Spotify Technology SA
Spotify stock plummets after earnings beat expectations as guidance disappoints
Shares of Swedish audio-streamer Spotify fell 9% in premarket trading after soft guidance overshadowed an earnings beat. The New York-listed stock fell as much as 12% following earnings before the bell before paring some of the losses. First-quarter revenue rose 8% from last year to 4.5 billion euros ($5.3 billion), while monthly active users (MAUs) […]
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Musk and Altman go to trial, GM earnings, Spotify’s fitness push and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. Shares of key players in the artificial intelligence trade — like Oracle, Nvidia and SoftBank Group — are all falling this morning following a report that OpenAI missed internal targets for revenue and user growth. Stock futures are mixed in […]
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Stocks making the biggest moves premarket: Oracle, General Motors, Coca-Cola, Spotify & more
Check out the companies making headlines before the bell: Oracle — The software giant dropped more than 5% after The Wall Street Journal, citing people familiar, reported OpenAI recently missed its own targets for new users and revenue, raising concerns the company may not be able to support its massive AI spending. A number of […]
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Spotify teams up with Peloton to launch global fitness content hub
Spotify is increasing its push beyond music and podcasts as the company on Monday announced a new fitness category partnership with Peloton Interactive. The deal will make more than 1,400 Peloton classes available to Spotify Premium subscribers across most of its global markets, embedding fitness content directly into Spotify’s existing audio and video ecosystem, according […]
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WHCD shooting, DOJ ends Powell probe, Musk vs. Altman and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning. We have a big week ahead of us: In addition to earnings reports from key automakers and five of the “Magnificent Seven,” the Federal Reserve will make its next monetary policy decision and the trial between Elon Musk and Sam […]
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Stocks making the biggest moves midday: Texas Instruments, United Rentals, Wex, Penn Entertainment & more
Check out the companies making the biggest moves midday: Texas Instruments — The semiconductor stock soared 19% after the company forecast that its current-quarter earnings would come in the range of $1.77 to $2.05 per share, versus the $1.57 consensus, according to LSEG. Similarly, it sees its revenue coming in between $5 billion to $5.4 […]
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Stocks making the biggest moves premarket: Honeywell, Nokia, Netflix, IBM, Tesla & more
Check out the companies making the biggest moves before the bell: Netflix — The streaming giant gained more than 1% after a regulatory filing showed the company authorized an additional $25 billion share buyback. Helix Energy Solutions — Shares of the offshore energy company rose more than 3% after Helix agreed to merge with privately […]
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Lululemon names former Nike exec Heidi O’Neill as new CEO
Lululemon store sign on March 2,, 2026 in London, United Kingdom. Peter Dazeley | Getty Images Lululemon on Wednesday named Heidi O’Neill as the athleisure company’s new CEO, effective Sept. 8. The news comes after the company has seen more than a year of disappointing performance and been embroiled in a dramatic proxy battle, with […]
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Trump’s Iran deadline, the Altman-Musk feud, Novo’s Wegovy pill and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Good morning, and congratulations to everyone who had the Michigan Wolverines winning their March Madness bracket. Stock futures are lower this morning after all three major averages closed Monday’s session higher. Here are five key things investors need to know to start […]
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European stocks tick higher as Iran war deadline unsettles markets
BERLIN, GERMANY – MARCH 16: A truck and a bicyclist pass by a petrol station that shows gasoline prices well over EUR 2.00 per litre on March 16, 2026 in Berlin, Germany. The German government, in response to dramatic price increases of petrol in Germany since the outbreak of the U.S.-Israeli military conflict with Iran, […]
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