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The Latest Breaking News from SPOT

Kids Envision A Future Full Of Robots And Flying Cars

Children also want to go about their travels unnoticed, as an invisibility machine also made the wish list.

Zenger

Citi Sees Gross Margin Expansion Ahead For Spotify

Citi analyst Jason B. Bazinet noted that Spotify Technology S.A. (NYSE: SPOT) has been building a broader audio platform that spans both Music and Podcasts for several years. He noted that these investments have not helped or hurt gross margins.

Benzinga

Bye Bye, Spotify! Obamas Sign Deal With Amazon-Owned Audible

Former President Barack Obama and former First Lady Michelle Obama have announced a new home of their audio content.

Benzinga

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Spotify Slows Down On Hiring Amid Macro Uncertainties

Spotify Technology S.A. (NYSE:SPOT) slowed hiring by 25%, CNBC reports based on a companywide email from CEO Daniel Ek. However, he added the company would “continue to still hire and grow, we are just going to slow that pace and be a bit more prudent with the absolute level of new hires over…

Benzinga

Spotify Has a Plan to Raise Margins, Will It Work?

The music business hasn't been very profitable for Spotify, but the company's pivot to podcasts and plans to reduce costs has Wells Fargo analysts turning more bullish on the stock.

The Street

The Joe Rogan Effect Continues: Spotify Debuts 'Safety Advisory Council' To Address Thorny Content

The brouhaha concerning Joe Rogan’s podcast that scalded over earlier this year continues to resonate as Spotify Technology SA (NYSE: SPOT) announced the formation of a “Safety Advisory Council” designed to offer third-party input on problematic content and online behavior.<

Benzinga

Wells Fargo Changes Its Stance and Re-rates Spotify: Find Out Why

Wells Fargo analyst Steven Cahall upgraded Spotify Technology S.A. (NYSE:SPOT) from Underweight to Equal-Weight. He raised the price target from $101 to $124. Following its June 2022 investor day, Cahall gained more compelling insights into SPOT's operating leverage. Cahall noted the company's belief in accomplishing an operating margin of ~10% in ~5 years, as gross…

Benzinga

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Spotify To Scoop Company Behind Val Kilmer's Voice In Tom Cruise Blockbuster

Spotify Technology SA (NYSE:SPOT) agreed to acquire Sonantic. Sonantic is a dynamic AI voice platform that creates compelling, nuanced, and stunningly realistic voices from the text. The financial terms of the transaction remain undisclosed. Sonantic technology helped bring Val Kilmer’s voice to life in Tom Cruise’s blockbuster Top Gun: Maverick, the TechCrunch reports. Kilmer was…

Benzinga

Dublin's Mitchell & Son celebrate 135 years with exclusive new whiskey

Gold Spot Single Pot Still Irish Whiskey is available from Monday

Dublin Live

Italy's Pompeii tests new guard dog -- a robot named Spot

Pompeii (Italy) (AFP) - Under the amused gaze of many tourists, a robot dog wanders the ancient stone alleys of Pompeii's famous archaeological park.

AFP

Spotify Shares Jump On Analyst Upgrade, Drawing Parallels With Netflix

Raymond James analyst Andrew Marok upgraded Spotify Technology S.A. (NYSE:SPOT) to Outperform from Market Perform with a $150 price target. The stock has traded off significantly from all-time highs in early 2021 due to slower than expected scaling of the company's podcasting business and, most recently, soft margin guidance. Marok saw the bad news as…

Benzinga

4 Things This Spotify Analyst Expects At First Investor Event Since 2018 Direct Listing

Shares of music streaming service Spotify Technology SA (NYSE: SPOT) have lost half of their market capitalization year-to-date. Here's what one bull analyst is saying ahead of an investor event next week.

Benzinga

Spotify Stock Trade Can Generate 56% Return, With One Important Condition

This iron condor trade on Spotify stock has the potential to return 56% if stock prices stabilize.

Investors Business Daily

Spotify CEO Buys $50M in Stock

Move comes as struggling music streaming platform's stock has lost more than half its value in 2022.

The Street

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StockNews.com

Down More Than 50% YTD, is Spotify Stock Now a Buy?

Streaming service platform Spotify (SPOT) delivered solid financial growth in its last reported quarter. However, the company seems to have hit a wall in terms of its subscription growth, and its stock has plummeted more than 50% in price this year. So, will it be wise to bet on the…

Benzinga

Why Roblox Stock Could Blast Higher Following Spotify Debut

Roblox Corporation (NYSE: RBLX) shot up over 6% on Monday, after breaking up bullishly from a falling channel pattern on April 28, which Benzinga called out earlier t

Benzinga

Spotify Partners With Roblox: What Investors Should Know

Spotify Technology (NYSE: SPOT) is headed to the metaverse with the help of a video game company.

Benzinga

Barclays Sees 62% Upside In Spotify Post Q1 - Here's Why

Barclays saw Spotify Technology SA (NYSE:SPOT) report total MAUs, premium subs, and revenue in line with consensus. The 2Q revenue guidance also came in line, but gross margins and OI were missed primarily due to continued core operating improvements across music, podcast, and FX headwinds. Furthermore, these two factors will likely remain for the next…

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Benzinga

Netflix's Crash Triggers Concerns For Spotify Too

Netflix, Inc's (NASDAQ: NFLX)

Benzinga

What To Know About Guggenheim's Downgrade of Spotify Technology

Guggenheim downgraded its rating of Spotify Technology (NYSE:SPOT) to Neutral with a price target of $95.00, changing its price target from $200.00 to $95.00. Shares of Spotify Technology are trading down 12.12% over the last 24 hours, at $97.03 per share.

Benzinga

Looking At Spotify Technology's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Spotify Technology (NYSE:SPOT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Why Spotify Shares Are Crashing Today

Spotify Technology S.A. (NYSE: SPOT) repo

Investors Business Daily

Spotify Stock Sinks To All-Time Low As Subscriber Numbers Disappoint

Streaming music leader Spotify Technology beat financial targets for the first quarter but its subscriber numbers missed.

Benzinga

Spotify Technology: Q1 Earnings Insights

Spotify Technology (NYSE:SPOT) reported its Q1 earnings results on Wednesday, April 27, 2022 at 07:00 AM. Here's what investors need to know about the announcement. Earnings Spotify Technology reporting an EPS of $0.24.

Benzinga

Check Out What Whales Are Doing With SPOT

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