
SPOT Stock Down 8% Yesterday, Spotify Reports Wider Than Expected Q4 Loss
During the past three months that ended in December, Spotify paying subscribers saw a huge leap to close the year on a positive note.
During the past three months that ended in December, Spotify paying subscribers saw a huge leap to close the year on a positive note.
The integration of cryptocurrency purchase options for Bitcoin (BTC), Ethereum (ETH), and other limited altcoins has proven to be the right move for PayPal as shown in its Q4 results.
GameStop stocks have tumbled all their way down south after last week’s retail frenzy. The SEC has already started investigating the matter looking into the possible players involved in the GME price pump.
The president and CEO of First Boulevard Donald Hawkins expressed his excitement over the partnership with Visa.
As part of the agreement, the Ant Group will club all of its financial wings including blockchain and fintech arms in one holding company. Analysts note that this will, however, slow down the growth of the company.
The AppLovin press release insists that “Adjust will retain its unique brand and culture and continue to operate as a distinct company”.
As the Reddit-fueled frenzy slows down, investor confidence in the broader market seems to be restored again thanks to the tech giants like Amazon and Alphabet whose earnings report suggests phenomenal growth during Q4 2020.
Andy Jassy will take over from Bezos in the third quarter of this year and his would-be predecessor says Jassy will become an “outstanding leader” to the company.
Alphabet (GOOGL) stock enjoyed a profitable 2020 as they jumped approximately 32.77% during the year.
Pfizer raised its earnings guidance for the 2021 fiscal year noting that its revenues will range between $59.4 billion and $61.4 billion, with vaccine sales taking a prominent role in the achievement.
In the earnings report, Amazon also announced that Jeff Bezos would leave his post as the company’s CEO.
The Chief Financial Officer of Amazon Brian Olsavsky disclosed that the move was decided in consultation with the Board of Directors of Amazon. Andy Jassy will become a new CEO.
Following its halt in the trade of the shorted stocks last week, Robinhood has earned a strained public sentiment, which is reportedly going to strain its IPO plans.
Alibaba reported profitability for its cloud computing business amid its ongoing regulatory scrutiny by China’s State Administration for Market Regulation (SAMR).
Last year, Riot Blockchain stock experienced an astronomical rally. In the past twelve months, RIOT shares are approximately 1457.25% up. In the past three months, it rallied by 514.00%.