08/2022
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Spotify Review: Still the Best Music Streaming Service
- From Spotify Connect to one of the biggest music catalogs available, this is the streaming service to choose.
- 12/06/2022
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Overhead Pressure Signals Trouble for Spotify Stock
- Spotify Technology S.A.
- 12/06/2022
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Spotify: Strong Buy While The Market Is Looking The Other Way
- Spotify continues to bolster its leadership spot in music streaming by continually adding to its monetization strategy. It recently launched audiobooks for its U.S. users, with a library of over 300k titles. This adds on top of a growing advertising strategy, diversifying revenue away from Premium.
- 12/06/2022
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Spotify: Fair Valuation And Massive TAM
- Spotify has seen continuous strong user growth in both the "premium" and "advertised/free segment" adding another 23 million users in Q3. The market potential of Podcasts has just been tapped in, and other growth initiatives are under way (Audiobooks, AR, social features etc.).
- 12/06/2022
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Spotify: Has It Re-Entered The Buy Zone?
- Spotify Technology S.A. has seen a sharp YTD stock price decline of -65%. Spotify is the market leader in music streaming, maintaining a 33% market share.
- 12/05/2022
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40+ Spotify statistics 2022: SPOT stock, revenue and performance
- Spotify Technology SA (NYSE: SPOT) is the leading on-demand music streaming company today, with more than 1 billion app downloads on Google Play alone. The Sweden-based company was founded in 2006 by Daniel Ek and Martin Lorentzon, and has seen remarkable growth in the past few years as it expands across the globe.
- 12/02/2022
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LineupSupply updates its app to generate Instafest-styled posters via your Spotify
- In the last week or so, a web app named Instafest went viral. Instafest lets you generate festival posters from your Spotify listening history.
- 12/02/2022
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Kate Bush's "Running Up That Hill" is Spotify's most streamed throwback song of 2022
- In Spring, the song's streams surged by 8,700% after being popularized on Netflix's hit series "Stranger Things."
- 12/02/2022
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Spotify CEO joins Elon Musk in criticisms of Apple, App Store management
- Yahoo Finance entertainment reporter Allie Canal breaks down Spotify CEO Daniel Ek's critical comments on Twitter about Apple and its App Store management.
- 11/30/2022
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Spotify CEO Daniel Ek joins Elon Musk in decrying Apple's App Store business practices
- Spotify CEO Daniel Ek has joined Elon Musk in decrying Apple's App Store policies. “Over and over again Apple gives itself every advantage while at the same time stifling innovation and hurting consumers,” Ek wrote in a lengthy Twitter thread.
- 11/30/2022
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Spotify CEO renews attack on Apple after Musk's salvo
- Spotify CEO Daniel Ek renewed his attack on Apple on Wednesday through a series of tweets alleging the iPhone maker "gives itself every advantage while at the same time stifling innovation and hurting consumers".
- 11/30/2022
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The 7 Best Stocks to Buy on a Dip
- Investors looking for the best stocks to buy on a dip have plenty of options, depending on how they think of the term “dip.” The dip can suggest a market dominator that is trading near its low, or it can be a stock that has bounced recently following an extended downtrend.
- 11/29/2022
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Spotify, Epic Games get ally in Musk in fight against Apple fees
- Elon Musk's declaration of war on Apple in a series of tweets on Monday gives Spotify and Fortnite maker Epic Games a powerful ally in taking the tech giant to task over its 30% App Store fees.
- 11/29/2022
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Got $5,000? These 2 Growth Stocks Are Smart Buys
- There are bound to be brighter days ahead.
- 11/29/2022
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Instafest app lets you create your own festival lineup from Spotify
- If your favorite music festival's lineup didn't live up to your expectations this year, don't worry; a new app called Instafest will create a music festival poster for you based on your Spotify listening habits.
- 11/29/2022
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Spotify launches audiobooks to more English-speaking markets outside the U.S.
- Spotify is expanding its newly launched audiobooks service outside the U.S., the company announced today. The service will now become available in other English-speaking markets, including the U.K., Ireland, Australia and New Zealand, allowing users to access Spotify's catalog of audiobook titles from the streaming app.
- 11/22/2022
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Spotify Stock Could Come Dangerously Close to Record Low
- Spotify Technology SA (NYSE:SPOT) is down 4.5% to trade at $78.69 this afternoon, amid a broader market pullback.
- 11/17/2022
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Chokepoint capitalism: How Amazon, Spotify and other platforms squeeze cash from creators
- In 2020, the independent authors and small publishers whose audiobooks reach their readers via Audible's ACX platform smelled a rat.
- 11/15/2022
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Travel and video game stocks could benefit from pent-up demand, says Barclays' Mario Lu
- Barclays analyst Mario Lu joins 'TechCheck' to discuss consumer spending, with a deep dive in to Airbnb, Take-Two Interactive, Spotify and Roblox
- 11/15/2022
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Spotify's video podcast publishing tools expand to creators worldwide
- Spotify today is expanding its video podcasting capabilities to creators in more than 180 markets worldwide, which means the functionality is now available in nearly all the markets where Spotify's podcast creation software, Anchor, is currently available.
- 11/15/2022
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3 Disruptors I Love Right Now
- These disruptive stocks have almost unlimited growth potential.
- 11/15/2022
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Spotify CFO on narrative-scripted podcasts and future of audio
- Paul Vogel, Spotify CFO, joins 'Closing Bell' to discuss the future of audio, monetization and the future of the company.
- 11/10/2022
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Google now allows Spotify and Bumble to bill U.S. users inside apps
- Typically, Google Play and Apple's App Store for iPhones take between 15% and 30% of digital sales inside apps through their billing platforms.
- 11/10/2022
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Google Play to pilot third-party billing in new markets, including U.S.; Bumble joins Spotify as early tester
- Google today announced it's expanding its user choice billing pilot, which allows Android app developers to use other payment systems besides Google's own. The program will now become available to new markets, including the U.S., Brazil and South Africa, and Bumble will now join Spotify as one of the pilot testers.
- 11/10/2022
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Spotify revamps its Apple Watch app with larger artwork and new features, like direct downloads
- Spotify today announced it's revamping its Apple Watch experience.
- 11/09/2022
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Here's Why Spotify Shares Dropped 9% in October
- A rough earnings report sent the streaming audio leader lower.
- 11/08/2022
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Nasdaq Bear Market: 3 Growth Stocks to Buy Now at Knocked-Down Prices
- These businesses are much stronger than their stock prices currently suggest.
- 11/08/2022
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NASDAQ Roundup: Alphabet Earnings, Microsoft Earnings, Spotify Earnings, And More
- Tech stocks have been in favor for years now. But they are just as susceptible to a bad market as other securities, maybe more.
- 11/05/2022
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Cathie Wood Has Abandoned Spotify -- Should You Follow Her Lead?
- Cathie Wood has sold nearly all of her Spotify stock, but not everyone on Wall Street is bearish.
- 11/04/2022
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People Love to Hate-Watch Tech Villains. That Won't Hurt Spotify.
- “The Playlist” resembles other TV dramas that follow founders to their eventual comeuppance — except Spotify isn't facing any messy implosion.
- 11/02/2022
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Spotify is going to war with Apple after the App Store rejected its big new feature
- Spotify is looking to give Apple a good bruising in the press.
- 11/01/2022
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Spotify Stock Dips as Investments in Growth Persist
- The company is expanding its offering to listeners, which is coming at a cost to its bottom line.
- 11/01/2022
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Spotify: Solid Q3, Super Retention And Still Undervalued
- Spotify controls approximately 30% of the world's music streaming market. The company beat top line estimates for Q3 22, but missed earnings.
- 10/30/2022
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Spotify Is Still Losing Money. Should Investors Be Concerned?
- Shareholders need to hold management's feet to the fire when they talk about upcoming margin expansion.
- 10/30/2022
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Should You Sell Your Spotify Stock Now?
- A wider-than-expected loss in the third quarter is weighing heavily on shares of the audio streaming giant.
- 10/29/2022
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Apple Music Just Raised Its Prices. Here's What It Means for Spotify
- Price increases from competitors may lead to easier times for the Swedish audio streamer.
- 10/28/2022
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Spotify stock stumbles after reporting earnings
- Yahoo Finance's Allie Canal joins the Live show to discuss the decline in stock for Spotify, third-quarter earnings, the expectations for short-term growth, and what price increases could mean for the consumer.
- 10/27/2022
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Should Spotify Investors Worry About Soft Ad Sales?
- Due to weak advertising sales, the online music and podcast giant's stock is priced for absolute disaster. However, business is actually booming overall.
- 10/27/2022
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Why Spotify Stock Plunged Today
- Shareholders are worried about the streaming company's declining profitability.
- 10/26/2022
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Spotify: Apple Is Ruining Audiobooks With ‘Anticompetitive Behavior'
- “We want to deliver a super awesome and easy user experience,” Spotify says on a new Time to Play Fair website. “But once again, Apple is standing in the way—
this time, in addition to consumers being hurt, authors and publishers are also being punished.
- 10/26/2022
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Why Is Spotify (SPOT) Stock Dropping 11% Today?
- Popular audio streaming platform Spotify (NYSE: SPOT ) once again captured the limelight, this time for unpleasant reasons. Although the company's latest third-quarter report beat consensus targets for revenue and subscriber growth, it posted a wider-than-expected earnings loss.
- 10/26/2022
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Spotify sees strong subscriber growth in Q3
- CNBC's Julia Boorstin joins 'Squawk on the Street' to report on Spotify's Q3 earnings report, Spotify's dependency on advertising revenue, and the platform's Q3 uptick in subscriber growth.
- 10/26/2022
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Spotify stock down on Q3 earnings miss
- Yahoo Finance's Allie Canal joins the Live show to discuss third-quarter earnings for Spotify.
- 10/26/2022
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Apple Under Fire: Meta, Spotify Blast App Store Policies
- The backlash against the iPhone-maker stems from multiple issues including its recent decision to seek a 30% on social media app ad sales and the proliferation of gambling ads on the App Store
- 10/26/2022
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Elon Musk says Apple's battle with Spotify is 'concerning' and its new 30% charge on social-media ad revenue 'is a lot'
- Elon Musk says "30% is a lot" in regards to Apple's tax on social media apps on the App Store that allow promoted posts.
- 10/26/2022
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Spotify (SPOT) Reports Q3 Loss, Tops Revenue Estimates
- Spotify (SPOT) delivered earnings and revenue surprises of -12.50% and 0.39%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 10/25/2022
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Stocks moving in after hours: Google, Microsoft, Spotify, Mattel, Texas Instruments
- Yahoo Finance Live anchor Seana Smith looks at which stock shares are making the biggest moves in after-hours trading on Tuesday.
- 10/25/2022
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Spotify Predicts It Will Eclipse 200 Million Paid Members Before End of Year
- It has more than twice that many total listeners already, including people who listen free with ads.
- 10/25/2022
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Spotify Will Consider Price Hike After Apple, YouTube Moves, Says CEO Daniel Ek
- Spotify blew past subscriber, user and revenue forecasts for the September quarter and said it will explore a U.S. price increase after recent moves by Apple and YouTube. “When our competitors are raising their prices, that is really good for us,” said founder-CEO Daniel Ek on a conference call following its latest financial report.
- 10/25/2022
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Spotify stock falters after 3Q results fail to hit the right note
- Spotify Technology SA (NYSE:SPOT) shares struggled after the company reported slowing ad revenues and lower margins in its third-quarter results, even as the streaming giant met or beat expectations in other areas. Spotify posted revenue of $3 billion for the quarter, up 21% year-over-year and in line with analyst expectations of $3.02 billion.
- 10/25/2022
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Spotify shares sink on forecast, slower-than-expected ad growth
- Spotify Technology S.A. shares tumbled after-hours trading Tuesday after the music streaming service reported a bigger third-quarter loss than expected and forecast weaker margins up ahead, following “slower-than-forecast advertising growth given the challenging macro environment.
- 10/25/2022
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Spotify shares dip after third-quarter earnings report
- Spotify shares fell after the streaming giant reported third-quarter 2022 earnings that narrowly beat analyst expectations on revenue and showed continued subscriber growth.
- 10/25/2022
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Spotify beats revenue forecasts but ad growth slow
- Audio streaming service Spotify Technology SA Tuesday surpassed Wall Street's estimates for revenue and subscriber gains in its third quarter, but said challenging economic conditions led to slower than forecast advertising growth.
- 10/25/2022
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Why Is Spotify (SPOT) Stock Up Today?
- Shares of Spotify (NYSE: SPOT ) are in focus on Monday, with SPOT stock up 6% on the day. There are likely several factors in play.
- 10/24/2022
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Spotify hoping to report another solid quarter next Tuesday
- Spotify Technology SA (NYSE:SPOT) will post third quarter results on Tuesday and investors will be hoping for a similar performance to the second quarter. The music streaming platform, founded in Sweden, reported revenue of €2.9bn for the June quarter, a 23% increase year-over-year.
- 10/21/2022
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The great podcast robbery? Sony and Spotify accused of stealing shows
- The media giants have allegedly released ‘new' podcasts mirroring those made by the likes of Gizzi Erskine and Pandora Sykes. So why is it so hard to make a case against them?
