![]() ![]() At its recent intraday low at the start of last week, the S&P was down by 11.40% so far this year, but by Wednesday's close it had recovered to show a loss of just 3.71%. The second context is a future of AI-generated content I discussed in DALL-E. The music-streaming service, recently involved in a COVID-19 misinformation row over Joe Rogan's podcast, forecast monthly active users of 418 million in the first quarter, below the average 418.2 million analysts expected.īefore the corporate tech bellwethers reported on Wednesday, the S&P 500 had notched a four-day rally, helped by better-than-expected results from Google parent Alphabet. This suggests a possible upside of 106.5 from the stock's current price. On average, they predict the company's stock price to reach 181.76 in the next twelve months. ![]() Their SPOT share price forecasts range from 110.00 to 300.00. Commodities & Futures: Futures prices are delayed. 25 equities research analysts have issued 1 year price objectives for Spotify Technology's shares. ![]() Meanwhile, Spotify fell 9% in pre-market trading to $174.42 after saying it would no longer provide annual guidance. Spotify (NYSE:SPOT) stock has had a bumpy year so far, falling 40 since January. View real-time SPOT stock price and news, along with industry-best analysis. "The shares were hit hard by a combination of extraordinary expenses associated with building the metaverse, along with what appears to be stagnating growth in the user base," Deutsche Bank analysts said. If Meta's over 20% drop carries on into regular market hours on Thursday, the company stands to lose $200 billion in value from its total market capitalization of around $890 billion at Wednesday's close. ![]()
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