Sentiment Trading

Spotify’s shares surge 2% after a 1980s hit, ‘Never Gonna Give You Up’, becomes a surprise streaming sensation, driving growth and user engagement.

Spotify has seen a surge in user engagement, thanks to a 1980s hit song and a new partnership with United Airlines, solidifying its position as a leader in the music streaming industry.

Apple has launched a legal challenge against the European Union’s order to open its ecosystem to competitors, including Spotify, amid ongoing tensions over market access and competition.

Spotify Technology SA’s stock has shown resilience, rising 3% after missing Q1 expectations, with a market capitalization of $114.17 billion and a 450% increase in value over the past three years.