- 10/21/2022
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Apple, Adidas and Spotify should ‘stop working' with Kanye West, says super-agent Ari Emanuel
- Entertainment industry super-agent Ari Emanuel is asking businesses to stop working with Kanye West after the artist's recent, controversial comments about Jewish people.
- 10/20/2022
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7 Growth Stocks to Buy Now for Extraordinary Gains
- It's been the worst year for growth stocks since the great financial crisis of 2008. While 2021 saw big selloffs in weaker companies, 2022 has seen nearly universal selling across the growth stock sector.
- 10/20/2022
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The 7 Best Buying Opportunities in the Stock Market Right Now
- Look no further than a market downturn when searching for the best buying opportunities. Investors looking at a historical chart of the S&P500 and pinpointing the best buying opportunities, it's almost guaranteed that most of the best buying opportunities come during a bad market downturn or a recession.
- 10/18/2022
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Could TikTok's Music Streaming App Spell the End for Spotify?
- The short answer: far from it.
- 10/17/2022
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Spotify: Cathie Wood Almost Done Selling
- Flagship ARKK fund has fully liquidated position. ARKW ETF position down 80% since end of March.
- 10/13/2022
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TikTok already took over as Gen Z's social platform of choice. It might be coming for Spotify next.
- ByteDance, the parent company of TikTok, has initiated talks with music labels in order to expand its music streaming services globally, per the WSJ.
- 10/13/2022
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TikTok parent ByteDance aims to challenge Spotify, Apple with music-streaming growth
- TikTok parent ByteDance Ltd. has begun talks with music labels about expanding its music-streaming service globally to compete with industry leaders including Spotify Technology SA SPOT, +1.28% , according to people with the discussions.
- 10/12/2022
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Spotify Cancels 11 Podcasts, Trims Jobs
- Spotify is canceling 11 of its original podcasts a move that will reportedly lead the streaming audio platform to lay off less than 5% of its staff in that category. As Tech Crunch reported Thursday (Oct. 6), the decision will affect the studios Parcast and Gimlet, according to a source with knowledge of the matter.
- 10/07/2022
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7 Stocks to Buy if Elon Musk Closes the Twitter Deal
- Elon Musk seems poised to buy Twitter (NYSE: TWTR ) again. Months after the Tesla (NASDAQ: TSLA ) CEO announced he would be terminating his acquisition agreement with the social media giant, he has returned to his original offer of $54 per share.
- 10/07/2022
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Spotify cancels 11 original podcasts, lays off under 5% of staff
- Spotify is pulling 11 original podcasts from the platform, which will impact studios Parcast and Gimlet and involve less than 5% layoffs, a source familiar with the matter confirmed to TechCrunch. Spotify will also reassign some staff to other podcasts, we understand.
- 10/06/2022
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Why Spotify Stock Was Down 20% Last Month
- Will its new product propel growth, invite competition, or both?
- 10/06/2022
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Safe haven stock plays
- Ann Berry of Threadneedle Ventures joins Becky Quick and the 'CNBC Special: Markets in motion' to discuss where she's seeing opportunity in this market.
- 10/05/2022
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Spotify Plans to Combat Hate Speech With Kinzen Purchase
- Spotify has acquired Kinzen, an Irish content moderation company, the streaming audio platform announced Wednesday (Oct. 5). “Kinzen's advanced technology and deep expertise will help us more effectively deliver a safe, enjoyable experience on our platform around the world,” Spotify said in a news release.
- 10/05/2022
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Spotify acquires content moderation tech company Kinzen to address platform safety issues
- Spotify this morning announced it's acquiring Dublin, Ireland-based content moderation tech company Kinzen, which had been working in partnership with the streamer since 2020. Deal terms were not disclosed.
- 10/05/2022
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Spotify acquires firm that detects harmful content
- Audio-streaming service Spotify Technology SA on Wednesday said it has acquired Kinzen, a firm that has helped it identify harmful content on the platform.
- 10/05/2022
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A former Spotify exec predicts podcasters who favor video formats will tap into more money and a bigger audience
- "Podcasts may go the way of video, but it may actually be a very good thing for all involved," says Michael Mignano, ex-head of podcasts at Spotify.
- 10/05/2022
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Down 75%, Is There Any Hope Left for Spotify?
- The audio streamer has been hit hard by the current bear market, but there are reasons to be optimistic about the long-term growth of this business.
- 10/03/2022
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Spotify Technology S.A. to Announce Financial Results for Third Quarter 2022
- NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) will post its third quarter 2022 financial results and deck to shareholders on Tuesday, October 25, 2022 after market close. The company will hold a question and answer session to discuss third quarter 2022 financial results at 4:30 pm Eastern Time. Management will answer questions submitted via Slido. Questions may be submitted on the day of the call at www.slido.com using the event code #SpotifyEarningsQ322. A live webcast of the
- 10/03/2022
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Cathie Wood Slashes $18M Stake In Spotify, Keeps Binging On UiPath Shares
- Cathie Wood-led ARK Investment Management dumped over 200,000 shares of Spotify Technology SA (NYSE: SPOT) on Friday via two of the company's exchange-traded funds (ETFs). The share sale was valued at over $18 million, based on Friday's closing price.
- 10/02/2022
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Spotify: The Transition Is Slowly Happening
- Spotify recently laid out its vision for an audio platform that generates tens of billions of dollars of revenue and has a significantly improved margin profile. Investors are unimpressed though, and the stock is currently trading on historically low multiples, despite continued robust growth.
- 09/30/2022
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What Are The Best Stocks To Invest In? 4 Entertainment Stocks To Know
- Are these the best entertainment stocks to buy right now?
- 09/29/2022
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Options Traders Just Made a Speedy Profit on Spotify Puts
- Subscribers to our Schaeffer's Weekly Options Trader service scored a 110% profit with our recommended Spotify Technology SA (NYSE:SPOT) September 23, 2022 112-strike put in under two weeks.
- 09/27/2022
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‘There's endless choice, but you're not listening': fans quitting Spotify to save their love of music
- Former streaming service subscribers on why they have ditched mod cons for MP3s, CDs and other DIY music formats
- 09/27/2022
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3 Growth Stocks Down 60.3% to 66.3% to Buy and Hold
- A depressed stock market is offering deals on these stocks that look too good to pass up.
- 09/24/2022
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Spotify Stock Is a Screaming Buy Today
- Spotify is quietly building out a platform to "own your ears."
- 09/22/2022
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Spotify's New Audiobook Platform Pits It Against Amazon and Apple | Tech News Briefing Podcast | WSJ
- Streaming giant Spotify has entered the audiobook market with a new platform. But growing in this space won't be the same as disrupting music listening or gaining a foothold in podcasting.
- 09/21/2022
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What Spotify Audiobooks Business Could Mean for SPOT Stock
- Spotify (NYSE: SPOT ) is breaking into the audiobook business. Currently, the company is mostly known for music and podcasts, but it will now offer over 300,000 audiobook titles.
- 09/21/2022
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Spotify Island on Roblox launches a new virtual destination for hip-hop listeners
- It's been four months since Spotify's debuted its virtual Spotify Island on Roblox, which made it the first music streaming service to have an official presence within the gaming platform. Today, Spotify launched a new space-themed digital destination on Roblox called Planet Hip-Hop, which will soon feature up-and-coming female rapper Doechii.
- 09/21/2022
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2 Once-in-a-Generation Buying Opportunities in the Bear Market of 2022
- These companies are unloved by investors at the moment but have huge long-term opportunities.
- 09/21/2022
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Spotify launches audiobook store with some 300,000 titles
- The expanding audio books market has a major new retailer: Spotify.
- 09/21/2022
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Spotify launches audiobook store with more than 300,000 titles
- NEW YORK — The expanding audio books market has a major new retailer: Spotify.
- 09/20/2022
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Spotify Adds Audiobooks to Its Offerings
- Citing what it said were years of customer requests, audio streaming platform Spotify said it is adding audiobooks to its offerings. Beginning Tuesday (Sept.
- 09/20/2022
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The 7 Best Growth Stocks to Buy in October
- Amid fears of persistent inflation and economic slowdown, many growth names, especially those that aren't yet profitable, have fared poorly this year. However, growth stocks tend to outperform the broader market over the long term.
- 09/20/2022
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Spotify announces launch of audiobooks for U.S. listeners
- U.S. Spotify users will now be able to purchase and listen to more than 300,000 different audiobook titles, the company announced Tuesday.
- 09/20/2022
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Spotify takes on Amazon's Audible, launches audiobook service for U.S. users
- Spotify Technology SA is locking horns with Amazon.com Inc's Audible, with the launch of its audiobook service in the United States.
- 09/20/2022
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Spotify Adds Audiobooks, Calls U.S. Launch “The Next Frontier For Us As A Company”
- Spotify has made more than 300,000 audiobook titles available for purchase in the U.S. via a new user interface, calling the entry into the category “the next frontier for us as a company.
- 09/20/2022
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Spotify warns Apple Watch owners not to update to WatchOS 9 because of a bug that breaks music streaming
- Apple WatchOS 9 has issues that can break streaming capabilities when using Spotify, which has told users not to upgrade to the latest operating software.
- 09/16/2022
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2 Hot Stocks to Buy and Hold Until You Retire
- Both of these companies are riding steady tailwinds that should drive profits higher for years to come.
- 09/15/2022
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4 Growth Stocks to Buy and Hold Forever
- Buying when these stocks are low could be the investment move of a lifetime.
- 09/12/2022
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Spotify Launches New Site To Sell Tickets To Live Music Events
- To further diversify its revenue stream portfolio, Spotify has turned to another angle of the music business to generate income. Selling tickets for live industry events.
- 09/11/2022
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Spotify Continues To Evolve
- Making continual innovations in the digital age, Spotify has evolved to handle about €200 million of annual marketing for labels. Spotify is helping the podcasting space to evolve past outdated RSS technology.
- 09/11/2022
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Mark Mahaney wants you to be ‘long' Spotify: find out why
- Spotify Technology SA (NYSE: SPOT) is still struggling to meaningfully recover from the low it made in May. But that, as per Mark Mahaney (Managing Director at Evercore ISI) is an opportunity to buy.
- 09/09/2022
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Investors should get into Spotify now, says Evercore's Mark Mahaney
- Mark Mahaney, Evercore ISI senior managing director, joins 'Closing Bell' to discuss his top tech picks, including Uber and Spotify.
- 09/09/2022
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Spotify exec says the company will begin testing audiobooks ‘very soon'
- Spotify CFO Paul Vogel says the music streaming platform will begin testing and trialing audiobooks “very soon.” The Spotify executive said the company plans to continue to expand its portfolio of products, as it sees opportunities for growth in both its established markets and its developing markets.
- 09/08/2022
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Spotify Technology S.A. (SPOT) 2022 Evercore ISI 2nd Annual Technology, Media & Telcom Conference (Transcript)
- Spotify Technology S.A. (NYSE:SPOT ) 2022 Evercore ISI 2nd Annual Technology, Media & Telcom Conference Call September 7, 2022 8:00 AM ET Company Participants Paul Vogel - Chief Financial Officer Conference Call Participants Mark Mahaney - Evercore ISI Mark Mahaney All right.
- 09/07/2022
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TikTok is upending the music industry and Spotify may be next
- Viral videos on TikTok are turning into big hits on streaming services. The industry is getting ready to see how TikTok capitalizes on its influence.
- 09/05/2022
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2 Top Tech Stocks Ready for a Bull Run
- It is time to take advantage of this current bear market.
- 09/03/2022
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Spotify: The Future Looks Very Bright
- In tandem with other tech stocks, Spotify has continued to fall despite a very strong Q2 earnings print. The company added a healthy number of Premium subscribers, while continuing to drive excellent advertising revenue growth.
- 08/31/2022
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Does Spotify Have a Moat?
- Plus a look at earnings reports from Target and Lowe's.
- 08/27/2022
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7 Growth Stocks With Huge Catalysts Ahead
- Circumstances have not panned out favorably for growth stocks this year, let's be honest. For instance, while the benchmark S&P 500 is down more than 12% since the beginning of 2022, the tech-centric Nasdaq shed 20% in the same frame.
- 08/26/2022
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Is Most-Watched Stock Spotify Technology (SPOT) Worth Betting on Now?
- Spotify (SPOT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
- 08/26/2022
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Is YouTube About to Crash the Podcast Party?
- If the company is serious about podcasts, it could be bad news for Spotify.
- 08/26/2022
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Conquer Inflation: Buy These 3 Stocks Right Now to Stay Ahead of Rising Prices
- Inflation hasn't been this high since the 1980s. These stocks will help investors weather the storm.
- 08/25/2022
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Spotify Chief Financial Officer to Present at the 2022 Evercore ISI 2nd Annual Technology Conference
- NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) announced today that Paul Vogel, Chief Financial Officer, will present at the 2022 Evercore ISI 2nd Annual Technology Conference on Wednesday, September 7, 2022. Mr. Vogel is scheduled to appear at 8:00 a.m. Eastern Time. The webcast will be available live and for replay on the Spotify Investor Relations website at http://investors.spotify.com. About Spotify Technology S.A. Spotify is the world's most popular audio streaming subscr
- 08/23/2022
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Spotify prompts some users to record reaction podcasts to playlists
- After testing new in-app podcast recording tools for users in New Zealand, Spotify is now trialing a new audio feature in Vietnam, one that's designed to encourage users to record voice reactions to playlists.
