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April 23, 2024
(Bloomberg) — A rally in tech heavyweights lifted the broader stock market, with the group’s high-stakes earnings seen by Wall Street investors as a major test of the bull run in equities. Every member of the “Magnificent Seven” cohort of megacaps rose on Tuesday, rebounding after a selloff that sent the market to its worst…
April 23, 2024
Spotify (NYSE:SPOT) reports Q1 2024 revenue of €3.64B, beating estimates. Premium revenue up 20%, MAUs up 19%, gross margin improves. Stock up 107%.
April 23, 2024
InvestorPlace - Stock Market News, Stock Advice & Trading Tips SPOT stock results show that Spotify Technology beat analyst estimates for earnings per share…
April 23, 2024
US stocks on front foot Tesla to update after close Spotify, General Motors and GE rally 1.55pm: US stocks gain momentum ahead of Tesla earnings Wall Street...
April 23, 2024
Stocks surged as weak economic data raised hopes for Fed rate cut. S&P 500 up 1.2%, Nasdaq 100 up 1.5%, Dow Jones up 0.6%. Spotify shares jump 17% on earnings.
April 23, 2024
Goldman Sachs analyst expects positive market reaction to Spotify's Q1 2024 earnings, with improved margins and operating momentum. Stock up 16.1%.
April 23, 2024
US stocks rose for a second straight session in New York Tuesday, building on the prior days momentum following a round of mostly good corporate earnings, while European markets also
April 23, 2024
(Bloomberg) — A rally in tech heavyweights lifted the broader stock market, with the group’s high-stakes earnings seen by Wall Street investors as a major test of the bull run in equities. In late hours, Tesla Inc. soared as the electric-vehicle giant said it will accelerate the launch of more-affordable models — and chief Elon…
April 23, 2024
After a year with of layoffs and activist attention that triggered many changes, Spotify Technology S.A. (NYSE: SPOT) managed to surpass both top and bottom estimates. Moreover, the streaming giant reported record first quarter earnings as the result of efficient cost-cutting initiatives that also brought significant margin improvements. First Quarter Financials Shows That A Shift In Focus Paid Off For the quarter ended in March, Spotify reported revenue rise 20% YoY to 3.64 billion euros, surpa