Spotify set to report earnings as investors weigh profit margin pressures and potential US price hike
Spotify (SPOT) is set to report third quarter results on Tuesday before the bell as investors weigh signs of improving profitability against looming cost pressures tied to new music-label deals. The stock has climbed roughly 70% in the past year, driven by price hikes, a leaner cost structure, and optimism surrounding AI-driven product innovation. Shares currently trade near $650, off their record closing high of about $775 earlier this year. Spotify's stock fell more than 1% in premarket trading on Tue ...