Spotify Technology is a key player in the music industry, but it faces competitive challenges, one analyst team said as it initiated coverage of the music-streaming platform ahead of earnings.
“While we expect Spotify to continue to grow revenue at double digits and enjoy margin improvement over time, we think current valuation already discounts in a fairly optimistic financial trajectory,” TD Cowen analysts wrote. In the past, entertainment platforms have carved a space through exclusive content, but within the music sphere, almost all of the content is owned by record labels, they added.
Colombia Últimas Noticias, Colombia Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Fuente: CNBC - 🏆 12. / 72 Leer más »
Fuente: FXStreetNews - 🏆 14. / 72 Leer más »
Fuente: MarketWatch - 🏆 3. / 97 Leer más »
Fuente: MarketWatch - 🏆 3. / 97 Leer más »
Nasdaq 100, S&P 500 Weekly Forecast: Alphabet, Microsoft and Amazon Earnings EyedCorporate earnings from tech mega-caps Alphabet, Microsoft, and Amazon could guide market sentiment and set the trading tone for the S&P 500 and Nasdaq 100 in the coming week.
Fuente: DailyFX - 🏆 305. / 63 Leer más »
Fuente: WSJ - 🏆 98. / 63 Leer más »