— The streaming audio stock fell just shy of 9% after the company's monthly active users for the first quarter disappointed investors. Spotify also cut its full year guidance for the metric. The company did report a smaller-than-expected loss for the first three months of the year.
— Shares of the e-commerce company popped nearly 10% after Shopify reported adjusted earnings per share that were close to triple what analysts had projected. The company reported $2.01 in adjusted earnings per share on $989 million in revenue. Analysts surveyed by Refinitiv were expecting 74 cents per share and $865 million in revenue.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks and U.S. equity futures mixed after records, with commodity stocks in the leadThe week was kicking off with gains for the Stoxx Europe 600, which was aiming at a fresh record, though slightly more cautious. U.S. futures were mixed,...
Source: MarketWatch - 🏆 3. / 97 Read more »
European stocks rise as rebound continues, while mining stocks react to fall in commodity pricesEuropean equities rose on Friday, as the rebound continues from a selloff caused by inflation fears, with mining stocks being the major drag on stock-market... Do you think this is what people really need right now? .markets .markets Ushiba $Ushiba WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!
Source: MarketWatch - 🏆 3. / 97 Read more »
Stocks making the biggest moves after the bell: Disney, DoorDash, Coinbase & moreStocks making the biggest moves after the bell: Disney, Doordash, Coinbase & more
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves in the premarket: Virgin Galactic, Callaway Golf, Palantir & moreThe stocks making the biggest moves in premarket trading include Virgin Galactic, Callaway Golf, Palantir, and more. The biggest advantage $BTC has over $ETH is that you don't have to trust Ethereum people. Learn more about $doge currency’s Bitcoin really does feel more decentralized, easier and safer to recommend in that sense. If I was a nation state I'd pick BTC to hoard. DM to know more. Thank you CNBC for pumping all these crap stocks I am looking for new, good friends
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Canada Goose, Bumble, Sonos & moreCheck out the companies making headlines in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »