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Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs

Source: marketbeat.com

Corporate EarningsMedia & EntertainmentCompany Fundamentals
Spotify Soars After Earnings as the Company Touts AI Benefits and Moderating Costs

Spotify shares rose 11% after its latest earnings report, ending a two-quarter streak of post-earnings declines. It was the stock’s largest single-day gain since May, leaving shares roughly flat for the year.

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