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Spotify reaches record high earnings — but misses target on monthly active users

Spotify’s quarterly gross profit Curbing marketing spending helped it top $1.1 billion for the first time, but it also means the music streaming giant missed its monthly active user forecasts. The Swedish company has grown its user base over the years by offering promotions and investing in podcasts and audiobooks. But since last year, the […]

Tesla’s day of reckoning as first-quarter earnings set to be released

Jeff Sica of Circle Squared Alternative Investments weighs in on Big Tech’s earnings and talks about Barney & Company’s Tesla stock. Tesla is scheduled to report first-quarter results after the market closes on Tuesday, but the electric vehicle (EV) maker faces liquidation from investors following a massive sales mishap. The company’s vehicle deliveries in the […]

Dow surges more than 400 points as investors brace for Big Tech earnings

U.S. stocks fell on Monday after heavy losses in pre-market trading as easing tensions in the Middle East boosted risk appetite and investors looked forward to a volatile week with major tech results and important inflation trends. has soared in volatile trading. The Dow Jones Industrial Average rose 430 points, or 1.1%, to $38,417, the […]

Tesla stock down 5% as Elon Musk’s EV maker to announce earnings

Tesla’s tumultuous year, plagued by price cuts, recalls and layoffs, continued on Monday, with shares of Elon Musk’s electric car company falling more than 4% ahead of Tuesday’s highly anticipated quarterly results. Tesla stock traded at around $142, near its lowest price since January 6, 2023, when it closed at $113.06. Since the beginning of […]

Asian Stocks Rebound With Earnings, Data in Focus: Markets Wrap – Yahoo Finance

(Bloomberg) — Asian stocks opened higher this week as focus shifted to a host of corporate earnings and economic indicators to gauge the direction of central bank policy. Most Read Articles on Bloomberg Indexes in Japan, Australia and South Korea all rose more than 1% early Monday, partially recovering from last week’s slump. The dollar […]

Dow tumbles 300 points on weak bank earnings, inflation concerns

The threat of more war in the Middle East and disappointing earnings reports from U.S. banks triggered a selloff on Wall Street on Friday. The Dow Jones Industrial Average plunged 475 points to close at $37,983 and is now down about 5% from its all-time high after also breaking the $40,000 barrier that ended March […]

Ex-ministers press Sunak on ‘persecution’ of carers who broke earnings rules | Carers

The “scandalous” prosecution of unpaid carers exposed by the Guardian must end now and an investigation must begin immediately, Rishi Sunak has been told. Three former Work and Pensions Secretaries and the Labor Party explain why they unknowingly breached earnings rules yet left thousands of people looking after loved ones being chased out for thousands […]