Wall Street has a green light on Big Green following Spotify's earnings report for Q4, which saw the platform reach new milestones in MAU and subscribers and beat gross-margins and profit expectations.
Spotify shares hit a five-month high on 1/31, surging 12.7% from 1/30. On 2/1 shares continued to climb, up nearly 5%, closing at $118.19. Citi flagged it as a "buy," citing the company's positive outlook for Q1 2023, during which it expects to hit 500m MAU and 2m new subs.
How's that for efficiency?
THE COUNT: COLDPLAY IS HOT, COUNTRY'S COOKIN' IN THE U.K.
The latest tidbits from the bustling live sector (3/28a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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