The Morning Minute (2.13)Powered by @yeet⏰Top News:-Crypto majors fall alongside metals & stocks; BTC at $67k-Coinbase misses Q4 earnings, revenue down 22% YoY-CFTC names dozens of crypto execs to its Innovation Advisory Committee-Solana announces Graveyard Hack to resurrect dead sectors-Aave Labs shares new proposal to send 100% of revenue to the DAO🌎 Macro Crypto and Markets-Crypto majors are red down 1-2% following a red day for metals, stocks and crypto; BTC -1% at $67.1K; ETH -1% at $1,960; SOL -2% at ...

Find yourself a job that AI can doAnd never work a day in your life!TechCrunch (@TechCrunch):Spotify says its best developers haven’t written a line of code since December, thanks to AI https://t.co/6hafAJOeJv ...

Spotify says its best developers haven’t written a line of code since December, thanks to AI https://t.co/6hafAJOeJv ...

Group 1 - The core viewpoint of the article highlights the mixed performance of AI application software stocks in the U.S. market on February 12, with notable gains for some companies and significant losses for others [1] Group 2 - Fastly experienced a substantial increase of over 60% [1] - HubSpot saw an increase of more than 10% [1] - Duolingo rose by over 3% [1] - ServiceNow had a gain of over 2% [1] Group 3 - Applovin faced a decline of more than 14% [1] - Unity dropped nearly 6% [1] - Spotify fell by over 4% [1]

Core Viewpoint - The analyst downgraded Spotify (SPOT) to "Sell" in July 2025, indicating a belief that the stock had reached its peak despite the company's strong performance [1] Group 1: Company Analysis - The analyst focuses on investing in companies with ideal qualitative attributes and aims to buy them at attractive prices based on fundamentals [1] - The investment strategy involves managing a concentrated portfolio to avoid underperforming stocks while maximizing exposure to high-potential winners [1] - The analyst often rates strong companies as 'Hold' when their growth opportunities do not meet the investment threshold or when downside risks are deemed too high [1]

Core Viewpoint - The analyst downgraded Spotify (SPOT) to "Sell" in July 2025, indicating a belief that the stock had peaked despite the company's strong performance at that time [1] Group 1: Investment Strategy - The investment strategy focuses on investing in companies with perfect qualitative attributes, purchasing them at attractive prices based on fundamentals, and holding them long-term [1] - The analyst manages a concentrated portfolio aimed at avoiding underperforming stocks while maximizing exposure to high-potential winners [1] - Ratings may be assigned as 'Hold' for great companies if their growth opportunities do not meet the analyst's threshold or if the downside risk is deemed too high [1]

Core Insights - The Grimm experienced a significant resurgence in 2025, with streaming and audience engagement increasing by nearly 10,000% [1] - The band achieved a milestone with four songs charting on terrestrial radio, including their first No. 1 song since 1968, which appeals to multiple generations of rock fans [1] Streaming and Engagement - The band's Spotify year-end report highlighted a dramatic growth story in modern rock, showcasing the potential for revival in the music industry [1] Chart Performance - The achievement of having four songs on the radio charts indicates a strong comeback and renewed interest in The Grimm, marking a pivotal moment in their career [1]

Group 1 - AI application software stocks in the US showed mixed performance, with Cloudflare surging over 10% after earnings report [1] - Spotify experienced an increase of over 4% [1] - Unity's stock plummeted by 27% following its earnings report [1] Group 2 - Figma's stock declined by nearly 5% [1] - Palantir and Applovin both fell by over 2% [1] - Shopify initially opened up by over 8% but later turned to a decline of over 2% [1]

Core Insights - Spotify is enhancing its platform through a focus on artificial intelligence and user engagement to improve user experience and drive growth [1] - The company competes with other streaming services such as Apple Music and Amazon Music [1] Stock Performance - Evercore ISI set a price target of $700 for Spotify, suggesting a potential increase of about 47% from its trading price of $476.13 [2][5] - The stock has experienced a 14.77% rise, indicating positive market sentiment [2][5] - Spotify's stock has fluctuated between $462.78 and $495.94, with a yearly high of $785 and a low of $405, reflecting investor reactions to its strategic focus [3] Market Capitalization and Trading Volume - Spotify's market capitalization is approximately $98 billion, highlighting its significant presence in the music streaming industry [3][5] - Today's trading volume for Spotify is 10.1 million shares, indicating strong investor interest [4]

Core Insights - Spotify's pricing strategy has proven effective, leading to a surprising financial performance for the fourth quarter [1] - The company reported a revenue of €4.5 billion, a year-on-year increase of 7% [1] - Net profit reached €1.17 billion, more than doubling from €367 million in the same period last year [1] - Earnings per share were €4.43, significantly exceeding the average analyst expectation of €2.71 [1] - Monthly active users reached 751 million, with a record addition of 38 million users in the quarter [1] - Paid subscribers increased by 9 million to 290 million, surpassing internal forecasts [1] - The recent price increase in the U.S. market, from $11.99 to $12.99, has not yet impacted this quarter's revenue, indicating potential for future growth [1] Stock Market Reaction - Following the positive earnings report, Spotify's stock surged approximately 15% in New York [2] - Despite a nearly 30% decline in stock price over the past year, the strong earnings report has restored market confidence [2] Strategic Outlook - CEO Alex Norström emphasized the company's ambition, designating 2025 as the "year of accelerated execution" and 2026 as the "year of elevated ambition" [4] - The company has been implementing price increases globally to enhance profitability, responding to pressures from major record labels [4] Leadership Changes - This quarter marks the first under the leadership of new co-CEOs Alex Norström and Gustav Söderström, following Daniel Ek's transition to Executive Chairman [5]