SPOT News and Press, Spotify Technology S.A. From 07/10/24

2024-07-10 09:42:14 ET Music streaming companies Spotify ( NYSE: SPOT ) and Warner Music Group ( NASDAQ: WMG ) were both downgraded to "Sell" by analysts at Redburn Atlantic on Wednesday, citing a competitive environment for the industry and structural challenges that will c...

2024-07-10 08:51:53 ET Summary WMG stock underperformed, down 7% since last post, while SPOT surged 306%. WMG's relative valuation remains low, potential for higher valuation on strong revenue and earnings growth. WMG's 2023 financial performance was tepid, 2024 results not pr...

2024-07-08 11:11:54 ET Summary Spotify's strong performance in 2024 includes a significant increase in premium subscribers and progress towards GAAP profitability. Despite impressive user growth, caution is advised due to recent price hikes in an uncertain inflationary environment...

2024-07-08 07:45:00 ET The S&P 500 index is trading at an all-time high with a 16.8% gain in 2024 so far, placing it firmly in bull market territory. A series of tailwinds could be aligning to drive further momentum, including falling inflation, potential interest rate cuts, and str...

2024-07-05 12:10:01 ET Summary Warner Bros. Discovery shares have dropped from $10 in February to $7 currently, making it slightly more attractive as a takeover candidate and investment with long-term compounding potential. A bundling deal with global entertainment streamer #2 Dis...

2024-07-03 08:33:50 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Audio entertainment firm Sirius XM (NASDAQ: SIRI ) is struggling to stay relevant in a rapidly evolving world. As a result, SIRI stock has fallen almost 44% since the start of the y...

2024-07-02 09:00:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Choosing the appropriate stocks to buy is more important than ever in today’s changing financial environment. Investors are looking for development and stability; therefore, it’s ...

2024-07-01 10:48:16 ET More on S&P 500 Index: Inflation Fears To Shift To Growth Concerns Weekly Market Pulse: The S&P 500 Rules Everything Around Me Nearing Full Froth: A Look Inside The Current Market Bubble Nasdaq, S&P, Dow trade higher as mark...

2024-06-29 12:00:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Investing in high growth stocks to buy offers an opportunity to multiply one’s wealth over the long term. While the stock market is inherently volatile, finding these hidden gems tha...

2024-06-27 04:15:00 ET Spotify 's (NYSE: SPOT) service is now more expensive than competitors', a sign that it's leaning into being the power player in music. If investors don't push back it could lead to margin improvements and better stock performance, which Travis Hoium covers in...