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The Latest Breaking News from Justin Patterson

Spotify, IBD Stock Of The Day, Makes Bullish Move On Music Service Changes

Spotify is the IBD Stock Of The Day as investors respond positively to the streaming music leader improving its free and premium services.

Investors Business Daily

Google Tops $3 Trillion Market Cap As Gemini Takes Top Spot In Apple Store

Google stock surged to a record high amid news that Gemini last week became the No. 1 free app in the U.S. Apple Store, overtaking OpenAI's ChatGPT and Perplexity.

Investors Business Daily

Google Stock Roars Back After 'Government Folds Like Cheap Suit'

Wall Street's sentiment on Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) has turned sharply positive following Tuesday's long-anticipated ruling in the DOJ search antitrust case, with the decision largely favoring the company relative to investor expectations.

Benzinga

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Roku Delivers Strong Q2, Raises Guidance — Analysts Cheer, But Market Says Otherwise

Roku Inc (NASDAQ:ROKU) shares are down in early trading on Friday, despite the company reporting upbeat second-quarter results.

Benzinga

Meta's Q2 Results Turn Skeptics Into Believers As Capex Narrative Shifts

Following an exceptionally strong second-quarter earnings report and optimistic third-quarter guidance issued on Wednesday, Meta Platforms (NASDAQ:META) has seen a wave of positive reratings and increased price forecasts from prominent Wall Street analysts.

Benzinga

Spotify's Subscriber Boom Can't Hide Ad Woes: Analyst

Wall Street analysts rerated Spotify Technology (NYSE:SPOT) after the company’s quarterly results. The stock gained on Wednesday.

Benzinga

Roku Called 'Self-Help' Turnaround, Citing Profit Focus And New Ad Partners

Keybanc analyst Justin Patterson upgraded Roku (NASDAQ:ROKU) from Sector Weight to Overweight with a $115 price target on Wednesday.

Benzinga

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Should You Buy the Post-Earnings Rally in The Trade Desk Stock?

Trade Desk stock soared over 20% after reporting a strong Q1. Analysts believe TTD shares have significant further upside in 2025.

Barchart

Meta's Big AI Investments Could Face Test Of Ad Market Slowdown Amid Tariff Worries

Meta stock investors will be closely watching whether Facebook and Instagram can outperform a slowing ad market.

Investors Business Daily

Spotify 'Super Fans' Interested In High-End Tier

A new consumer survey shows high interest in a possible high-end service tier at audio streamer Spotify Technology. But Spotify stock dropped on Friday along with the broader market.

Investors Business Daily

Meta Stock Slides To Approach 3-Month Low Despite This AI Milestone

Meta stock slumped further despite news the Facebook parent's AI models had reached more than 1 billion downloads.

Investors Business Daily

Analyst Moves The Sticks For Netflix Stock Before NFL Games

Netflix stock scored a price-target hike on Tuesday ahead of the company's next big test for live programming — two NFL football games on Christmas Day.

Investors Business Daily

30 Analysts Have This To Say About DoorDash

30 analysts have expressed a variety of opinions on DoorDash (NASDAQ:DASH) over the past quarter, offering a diverse set of opinions from bullish to bearish.

Benzinga

Spotify Stock Gets Price-Target Hike On Revenue Growth, Profit Outlook

Music streamer Spotify Technology is in the "sweet spot" of growth and profitability, a Wall Street analyst says.

Investors Business Daily

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Investors Business Daily

Spotify, IBD Stock Of The Day, On Path To 1 Billion Users

Spotify Technology is on pace to reach 1 billion monthly active users worldwide by 2030, a Wall Street analyst says.

Investors Business Daily

Spotify Looks To Beef Up Audio Service With Videos

After conquering the streaming music market, Spotify is looking to broaden its subscription service with video.

Investors Business Daily

Spotify Stock Has Several Tailwinds, Analyst Says

A Wall Street analyst sees several tailwinds for Spotify stock in the second half of 2024. Spotify shares have stalled recently.

Investors Business Daily

Spotify, IBD Stock Of The Day, Holds Tight After Big Earnings Beat

Spotify Technology is the IBD Stock Of The Day as the streaming music leader hovers near a buy point after its upbeat second-quarter earnings report.

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Investors Business Daily

Netflix Stock Rises As Streaming Video Service Draws More Viewers

Netflix stock advanced on Friday following a report that showed higher subscriber engagement with the streaming video service's content.

Barchart

META Q1 Earnings Preview: Will Meta Platforms Go the Way of Tesla, or Netflix?

Meta Platforms will release its Q1 earnings after the bell today. Will the stock hit new record highs after the report, as it did after its previous earnings call - or plunge, like its FAANG peer Netflix?

Investors Business Daily

Netflix Stock Gets Price-Target Hikes As Outlook Brightens

Netflix stock received a pair of price-target increases on Wednesday ahead of the streaming video leader's fourth-quarter earnings report next week.

Fortune

Spotify faces the music after Daniel Ek wields the layoff axe—but is it smart cost-cutting or the beginning of a spiral?

Tight margins, fights with Big Tech, and an uncertain business model likely won’t be solved by the group’s cull of 1,500 workers.

Investors Business Daily

Uber Earnings Watch: International Sales, Lyft Competition, Ads Push

Uber stock has nearly doubled its value this year. Can third-quarter earnings keep the company in the fast lane?

Investors Business Daily

Wall Street Cheers Netflix Price Increases As Sign Of Strength

Netflix stock jumped Thursday on price increases and the video streamer's better-than-expected third-quarter results.

Zenger

Netflix Surges On Strong Q3 Results; KeyBanc Analyst Upgrades Rating

Analyst Justin Patterson raises price target by 47% on improved subscriber growth and increased earnings projections.

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