Page 2 - John Egbert News Today : Breaking News, Live Updates & Top Stories | Vimarsana

One of the most common questions traders have about stocks is “Why Is It Moving?” That’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. Here’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 of $81. Coinbase Global Inc (NASDAQ:COIN) shares are trading lower by 0.3% at $303.53 after Bernste...

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 becoming a one-stop shop for podcasting after buying a social audio-chat app called Locker Room. Sp...

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. Good morning, everyone, and thank you for joining us for Shutterstock's Fourth Quarter 2020 Earning...

Regardless if consumers are stuck at home or not, the public wants to be entertained, Wedbush Managing Director and Equity Analyst Michael Pachter said Monday on Benzinga's PreMarket Prep. What To Know The American consumer can't go to a live sporting event or concert, nor can they go to... Read More...

Now it needs to show those investments were worth it. Analysts say Spotify's new approach to advertising will help. "Once the pieces are in place to monetize podcasts in a scalable way, I think it's 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 from the people who are listening to podcasts, which could help it rake in much more in ad revenue i...