Spotify (SPOT) shares ended the last trading session 8.2% higher at $291.77. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 1% gain over the past four weeks.Spotify’s stock price increased on reports that it may raise prices on its plan. Bloomberg reported on Wednesday that Spotify intends to hike its plans’ prices by $1-$2 per month in five markets, including the U.K., Pakistan and Australia, by the end of April. ...

KEY TAKEAWAYS Spotify is reportedly boosting prices and making changes to its subscription plans.Bloomberg said the price hikes will go into effect in five countries this month, and in the U.S. later this year.Sources indicate the streaming audio service will also offer a new basic tier that won't include audiobooks. 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 ch ...

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. The company will allegedly introduce these price increases across five markets. That includes the U.S., U.K., Australia, Pakistan and one other area.The reports say that the U.S. price change will go into effect later this year. This will see the price of individual ...

A screen displays the logo and trading information for Spotify as a trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 4, 2023.Spotify shares jumped 6% Wednesday after a Bloomberg report said the company will increase prices for its premium subscription service in several markets, including the U.S., for the second time in a year.The Swedish music-streaming company will hike prices in the U.S. later this year, Bloomberg reported Wednesday, citing people familiar ...

The "Magnificient Seven" stocks have dominated the market since the start of 2023. Leading the broad indices to new highs, these seven companies -- all of which have had a market capitalization of at least $1 trillion at some point -- have become the backbone of the modern stock market. Businesses like Alphabet and Apple have demolished most of their competitors, such as Yahoo and Blackberry.Investors might think it is impossible to compete with the Magnificent Seven tech stocks at this point. But that is n ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The Spotify app is displayed on an iPad in Baltimore, March 20, 2018. Since late last century and the early days of the web, providers of digital media like Netflix and Spotify have had a free pass when it comes to international taxes on films, video games and music that are shipped across borders through the internet. But now, ...

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.The hot topic on Wall Street concerning Spotify Technology is that the company is having a spat with Apple (NASDAQ:AAPL). This is an ongoing conflict that will probably have to play out in Europe’s courts. Don’t obsess over it, though. Focus on Spotify’s financial results, not its share price.SPOT Stock: Beware th ...

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. The company is starting out with a smaller catalog of artists, including Ed Sheeran, Doja Cat and Ice Spice. The Premium add-on is limited to users in the UK, Germany, Italy, the Netherlands, Poland, Sweden, Brazil, Colombia, Philippines, Indonesia and Kenya, but not yet in the US.No ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: English singer Ed Sheeran will feature in one of the first videos Spotify posts. 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. "The beta version of music videos on Spotify begins rolling out today...," the ...

ToplineSwedish 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.The Spotify app is displayed on an iPad in Baltimore, March 20, 2018. (AP Photo/Patrick Semansky, ... [+] File)Copyright 2018 The Associated Press. All rights reserved. Key FactsThe co ...