Spotify is issuing new layoffs, but this doesn't necessarily mean bad news for the stock. It is beginning to take on a new rally after analysts boost it
A new round of layoffs was surprising, but showed just how focused Spotify is on building a profitable business.
The euphoria on Wall Street encountered a reality check this week, with stocks and bonds retreating and raising questions about the sustainability of the recent market rally. The focus now shifts to upcoming...
The global entertainment industry is experiencing robust growth, driven by the demand for high-quality streaming services and video games. Hence, fundamentally strong entertainment stocks Electronic Arts...
Another round of layoffs is seen as good news for shareholders.
Spotify (SPOT), the renowned music streaming giant, announced its third significant workforce reduction this year, planning to lay off approximately 1,500 employees, equating to 17% of its total workforce....
Music streaming service Spotify (SPOT) is laying off 17% of its workforce in an effort to reduce costs ...
Let the trends be your friend.
There are a lot of reasons to be optimistic about this payments business.
These companies could grow by double digits for years.
