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2024-07-13 14:31:00 ET The S&P500 ( SP500 ) closed in the green on Friday, after investors digested quarterly results from big banks and data showing consumer prices cooling down in June, bolstering bets for a September rate cut. For the week, the Nasdaq ( COMP:IND ) los...
2024-07-11 12:58:19 ET Jefferies on Thursday came out with a bullish stance on Spotify ( NYSE: SPOT ), Warner Music ( NASDAQ: WMG ), and Universal Music ( OTCPK:UMGNF ), rating them all as "buy," with Spotify being the top pick out of the three music streamers.... ...
2024-07-11 06:30:06 ET Jefferies analyst issues BUY recommendation for SPOT on July 11, 2024 04:56AM ET. SPOT was trading at $304.99 at issue of the analyst recommendation. The overall analyst consensus : BUY. Current analyst recommendations are : 24 - Buy, 4 - Hold reco...
2024-07-10 12:56:00 ET Summary Goldman hikes target amid Tesla's 10-day winning streak. Treasury yields are under a little pressure as Fed chief Jay Powell speaks to Congress again. Samsung employees walk out in attempt to pressure company for higher wages and better benefits....
2024-07-10 11:00:15 ET Agnieszka Pustula from Redburn Partners issued a price target of $230.00 for SPOT on 2024-07-10 09:05:00. The adjusted price target was set to $230.00. At the time of the announcement, SPOT was trading at $306.47. The overall price target consensus...
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...
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Spotify Technology S.A. Company Name:
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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...