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Spotify delivers surprise profit as paid subscriptions rise
Spotify Technology SA's posted a surprise profit on Monday and topped Wall Street's expectations for revenue as the music streaming company added slightly more subscribers than expected for its premium service......»»
The Wall Street Journal: Spotify files EU antitrust complaint over Apple’s App store
Music-streaming service Spotify Technology SA has filed an antitrust complaint in Europe against Apple Inc., a new salvo in the broader battle over how and whether to rein in alleged wrongdoing by tech giants......»»
The Wall Street Journal: China streaming giant Tencent Music tunes up for massive IPO
Tencent Music Entertainment Group, China’s largest music-streaming company, is preparing what would be one of the biggest technology IPOs ever following the successful debut of its European counterpart, Spotify Technology SA......»»
A Spotify Sell-Side Roundup: Wall Street Largely Bullish On Streaming Platform"s Stock
The quiet period for streaming music provider Spotify Technology SA (NYSE: SPOT) expired Monday, which means all research firms are permitted to publish reports on the stock. Here's what the Street is saying.  Latest Ratings for SPOT DateFirmA.....»»
Spotify shares skid as inaugural results undermine Wall Street hype
(Reuters) - Music streaming service Spotify Technology SA's shares fell 9 percent in early trading on Thursday as the company's first quarterly report underwhelmed in the face of heightened Wall Street hype......»»
The Wall Street Journal: Streaming-music industry still plagued by piracy
Even as Spotify and Apple Music have returned the music business to growth by getting fans to pay, piracy rates remain stubbornly high, according to the record industry’s global trade organization......»»
The Wall Street Journal: Spotify in talks to buy podcasting giant Gimlet Media
Spotify Technology SA is in talks to purchase podcasting giant Gimlet Media, according to people familiar with the matter, a move that would give a boost to the music-streaming company’s narrative-audio ambitions......»»
Cramer: Wake up and hear the music—Spotify is an "incredible" buy
Jim Cramer says Wall Street misread Spotify's guidance even though the music streaming platform has recently made some great acquisitions......»»
AI Boom Can Lead To "Potential Demand Growth" For This Metal, Wall Street Turns Bullish
In a recent shift, Wall Street is demonstrating an increased interest in copper, a trend driven by the metal's growing use in data centers, which are essential for artificial intelligence (AI) operations. read more.....»»
8 different areas have taken turns leading the latest bull market in stocks - and that diversity is part of what makes the climb so sustainable, says one Wall Street chief strategist
"The stock market hasn't yet been monopolized like past bull markets," Leuthold Group's James Paulsen said. Reuters / Lucas Jackson The bull marke.....»»
Here"s How Much Apple Pays The Music Right Holder Each Time You Stream A Song
Apple Inc. (NASDAQ: AAPL) has disclosed it pays music-rights holders a penny per stream, the Wall Street Journal reported Friday. read more.....»»
The Wall Street Journal: SXSW sells 50% stake to Rolling Stone owner in bid to keep festival alive
Penske Media Corp., the publisher of magazines like Rolling Stone, Billboard and Variety, agreed to acquire a 50% stake in South by Southwest, the famed tech, music and movie festival, people familiar with the matter said......»»
The Ratings Game: ViacomCBS stock keeps plunging to earth after another Wall Street analyst turns bearish
Shares of ViacomCBS Inc. kept plunging Friday, putting them in danger of suffering their biggest-ever weekly selloff, as yet another Wall Street analysts turned bearish on the media company, citing unrealistic valuations......»»
The Ratings Game: ViacomCBS stock keeps tumbling to earth after another Wall Street analyst turns bearish
Shares of ViacomCBS Inc. kept plunging Friday, putting them in danger of suffering their biggest-ever weekly selloff, as yet another Wall Street analysts turned bearish on the media company, citing unrealistic valuations......»»
Accolade upgrade, Spotify downgrade among today"s top calls on Wall Street
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Twitter Plunges After Trump Ban; Parler Site Taken Offline
Twitter Plunges After Trump Ban; Parler Site Taken Offline As it turns out, Wall Street isn't happy with Twitter's decision to permanently ban President Trump.....»»
Twitter Plunges After Trump Ban; Parler Site Offline
Twitter Plunges After Trump Ban; Parler Site Offline As it turns out, Wall Street isn't.....»»
AstraZeneca upgrade, Spotify target change among top calls on Wall Street
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Tencent Music misses first-quarter revenue estimates, shares fall
China's Tencent Music Entertainment Group missed Wall Street estimates for quarterly revenue on Monday as the COVID-19 pandemic impacted the company's social entertainment services business, sending its shares down 4.5% in extended trade......»»
Wall Street Turns Red on Tuesday
Merck shares fall despite recording revenue growthRelated Stocks: MRK, CNC, HOG, ADS, LB, ALK, CCL, GPS, UPS, MSI, PPG, WAT, NO,.....»»