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In a week of market volatility, the adtech sector was on fire this week after a down week to start April. The recovery is no surprise, as investors got a bit of good news from the Trump administration -- at least relative to what we knew a week ago.
Spotify's (SPOT) A.I. implementation and sticky user base make the music streamer a powerhouse by @LikeFolio's metrics.
Spotify announced on Friday that it plans to invest €1 million–or approximately $1.1 million — to boost audiobook production in languages other than English, beginning with French and Dutch.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Investors are looking for growth stocks that aren't exposed to the U.S. tariff war and possible recession. For many, Spotify stock fits the bill.
On April 2, President Trump announced sweeping tariffs on America's trading partners, which will increase the cost of physical goods coming into the country. The president's goal is to encourage more companies to manufacture products domestically to drive job creation, but there is likely to be significant economic pain in the short term, especially as other countries are expected to respond with tariffs of their own.
The recent correction in the stock market is making many investors uneasy. Amid several days of considerable sell-offs, shareholders are likely questioning past investments, and others may ask themselves whether they want to stay in the stock market at all.
Even though the so-called magnificent seven stocks in the technology sector have been the subject of the front-running in participant selling within the stock market, investors need to pay attention to the narratives—or preferences—that the market might start looking for in recently volatile times for the United States economy. What this means is that as new trade tariffs come online, safety and stability within business models might become top of mind for capital moving forward.
Audio streaming giant Spotify's royalty payments to artists from Nigeria and South Africa - its two biggest African markets - spiked to around $59 million last year as performers rode a wave of growing interest in music from the continent.
Music and podcast streamer Spotify Technology has announced new initiatives to boost its advertising revenue. Spotify stock analysts were positive on the news.