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Netflix And Spotify Are Navigating The Streaming Crisis With Their Crowns Intact
Netflix (NASDAQ: NFLX) remained king as far as streaming goes. Spotify (NYSE: SPOT) is in the music streaming galaxy. Despite challenges that are plaguing the industry, these two players managed to remain on their respective thrones.
Spotify Q2 subscribers surge as earnings, profitability plunge amid higher costs Spotify (SPOT) reported second-quarter earnings before the bell on Tuesday that missed expectations. Monthly active users (MUAs) beat estimates of 530 million to hit 551 million.
Chevron, Becton Dickinson, Domino's Pizza rise; Spotify falls: Monday, 7/24/2023 Becton, Dickinson and Co. (BDX), up $16.62 to $281.46. Lyft Inc. (LYFT), up 10 cents to $11.52.Spotify Technology (SPOT), down $8.89 to $162.82. United Parcel Service (UPS) up $1.32 to $188.62.
Chevron, Becton Dickinson, Domino's Pizza rise; Spotify falls: Monday, 7/24/2023 Becton, Dickinson and Co. (BDX), up $16.62 to $281.46. Cinemark Holdings Inc. (CNK), up 15 cents to $15.64. Spotify Technology (SPOT), down $8.89 to $162.82.
Streaming Stock Could Continue to Climb if Past Is Precedent Spotify Technology SA (NYSE:SPOT) is up 1.8% to trade at $160.22 this afternoon. The equity has come within striking distance of a historically bullish trendline. The security is running into its 40-day moving average.
Spotify: Q1 Earnings Snapshot Spotify Technology SA (SPOT) reported a loss of $241.4 million in its first quarter. The results missed Wall Street expectations. The music-streaming service operator posted revenue of $3.26 billion.
Spotify: Q1 Earnings Snapshot Spotify Technology SA (SPOT) on Tuesday reported a loss of $241.4 million in its first quarter. On a per-share basis, the Luxembourg-based company said it had a lost of $1.24. The music-streaming service operator posted revenue of $3.26 billion.
Spotify: Q1 Earnings Snapshot Spotify Technology SA (SPOT) reported a loss of $241.4 million in its first quarter. The results missed Wall Street expectations. The music-streaming service operator posted revenue of $3.26 billion.
Elon Musk, A Right Winger? 'What Examples Do You Have,' Asks Joe Rogan - NewsBreak Spotify Technology SA (NYSE: SPOT ) podcast host, Joe Rogan, questioned the narrative that Twitter and Tesla CEO Elon Musk has turned right-wing. Rogan interviewed Twitter Files lead journalist Matt Taibbi on Monday. In November, Musk said he had historically been an independent.
Why Spotify Shares Are Soaring This Week Shares of Spotify (NYSE: SPOT) soared as much as 21.3% this week. The digital audio platform posted strong user growth in its fourth quarter report. Spotify is still unprofitable, posting a $252 million loss in the quarter.
Spotify: Q4 Earnings Snapshot Spotify Technology SA (SPOT) on Tuesday reported a loss of $275.7 million in its fourth quarter. The results missed Wall Street expectations. The music-streaming service operator posted revenue of $3.23 billion in the period.
Spotify: Q4 Earnings Snapshot Spotify Technology SA (SPOT) on Tuesday reported a loss of $275.7 million in its fourth quarter. The results missed Wall Street expectations. The music-streaming service operator posted revenue of $3.23 billion in the period.
Weyerhaeuser earnings beat by $0.06, revenue fell short of estimates Pfizer, McDonald's fall in premarket, International Paper, UPS jump. Spotify (SPOT) stock gains 7% on rising number of monthly active users, margin beat.
Spotify earnings: Subscribers jump but losses widen amid podcast investments Spotify (SPOT) reported fourth quarter financial results before the bell on Tuesday. Total monthly active users topped expectations, coming in at 489 million. Premium subscribers grew 10 million in the quarter to reach 205 million.
Stock market news live updates: Stock futures teeter as big earnings week begins Futures on the S&P 500, Dow Jones Industrial Average and Nasdaq Composite were all down Monday morning. All eyes were on Salesforce (CRM) Monday morning after the Wall Street Journal reported hedge fund Elliott Investment Management has taken a multibillion-dollar stake in the software giant. Spotify Technology (SPOT) shares rose roughly 2% in early trading.
Environmental groups sue U.S. to stop deepwater oil-export facility The Sea Port Oil Terminal (SPOT) would be the largest offshore export terminal in the U.S. It would have the capacity to load two supertankers at a time and export 2 million barrels of crude oil per day. Environmental groups say the terminal and related pipeline construction could cause oil spills and affect some species.
Environmental groups sue U.S. to stop deepwater oil-export facility The Sea Port Oil Terminal (SPOT) would be the largest offshore export terminal in the United States. It would have the capacity to load two supertankers at a time and export 2 million barrels of crude oil per day. Environmental groups say the terminal could cause oil spills and affect some species.
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