- 08/16/2022
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Market Recovery: 3 Software Stocks to Buy Before It's Too Late
- The recent bounce off the June lows could mean software stocks are ready to begin rising again.
- 08/14/2022
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Spotify Has Turned a Corner and Is Now a Great Buy
- It's time to stop questioning Spotify's growth potential.
- 08/13/2022
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Google Meet's new feature will let users consume YouTube and Spotify together
- As Google continues the great merger between its Duo and Meet video communications apps, the company today announced that it's introducing new Apple SharePlay-like live-sharing features to Meet, making it easier for call-participants to engage with content together in real time. It's worth noting that Google already introduced some live-sharing features (e.g.
- 08/11/2022
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Spotify Tests Direct Ticket Sales
- Streaming music service Spotify is making another venture into live music with plans to sell concert tickets directly to fans instead of linking to outside ticket companies. As Music Ally reported, the service — which debuted Wednesday (Aug.
- 08/10/2022
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Spotify Begins Testing Direct Concert Ticket Sales Platform
- Fans can purchase tickets for select shows directly through Spotify.
- 08/10/2022
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Spotify launches new site to sell live music tickets directly to fans
- Yahoo Finance anchors discuss Spotify expanding into live ticket sales.
- 08/10/2022
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Spotify starts selling live music tickets to fans directly
- Spotify has launched a new site to sell fans tickets to live gigs directly from its platform instead of redirecting users to partners like Ticketmaster and Eventbrite.
- 08/10/2022
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Spotify updates its home screen with new personalized discovery feeds for music and podcasts
- Spotify announced today that it's launching a new Home experience that includes separate feeds for “Music” and “Podcasts & Shows.” Now, when Spotify users launch the app, they'll notice two feeds at the top of the home screen.
- 08/09/2022
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3 Top Tech Stocks to Buy Right Now
- The Nasdaq is bouncing back. What tech stocks are the best investments?
- 08/08/2022
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These Tech Stocks Are So Cheap at the Moment; Don't Miss Out.
- These stocks are chosen, not only because of their current metric ratios but also on the basis of their potential.
- 08/07/2022
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Is Spotify Technology Stock Recession-Proof?
- Despite near-term risks, it's time to reconsider this streaming stock.
- 08/04/2022
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Leveraged bets on tech stocks like Spotify and Shopify tanked a hedge fund that was up over 146% in 2020: report
- Over the first half of 2022, Marcho Partners sank 84% amid the bear market, the Wall Street Journal reported. The firm was up 146% in 2020.
- 08/02/2022
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Time to Buy Spotify After This Latest Stock Pop?
- The audio streamer reported solid Q2 earnings and is still primed to grow revenue over the next three to five years.
- 08/02/2022
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This Growth Stock Just Crushed Earnings. Is It Time to Buy Now?
- Why the market loves Spotify's most recent quarter.
- 08/02/2022
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Why Spotify Stock Popped 20.5% In July
- The audio streamer posted solid Q2 earnings results.
- 08/01/2022
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Spotify wants users to pay for separate ‘Play' and ‘Shuffle' buttons
- Spotify is updating its app to address a long-standing user complaint with music playback — but it's asking customers to pay for the fix.
- 08/01/2022
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Spotify: Rapid Growth, High Retention And Undervalued
- Spotify is the world's most popular music streaming app with a ~33% market share. The company beat analyst expectations for revenue growth and has low churn of just 3.9%.
- 07/31/2022
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The online ad market is in decline and it's dragging down tech giants with it
- Much of contemporary Silicon Valley was built on advertising dollars. That dependence made even the most powerful companies look at least somewhat vulnerable this week after reporting their latest earnings results.
- 07/29/2022
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Spotify forks out $295M for Findaway, Podsights, Chartable, and Sonantic, filing reveals
- Spotify has quietly announced how much it's paying for four of its recent acquisitions, revealing that it's doling out a combined €291 million ($295 million) for Findaway, Podsights, Chartable, and Sonantic.
- 07/28/2022
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Spotify's new personalized playlist will recommend tracks based on what friends are listening to
- Spotify is launching a new personalized playlist called “Friends Mix” to give users a way to discover new tracks based on the Blends they've created with with their friends.
- 07/28/2022
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Spotify: Listen And You Can Hear The Value Drums Beating
- Spotify released Q2 earnings this week. Subscriber and ad numbers bucked the recession trends.
- 07/28/2022
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5 Monster Growth Stocks Begging to Be Bought
- Growth stocks won't be out of favor forever, and these companies could lead the comeback when it begins.
- 07/28/2022
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Why Spotify Technology Stock Jumped Wednesday
- Spotify is not seeing any impact from a weaker economy.
- 07/27/2022
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Spotify stock shoots toward best day since 2020 as CEO says ‘it's hard to be anything but optimistic'
- Spotify Technology Inc. executives sounded resilient in the wake of macroeconomic headwinds Wednesday as the music-streaming company easily topped user-growth expectations for its latest quarter and projected further acceleration.
- 07/27/2022
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Spotify sees 2Q revenue beats expectations; music streaming titan opts to nix 'Car Thing'
- Spotify Technology SA (NYSE:SPOT) shares popped higher on Wednesday after the New York-listed audio streaming giant posted a second-quarter revenue beat and a 14% increase in paid subscribers. The Sweden-based company reported revenue of 2.9 billion euros ($2.94 billion), a 23% increase year-over-year, compared to expectations of 2.8 billion euros, according to IBES data from Refinitiv.
- 07/27/2022
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Spotify Technology S.A. (SPOT) CEO Daniel Ek on Q2 2022 Results - Earnings Call Transcript
- Spotify Technology S.A. (NYSE:SPOT ) Q2 2022 Earnings Conference Call July 27, 2022 8:00 AM ET Company Participants Bryan Goldberg - Head, Investor Relations Daniel Ek - Chief Executive Officer Paul Vogel - Chief Financial Officer Operator Good morning.
- 07/27/2022
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Spotify pops on revenue beat, subscriber growth
- Spotify shares popped more than 14% on Wednesday after the company reported second-quarter 2022 earnings that beat analyst expectations on revenue.
- 07/27/2022
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Spotify stock soars on Q2 revenue and subscriber growth
- Yahoo Finance's Allie Canal joins the Live show to discuss second-quarter earnings for Spotify.
- 07/27/2022
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Spotify losses widen as costs and subscribers increase
- The world's most popular streaming service Spotify on Wednesday recorded wider losses on rising costs even though subscriber numbers beat expectations in the second quarter.
- 07/27/2022
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Spotify (SPOT) Stock Gains on Impressive User Growth
- Source: Fabio Principe / Shutterstock.com Spotify (NYSE: SPOT ) stock is on the rise Wednesday as investors react to a strong earnings report for the second quarter of 2022. In that report, Spotify notes that monthly active users increased 19% year-over-year to 433 million.
- 07/27/2022
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Is Spotify stock a ‘buy' after the Q2 report this morning?
- Spotify Technology SA (NYSE: SPOT) reported a wider-than-expected loss for its fiscal second quarter on Wednesday. Still, LightShed Partners' Rich Greenfield says the stock is worth owning here.
- 07/27/2022
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Spotify Expects to Hit 450 Million Listeners By October
- Spotify grew to 188 million subscribers and 433 million listeners in its latest period.
- 07/27/2022
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Spotify is the most interesting name investors have written off, says Rich Greenfield
- Rich Greenfield, LightShed Partners co-founder, joins CNBC's 'Squawk Box' to break down investing opportunities ahead of the open on Wednesday.
- 07/27/2022
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Spotify CEO Daniel Ek Says “Very Dire Macro Environment” Isn't Stopping Company's Momentum; Strong Q2 Subscriber Outlook Boosts Battered Stock
- Spotify CEO Daniel Ek says the “dire macro environment” of inflation and other headwinds has not slowed the company's momentum. He delivered the comments on the company's second-quarter earnings call. The company reported total revenue of $2.9 billion, up 23% and just ahead of Wall Street analysts' consensus expectation. Net losses widened to $126.
- 07/27/2022
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Spotify (SPOT) Reports Q2 Loss, Tops Revenue Estimates
- Spotify (SPOT) delivered earnings and revenue surprises of -33.82% and 2.88%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 07/27/2022
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Spotify Stock Rises as User Growth Tops Expectations
- The company's monthly active users in the quarter rise to 433 million from 365 million a year earlier.
- 07/27/2022
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Spotify stock rallies after loss widens, but revenue and MAUs beat expectations
- The U.S.-listed shares of Spotify Technology S.A. SPOT, -5.84% rallied 2.9% in premarket trading Wednesday, after the Luxembourg-based digital music service company reported a wider-than-expected second-quarter loss but revenue and monthly active users (MAUs) that beat expectations and provided an upbeat outlook.
- 07/27/2022
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Spotify's quarterly revenue beats expectations
- Spotify reported second-quarter revenue above analysts' estimates on Wednesday, as paying subscribers for its premium service rose 14% and more users listened to its podcasts.
- 07/27/2022
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Spotify earnings expected to be hit by Russia exit
- Spotify Technology SA (NYSE:SPOT) is due to release its financial results for the second quarter on Wednesday and are expected to be impacted by its exit from the Russia market. The audio streaming subscription service said in April that its second quarter would be affected by the full closure of its services in Russia.
- 07/26/2022
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Spotify (SPOT) to Post Q2 Earnings: What's in the Offing?
- Spotify's (SPOT) second-quarter 2022 revenues are likely to have surged year over year.
- 07/25/2022
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Spotify adds more artists to its Blend tool, allows fans to buy merch via the feature
- Spotify announced today that it's expanding its Blend playlist creation tool to include more artists, and will now also allow fans to purchase artist merch through the feature. The Blend tool allows two Spotify users to see where their musical tastes overlap by mixing together their favorite songs to find those they have in common.
- 07/20/2022
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3 Reasons Spotify Can Be A Long-Term Winner
- Spotify is cheap based on TTM earnings, with optionality in the marketplace businesses. The inability to differentiate music catalog protects Spotify from bigger competitors.
- 07/18/2022
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Best Growth Stocks To Buy Now? 5 Social Media Stocks To Watch
- Can these social media stocks be valuable additions to your portfolio?
- 07/16/2022
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Hulu is turning Spotify's most popular playlist into a new docuseries, ‘RapCaviar Presents'
- Spotify's hip-hop playlist “RapCaviar” will now be a new documentary series on Hulu. The eight-episode docuseries “RapCaviar Presents” aims to address “today's most provocative issues” through stories of top hip-hop artists like Tyler the Creator, Jack Harlow, Megan Thee Stallion, Doja Cat, Saweetie, and Roddy Ricch, according to Spotify.
- 07/15/2022
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Spotify: The Right Time To Buy
- Severe pessimism on Spotify has plunged the stock more than 60% year to date. The company continues to build up new users and Premium subscribers, but at a slower pace than in the past.
- 07/15/2022
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Top 5 Trades of Cathie Wood's ARK Invest in 2nd Quarter
- ARK Investment Management, the firm founded by Catherine Wood (Trades, Portfolio), disclosed in a regulatory filing that its top five trades during the second quarter included boosts to its holdings in Roku Inc. ( ROKU , Financial) and Coinbase Global Inc. ( COIN , Financial) and reductions to its positions in Shopify Inc. ( SHOP , Financial), Spotify Technology SA ( SPOT , Financial) and Sea Ltd. ( SE , Financial).
- 07/13/2022
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Why Spotify acquired song guessing game Heardle
- Spotify on Tuesday acquired a song guessing game, which could help fans discover music and spend more time on the platform.
- 07/13/2022
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Spotify buys Heardle - but some players are deeply unimpressed
- Spotify has bought the musical guessing game Heardle - but some fans are not happy about the takeover.
- 07/12/2022
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Spotify Buys Music Trivia Game Heardle
- Spotify has purchased Heardle, a daily music game, in what it says is a way to add more opportunities for music discovery, a company press release said Tuesday (July 12).
- 07/12/2022
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Spotify Buys Wordle Music Trivia Spinoff Heardle
- The move comes six months after the New York Times acquired the viral game Wordle for more than $1 million.
- 07/12/2022
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Spotify acquired Heardle, the Wordle-inspired music guessing game
- If you tried to play the Heardle this morning and got redirected to a Spotify website, that wasn't a glitch. Spotify announced today that it acquired the Wordle-inspired music guessing game, which the streamer will leverage to support music discovery.
- 07/12/2022
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Spotify buying Heardle, the Wordle-inspired music game
- Spotify announced Tuesday it's acquiring Heardle, a music recognition trivia game that's shot up in popularity in the past year, for an undisclosed amount.
- 07/12/2022
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Spotify is expanding video podcast publishing to creators in six more countries
- Spotify is expanding the ability to post video podcasts for creators in six new countries, including Germany, France, Italy, Spain, Brazil, and Mexico. This marks the first time the audio streaming company is making this feature available in non-English speaking countries.
