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Spotify Climbs to 300 Million Premium Subscribers
The Wall Street Journal13d agobullish
Spotify Climbs to 300 Million Premium Subscribers

Spotify Technology reached a milestone of 300 million premium subscribers in the second quarter while growing revenue by 14% in the period compared with a year earlier. Spotify added seven million premium subscribers in the second quarter, bringing its total to 300 million and beating the company’s prior guidance by one million. The Swedish audio streamer’s monthly active users grew by 12% year-over-year to 777 million, falling short of the company’s prior guidance by one million.

Samsung's retail investors seek extra shareholder meeting over buybacks, bonuses
Reuters13d agobullish
Samsung's retail investors seek extra shareholder meeting over buybacks, bonuses

South Korean retail shareholder platform ACT said on Tuesday it had launched a campaign to call an extraordinary ‌shareholders' meeting at Samsung Electronics, urging the chipmaker to buy back about $32 ‌billion worth of shares and set limits on performance bonuses. ACT said it would begin collecting electronic ​signatures from shareholders at 5 p.m. local time and seek support from the National Pension Service and domestic and overseas asset managers to meet the 3% ownership threshold required to call the meeting. The move comes after Samsung shares lost over ‌one third of their value ⁠since hitting record-highs in June, despite the artificial intelligence boom.

BP profit soars as Mideast war roils energy prices
AFP13d agobullish
BP profit soars as Mideast war roils energy prices

British energy giant BP said Tuesday that its net profit more than doubled in the second quarter as the Middle East war roiled oil and gas markets.Energy majors around the globe are enjoying soaring profits from their trades as oil and gas futures swing between big gains and losses on the latest headlines linked to the Mideast war. 

Bloomberg13d agobullish
BP’s Profit Surges as Oil Trading and Refining Boom During War

(Bloomberg) -- BP Plc posted its strongest quarterly profit in more than four years as its refining and trading businesses boomed during the Iran war. Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallApple’s New CEO Taps Retired Hardware Executive for Management TeamS&P 500 Closes Near Record High on US-Iran Hopes: Markets WrapMamdani Dismisses Business Leaders Advising NYC’s Mayor’s FundAdjusted net incom

Circle Heads Into Q2 Earnings Amid Rising Short Interest—Can CRCL Prove the Bears Wrong and Deliver Another Surprise Beat?
Benzinga13d agobullish
Circle Heads Into Q2 Earnings Amid Rising Short Interest—Can CRCL Prove the Bears Wrong and Deliver Another Surprise Beat?

Circle Internet Group Inc. (NYSE:CRCL) will report earnings for the second quarter before the opening bell on Wednesday. Here is a pre-earnings look at the stablecoin issuer and its stock. Will Circle Beat Earnings Again? Analysts estimate Circle to report earnings per share of $0.19, compared to a loss of $0.43 in the same quarter last year. The issuer of the world’s second-largest stablecoin by market capitalization, USDC (CRYPTO: USDC), is also expected to report revenue of $734.70 million, u

Palantir Stock Soars Nearly 15% After Hours as Company 'Smoked Expectations' on Earnings, but Jim Cramer Questions if 'Old Days' Still Viable
Benzinga13d agobullish
Palantir Stock Soars Nearly 15% After Hours as Company 'Smoked Expectations' on Earnings, but Jim Cramer Questions if 'Old Days' Still Viable

On Monday, Palantir Technologies, Inc. (NASDAQ:PLTR) shares surged nearly 15% in after-hours trading as Wall Street commentators praised the AI software company’s blowout second-quarter results and raised outlook. Jim Cramer, Analysts React to Palantir’s Blowout Quarter CNBC’s Jim Cramer took to X and reacted to Palantir’s post-earnings rally on X, saying buyers were "walking up Palantir like the old days," before asking, "But are the old days still viable?" After market buyers walking up Palant

Buffett's AI concerns clash with Berkshire's Alphabet buy
TheStreet13d agobullish
Buffett's AI concerns clash with Berkshire's Alphabet buy

Warren Buffett rarely calls his own investments mistakes. He rarely doubles down on ones he still questions. In a July CNBC interview, he did both at once. Buffett confirmed he personally started Berkshire's Alphabet position, confessed he should have bought years earlier, and flagged the enormous ...

Tesla stock surges as super bull turns slightly more bearish
TheStreet13d agobullish
Tesla stock surges as super bull turns slightly more bearish

Tesla shares experienced a resurgence on Monday, Aug. 3, as investors accelerated last week's post-earnings rally. But analysts at Stifel Nicolaus, one of the biggest Tesla bulls on Wall Street, are going the opposite way. Since they dipped slightly below the stock's support level at $300, shares ...

Palantir delivers Q2 beat, lifts full-year guidance
Yahoo Finance Video13d agobullishVIDEO
Palantir delivers Q2 beat, lifts full-year guidance

Market Domination Overtime Host Josh Lipton breaks down Palantir's (PLTR) second-quarter earnings, highlighting across-the-board beats and a stronger full-year guidance outlook as the AI software company continues to exceed Wall Street expectations.