Spotify Technology S. SPOT shares are on track to hit a new high on Tuesday after the Stockholm-based music streaming service announced solid fiscal year fourth-quarter results, thanks to record margins.
The company reported fourth-quarter earnings per share EPS of 1. Revenue climbed The company reported full-year EPS of 5. The fourth-quarter gross margin expanded to a record Looking ahead, the company guided to first-quarter revenue of 4. Spotify expects its business to be well-positioned to deliver another year of continued growth and improving margins as it reinvests to support its long-term potential. In premarket trading, Spotify stock climbed 7.
Ford Motor Co. Despite the decline, retail sentiment remained resilient as the automaker delivered a stronger-than-expected fourth-quarter Q4 report. We fin Shares of e. Beauty Inc. For the third quarter, e. Roblox Corp. Shares of Cboe Global Markets, Inc. CEO Fredric Tomczyk said the company enters on solid footing, with a refined strategic focus and the financial f In recent months, Congress has been considering significant cuts to the Supplemental Nutrition Assistance Program SNAP , a move that has sparked widespread debate and concern.
SNAP, formerly known as food stamps, is a critical program that provides food assistance to over 40 million Americans, including children, seniors, and people with disabilities. Ahead of the highly awaited print, the company made several leadership changes earlier in the day. House was formerly vice-president of Finance from June Lawler will continue with Ford as vice-chair, focusing on strategy and corporate development. Shares of U. Steel Corp. NPSCY to acquire the year-old steelmaker.
According to a report by CBS News citing unnamed sources, this is not definite yet, and if Trump goes through with it, it would be a reversal of his earlier stance in December. Steel being bought by a foreign company, in this case Nippon Steel of Jap There are over 75 Joann stores in California with more than stores across the U. Rowe Price Group Inc. TROW shares fell 4. Its quarter-end assets under management AUM fell 1.
