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 […]
Photo Credit: Jimin Memories Gallery Shares of BTS agency Hybe (KRX: 352820) have parted with about one-quarter of their value following the announcement that the K-pop mainstay’s seven members will take time off to pursue […]
During its first quarter as a publicly traded company, Middle Eastern streaming service Anghami (NASDAQ: ANGH) reported a 23 percent year-over-year revenue jump and a 20 percent boost for “active users.” The Abu Dhabi-based streaming […]
Photo Credit: Google Spotify’s stock (SPOT) continues to slide days after CEO Daniel Ek bought $50 million in stock. Yesterday the stock dipped below the $95 mark in after hours trading, which is the lowest […]
Spotify CEO Daniel Ek has officially announced the purchase of $50 million worth of his company’s stock after shares late last month dipped to a record low of $95.22 apiece. Daniel Ek just recently took […]
Photo Credit: Patrick Weissenberger Morgan Stanley analysts have lowered their price target for Spotify stock from $300 to $225. The brokerage currently has an ‘overweight’ rating on the stock, according to Benzinga. The price target […]
Live Nation president and CEO Michael Rapino has sold nearly $160 million worth of stock in his company since 2022’s beginning, Securities and Exchange Commission (SEC) filings have revealed. Digital Music News first reported […]
Spotify stock (NYSE: SPOT) fell beneath $100 per share for the first time in company history today after the service posted its Q1 2022 earnings. Spotify stock (NYSE: SPOT) has fallen beneath $100 per share […]
Atlanta-headquartered radio-station operator Cumulus Media is reportedly considering a $1.2 billion takeover bid, including debt, from industry veteran (and Connoisseur Media founder) Jeff Warshaw. The possible buyout of 24-year-old Cumulus Media (NASDAQ: CMLS), which says […]
Twitch streamer Kaitlyn ‘Amouranth’ Siragusa is looking to make a hefty profit after purchasing nearly $2,000,000 of Activision-Blizzard despite the company being involved in several lawsuits. Amouranth has become one of the biggest internet stars […]
Hong Kong CNN Business — Tencent’s stock suffered a sharp drop after the company reported its slowest-ever growth thanks to a bruising crackdown by China on the country’s tech sector. Shares in the Chinese social […]
Astra (ASTR) confirmed on Twitter that the rocket had made it to orbit, but it wasn’t immediately clear whether its payload — a group of small satellites for a variety of customers — safely deployed […]
Shared from www.latimes.com The Securities and Exchange Commission is investigating whether Tesla Inc. Chief Executive Elon Musk and his brother Kimbal violated securities laws when selling shares in the company late last year, according to […]