Spotify Technology SA
Stocks making the biggest moves midday: Rivian, Cava, Rocket Lab, Amgen and more
Check out the companies making headlines in midday trading. Charter Communications , Liberty Broadband — Cable operator Charter Communications agreed to acquire Liberty Broadband in an all-stock deal. Charter shares rose 5.6%, while Liberty Broadband slid 3%. Cava Group — Shares of the Mediterranean-inspired food chain popped 7% after third-quarter results came out stronger than […]
Read More
Stocks making the biggest moves premarket: Cava, Spotify Technologies, Rocket Lab and more
Check out the companies making headlines before the bell. Cava — The fast-casual restaurant chain surged nearly 19% after third-quarter results exceeded analysts’ expectations. Earnings of 15 cents per share topped the 11-cent consensus estimate from analysts polled by LSEG, while revenue of $244 million revenue was also above the $234 million estimate. EchoStar — […]
Read More
Spotify shares pop on better-than-expected profit forecast
The Spotify logo is displayed on a screen on the floor of the New York Stock Exchange on Dec. 4, 2023. Brendan Mcdermid | Reuters Spotify shares rose in extended trading Tuesday after the Swedish music streaming company issued a profit forecast for the fourth quarter that topped estimates. Here’s how the company did, compared […]
Read More
Stocks making the biggest moves after hours: Spotify Technology, Cava, Rivian Automotive and more
Check out the companies making headlines in extended trading. Spotify Technology – Shares of the music-streaming service jumped about 8%. Total monthly active users for the third quarter came in at 640 million, reflecting an 11% jump from a year earlier and beating FactSet consensus estimates of 639.0 million. Still, Spotify fell short of the […]
Read More
The 2 things that will drive the stock market after last week’s Trump-Fed rally
President Donald Trump looks on as his nominee for the chairman of the Federal Reserve Jerome Powell takes to the podium during a press event in the Rose Garden at the White House, November 2, 2017 in Washington, DC. Drew Angerer | Getty Images Talk about an eventful week. Normally, when the Fed cuts interest […]
Read More
Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO
Peter Stern, CEO of Peloton Interactive. Courtesy: Peloton Interactive Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the co-founder of Apple Fitness+ to be its next CEO and president. Stern, the president of Ford Integrated Services, primarily oversees the automotive company’s subscription services, such as BlueCruise, Pro Intelligence, connectivity and […]
Read More
Stocks making the biggest moves midday: Taiwan Semi, On Semi, Delta Air and more
Check out the companies making headlines in midday trading. Spotify — The music streaming platform advanced 2% after Wells Fargo named it a top stock pick . Analyst Steven Cahall cited Spotify’s rising profit margins, strong product mix and evolving record label relationships as catalysts while reiterating an outperform rating on the stock. Robinhood — […]
Read More
Stocks making the biggest moves premarket: Exxon, Spotify, Boeing, McDonald’s, TSMC and more
Check out the companies making headlines in premarket trading. Spotify — The music platform rose more than 2% after Wells Fargo named Spotify a top stock pick . Analyst Steven Cahall is particularly bullish on the company’s rising margins, strong product mix and evolving record label relationships. The bank currently has an outperform rating on […]
Read More
This is why David Einhorn thinks Peloton could be worth five times what it is now
David Enhorn pitches Peloton at the Robin Hood Investors Conference. Getty Images (L) | CNBC (R) Greenlight Capital’s David Einhorn thinks Peloton could trade as high as $31.50 a share if the company slashes costs, which could double its current adjusted EBITDA projections, CNBC has learned. That’s about five times the current price of its […]
Read More
Goldman Sachs says these stocks are a table-pounding buy ahead of earnings
Analysts at Goldman Sachs named a slate of stocks to snap up as earnings season gets underway. There are plenty of buy-rated companies heading into quarterly reports, according to the firm. Those names include LivaNova , Spotify Technology, TKO Group and ServiceNow. Spotify Technology “SPOT is the clear global audio platform leader,” wrote analyst Eric […]
Read More