Spotify to lay off 17% of employees — read the full memo CEO Daniel Ek sent to staff

[ad_1] It comes after Spotify reported a 65 million euros ($70.7 million) profit in the third quarter, citing lower spend on marketing and personnel. Spotify raised prices of its subscription…

European stocks open mixed as investors assess global data, earnings

[ad_1] 59 Mins Ago CNBC Pro: Worried about a slowdown? One asset management firm shares a way to hedge — and names 10 global stocks High-yielding stocks have been doing…

European stocks lower as earnings roll in; Siemens Energy plunges 34%; ECB holds rates

[ad_1] An Hour Ago Dollar index hits highest level in more than 2 weeks The U.S. dollar index hit a high not seen in more than two weeks on Thursday…

European stocks set to open lower amid earnings; Deutsche Bank beats estimates

[ad_1] European stocks set to open lower amid earnings; Deutsche Bank beats estimates  CNBC [ad_2] Source link

Spotify stock jumps 10% as cost-cutting boosts streamer to first quarterly profit in a year

[ad_1] Spotify shares closed 10% higher on Tuesday after the company reported a surprise profit for the third quarter — its first quarterly profit in a year and a half…

European markets mixed after euro zone economic data; Barclays down 6%

[ad_1] UniCredit CEO explains why it raised its 2023 guidance Andrea Orcel, CEO UniCredit, discusses the company’s third-quarter earnings and explains why it raised its guidance. World’s largest sovereign wealth…

European markets head for lower open ahead of euro zone economic data

[ad_1] 5 Hours Ago CNBC Pro: AI, weight loss drugs and more: Portfolio manager names stocks to play ‘new secular growth themes’ Markets may be facing “unusual amount” of uncertainty…

Stock futures inch higher as investors await tech earnings: Live updates

[ad_1] An Hour Ago The broader market is approaching an earnings growth inflection, according to Citi Citi thinks the S&P 500 is on the cusp of an earnings growth inflection,…

How Israel’s tech community is responding to the Israel-Hamas war

[ad_1] Israeli soldiers on a tank are seen near the Israel-Gaza border.  Ilia Yefimovich | Picture Alliance | Getty Images On Saturday, Dvir Ben-Aroya woke up expecting to go on…

Amazon shuts down Amp live audio service

[ad_1] Amp, a live audio app that lets users DJ their own show, is seen on a smartphone. Amazon Amazon is shutting down its live audio service, called Amp, the…