- 07/12/2022
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Spotify brings real-time lyrics to Google Nest Hub
- Around nine months after bringing real-time lyrics to Android, iOS, smart TVs, game consoles, and desktops, Spotify has now introduced them to the Nest Hub, Google's smart device for the home, as well as other Google Assistant smart displays. 9to5Google and Reddit users noticed this rollout a few days ago.
- 07/11/2022
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2 Red-Hot Growth Stocks to Buy in 2022 and Beyond
- These companies have strong industry tailwinds and huge market opportunities to go after.
- 07/08/2022
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Spotify: A Global Leader At An Enticing Price
- Spotify is the global leader in music and podcast streaming. It is a founder-led, mission-driven company that recently showed its lofty ambitions: to become a $100bn revenue company in the next decade.
- 07/05/2022
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France's Spotify rival Deezer loses ground on its stock market debut
- Shares in French music streaming platform Deezer fell 6% on their Paris market debut on Tuesday.
- 07/05/2022
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Will This Spotify Acquisition Strengthen Ad Revenue?
- Adding new content can help drive growth.
- 07/02/2022
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Spotify partners with Netflix to curate a personalized ‘Stranger Things' playlist for fans
- Which song will save you from Vecna? In partnership with Netflix, Spotify has launched a personalized “Stranger Things” playlist dedicated to Season 4 Volume 2, which premieres this Friday, July 1.
- 07/01/2022
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Spotify is testing in-app podcast creation tools
- Spotify is testing new tools that will allow you to record, edit, and publish podcasts directly from the company's main app. The company introduced this feature in New Zealand last month.
- 07/01/2022
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Block: Buy, Sell, or Hold?
- With shares down 72% over the past year, investors in this top fintech are asking what to do.
- 07/01/2022
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Spotify's latest feature lets you imagine a supergroup consisting of your favorite artists
- Spotify announced today that it's launching a new “Supergrouper” in-app feature that lets you create a supergroup consisting of up to five artists. After you create and name your group, Spotify will curate a playlist of songs from the artists you selected.
- 06/28/2022
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Spotify Technology S.A. to Announce Financial Results for Second Quarter 2022
- NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) will post its second quarter 2022 financial results and letter to shareholders on Wednesday, July 27, 2022 before market open. The company will hold a question and answer session to discuss second quarter 2022 financial results at 8:00am Eastern Time. Management will answer questions submitted via Slido. Questions may be submitted the day of the call at www.slido.com using the event code #SpotifyEarningsQ222. A live webcast of the
- 06/27/2022
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Spotify revamps in-app concert discovery with new Live Events Feed
- Spotify is introducing a new feature that will allow users to better discover nearby events and concerts. The streaming service today announced it's replacing its in-app Concert Hub with a new Live Events Feed that will allow you to find favorite artists' events in your area in a way that's personalized to your own interests.
- 06/23/2022
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Spotify's Dawn Ostroff on the state of the ad market
- Julia Boorstin speaks with Spotify's Chief Content & Advertising Officer, Dawn Ostroff, about the state of the ad market and what's driving future growth for the audio streaming company.
- 06/22/2022
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Spotify is developing ‘Community,' a new place to see your friends' activity in the mobile app
- Spotify is developing a new feature called Community that would allow mobile users to see what sort of music their friends are streaming in real-time as well as what playlists they've recently updated in a dedicated place in the app. The company today offers a similar “Friend Activity” feature on the desktop, but had limited […]
- 06/22/2022
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Obamas' podcast productions leaving Spotify for Audible
- After ending their deal with Spotify, the Obamas will take their podcasts to Audible.
- 06/21/2022
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Top Software Stocks To Invest In Right Now? 4 For Your Mid-June Watchlist
- Could these software stocks be a good addition to your watchlist?
- 06/20/2022
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2 Tech Stocks You Can Buy and Hold for the Next Decade
- These market leaders offer explosive return potential.
- 06/19/2022
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Spotify to slow hiring by 25%
- Spotify has become the latest tech giant to announce adjustments to its hiring, following Meta, Twitter, Intel Corporation and Uber
- 06/17/2022
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Spotify to cut hiring by 25%
- Spotify Technology SA (NYSE:SPOT) shares got a boost from its plan to reduce hiring "and be a little more prudent" over the next few quarters. Chief executive Daniel Ek notified the audio app company's workers via email that it would slow the pace of recruitment by 25%, having added more than 2,000 new employees between 2019 and 2021 to take it total to 6,617 at the end of last year.
- 06/16/2022
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Spotify Expects Its Business to Grow 10 Times Larger in 10 Years
- How the company plans to reach its new long-term outlook.
- 06/15/2022
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Spotify Expects to Slow Hiring, Growth
- Spotify Technology SA will slow hiring in the coming months by 25 percent due to deteriorating macroeconomic conditions, Chief Executive Daniel Ek wrote in a memo to employees cited today (June 15) by various media. The audio-streaming service has been on a “hiring spree,” adding 2,000 employees from 2019 through 2021 and bringing the company's […]
- 06/15/2022
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Spotify announces hiring freeze
- CNBC's Kristina Partsinevelos joins 'Closing Bell: Overtime' to report on Spotify's announcement that it will slow hiring by 25%. Also, the WWE investigation that has its stock falling.
- 06/15/2022
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Spotify Reducing Hiring Growth By 25%, CEO Says
- The streaming service did not issue a hiring freeze.
- 06/15/2022
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Spotify is slowing hiring by 25%, CEO says
- It's the latest signal that companies across tech are cutting back on staff growth as economic uncertainty looms.
- 06/15/2022
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Spotify to Slow Hiring, Joining Other Tech Companies
- A source confirmed to Barron's that an email had been sent to Spotify staff saying the company would 'reduce hiring growth by 25%.'
- 06/15/2022
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Spotify to slow hiring by 25%
- Spotify Technology SA Chief Executive Officer Daniel Ek informed the staff via email on Wednesday that the audio streaming company would reduce its hiring by 25%, according to a source familiar with the contents of the email.
- 06/15/2022
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Spotify Gets an Upgrade. Why an Analyst Says It Could Be More Profitable.
- Spotify Technology stock climbed after Wells Fargo said the music streaming platform could be more profitable than previously expected.
- 06/15/2022
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Wells Fargo Changes Its Stance and Re-rates Spotify: Find Out Why
- Wells Fargo analyst Steven Cahall upgraded Spotify Technology S.A. (NYSE: SPOT) from Underweight to Equal-Weight.
- 06/15/2022
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After Rogan Covid-19 controversy, Spotify forms a safety council to rethink its content moderation policies
- After finding itself embroiled in a lengthy saga over how its star podcaster Joe Rogan spread COVID-19 vaccine-related misinformation on his show earlier this year, Spotify has announced a new initiative that could help it in situations like these in the future. It has formed a Safety Advisory Council, with the aim of making better […]
- 06/14/2022
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6 Key Takeaways From Spotify's 2022 Investor Day
- All evidence points to podcasts becoming a larger piece of the global audio market over the next decade and Spotify is well placed to capitalise on this trend. In their investor day presentation, Spotify management reiterated their expectations for podcasting gross margins to reach 30% over the next 3-5 years.
- 06/14/2022
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Spotify to Acquire AI Text-to-Voice Platform Sonantic
- Music and podcast purveyor Spotify on Monday (June 13) announced it is acquiring Sonantic, which specializes in using artificial intelligence to convincingly replicate human voices from text. Spotify said in the announcement that it is buying the platform to improve its user experience through the implementation of “compelling, nuanced, and stunningly realistic voices from text.
- 06/13/2022
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Elon Musk warns of tough quarter for Tesla, Spotify forms advisory council for harmful content
- Yahoo Finance anchors Rachelle Akuffo, Seana Smith and Dave Briggs report some of the latest business headlines including Spotify is forming an advisory council to deal with harmful content after its Joe Rogan backlash; Tesla CEO Elon Musk warning employees in an internal memo of a “very tough quarter” for the company and Revlon stock falls on possible Chapter 11 bankruptcy news.
- 06/13/2022
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Exclusive-Spotify forms Safety Advisory Council
- Spotify Technology SA on Monday announced it has formed a Safety Advisory Council to provide third-party input on issues such as hate speech, disinformation, extremism and online abuse.
- 06/13/2022
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Spotify is acquiring Sonantic, the AI voice platform used to simulate Val Kilmer's voice in Top Gun Maverick
- Streaming giant Spotify, most famous for its music and podcast streaming services targeting consumers, it's making an acquisition of a voice AI company to expand its reach in audio technology — opening the door not just to building more functionality on Spotify itself, but other potential business opportunities elsewhere, too. Today, the company announced that […]
- 06/13/2022
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The streaming company Netflix may really need to buy.
- James Cakmak, Clockwise Capital, says Netflix should forget about Roku and buy Spotify. With CNBC's Carl Quintanilla and the Fast Money traders, Bonawyn Eison, Guy Adami, Steve Grasso and Julie Biel.
- 06/09/2022
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Spotify optimistic about $1 billion investment in podcasts
- Yahoo Finance Live anchors discuss Spotify's comments about its podcast investment during the company's investor day.
- 06/09/2022
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Spotify Sees Revenue Reaching $100 Billion in 10 Years
- Daniel Ek, chief executive of Spotify, tells investors the company is on track to hit 1 billion users by 2030.
- 06/09/2022
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Spotify Has Numerous Advantages
- The 2021 music-only gross margin was 28.5% when adjusted for currency fluctuations. Advertising is now almost 1/4th of revenue in the U.S. compared to 1/10th globally.
- 06/09/2022
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Spotify shares surge on CEO Daniel Ek's bullish growth outlook
- Music-streaming platform Spotify Technology SA expects its podcasting unit to become profitable within the next couple of years, and its overall business to generate $100 billion in annual revenue within the next decade.
- 06/08/2022
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Spotify vs Netflix: Mark Mahaney picks a side
- Spotify Technology SA (NYSE: SPOT) sure is one of the hardest hit stocks this year. Still, Mark Mahaney says it hasn't hit the Netflix Inc (NASDAQ: NFLX) wall “yet”.
- 06/08/2022
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Spotify stock jumps on podcast revenue details
- Yahoo Finance Live's Seana Smith checks out Spotify's boosted stock ahead of the closing bell.
- 06/08/2022
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Spotify hasn't hit the Netflix wall, yet, says Evercore ISI's Mark Mahaney
- Mark Mahaney, Evercore ISI head of internet research, joins 'Closing Bell' to discuss Spotify and Netflix stocks.
- 06/08/2022
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Spotify Investor Day 2022: 7 Key Takeaways for SPOT Stock Investors
- Today, music streaming company Spotify announced a few intriguing things at its annual Spotify Investor Day. The post Spotify Investor Day 2022: 7 Key Takeaways for SPOT Stock Investors appeared first on InvestorPlace.
- 06/08/2022
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Why Spotify Stock Is Surging Today
- Spotify Technology S.A. (NYSE: SPOT) shares are trading higher Wednesday following the company's investor day presentation.
- 06/08/2022
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Spotify Brought In $215 Million On Podcasts After Investing $1 Billion—But Says It's Still In ‘Investment Mode'
- Spotify offers 4 million podcasts on its platform.
- 06/08/2022
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Spotify hypes the revenue potential of podcasts and audiobooks at its second Investor Day event
- In its second Investor Day, streaming service Spotify updated the financial community about its potential for further growth and monetization, despite the overall economic downturn impacting the tech sector. The company spent a good portion of its presentation specifically focused on podcasts, which it said had been “largely unchanged” for years before its entry into […]
- 06/08/2022
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2 Beaten-Down Tech Stocks Poised to Bounce Back in the Long Run
- Patient investors could enjoy massive gains from these discounted streaming giants.
- 06/08/2022
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Spotify's Lack of Focus Is Hurting Shareholders
- The music streaming giant has seen its stock fall 54% through five months of the year to trade at $111.65. SPOT stock is now 64% below its 52-week high of $305.60.
- 06/08/2022
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Spotify looks to stoke Wall Street enthusiasm amid cooling economy
- The audio streaming service Spotify Technology SA will host its first investor day since going public in 2018 on Wednesday, hoping to stoke Wall Street's enthusiasm despite the slowing global economy.
- 06/08/2022
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Why Spotify stock is a better buy than Netflix, according to an analyst
- Raymond James Analyst Andrew Marok joins Yahoo Finance Live anchors Brad Smith, Brian Sozzi and Julie Hyman to discuss Spotify stock and the outlook for video and music streaming.
- 06/07/2022
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Spotify: The Music Is Ending For This Once High-Flyer
- The company's current fundamentals cannot justify the expectations baked into its stock price, especially given slowing growth and weak guidance.
- 06/07/2022
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Analyst: Spotify Stock is Recession Proof
- The shares of Spotify Technology SA (NYSE:SPOT) are up 3.6% at $116.17 this morning, after Raymond James said the music subscription service is more reliable than streaming icon Netflix (NFLX).
