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2024-04-28 15:00:00 ET Spotify Technology (NYSE: SPOT) reported terrific earnings , growing its revenue 20% year over year, posting its third straight quarter of positive operating profits, and returning to net profitability as well. The company also added 3 million paying subsc...
2024-04-28 13:20:00 ET Spotify Technology (NYSE: SPOT) reported terrific earnings last week, growing paying subscribers 14%, monthly active users 19%, and revenue 20% year over year. Spotify even flipped from a year-ago loss to a $1.05-per-share profit in the first quarter of 20...
2024-04-26 15:15:00 ET Spotify Technology (NYSE: SPOT) investors had a terrific Tuesday , when a powerful first-quarter report helped to push the stock up 11%. It didn't last. On Wednesday, shares of the streaming music company slid by more than 7%, giving back more ...
2024-04-26 05:29:00 ET Spotify (NYSE: SPOT) is the world's largest music-streaming platform. It holds a 31% market share, according to Statista, with Tencent sitting in a distant second place at 14%. The stock peaked near $364 in 2021 before collapsing 80% to trade as low as...
2024-04-24 17:15:02 ET J.P. Morgan analyst issues OVERWEIGHT recommendation for SPOT on April 24, 2024 03:34PM ET. The previous analyst recommendation was Overweight. SPOT was trading at $281.23 at issue of the analyst recommendation. The overall analyst consensus : BUY....
2024-04-24 15:00:05 ET More on Communication Services Select Sector SPDR Fund XLC: More Upside Is Ahead XLC: Robust Outlook To Turbocharge Runway Potential Energy, tech, comms among top-rated S&P 500 sectors as Q1 earnings kicks off Paramount most shorted...
2024-04-24 15:00:04 ET Matt Farrell from Piper Sandler issued a price target of $320.00 for SPOT on 2024-04-24 08:41:00. The adjusted price target was set to $320.00. At the time of the announcement, SPOT was trading at $281.71. The overall price target consensus is at $...
2024-04-24 11:37:51 ET Summary Spotify Technology S.A. beats market expectations in recent financial results. Price increases and layoffs contribute to cost optimization and margin expansion. Growth in ad-supported revenue and advertising business contributes to overall revenu...
2024-04-24 11:25:00 ET Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron Focused Growth Fund increased 1.68% in the first quarter. The Fund underperf...
2024-04-24 09:10:00 ET Summary Artisan Partners is an independent investment management firm focused on providing high value-added, active investment strategies to sophisticated clients globally. Our portfolio outperformed the Russell Midcap® Growth Index in Q1 due to balance...
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Spotify Technology S.A. (NYSE: SPOT) has caught the attention of the investment community today with its bullish price action. The company's shares have moved 2.02% on the day to $296.02. Spotify Technology S.A., together with its subsidiaries, provides audio streaming services worldwide. It o...
2024-07-16 05:15:00 ET Spotify (NYSE: SPOT) has built the leading podcast business with its audio platform, creative tools, and advertising network, but Amazon (NASDAQ: AMZN) is trying to get into the game. An $80 million deal with Dax Shepard shows the company's interest in...