Wall Street expects a year-over-year increase in earnings on higher revenues when Spotify (SPOT) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock ...

Music streaming company Spotify said today that it is testing music videos for premium users in 85 additional markets. The company first ran a video experiment in limited markets in March. Spotify originally rolled out music videos in beta in 11 countries, including the U.K., Germany, Italy, the Netherlands, Poland, Sweden, Brazil, Colombia, the Philippines, Indonesia, and Kenya. Earlier this year, Egypt was added to the list. The company didn't specify if these 85 new markets included the U.S. It's a large ...

Spotify (SPOT) ended the recent trading session at $373.98, demonstrating a +0.97% swing from the preceding day's closing price. The stock outperformed the S&P 500, which registered a daily gain of 0.71%. Meanwhile, the Dow gained 1.03%, and the Nasdaq, a tech-heavy index, added 0.6%. The the stock of music-streaming service operator has risen by 13.27% in the past month, leading the Business Services sector's gain of 5.54% and the S&P 500's gain of 6.41%. The upcoming earnings release of Spotify will be of ...

This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as well. We look for innovations in a business model that will cause a stock to change dramatically. Associated with SA contributors Thomas Potter and Elijah Buell. Analyst's Disclosure: I/we ...

I have been a Spotify Technology S.A. (NYSE: SPOT ) user for many years; the app (along with other streamers) has developed into something akin to microwave/cell phone/internet in that one wonders how one lived without it. Along the Experience is difficult to learn. After 30 plus years of critically analyzing the nuts and bolts of businesses as diverse as airlines, oil, retail, mining to fintech and ecommerce plus the macro, monetary and political drivers. I continue to immensely enjoy learning and applying ...

Artificial intelligence could increase the value Spotify brings to users and help the bottom line. Spotify (SPOT -0.17%) has found some of the most compelling artificial intelligence (AI) use cases today. The company has an AI DJ and is now making AI playlists. But the real growth could come out of AI ads, all of which Travis Hoium covers in this video. *Stock prices used were end-of-day prices of Oct. 1, 2024. The video was published on Oct. 2, 2024. ...

Miami, FL, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Newsweek recently announced their annual rankings of 2024 America's Top Most Loved Workplace®, and Amerant Bank is now ranked No. 41, up seven spots from the previous year. The 2024 Top 100 Most Loved Workplaces® are the result of a collaboration between Newsweek and the Best Practice Institute (BPI), a leadership development and benchmark research company. BPI's results were determined after surveying over 2.6 million employees from businesses with workforces va ...

I maintain my buy rating on Spotify (NYSE: SPOT ) after TikTok ( BDNCE ) announced it was shutting down TikTok Music last Tuesday. The stock outperforms the S&P500 and peer group on both the three and six-month charts, up 17% and I'm a retired Wall Street PM specializing in TMT; my educational background is a bachelor's in Finance and Economics, and an MBA from Columbia, after which I directly began my career on Wall Street. Since kickstarting my career, I've spent over two decades in the market navigating ...

The latest trading session saw Spotify (SPOT) ending at $375.40, denoting a +1.86% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a loss of 0.93% for the day. At the same time, the Dow lost 0.41%, and the tech-heavy Nasdaq lost 1.53%. Shares of the music-streaming service operator witnessed a gain of 7.48% over the previous month, beating the performance of the Business Services sector with its gain of 1.6% and the S&P 500's gain of 2.17%. Market participants will be ...

Spotify (SPOT) closed the latest trading day at $383.96, indicating a +0.95% change from the previous session's end. This move outpaced the S&P 500's daily loss of 0.19%. Meanwhile, the Dow experienced a drop of 0.7%, and the technology-dominated Nasdaq saw an increase of 0.04%. The the stock of music-streaming service operator has risen by 12.05% in the past month, leading the Business Services sector's gain of 4.37% and the S&P 500's gain of 1.95%. The upcoming earnings release of Spotify will be of great ...