Tag: Marketing

Spotify Q1 Results: Gross profit crosses 1 billion euros for first time

 stock analyst  04/24/2024  0 Comments on Spotify Q1 Results: Gross profit crosses 1 billion euros for first time

​Spotify\’s quarterly gross profit topped 1 billion euros ($1.1 billion) for the first time after it reined in marketing spending, although that meant the music streaming giant missed its forecast for monthly active users.

Wall Street brokerages start Reddit coverage with skepticism on user growth

 stock analyst  04/15/2024  0 Comments on Wall Street brokerages start Reddit coverage with skepticism on user growth

​ J.P.Morgan and Morgan Stanley started coverage on Reddit with equivalent to \”hold\” ratings, as they wait for clarity on the social media company\’s user growth, while staying bullish on ad-revenue growth and artificial intelligence (AI) initiatives.