- 06/06/2022
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Why Spotify Represents a Great Opportunity for Retail Investors
- SPOT stock has tumbled because of Wall Street's overdone fears about Spotify and macro factors. As a result, the shares are a great buy.
- 06/06/2022
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Spotify Stock 'Is Not Broken,' Analyst Says. This Could Be a Time to Buy.
- Raymond James upgrades shares of the music streaming service, saying the selloff has created a more favorable risk/reward profile.
- 06/06/2022
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Spotify And The Labels Are Dependent On Each Other
- Universal Music Group cites IFPI, saying streaming represented 62% of global recorded music revenue in 2020. Sony and Spotify are so incentivized to work well together that it can be hard to tell portions of their investor presentations apart.
- 06/03/2022
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Where Will Spotify Be in 5 Years?
- The audio streaming platform has a lot of new initiatives that will hopefully equate to healthy profits by early 2027.
- 06/02/2022
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How much media and tech giants from Spotify to TikTok pay employees in the US
- More than a year's worth of pay data shows what media companies including Hulu, Spotify, Snap, and more offer US staffers for tech and other jobs.
- 05/30/2022
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Down 55%, Spotify's CEO Recently Bought Shares. Should Investors Follow Suit?
- Should investors follow the smart money and double down on Spotify today?
- 05/27/2022
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Here's What Shareholders Need to See From Spotify's Investor Day
- Spotify's management team left lots to expect from this investor day. Here's what investors should keep an eye out for.
- 05/26/2022
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Spotify Has Crashed 70%: The Simple Bullish Thesis
- Spotify stock is now down 70% from all-time highs. The company continues to grow its user base at a rapid clip.
- 05/23/2022
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Spotify and Roblox Created an Inventive Metaverse Partnership
- The plan is to work together on a long-term basis.
- 05/22/2022
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Why It Might Be a Lucrative Time to Buy Spotify Stock
- The long-term outlook is also quite intriguing.
- 05/21/2022
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Step Into The Future With These 3 Streaming Service Stocks
- Should you consider these three streaming service stocks of Walt Disney Co., Netflix Inc. and Spotify Technology SA? The global video streaming market size was valued at $59.14 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 21.3%.
- 05/19/2022
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Check This Indicator Before Buying Growth Stocks
- Smart money buying has spiked to a two-year high, while selling's at a two-year low. This last happened at the bottom of the 2020 selloff.
- 05/18/2022
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Is Spotify a Stock to Buy After the Tech Wreck?
- SPOT stock is down 55% in 2022 and 25% in the last month. However if the company continues to show growth, it may be a buy later this year The post Is Spotify a Stock to Buy After the Tech Wreck?
- 05/13/2022
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What Spotify and Tinder aren't telling us
- Online activity is increasingly influenced by algorithmic recommendations based on data gathered about consumer behavior by companies that are often reluctant to disclose what data they're gathering or how they are using it.
- 05/10/2022
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7 Great Growth Stocks to Buy in May
- Although the downfall in the equities sector recently has been ugly, it may also represent an opportunity for growth stocks to buy. The post 7 Great Growth Stocks to Buy in May appeared first on InvestorPlace.
- 05/10/2022
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Match sues Google after being refused the same app-store treatment as Spotify
- Match Group Inc. sued Google on Monday, alleging the search giant broke antitrust laws with billing rules for the Android app store, the latest salvo in a global brawl involving the mobile-app industry.
- 05/09/2022
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Daniel Ek pumps $50 million into Spotify: ‘I believe our best days are ahead'
- Spotify cofounder Daniel Ek said on Friday that he's pouring $50 million into the music streaming service, driving its stock price up by more than 3% to a high of $108.98 per share during regular trading hours. The momentary rise, however, is a blip on the radar for Spotify, which has taken a beating this […]
- 05/06/2022
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CEO Daniel Ek Just Bought $50 Million of Spotify (SPOT) Stock. Here's Why.
- CEO Daniel Ek recently disclosed a $50 million purchase of SPOT stock via Twitter. This will be his first purchase since 2019.
- 05/06/2022
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Spotify CEO Buys $50M in Stock as Its Share Price Plumbs Record Lows
- Spotify CEO Daniel Ek casts the purchase as a vote of confidence in the company.
- 05/06/2022
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Spotify Stations has left the station
- Spotify Stations, the streaming service's lightweight listening app offering easy access to curated playlists, is shutting down on May 16. The company told TechCrunch that the app and web player will no longer be available after this date.
- 05/06/2022
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Has Spotify Stock Hit Bottom?
- Strong revenue growth and a reasonable valuation are good reasons to buy the stock at these low prices.
- 05/06/2022
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Is This the Best Semiconductor Stock of 2022?
- Intel is showing some strength in its market, but is it enough?
- 05/05/2022
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3 Unbeatable Growth Stocks That Look Like Bargains Now
- These lucrative businesses are growing their profitable operations at a hair-raising pace, but you wouldn't know it by looking at their sinking stock prices.
- 05/04/2022
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Why Roblox Stock Could Blast Higher Following Spotify Debut
- Roblox Corporation (NYSE: RBLX) shot up over 6% on Monday, after breaking up bullishly from a falling channel pattern on April 28, which Benzinga called out earlier that day. On Tuesday, Spotify Technology (NYSE: SPOT) announced its debut on Roblox, the first music streaming service to take up real.
- 05/03/2022
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Spotify Arrives on Roblox With a Private Musical Island
- The music streaming service wants gamers to hang with artists and make melodies in a crystal cave.
- 05/03/2022
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Spotify becomes first music streamer to launch on Roblox
- Spotify announced today it will become the first music streaming brand to have an official presence within Roblox, with the launch of “Spotify Island,” a place where artists and fans will gather to play interactive quests, unlock exclusive content, and buy artist merchandise. The new Spotify Island destination in Roblox will actually consist of a […]
- 05/03/2022
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Avoid Spotify Stock Even if It's on Track for a Comeback
- Spotify is constantly mired in controversy, has struggled for profitability and could face a Netflix-style problem. Avoid SPOT stock.
- 05/03/2022
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Why Spotify Stock Tanked 32.7% in April
- The audio streaming platform put out a strong earnings report, but investors are still not sold on the long-term value of the business.
- 05/02/2022
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Spotify Stock Sell-Off: The Truth Behind the Headlines
- How should you think about the streamer's latest quarterly results?
- 05/01/2022
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3 Reasons Investors Shouldn't Be Concerned About Spotify's 70% Drawdown
- The audio platform is not profitable, but continues to put up impressive growth numbers.
- 04/30/2022
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Spotify's Q1 Results Were Very Bullish for SPOT Stock
- Spotify reported very strong Q1 results, supporting my previous, positive thesis on SPOT stock. Spotify is a buy for some investors.
- 04/29/2022
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Spotify stock briefly drops to an all-time low; is it set to plunge further?
- Spotify (NYSE: SPOT) plummeted 10.7% on April 27, tumbling below $100 a share and setting an all-time low as the.
- 04/29/2022
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Netflix's Crash Triggers Concerns For Spotify Too
- Netflix, Inc's (NASDAQ: NFLX) share price crash has pulled down other media stocks emulating the streaming giant's moves. Spotify Technology S.A.
- 04/28/2022
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Spotify CFO Paul Vogel says this is a perfect time to invest
- Paul Vogel, Spotify CFO, joins 'Closing Bell' to discuss the company's latest quarter and how his business differs from Netflix.
- 04/27/2022
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Spotify stock sinks to lowest prices ever as CEO insists it is not like Netflix
- Spotify Technology SA shares dove to their lowest prices on record Wednesday as subscriber gains continue to slow faster than analysts expected, but the streaming-music service's chief executive insists his current issues are nothing like Netflix Inc.
- 04/27/2022
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2 Stocks Staging Wild Post-Earnings Swings
- Two different stocks are garnering attention today during an already jam-packed earnings season: music streaming giant Spotify Technology SA (NYSE:SPOT) and renewable energy name Enphase Energy Inc (NASDAQ:ENPH).
- 04/27/2022
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Spotify Technology S.A. (SPOT) CEO Daniel Ek on Q1 2022 Results - Earnings Call Transcript
- Spotify Technology S.A. (NYSE:SPOT ) Q1 2022 Earnings Conference Call April 27, 2022 8:00 AM ET Company Participants Bryan Goldberg - Head, Investor Relations Daniel Ek - Chief Executive Officer Paul Vogel - Chief Financial Officer Operator Good morning.
- 04/27/2022
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Why Spotify Shares Are Crashing Today
- Spotify Technology S.A. (NYSE: SPOT) reported first-quarter FY22 revenue growth of 24% year-over-year to €2.67 billion ($2.99 billion), beating the consensus of $2.83 billion.
- 04/27/2022
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Why Spotify Stock Was Sinking Today
- Disappointing guidance pushed the stock lower this morning.
- 04/27/2022
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Is SPOT Stock a Buy After Reporting Earnings? 3 Analysts Weigh In on Spotify.
- Spotify (SPOT) stock is on the move following the release of the music streaming company's earnings report for the first quarter of 2022. The post Is SPOT Stock a Buy After Reporting Earnings?
- 04/27/2022
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Spotify stock plunges on Q1 earnings despite adding two million paid subscribers
- Yahoo Finance Live anchors Julie Hyman and Brian Sozzi discuss first quarter earnings for Spotify.
- 04/27/2022
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Spotify falls 10% after first quarter earnings
- Spotify, which has heavily invested in its podcasting business and is trying to grow ads in the space, said ad-supported revenue came in at 282 million euros.
- 04/27/2022
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Rogan backlash didn't hurt Spotify's Q1, as paying subscribers grew 15% despite Russia exit
- We already suspected that the controversy surrounding the Joe Rogan podcast on Spotify was doing little to actually prompt users to leave the streaming service, based on app store data. Now, Spotify's first-quarter earnings have confirmed it.
- 04/27/2022
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Spotify shares tumble amid jumble of first quarter numbers
- Investors switched off Spotify Technology SA (NYSE:SPOT) after paid subscriber numbers grew slowly in the first quarter, echoing the measly growth at Netflix and following criticism over controversial Joe Rogan episodes. Revenue in the quarter was better than expected, up 19% at €2.7bn thanks to double-digit growth in both Premium and Ad-supported revenue.
- 04/27/2022
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Spotify Stock Sinks Despite Jump in Subscribers
- Monthly active users in the first quarter rise 19% to 422 million.
- 04/27/2022
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Spotify Touts Growth in Users, Subscribers, Podcasts
- Spotify saw double-digit growth in the number of subscribers and monthly active users on its streaming service, the company said in its earnings report Wednesday (April 28). According to the report, Spotify's monthly active user (MAU) base rose 19% year-over-year to 422 million, or 419 million excluding a one-time benefit of 3 million users.
- 04/27/2022
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Spotify Shrugs Off Joe Rogan Podcast Drama, Topping Q1 Estimates: “Nothing Has Changed At All”
- Spotify said it is not experiencing any negative effects from blowback over podcast hosts like Joe Rogan, with the company's first-quarter results exceeding Wall Street forecasts. The Stockholm-based audio giant swung to earnings of 24 cents a share compared with a loss of 30 cents a year ago. Revenue inched up to $2.8 billion from...
- 04/27/2022
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Spotify (SPOT) Tops Q1 Earnings and Revenue Estimates
- Spotify (SPOT) delivered earnings and revenue surprises of 192.31% and 2.64%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 04/27/2022
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Spotify stock price could drop below $100 despite earnings jump
- The Spotify (NYSE: SPOT) stock price rebounded sharply on Wednesday even after the company's earnings missed estimates. SPOT rose by more than 3.25%, to $114, which was significantly higher than this week's low of $105.
- 04/27/2022
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Spotify Stock Rises as Subscribers Jump in First Quarter
- Monthly active users in the first quarter rise 19% to 422 million.
- 04/27/2022
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Spotify beats quarterly revenue estimates on ads, user growth
- Audio streaming platform Spotify Technology reported quarterly revenue on Wednesday that beat analysts' estimates on higher advertising income and as more people subscribed to its premium service.
- 04/27/2022
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Earnings Previews: Kraft Heinz, Spotify, T-Mobile
- Before markets opened on Monday, Otis Worldwide beat analysts' profit estimates while missing on expected revenue.
- 04/25/2022
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Spotify launches new fund to support independent open source projects
- Spotify has announced that it's launching a Free and Open Source Software Fund to support independent open source projects. The company says the purpose of the fund is to bring attention to independent open source projects and give back to developers.
- 04/25/2022
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2 Stocks to Buy on the Netflix Decline
- Both these companies are getting pulled down along with the video streamer for no reason.
- 04/22/2022
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Why Spotify Stock Is a Buy for Long-Term Growth Investors
- Among the positive catalysts likely to boost SPOT stock are the increasing popularity of podcasts and the company's likely move into the black. The post Why Spotify Stock Is a Buy for Long-Term Growth Investors appeared first on InvestorPlace.
- 04/22/2022
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Spotify dances to the beat of open source
- A look at how Spotify is embracing open source, from its new open source program office to a dedicated fund for OSS project maintainers.
