The New York Stock Exchange (NYSE) released its pre-market update on May 22, 2026, highlighting key market events. The U.S. government announced a $2 billion investment into nine quantum computing firms, signaling strong support for advanced technology development. Spotify's shares surged 13% following positive guidance and a new AI partnership with Universal Music Group. The S&P 500 aims for its eighth consecutive weekly gain amid a new phase for the Federal Reserve. These developments indicate growing investor optimism in tech and market stability.
Spotify Technology SA is forecasted to deliver steady second-quarter results, with Jefferies maintaining a positive long-term outlook and a $600 price target. The investment bank expects gross margins around 33.1%, revenue growth of 15% year-over-yea...
Spotify has extended its "Managed Accounts" feature, allowing parents to control their children's music listening, to its free tier in the U.S., U.K., Australia, France, Germany, and the Netherlands. Previously available only to paid subscribers, thi...
Spotify has introduced a new AI-powered chat feature for Premium users in the U.S., Ireland, and Sweden, allowing interactive conversations to select music, podcasts, or audiobooks. Available on iOS and Android for users 18+, the beta release lets us...
