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Wall Street CEOs Pull The 'Trump Tariff' Card: Is Macro Fear The New Excuse For Weak Guidance?—Asks Leading Fund Manager
Wednesday, April 30, 2025 - 11:04pm | 568Read More...As "macro uncertainty" and President Donald Trump‘s tariffs become the go-to scapegoats for CEOs this earnings season, fund manager Gary Black isn’t buying it. What Happened: On Tuesday, Black posted on X, citing former Chicago Mayor Rahm Emanuel's famous quote, “Never let a good...
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Spotify Pays $100 Million To Podcast Creators, Aiming To Topple YouTube's Reign
Tuesday, April 29, 2025 - 6:25am | 681Read More...In a move to challenge YouTube’s dominance in the video podcasting arena, Spotify Technology SA (NYSE:SPOT) has paid out over $100 million to podcast creators and publishers since January. What Happened: Spotify’s hefty payout is part of a 2025 initiative to provide new revenue...
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Netflix, Spotify Can Weather Economic Uncertainty Because Of Subscription-Based Models, Says Jim Cramer: Here's What Their Charts Indicate
Tuesday, March 25, 2025 - 8:14am | 1097Read More...Technology companies using a subscription-based business model are more likely to weather economic uncertainty amid the ongoing big-tech selloff, according to CNBC’s Jim Cramer. The charts of both Netflix Inc. (NASDAQ:NFLX) and Spotify Technology SA (NYSE:SPOT) showcase a bullish trend based...
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Cathie Wood Sells Off Spotify Stock As YouTube Clamors For Podcast Crown
Thursday, February 27, 2025 - 9:39pm | 397Read More...On Thursday, Cathie Wood’s Ark Invest made a significant trade involving Spotify Technology SA (NYSE:SPOT). The SPOT Trade Ark Invest’s decision to trade Spotify’s shares comes amidst a turbulent time for the music streaming giant. Spotify has recently faced stiff competition from...
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Cathie Wood's Monday Moves: $4.8M Spotify Stock Sale Meets $4.7M Pinterest Shopping Spree
Monday, December 2, 2024 - 10:27pm | 602Read More...On Monday, Cathie Wood’s Ark Invest made significant moves in its portfolio, notably involving Spotify Technology SA (NYSE:SPOT) and Pinterest Inc. (NYSE:PINS). The Spotify Trade Ark Invest’s Ark Fintech Innovation ETF (NYSE:ARKF) and ARK Next Generation Internet ETF (NYSE:ARKW) ETFs...
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Activist Hedge Fund ValueAct Boosts Meta Stake With $121M Bet, But CEO Morfit Supports Mark Zuckerberg's AI Vision: Here's What Investors Should Know (Updated)
Friday, November 15, 2024 - 8:41am | 752Read More...Editor’s Note: This story has been updated with a confirmation from ValueAct Holdings. ValueAct Holdings, L.P. reported holdings worth $3.9 billion in the September quarter after it disclosed major changes in its 13F filing for the third quarter of current fiscal. What Happened: One of the...
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MARA Holdings, SoundHound AI, Spotify, Rivian, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Tuesday, November 12, 2024 - 9:36pm | 783Read More...On Tuesday, the U.S. stock market ended the day on a lower note, with the Dow Jones index dropping by more than 380 points. The Dow traded down 0.9% to 43,910.98, while the NASDAQ fell slightly by 0.1% to 19,281.40. The S&P 500 also experienced a dip, falling 0.3% to 5,983.99. These are the top...
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Amazon AWS CEO Stands Firm On 5-Day Office Policy — Opponents Can Head For The Exit Door: 'There Are Other Companies Around'
Thursday, October 17, 2024 - 9:15pm | 545Read More...Amazon.com Inc’s (NASDAQ:AMZN) AWS unit CEO, Matt Garman, has staunchly defended the company’s contentious new five-day in-office policy, suggesting that those who oppose it may consider other employment options. What Happened: According to a Reuters report on Thursday, Garman...
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Spotify Brings Ed Sheeran, Doja Cat, Ice Spice And Other Music Videos In New Update, But There's A Catch
Wednesday, March 13, 2024 - 7:52am | 588Read More...Spotify Technology SA (NYSE:SPOT) has announced the launch of music videos for its premium users in 11 markets, following in the footsteps of rival Alphabet Inc.'s (NASDAQ:GOOG) YouTube Music. What Happened: Spotify’s latest beta version is currently being rolled out in a limited manner and...
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Google's Sundar Pichai's Morning Routine Is Not What You'd Expect, Even Zuck And Nadella Are Fans
Friday, February 9, 2024 - 5:53am | 623Read More...Google CEO Sundar Pichai shared his unique morning routine, which sets him apart from other tech executives, in a recent interview with Wired. What Happened: Pichai, unlike many of his peers, doesn’t start his day with a traditional newspaper. Instead, he turns to a niche website called...
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Spotify CEO Slams Apple's 'Alternative App Store' Fee, Says It Will Increase Customer Acquisition Costs Ten Fold: 'New Low Even For Them'
Friday, January 26, 2024 - 11:42pm | 827Read More...Spotify Technology SA (NYSE:SPOT) has leveled accusations against Apple Inc. (NASDAQ:AAPL) for allegedly subverting the goals of the European Union's Digital Markets Act (DMA) through its proposed "Alternative App Store" changes. What Happened: Spotify has been calling on the European Commission to...
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Spotify To Bypass Apple's 30% App Store Fee In Europe Via In-App Purchases: Report
Wednesday, January 24, 2024 - 10:42am | 585Read More...In a strategic move, Spotify Technology SA (NYSE:SPOT) will allow its European users to make in-app purchases for audiobooks and subscription plans, bypassing Apple Inc. (NASDAQ:AAPL)’s 30% fee on the App Store. What Happened: Spotify will implement this change in March in response to the new...
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Spotify To Layoff 17% Of Workforce: 'Being Lean Is Not Just An Option But A Necessity' Says CEO Daniel Ek
Monday, December 4, 2023 - 4:27am | 522Read More...Spotify’s (NYSE:SPOT) CEO, Daniel Ek revealed a major restructuring plan for the company which will result in a workforce reduction of around 17%. What Happened: The announcement came to light earlier today when Ek issued a note to all employees. Ek stressed that for Spotify to grow as a...
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Spotify's Highly-Anticipated Hi-Fi Plan Is Called 'Supremium', Here's How Much It Will Cost
Friday, October 6, 2023 - 6:54am | 512Read More...The highly-anticipated Spotify Hi-Fi plan has been leaked and the music streaming giant is expected to call it ‘Supremium', allowing music lovers to stream high bitrate audio and compete with Apple Inc.'s (NASDAQ:AAPL) offering. What Happened: Spotify Technology SA (NYSE:SPOT) has been long rumored...
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Elon Musk Wowed By Spotify's Latest Podcast Translation Feature, Developed With OpenAI's Help
Monday, September 25, 2023 - 10:03pm | 489Read More...Spotify Inc. (NYSE:SPOT) has unveiled a new voice translation feature for podcasts, earning praise from Elon Musk as the streaming giant explores AI-driven technology to bridge language gaps in the world of audio content. What Happened: Spotify has initiated a trial...