- 04/22/2022
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Spotify Can't Make a Turnaround Until It Can Show Profitability
- SPOT stock could get a bump on profitability from the new Google Play store deal, which Spotify Technology sorely needs. The post Spotify Can't Make a Turnaround Until It Can Show Profitability appeared first on InvestorPlace.
- 04/21/2022
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Spotify vs Apple: Video Podcasts For Free (And For All)
- Spotify platform-native features, like polls and questions and answers, will also work with videos, and creators will get video analytics as well as the ability to retroactively add video to older episodes.
- 04/21/2022
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Spotify now allows all creators in select markets to publish video podcasts
- Spotify today is expanding access to publish video podcasts to all creators across five key markets, including the U.S., alongside the introduction of a range of new tools for podcast creators like support for subscriptions, embeddable videos, analytics, and more. The company first began testing support for video podcast creation through its Anchor platform last […]
- 04/21/2022
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NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down Today?
- Tech stocks are slumping across the board today as investors digest Netflix's recent earnings call that left analysts scratching their heads. The post NFLX, FB, RBLX, SHOP, SPOT, TSLA: Why Are Tech Stocks Down Today?
- 04/20/2022
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Why Spotify, DraftKings, and Paramount Global Shares Plunged Today
- The fallout from Netflix's shocker burned other consumer discretionary names.
- 04/20/2022
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3 ‘NFLX Stocks' to Trade Now
- It's a guilty until proven innocent kind of day for three 'NFLX stocks', but investors may be able to work that to their advantage. The post 3 ‘NFLX Stocks' to Trade Now appeared first on InvestorPlace.
- 04/20/2022
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Spotify closed down its Greenroom Creator Fund with shift in live audio strategy
- Spotify recently announced that it would transition live audio content from its “Greenroom” app to its flagship streaming app while rebranding Greenroom as Spotify Live. However, the company didn't note at the time that its dedicated fund to fuel content creation on Greenroom, the Spotify Greenroom Creator Fund, would also be shutting down.
- 04/19/2022
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Spotify says my imaginary iguana Gerald likes Doja Cat
- Spotify will make you a custom playlist based on your pet's personality and your own listening habits. While the streamer first launched this feature in 2020, it made the experience native to the mobile app last week in honor of National Pets Day (which is apparently a thing).
- 04/18/2022
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Spotify rebrands live audio streaming service
- Spotify Technology SA on Tuesday re-branded its live audio-streaming service to Spotify Live and announced a slew of new content by top artists, as it doubles down on the format at a time when virtual events continue to attract audiences.
- 04/12/2022
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Spotify brings live audio shows to its main app, rebrands companion app Greenroom as ‘Spotify Live'
- As an earlier report had suggested, Spotify today announced it will integrate the live audio capabilities from its companion app, Spotify Greenroom, within the main Spotify streaming app. Greenroom will also rebrand as “Spotify Live,” as part of these changes.
- 04/12/2022
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Is Spotify Stock a Buy Ahead of Earnings? No.
- Is SPOT stock a buy with less than a month before Spotify's next earnings report? Based on its valuation it is not, as it is very pricey.
- 04/11/2022
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Apple under further scrutiny from European Commission after Spotify complaint
- Streaming giant Spotify, no stranger to controversy itself, has filed a complaint to the European Commission about iPhone behemoth Apple Inc (NASDAQ:AAPL). The Reuters news agency reports that Apple now faces avenues of exploration by the European Commission, which is investigating whether Apple's obsessive control freakery over its operating system is distorting competition in the music streaming market.
- 04/11/2022
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Spotify's Upcoming Q1 Results Could Propel the Stock Much Higher
- Spotify's upcoming Q1 results could propel the stock much higher. SPOT stock could take off if its Q1 and ad-supported revenue, buoyed by podcasts, keep accelerating.
- 04/11/2022
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Top Wall Street analysts say these stocks are the best for long-term growth
- TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Apple and Netflix
- 04/10/2022
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2 Tech Stocks You'll Regret Not Buying During This Sell-Off
- Both these companies are now trading at reasonable valuations given the market sell-off.
- 04/10/2022
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Netflix and Other Internet Companies Report Earnings Soon. Don't Get Your Hopes Up.
- This quarter's results will be the first to reflect the impact of Russia's invasion of Ukraine, as well as a sharp jump in both interest rates and fuel prices.
- 04/08/2022
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Spotify continues testing a TikTok-like discovery feed
- Spotify is experimenting with yet another new discovery feature, following last week's test of an “audio news feed” for podcasts. Now, the streaming service is testing a personalized feed on the app's home screen, which introduces users to new music through a feed of canvas loops (AKA, those GIFs that appear when you're listening to […]
- 04/08/2022
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Spotify's Podcast Investments Could Start Producing Profits Soon
- After years of dragging down gross margin, podcast profits are around the corner.
- 04/07/2022
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3 Vulnerable ARKK Stocks That Just Got Slapped
- Equities are rolling over and ARKK stocks are seeing serious selling. Here are three components of the fund vulnerable to more downside.
- 04/06/2022
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Spotify Stock Attempts to Breakout as Investors Focus on the Positives
- Some positive recent developments and cheap valuation could help reverse investor sentiment toward SPOT stock. The post Spotify Stock Attempts to Breakout as Investors Focus on the Positives appeared first on InvestorPlace.
- 04/04/2022
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Can Spotify Stock Bounce Back From its March Lows?
- When we last checked in on Spotify Technology SA (NYSE:SPOT), Alphabet's (GOOGL) Google had just announced it would begin letting the streaming platform use its own payment system in its Android app.
- 04/04/2022
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Spotify is testing a way to promote popular user-created playlists
- Spotify is testing a new “Featured Curators” feature that promotes popular user playlists alongside its official Spotify playlists, the company announced on Monday. The new feature is part of a limited-time test that is designed to amplify the playlists that users create on Spotify.
- 04/04/2022
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What These 2 Charts Can Teach You About Spotify
- And whether you should buy the stock now.
- 04/03/2022
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Spotify's Plan for Growth Faces a Real Obstacle
- Spotify is clear on where it expects its growth to come from. However, SPOT stock is a hold until they prove the plan can be achieved.
- 04/02/2022
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Down 65%, This Small-Cap Stock Could Be a Home Run for Patient Investors
- This is one of the most widely used platforms in the U.S., but its stock has yet to find much traction.
- 04/02/2022
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What Is a Tech-Ish Stock? 7 Tech Stocks That Get to Play in 2 Sectors
- Tech stocks have been expensive, at least until recently. However, looking for tech-ish stocks in related industries can turn up bargains.
- 04/01/2022
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Spotify Technology S.A. To Announce Financial Results for First Quarter 2022
- NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) will post its first quarter 2022 financial results and letter to shareholders on Wednesday, April 27, 2022 before market open. The company will hold a question and answer session to discuss first quarter 2022 financial results at 8:00am Eastern Time. Management will answer questions submitted via Slido. Questions may be submitted the day of the call at www.slido.com using the event code #SpotifyEarningsQ122. A live webcast of the e
- 04/01/2022
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How to Double Your Money With Less Trouble in SPOT Stock
- SPOT stock may sound like a controversial investment to some investors, but buyers stand to cash in on today's doubt. The post How to Double Your Money With Less Trouble in SPOT Stock appeared first on InvestorPlace.
- 03/30/2022
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Spotify expands its music-matching playlist ‘Blend' to work with up to 10 people, including select artists
- Spotify's popular playlist creation tool, Blend, is getting its biggest update since its offiical launch last year. The feature currently allows two Spotify users to see where their musical tastes overlap by mixing together their favorite songs to find those they have in common.
- 03/30/2022
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Snap Inc Stock Is Still Worth Fighting for in the Long Run
- SNAP stock is at the forefront of one of the strongest trends in decades: Snap Inc has a leading role in creating our new metaverse. The post Snap Inc Stock Is Still Worth Fighting for in the Long Run appeared first on InvestorPlace.
- 03/30/2022
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3 Streaming Stocks That Are Screaming Buys Right Now
- The share prices of these streaming stocks have been beaten down, but they provide attractive buying opportunities at current levels. The post 3 Streaming Stocks That Are Screaming Buys Right Now appeared first on InvestorPlace.
- 03/30/2022
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Spotify Can't Move Upward in Current Risk-Off Environment
- SPOT stock is a growth stock in a value environment, which doesn't work, especially considering recent guidance. The post Spotify Can't Move Upward in Current Risk-Off Environment appeared first on InvestorPlace.
- 03/30/2022
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Spotify adds COVID-19 content advisory two months after Joe Rogan uproar
- You probably remember a few months ago when you couldn't turn on the news, check Twitter or talk to your conservative uncle without broaching the issue of Joe Rogan, who is signed to an exclusive deal with Spotify worth more than $200 million. In January, 270 physicians and scientists published an open letter to Spotify demanding […]
- 03/28/2022
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Alphabet Allowing Spotify to Run Its Own Billing Won't Hurt Revenue
- GOOG stock won't be affected much by Spotify or the E.U. regulatory changes, given that Google Other is less than 11% of Alphabet's sales.
- 03/28/2022
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Spotify puts its Podz acquisition to use with test of new podcast discovery feature
- Last summer, Spotify acquired podcast discovery platform Podz for roughly $49.4 million, per an SEC filing, to help accelerate the streamer's extensive investments in podcasts. Now, Spotify is testing a feature that leverages the startup's technology to help users find new podcasts they may like, the company confirmed.
- 03/28/2022
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Spotify Stock Could Be Worth Double From Its New Google Play Deal
- SPOT stock could benefit from the new Google Play take rate split, leveraging its FCF higher, and potentially doubling its target value. The post Spotify Stock Could Be Worth Double From Its New Google Play Deal appeared first on InvestorPlace.
- 03/28/2022
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Spotify rolls out Covid disclosures two months after Joe Rogan boycott
- Spotify promised the feature, which is a small blue tab that points to its Covid-19 information hub, nearly two months ago.
- 03/28/2022
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Latest marketing and advertising salaries: What some of the hottest companies including Apple, Google, and Spotify pay
- Insider rounded up its reporting on what top companies like Apple, Google, and Netflix pay advertising and marketing employees.
- 03/28/2022
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Spotify Needs to Handily Beat Long-Term Expectations
- With its projected growth between now and 2025 fully priced in, SPOT stock needs to knock it out of the park in order to bounce back. The post Spotify Needs to Handily Beat Long-Term Expectations appeared first on InvestorPlace.
- 03/28/2022
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Spotify Looks to Go Direct Pay With Its Listeners, Recouping Big Bucks
- Spotify is working with Google on a direct billing option for its users. That ought to be good for SPOT stock over the long haul.
- 03/28/2022
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Spotify Stock Finally Has Fallen to Levels That Make It Worth Considering
- Spotify is making strong moves in the industry to expand its market share. SPOT stock is a buy in the dip.
- 03/28/2022
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Looking for Tech Stocks? These 3 Are Great Buys
- With the recent sell-off, these three digital compounders deserve a place in investors' portfolios.
- 03/26/2022
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Spotify Says “Nyet!” To Russia In Response To New Media Law, Suspends Streaming Service
- A new Russian law that makes it illegal to discredit the Russian military will cause Spotify to suspend its streaming service. Spotify Technology SA said today that it's getting out of Russia, citing the new law. Earlier this month, the company closed its office indefinitely in response to what it termed Russia's “unprovoked attack on...
- 03/25/2022
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Spotify will suspend its services in Russia in light of free speech crackdown
- Spotify will discontinue access to its streaming services in Russia in light of the country's dramatic new restrictions on free speech. In early March, the Russian parliament enacted a new law that criminalizes sharing what the government deems to be “false information” about Russia's operations in Ukraine.
- 03/25/2022
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Spotify confirms it's testing a new ‘Car Mode' interface with some users
- Spotify has started testing a new “Car Mode” interface with some users, the company confirmed to TechCrunch on Friday. The test comes a few months after Spotify announced that it was retiring its simplified automotive interface called “Car View,” which displayed playback controls and your current track when driving.
- 03/25/2022
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Spotify says it will suspend service in Russia
- Spotify Technology SA said Friday it will suspend its streaming service in Russia in response to the country's new media law.
- 03/25/2022
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Where Will Spotify Stock Be in 5 Years?
- The music and audio streamer's stock has had a rough last few months. Will its fortunes change over the next few years?
- 03/25/2022
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Google to Allow Alternative Payment Systems for Spotify. Don't Expect Apple to Budge.
- Alphabet's Google unit will allow Spotify to offer an alternative-billing service in its app, setting a precedent for the Google Play Store platform.
- 03/24/2022
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Spotify Stock: Breaking Down the Pros and Cons
- Investors are rethinking SPOT stock after its massive share price decline. Here's what you need to know about the music streaming leader.
- 03/24/2022
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Stocks in focus March 24: Nikola, Spotify, Apple
- Yahoo Finance 's Emily McCormick, David Briggs, and Rachelle Akuffo check out several of the day's trending stock stories, including Google's new billing system for Spotify.
- 03/24/2022
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Google to let Spotify to offer its own billing on Android
- Yahoo Finance's Dan Howley joins the Live show to discuss Google's partnership with Spotify that will allow Android users to choose whether to use Google's or Spotify's billing option.
