Spotify Technology Stock News

All valuations—whether in stocks, real estate, or any business that generates cash flow—are ultimately based on expectations for future growth. Understanding that simple truth helps investors avoid one of the most common mistakes in the market: judging valuations based on opinion rather than on what the data and price action are signaling.

Buying and holding shares of quality growth stocks is the easiest and most efficient way for most people to build wealth. Focusing on the fundamentals that make a business great is far more important than how its stock performs in the near term.

Shares of music streaming specialist Spotify Technology (SPOT -0.07%) have been on fire, and the stock is up 52% this year. However, some might argue that after this strong run, it's best to stay away from it.

The best growth stocks are often those companies that continue to release more and better products over time. This is the basic formula that fuels more growth for the business and higher share prices over time.

The AI startup launches a new feature to make apps, including Figma and Spotify, available in ChatGPT

OpenAI touted new partnerships to incorporate its AI products across diverse industries at its developer conference on Monday, aiming to drive the strong momentum it has enjoyed among consumers to its enterprise business.

Spotify (SPOT 0.59%) just reshuffled its executive suite. Co-founder Daniel Ek stepped down from his longtime CEO position, under pressure from several big-name musicians.

When Daniel Ek founded Spotify in 2006, a viable music product was a "moon shot." The global music industry was struggling with years of declining sales, online music piracy was rampant, and services like Apple's iTunes were pricey.