Will AI image generators kill the stock image industry? It’s a question asked by many following the rise of text-to-image AI models in recent years. The answer from the industry’s incumbents, though, is “no” — not […]
Photo Credit: Hipgnosis Songs Fund Hipgnosis Songs Fund is now repurchasing its own shares as its stock valuation plunges to almost half of what the company said its catalogs were worth. The situation at Hipgnosis […]
Spotify stock (NYSE: SPOT) dipped to a record low of $78.50 per share following news of TikTok parent ByteDance’s plans to spearhead a global streaming service expansion. Shares have since rebounded past the $80 mark, […]
Photo Credit: David Vincent Hipgnosis Songs Fund (LON: SONG) shares have dipped to a record-low price, but some investors appear relatively upbeat about the entity’s path forward following a $700 million refinancing. During Tuesday’s market […]
Photo Credit: Thibault Penin Rowan Street Capital, a self-described “private investment fund focused on long term ownership of a few ‘extraordinary’ businesses,” is maintaining an optimistic position on Spotify stock (NYSE: SPOT) even as shares […]
Photo Credit: Thibault Penin Rowan Street Capital, a self-described “private investment fund focused on long term ownership of a few ‘extraordinary’ businesses,” is maintaining an optimistic position on Spotify stock (NYSE: SPOT) even as shares […]
Photo Credit: Ark Invest ARK Investment Management has dropped over 200,000 Spotify shares (~$18M) following the stock’s poor performance. Spotify’s current trade price is around $87, which is 71% below its 52-week high. The stock […]
Spotify stock (NYSE: SPOT) just recently touched a record low of $88.69 per share, and some are discussing whether it’s a good time to invest in the audio-entertainment company, which was trading for nearly three […]
About six months after disclosing its intention of spearheading a secondary stock listing, Tencent Music (NYSE: TME) is reportedly preparing to make shares available on Hong Kong’s exchange “as soon as next week.” The seemingly […]
Spotify stock (NYSE: SPOT) has rallied by about seven percent during the last five trading days but remains approximately 54 percent beneath the per-share price that it boasted at 2022’s beginning. Now, as execs are […]
Filmmaker Craig Gillespie has secured an all-star cast for Dumb Money, a much-anticipated film about the GameStop short squeeze that wreaked havoc on Wall Street. According to Deadline, Pete Davidson, Seth Rogen, Sebastian Stan, and Paul Dano have been tapped […]
Following slow revenue growth for Q2 2022, Audacy has started layoffs after disappointing financials. The Philadelphia-based company is expected to make job cuts that will impact all divisions and geographic markets. According to one report, […]
Continue Reading Below Well, with betting on companies, people want a way to bet AGAINST them. That’s what shorting is. Instead of buying a stock for market price and sitting on it, shorting is effectively […]
Spotify stock (NYSE: SPOT) is surging after the company added six million paid accounts and about four million ad-supported users during Q2 2022, when revenue from the latter hiked by nearly 30 percent quarter over […]
Photo Credit: AJeong_JM / CC by 4.0 Notwithstanding BTS members’ much-publicized plans to pursue solo careers, Hybe (KRX: 352820) reported an 83.8% year-over-year revenue hike during 2022’s second quarter. The Seoul-headquartered company revealed this and […]
SNAP shares plunged more than 25% in extended trading hours following a disappointing Q2 2022 earnings report. The report says Snap Inc. plans to slow hiring as it contends with weakening revenue growth. “We are […]
Update July 13th, 11:15AM ET: Nintendo appears to have sold out of its N64 wireless controllers. The official N64 controller for the Nintendo Switch has just been restocked at the Nintendo eShop. This $49.99 controller […]
Back in April, French streaming service Deezer (once again) confirmed plans to go public, this time via a special purpose acquisition company (SPAC) merger. Nearly three months later, the platform has officially listed on the […]
On Tuesday, French music streaming service Deezer suffered a nearly 30 percent stock price tumble during its first day on the public market. Now, with the company’s initial week of trading in the books, shares […]
Twitter is partnering with Shopify on an integration that will keep a seller’s Twitter profile page updated with direct links to the products they have for sale. Shopify users who install the new Twitter add-on […]