- 03/24/2022
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Spotify Says It Paid $7 Billion In Royalties In 2021 Amid Claims Of Low Pay From Artists
- Rights holders receive .0033 to .0054 cents a stream on Spotify, according to Insider.
- 03/24/2022
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Spotify Stock Continues to Thrive Amidst the Podcasting Boom
- SPOT stock has a fantastic growth runway ahead led by its tremendous podcasting business. The post Spotify Stock Continues to Thrive Amidst the Podcasting Boom appeared first on InvestorPlace.
- 03/24/2022
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Spotify Stock on the Rise After Google Updates Payment Program
- The shares of Spotify Technology SA (NYSE:SPOT) are up 4.9% at $155.90 this morning, following news that Alphabet's (GOOGL) Google will begin letting the streaming platform use its own payment system in its Android app.
- 03/24/2022
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Google Gives In to Spotify on Payment Choice
- Spotify has reached an agreement with Google to allow Android users to pay for the service through either Google Play Billing or Spotify's payment system, a Spotify blog post said. The users who have downloaded Spotify from the Google Play store will be given the choice of payment options.
- 03/23/2022
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The Wall Street Journal: Spotify reaches deal with Google to allow alternative in-app payment method
- Spotify Technology SA has reached a deal with Google to offer an alternative payment method within its app for users, the latest sign of the weakening grip that app stores have over third-party software.
- 03/23/2022
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Google Will Allow Some Apps, Starting With Spotify, to Offer Alternate Billing Methods
- The test program is likely to whittle away at the lucrative commissions that Google has charged app developers for money made on its platform.
- 03/23/2022
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Google will allow Spotify to offer its own billing on Android
- The move is the most significant concession so far from a major mobile app store to allow third-party billing systems inside apps.
- 03/23/2022
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Spotify And Google? Why SPOT Shares Are Rising After Hours
- Spotify Technology SA (NYSE: SPOT) shares are trading higher in Wednesday's after-hours session after Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) announced the launch of a pilot program designed to explore more billing options on third-party platforms. "We'll be partnering with.
- 03/23/2022
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Google allows Spotify its own in-app payment option
- Alphabet Inc's Google said on Wednesday that it would allow Spotify to use its own payment system in its Android app as part of a new pilot.
- 03/23/2022
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Spotify Stock Is In for More Hurt With Workers Returning to the Office
- Spotify gained from the pandemic, but SPOT stock has been hit by slowing growth and that is likely to worsen as workers return to the office. The post Spotify Stock Is In for More Hurt With Workers Returning to the Office appeared first on InvestorPlace.
- 03/23/2022
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Spotify Is Bottoming Out, Buy For The Long Term Now
- Spotify Is Bottoming Out, Buy For The Long Term Now
- 03/22/2022
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3 Reasons Why Spotify Still Makes Investment Sense
- SPOT stock price action does not reflect the true progress of the Spotify business. Patient investors should have upside from these levels.
- 03/18/2022
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Meghan Markle Announces First Podcast Series On Spotify After ‘Ongoing Conversations' Over Covid Misinformation
- The Sussexes spoke out against misinformation on Spotify earlier this year.
- 03/17/2022
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Spotify May Add Blockchain, NFTs to Streaming Service
- Spotify may be adding blockchain technology and non-fungible tokens (NFTs) to its streaming service, a move that's exciting those in cryptocurrency and music industries about how digital assets can boost earnings for artists, according to a Financial Times report Thursday (March 17). Spotify is recruiting people to work on early-stage Web3 projects, the report said, […]
- 03/17/2022
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Perlego raises $50M to build out its vision of being the ‘Spotify for textbooks'
- Spotify helped pave the way for a new model for consumers to listen to music: pay a monthly fee to stream whatever you want, with no need to own any physical or digital versions of it. Now, a startup called Perlego, which has been applying that concept to academic textbooks, has picked up $50 million […]
- 03/15/2022
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Is Spotify Stock A Buy Or Sell After Acquiring Chartable And Podsights?
- Spotify recently announced the acquisition of two companies in the podcasting space, namely Podsights and Chartable.
- 03/11/2022
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Spotify Technology SA's (SPOT) Management on 2022 Morgan Stanley Technology, Media and Telecom Conference - Transcript
- Spotify Technology SA's (SPOT) Management on 2022 Morgan Stanley Technology, Media and Telecom Conference - Transcript
- 03/09/2022
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Spotify Has Finally Come Down to Earth in Terms of Valuation
- SPOT stock is worth up to 22% more at $161 as Spotify's FCF margins improve with forecast rising sales over the coming year. The post Spotify Has Finally Come Down to Earth in Terms of Valuation appeared first on InvestorPlace.
- 03/09/2022
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Spotify returns after outage causes disruption
- Spotify, the largest subscription-based streaming service, crashed for several hours on Tuesday. According to Variety, Spotify has over 406 million total monthly active users.
- 03/08/2022
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Spotify Back Up and Running After Outage
- Thousands of Spotify users around the world reported that they couldn't access their accounts.
- 03/08/2022
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Spotify Is Down for Many, But Company Looking Into It
- Thousands of Spotify users around the world reported not being able to access their accounts. The streaming company acknowledged the outage and said it was looking into it.
- 03/08/2022
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Spotify And Discord Experiencing Outages, Some Users Can't Message Or Log In
- The outages were reported starting at 1 p.m. Tuesday.
- 03/08/2022
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Spotify and Discord go down, forcing Tuesday upon us
- Spotify and Discord both appear to be down. TechCrunchers and the Twittersphere alike are experiencing difficulty logging in to Spotify.
- 03/08/2022
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The Long-Term Case Behind Spotify Stock Continues to Look Grim
- SPOT stock holders not only have to deal with the market rotating out of tech stocks, but also Spotify's unsettling lack of profitability. The post The Long-Term Case Behind Spotify Stock Continues to Look Grim appeared first on InvestorPlace.
- 03/08/2022
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This Number Could Mean Multibagger Returns for Spotify Investors
- People are starting to spend more money on music, which is great news for the leading music streamer.
- 03/07/2022
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Microsoft, Meta, Spotify, and other tech companies cut ties with Russia
- Yahoo Finance's Dan Howley discusses tech companies leaving Russia amid the country's invasion of Ukraine and what it means for consumers.
- 03/03/2022
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Spotify shutters Russia office indefinitely in response to Ukraine invasion
- Spotify has shut down its Moscow operations indefinitely in response to Russia's invasion of Ukraine. The streaming platform had just opened a representative office in Moscow last month.
- 03/03/2022
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IKEA, Spotify, And H&M—Here's The Growing List Of Companies Cutting Ties With Russia Over Invasion
- Here are all the multinationals that have taken action against Russia and Russian companies following its invasion of Ukraine.
- 03/03/2022
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Spotify closes its office in Russia in response to attack on Ukraine
- Spotify said on Wednesday it has closed its office in Russia indefinitely in response to what the audio streaming platform described as Moscow's "unprovoked attack on Ukraine."
- 03/02/2022
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Spotify Chief Financial Officer to Present at the 2022 Morgan Stanley Technology, Media and Telecom Conference
- NEW YORK--(BUSINESS WIRE)--Spotify Technology S.A. (NYSE: SPOT) announced today that Paul Vogel, Chief Financial Officer, will present at the 2022 Morgan Stanley Technology, Media and Telecom Conference on Wednesday, March 9, 2022. Mr. Vogel is scheduled to appear at 7:10 p.m. Eastern Time. The webcast will be available live and for replay on the Spotify Investor Relations website at http://investors.spotify.com. About Spotify Technology S.A. Spotify is the world's most popular audio streaming
- 02/25/2022
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Spotify Launches ‘Bookcast' Concept Featuring Dolly Parton And James Patterson Following Rocky Month Of Joe Rogan News
- The country music star also created the first-ever original soundtrack for a novel, which drops next week.
- 02/23/2022
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Powerful or Pointless? Roku and Spotify Are Leaning Into the Hardware Space
- One of these media technology experts already has a new hardware device on the market and the other may soon follow suit. Is that a good idea?
- 02/23/2022
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Spotify's Joe Rogan saga spotlights podcast moderation challenges
- By Elizabeth Culliford, Dawn Chmielewski and Supantha Mukherjee
- 02/22/2022
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Spotify shares fall after Joe Rogan's podcast briefly not accessible
- Spotify Technology's shares fell 5% on Friday after Joe Rogan's podcast was briefly not accessible on the company's streaming platform.
- 02/18/2022
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Spotify Says 'Technical Issue' Caused Joe Rogan Experience, Other Podcasts to Be Unavailable
- The brief glitch comes amid controversy over Rogan's podcast.
- 02/18/2022
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Spotify reportedly paid Joe Rogan $200 million for podcast over 3.5 years
- Yahoo Finance's Julie Hyman and Brian Sozzi discuss how Spotify reportedly paid Joe Rogan $200 million for his podcast.
- 02/18/2022
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Joe Rogan Podcast Temporarily Unavailable On Spotify, Causes Quick Uproar
- One of the most popular podcasts in the world made headlines once again Friday, prompted a handful of reactions. What Happened: "The Joe Rogan Experience" and several other podcasts weren't available on Spotify Technology (NYSE: SPOT) Friday, according to Rolling Stone.
- 02/18/2022
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Spotify's deal with Joe Rogan is reportedly worth ‘at least' $200 million ‘with the possibility of more'
- Joe Rogan is the #1 podcaster for Spotify thanks to his show "The Joe Rogan Experience.".
- 02/18/2022
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Why Spotify (SPOT) Acquired Podsights And Chartable
- Spotify (NYSE: SPOT) announced it has acquired two podcast tech companies: Podsights and Chartable. This is why.
- 02/18/2022
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Joe Rogan's Deal With Spotify Worth At Least Double of What Was Previously Reported: NYT
- Spotify Technology S.A. (NYSE: SPOT) reportedly shelled out a minimum of $200 million to get Joe Rogan to podcast on its platform.
- 02/18/2022
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Joe Rogan's Spotify Deal Allegedly Worth $200 Million, Doubling Initial Report
- The controversial host reportedly draws 11 million listeners per episode exclusively to Spotify.
- 02/17/2022
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Spotify's Joe Rogan Deal Is Said to Be Worth Over $200 Million
- The deal that brought his podcast to Spotify is said to be worth over $200 million, more than was previously known. Accusations that he spreads misinformation have roiled the company.
- 02/17/2022
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Spotify must be more transparent about its rules of the road
- Companies once believed they could rely on algorithms to catch inappropriate content and intervene with public relations in high-profile cases. Today, the challenges are bigger and more complicated.
- 02/17/2022
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3 Growth Stocks to Ditch After Poor Earnings
- Growth stocks are on the outs, and disappointing earnings are torpedoing these three. Here's how to profit from their pain.
- 02/17/2022
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Spotify continues podcast acquisition spree with two new deals
- Spotify Technology SA (NYSE:SPOT) said it is buying two podcast marketing and ad contribution companies for an undisclosed price. The audio streaming service has its sights on Podsights, a podcast advertising measurement service and Chartable, a podcast analytics platform.
- 02/17/2022
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Moving Past Joe Rogan Controversy, Spotify Boosts Podcast Business With 2 Key Acquisitions
- Spotify Technologies S.A. (NYSE: SPOT) said Wednesday it was acquiring two podcast tech platforms — Chartable and Podsights.
- 02/17/2022
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Spotify snaps up podcast measurement and analytics firms, Podsights and Chartable
- Spotify this afternoon announced two more acquisitions in the podcasts market, this time on both the measurement and analytics side of the business. The company is acquiring the podcast measurement service Podsights and the analytics platform Chartable for undisclosed sums.
- 02/16/2022
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Spotify Keeps Thriving As Audio Moves To Digital
- Ads on podcasts are far more targeted than they are on radio.
- 02/16/2022
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Music Performed During Halftime Show Climbing Up Spotify, iTunes Charts
- Songs from Dr. Dre, Snoop Dogg, Eminem and 50 Cent dominated Spotify's Top Songs in the U.S. Chart on Monday.
- 02/15/2022
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Where Will Spotify Stock Be In 5 Years?
- Spotify's share price weakness in 2021 is largely attributable to lower-than-expected gross profit margins, as it prioritizes long-term growth over short-term profitability. SPOT's shares also underperformed in 2022 year-to-date, and this was likely due to weaker-than-expected guidance and the recent Joe Rogan controversy.
- 02/14/2022
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Amazon, Spotify Both Eye Audioboom Buy, Report Says
- Amazon and Spotify are looking to possibly buy Audioboom Group, a report from Bloomberg says. The decision might be made by the end of February.
- 02/14/2022
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Audioboom shares balloon following Spotify and Amazon takeover reports
- Audioboom Group PLC (AIM:BOOM) shares bounced in early trading following reports that Spotify Technology SA (NYSE:SPOT) and Amazon.com Inc (NASDAQ:AMZN) were mulling takeover bids for the podcast distribution platform. Sky News reported that the tech giants were considering an approach for the UK group, with the potential of formal offers being made as soon as this month.
