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CNBC Power Lunch July 14, 2024

Power lunch kicks off right now. And stocks are hitting highs of the session on some breaking news out of washington, as you see, moving up by a half or a little more of a percent each lets get to Kayla Tausche with the details. Hi, tyler the market is moving on reports that u. S. Negotiators will be departing washington on monday to go to beijing my sources tell me these inperson facetoface talks are expected to take place in china at some point between the congressional recess, which begins fr...
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Spotify Technology S.A. (SPOT) Q1 2021 Earnings Call Transcript

Operator Good day, and thank you for standing by. Welcome to the Spotify First Quarter 2021 Earnings Conference Call. [Operator Instructions] I would now like to hand the conference over to your speaker today, Bryan Goldberg, Head of Investor Relations at Spotify. Thank you. Please go ahead. Bryan Goldberg -- Investor Relations Great. Thank you, and welcome to Spotifys first quarter 2021 earnings conference call. Joining us today will be Daniel Ek, our CEO and Paul Vogel, our CFO. We will star...
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Source: fool.com

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Converted Organics (COIN) - Is Now The Time To Buy Stock In DraftKings, Coinbase Or Facebook?

One of the most common questions traders have about stocks is โ€œWhy Is It Moving?โ€ Thatโ€™s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving. Hereโ€™s the latest analyst rating updates for DraftKings, Coinbase and Facebook. DraftKings Inc (NASDAQ:DKNG) shares are trading higher by 2.7% at $60.81 after Needham analyst Bernie McTernan initiates coverage with a Buy rating and announces a price target...
John Egbert Bernie Mcternan Harshita Rawat Coinbase Global Inc Facebook Inc Draftkings Inc

Spotify's Podcast Ecosystem Comes Full Circle With Locker Room Buy: Analysts

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Spotify announced this week it had acquired Locker Room, a live-audio app similar to Clubhouse. This is the latest step by Spotify to create a full ecosystem for podcast production, analysts tell Insider. Spotify has invested hundreds of millions into podcasting since 2019 to diversify its revenue apart from music streaming. Spotify has taken a big step toward...
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Shutterstock Inc (SSTK) Q4 2020 Earnings Call Transcript

Operator Good day, ladies and gentlemen, and welcome to the Fourth Quarter 2020 Shutterstock Earnings Conference Call. [Operator Instructions] Later, we will conduct a question-and-answer session, and instructions will follow at that time. [Operator Instructions] I would now like to hand the conference over to your host, Mr. Chris Suh, VP of Investor Relations and Corporate Development. You may begin. Chris Suh -- Vice President of Investor Relations and Corporate Development Thank you, Julie....
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Source: fool.com

Spotify Made Huge Investments in Podcasts — Here's How It Plans to Make Them Pay Off

Now it needs to show those investments were worth it. Analysts say Spotifys new approach to advertising will help. "Once the pieces are in place to monetize podcasts in a scalable way, I think its just going to explode the dollars coming into podcasts. The medium is just made for advertisements," Stifel analyst John Egbert told CNBC. According to an eMarketer forecast, podcast ad spend is projected to surpass $1 billion in 2021. And Spotify has new tools that will help advertisers glean more fr...
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