Spotify Technology SA
These are Bank of America’s top picks for the second quarter after a tough start to 2026
As the second quarter kicks off, Bank of America believes that stocks such as Meta Platforms and Spotify are positioned to outperform. The first quarter was marked with macroeconomic uncertainty and geopolitical volatility, characterized by ramping tensions in the Middle East. The S & P 500 jumped to begin April’s trading and the second quarter, […]
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OpenAI acquires popular tech podcast TBPN
OpenAI CEO Sam Altman addresses the gathering at the AI Impact Summit, in New Delhi, India, February 19, 2026. Bhawika Chhabra | Reuters OpenAI announced that it has acquired the technology news podcast TBPN, according to a message shared with employees on Thursday. TBPN is a daily podcast hosted by John Coogan and Jordi Hays […]
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Analysts name ‘positive surprises’ for BTS parent company Hybe with double-digit upside
HSBC has raised its target price for Hybe, the company behind Kpop sensation BTS , even as the band’s March comeback concert in Seoul drew a smaller crowd than expected. The bank reiterated its “buy” rating for the stock, increased its target price for Hybe to 500,000 won ($332) from 420,000 won and gave it […]
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Why Spotify AI more than music will be the secret to keeping subscribers
The Spotify music app is seen on a phone in New York City on June 4, 2024. Michael M. Santiago | Getty Images Streaming music apps have been nudging users into the artificial intelligence era with a limited track record of success. But AI-based recommendation tools from Apple, Amazon and pure-play streaming company Spotify are […]
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Software stocks rebound as Anthropic announces new partnerships
Software stocks made a comeback on Tuesday after Anthropic hosted its enterprise agents event, where it revealed new partnerships, quelling some investor fears that the sector could be displaced by artificial intelligence. The AI startup launched new updates to Claude Cowork that allow companies to integrate the productivity tool into a host of enterprise apps, […]
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Jesse Jackson dies, Hyatt’s Epstein fallout, Apple’s podcast push and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday, and happy Year of the Horse! I’m back after a week in Costa Rica, where I sampled coffee, memorized the USD-colón conversion rate and wished my Spanish was better. S&P 500 futures are lower this morning. The stock market is […]
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Apple takes on YouTube and Spotify with new video podcasting push
Apple Podcasts on App Store displayed on a phone screen is seen in this illustration photo taken in Poland on June 5, 2024. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Apple on Monday announced that it will bring a new integrated video podcast experience to Apple Podcasts this spring. […]
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Stocks making the biggest moves midday: Ferrari, Incyte, S&P Global, Datadog, BP and more
Check out some of the companies making the biggest moves midday: Amentum Holdings — The defense contractor tumbled about 12% after fiscal first-quarter revenue and adjusted EBITDA missed Wall Street analysts’ consensus estimates, according to FactSet data. BP Plc — The British oil major suspended its buyback program , deciding to use the cash instead […]
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Spotify pops 14% on strong user growth, earnings beat
Muhammed Selim Korkutata | Anadolu | Getty Images Spotify‘s stock popped 14% as the music streaming platform added more users and bolstered features in newer markets. Here’s how the company did compared to LSEG estimates. Earnings per share: 4.43 euros vs 2.74 euros expected Revenue: 4.53 billion euros vs 4.52 billion euros expected Revenues in […]
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Coca-Cola earnings, Google’s AI risks, Target layoffs and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. Fresh off his feature in Salesforce’s Super Bowl ad, MrBeast is getting into banking. The YouTuber, whose real name is Jimmy Donaldson, said Monday that his company Beast Industries acquired the financial services app Step. Stock futures are little changed […]
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