- 02/14/2022
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Amazon And Spotify Considering Bids For London-Based Podcasting Platform
- Amazon.com Inc (NASDAQ: AMZN) and Spotify Technology SA (NYSE: SPOT) are each considering a potential bid for AudioBoom Group Plc, according to a Sky News report. The two companies may be presenting formal offers to the London-based podcasting and on-demand audio platform within the month, the report indicates.
- 02/13/2022
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Wall Street's top analysts like these stocks for the long term amid market turmoil
- TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Snap & Spotify
- 02/13/2022
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‘Don't take the damn thing': how Spotify playlists push dangerous anti-vaccine tunes
- Conspiracy theory songs claiming Covid-19 is fake and calling vaccine ‘poison' are being actively promoted in Spotify playlists
- 02/13/2022
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3 Numbers That Will Make You Ecstatic About Spotify's Growth Potential
- The audio streamer has a huge growth opportunity in front of it.
- 02/12/2022
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Spotify Dropped Below Its IPO Price: Is It Time To Buy?
- Due to recent controversy, Spotify's stock has continued to decline. Here's why it might spell opportunity.
- 02/12/2022
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EU Media Regulators Seek Rules to End Misinformation on Spotify
- Media regulators in the European Union (EU) are considering rules designed to end misinformation on Spotify, according to a report in Politico Thursday (Feb. 10). The Swedish audio streaming and media services provider has been facing criticism for failing to deal with health- and climate-related falsehoods as well as hate speech on its platform.
- 02/11/2022
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Web traffic to Spotify's cancellation page skyrocketed after artists began pulling music over Joe Rogan controversy
- Visits to Spotify's cancellation page increased by 115% after Neil Young pulled his music from the platform, according to data from Similarweb.
- 02/09/2022
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Digital World Slumps as Trump's Truth Social Is Delayed
- All the ingredients are in place for DWAC Stock to succeed. However, they need to strike while the iron is hot.
- 02/09/2022
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Rumble SPAC plummets 19% after Joe Rogan's loyalty to Spotify dashes hope for $100 million podcast deal
- The commitment from Rogan and Ek means Rumble likely has little chance of luring the podcast host onto its still nascent video-sharing platform.
- 02/09/2022
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Rumble's SPAC Stock Drops 17% After Joe Rogan Rejects Offer To Leave Spotify
- The company offered Rogan $100 million to leave Spotify and distribute “The Joe Rogan Experience” on its platform instead.
- 02/09/2022
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Spotify exec: Joe Rogan saga has been ‘real learning experience'
- Spotify's Chief Content Officer Dawn Ostroff says the recent controversy surrounding popular podcast host Joe Rogan has been a "real learning experience" for the company.
- 02/09/2022
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Joe Rogan reportedly turns down $100 million offer to move his podcast: 'Spotify has hung in with me, inexplicably'
- Rumble, a conservative-leaning YouTube competitor, offered the podcaster $100 million to ditch Spotify.
- 02/09/2022
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Web traffic to Spotify's cancellation page spikes as company remains mired in Joe Rogan controversy
- A version of this article first appeared in the "Reliable Sources" newsletter. You can sign up for free right here.
- 02/09/2022
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Barcelona's Proposed Deal With Spotify Brings Desired Revenue, And Commotion
- The well-known music platform is on the cusp of becoming Barcelona's primary sponsor, and adding another dimension to the indebted La Liga side's topsy-turvy finances.
- 02/08/2022
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Keep an Eye on Rumble as Spotify's Joe Rogan Controversy Continues
- Shares of the conservative video sharing platform's SPAC partner are rising on speculation that Joe Rogan could defect from Spotify. The post Keep an Eye on Rumble as Spotify's Joe Rogan Controversy Continues appeared first on InvestorPlace.
- 02/08/2022
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Rumble offers Joe Rogan $100M contract amid Spotify controversy
- Fox News contributor Joe Concha argues popular podcast host Joe Rogan has 11 million listeners a day and could start his ‘own podcast' without being affiliated with any corporate entity. #FOXBusiness Subscribe to Fox Business!
- 02/08/2022
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Meet Peloton's new CEO, an ex-Spotify exec taking the helm amidst major cuts and investor pressure
- The new CEO will oversee big job cuts and handle investor pressure on the embattled fitness company.
- 02/08/2022
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Neil Young takes another shot at Spotify, urges employees to leave
- Musician Neil Young urged Spotify employees to leave the music streaming company in a recent blog post, claiming that CEO Daniel Ek is their "big problem." CNBC's 'Squawk on the Street' reports.
- 02/08/2022
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Can Spotify Stock Overcome Its Latest Controversy?
- The earnings results look great, but one thing sets Spotify apart from other tech stocks.
- 02/08/2022
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Spotify Analyst Cuts Target, Says Joe Rogan Controversy 'Becoming A Risk'
- Shares of Spotify Technology SA SPOT are down 15.7% since the company reported fourth-quarter revenue and earnings beats on Feb. 2. In addition to user growth guidance that may have fallen short of lofty market expectations, Spotify has been dealing with controversy surrounding the content of its most popular podcast, the "Joe Rogan Experience.
- 02/08/2022
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7 Stocks to Buy to Take Advantage of Main Street's Panic Selling
- Although the market is in a bit of a wobbly place right now, it also means there are stocks to buy on discount for brave contrarians. The post 7 Stocks to Buy to Take Advantage of Main Street's Panic Selling appeared first on InvestorPlace.
- 02/08/2022
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Hipgnosis, Round Hill And Ownership Of Those Spotify Songs
- Hipgnosis, Round Hill And Ownership Of Those Spotify Songs
- 02/08/2022
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Neil Young takes aim at Spotify CEO, big banks
- Singer-songwriter Neil Young has asked employees of Spotify Technology SA to quit their jobs while urging people to withdraw their money from big American banks, in protests over coronavirus misinformation and climate change.
- 02/08/2022
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Spotify's CEO condemns Rogan over racial slurs, but says he won't silence podcaster
- CNBC's Shep Smith reports on an apology from Spotify CEO Daniel Ek over podcaster Joe Rogan's use of racial slurs. Rogan had about 70 shows pulled down this weekend.
- 02/07/2022
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Barcelona, Spotify agree sponsorship deal worth 280 mln euros - report
- FC Barcelona are set to announce a shirt and stadium sponsorship agreement with Spotify, Catalan radio station Rac1 reported on Monday.
- 02/07/2022
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Analysis: Are Joe Rogan's Days At Spotify Numbered?
- The controversy surrounding the content on the Spotify Technology SA (NYSE: SPOT) podcast “The Joe Rogan Experience” is showing no signs of abating, with greater pressure being placed on the company to address high-profile complaints of medical misinformation and racially insensitive commentary on past episodes. Spotify CEO Daniel Ek has both distanced himself from Rogan's episodes while standing by his star podcaster.
- 02/07/2022
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Rumble offers Joe Rogan $100M contract amid Spotify controversy
- Rumble has offered Joe Rogan a $100 million deal to join the Canada-based video platform in an attempt to woo the popular podcast host away from Spotify.
- 02/07/2022
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CFVI Stock Soars 30% as Rumble Courts Joe Rogan With Big Bucks
- Rumble has made an offer to Joe Rogan and he has 100 million reasons to accept. Here's what his acceptance would mean for CFVI stock.
- 02/07/2022
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Conservative YouTube rival Rumble offers Joe Rogan $100 million to leave Spotify
- "How about you bring all your shows to Rumble, both old and new, with no censorship, for 100 million bucks over four years?" the site's CEO asked.
- 02/07/2022
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Rumble SPAC soars 43% after it offers Joe Rogan $100 million to ditch Spotify and join the YouTube competitor
- "How about you bring all your shows to Rumble, both old and new, with no censorship, for 100 million bucks over four years?" Rumble asked Rogan.
- 02/07/2022
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Spotify will invest $100M in content from underrepresented creators, says CEO Daniel Ek
- In the latest installment of the Spotify-Rogan saga, CEO Daniel Ek sent out a company memo on Sunday addressing Joe Rogan's use of harmful racial slurs in past episodes of his podcast. Over 70 of these past episodes have now been removed from Spotify.
- 02/07/2022
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Which Big Tech Stock to Buy on the Dip
- Is now the time to buy tech stocks?
- 02/07/2022
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Anti-‘Cancel Culture' Rumble Offers Joe Rogan $100 Million To Leave Spotify
- Rumble CEO Chris Pavlovski said the offer—which mirrors the deal Rogan reportedly has with Spotify—is "totally legit."
- 02/07/2022
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Joe Rogan Controversy Clouds Spotify's Excellent 4th Quarter
- The Joe Rogan-generated controversy surrounding Spotify Technology ( SPOT , Financial) continues to swirl, even in the wake of the strong fourth quarter results released last Wednesday.
- 02/07/2022
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Spotify Slammed on Guidance - Time to Buy the Dip?
- Spotify ( SPOT , Financial) is the dominant market player in music streaming with 408 million users and 180 million premium users as of the fourth quarter of 2021. The company has a greater number of subscribers than Apple ( AAPL , Financial) Music, which has 78 million paid subscribers, and Amazon ( AMZN , Financial) Music, which has approximately 60 million paid subscribers.
- 02/07/2022
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Could Joe Rogan Leave Spotify For Rumble?
- The controversy around podcast episodes from host Joe Rogan continues. Could the ultimate move be a move by Rogan from Spotify Technology SPOT to a rival platform?
- 02/07/2022
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Spotify CEO apologizes to employees for Joe Rogan backlash, stock falls
- Yahoo Finance's Dan Howley explains the Spotify CEO's statement saying he won't cut ties with podcaster Joe Rogan as more artists remove music from the streaming platform in protest.
- 02/07/2022
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Spotify CEO Daniel Ek apologizes to employees for Joe Rogan controversy
- Spotify CEO Daniel Ek has apologized to the music streaming service's employees for how its controversy with Joe Rogan's podcast is affecting them. CNBC's 'Squawk on the Street' team reports.
- 02/07/2022
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Spotify CEO apologizes to staff for Joe Rogan controversy as episodes get removed
- Spotify's Daniel Ek has apologized to his employees for the way in which the Joe Rogan podcast controversy has impacted them.
- 02/07/2022
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Is Spotify Stock a Buy Now?
- The streaming music giant posted soft guidance for the first quarter.
- 02/07/2022
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Spotify CEO Apologizes but Says Joe Rogan Won't Be Removed From the Platform
- 'I do not believe that silencing Joe is the answer," Spotify CEO Daniel Ek tells staffers.
- 02/07/2022
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Spotify CEO condemns Rogan's use of racial slurs, but says company won't be 'silencing' him
- Daniel Ek, the chief executive of Spotify, addressed Joe Rogan's past use of racial slurs on Sunday night, telling staff in a memo that while he found the comments "incredibly hurtful" and inconsistent with company values, he did not believe "silencing" the podcaster was the answer.
- 02/07/2022
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Spotify CEO Confirms Removal Of Joe Rogan Podcast Episodes — But Says It Wasn't The Company That Took Them Down
- Spotify Technology S.A. (NYSE: SPOT) CEO Daniel Ek addressed the removal of 113 podcast episodes of the Joe Rogan Experience in a staff memo.
- 02/07/2022
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Spotify won't be 'silencing' Joe Rogan amid controversy: CEO
- Spotify will not be 'silencing' Joe Rogan after a video compilation of him repeatedly using the 'n-word' surfaced this week, the company's chief executive officer said.
- 02/07/2022
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Spotify CEO condemns Rogan over racial slurs, but won't silence him
- Spotify Chief Executive Officer Daniel Ek said on Sunday he "strongly" condemns racial slurs and other comments made by popular U.S. podcaster Joe Rogan but will not be removing him from the platform.
- 02/06/2022
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Spotify's Joe Rogan Controversy Sparks An Absurd Debate
- Yet another censorship/free speech debate inspired by The Joe Rogan Experience.
- 02/06/2022
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Top Ten Stock Market Moving Headlines From Last Week: Alphabet, Amazon, Meta, Snap, Spotify Earnings And More
- Every day, Benzinga TV covers the biggest topics of the stock market. Benzinga's new weekly highlights show features the top ten events of the previous week.
- 02/05/2022
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Spotify Pulls More Than 110 Episodes Of Joe Rogan's Podcast
- Rogan apologized Saturday for his use of racial slurs on the podcast.
- 02/05/2022
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Spotify's attempt to play the Facebook game over Joe Rogan won't wash | John Naughton
- Founder Daniel Ek's bid to make the anti-vaxxer controversy go away ignores the fact that it is paying the US comedian to appear on its service
- 02/05/2022
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Spotify's valuation is in flux as celebs speak out against Joe Rogan
- # Spotify and Joe Rogan are under pressure as celebrities speak out against Rogan's popular podcast, The Joe Rogan Experience. Musicians Neil Young and Joni Mitchell had their music removed from the platform and celebrities like Prince Harry and Meghan Markle have voiced their concerns about the podcast and its spread of COVID-19 vaccine misinformation.
- 02/05/2022
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Spotify's Q4 2021 Results: The Market Is Overreacting To Short-Term Noise
- Spotify's Q4 2021 Results: The Market Is Overreacting To Short-Term Noise
- 02/05/2022
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