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THE FINANCE GHOST: California streamin’

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Growth stocks including Netflix and Spotify are back in business, baby — though a look at their results may not justify this year’s market mania, writes FinanceGhost.

After an awful 2022, the market wasted no time climbing back into growth stocks in January. Macroeconomic and sentiment swings can be frightening. Spotify has jumped nearly 50% this year. Fellow streaming business Netflix is up more than 24%.

They have different content strategies, but it’s fun to compare the two.BA subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

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