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April 27, 2024

Spotify Stock Has 26% Upside, According to 1 Wall Street Analyst

Spotify Technology (NYSE: SPOT) reported strong earnings last week. Paying subscribers increased by 14%, monthly active users rose 19%, and revenue gained 20% year over year. Perhaps best of all, Spotify reported an operating profit for the quarter — only 4.6%, but still better than last year's negative margins. And free cash flow (FCF) roughly quadrupled to $207 million.

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April 27, 2024

Nvidia Owns a 3.4% Stake in This Innovative Artificial Intelligence (AI) Stock Cathie Wood Loves

Nvidia (NASDAQ: NVDA) isn't just a leader in developing the key hardware fueling the artificial intelligence (AI) boom. It's a big investor in other AI companies, often including an equity investment in its business relationships. In December, its portfolio of AI stocks surpassed the $100 million threshold, requiring it to file form 13-F with the SEC disclosing all of its holdings.

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