Tag Archives: strong

We’ve turned a new page on the calendar, Old Man ’20 is out the door, and there’s a feeling ‘21 is gonna be a good year – and so far, so good. The markets closed out 2020 with modest session gains to cap off larger annual gains. The S&P 500 rose 16% during the corona crisis year, while the NASDAQ, with its heavy tech representation, showed an impressive annual gain of nearly 43%. The advent of two viable COVID vaccines is fueling a surge in general optimism. Wall Street’s top… Source link

Investors are tuning into Spotify’s (SPOT) earnings day. Shares of the music streaming platform fell as much as 5% on Thursday as the company came up short on the bottom line amid investments in podcasts from stars such as media personality Joe Rogan and former first lady Michelle Obama, and ongoing enhancements to the business. Spotify CFO Paul Vogel told Yahoo Finance’s The First Trade he is pleased with how the quarter shook out. “The quarter was fantastic,” said Vogel. He added… Source link