Spotify (SPOT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Layoffs Won't Solve Spotify's Biggest Problem

06:20am, Tuesday, 24'th Jan 2023
The music streamer has no choice but to keep costs in check.
Spotify has become the latest company in the technology sphere to announce big job cuts, with 6% of the workforce to go in the coming months.
U.S. equities indexes posted gains on Jan. 23 to start off the the week, with a boost from tech stocks and strength in the semiconductor industry.
Shares of Spotify Technology SA (NYSE: SPOT) ended slightly up on Monday after the music streaming company revealed plans of lowering its global headcount by 6.0%. How many employees will be let go?
Daniel Ek would have been wise to display empathy and explain how cutting about 6% of Spotify employees would help strengthen the company as a whole.
Spotify became the latest tech company to lay off a portion of its employees, and its CEO commented on the the move.

Three-stock lunch: NVDA, SPOT, CRM

03:23pm, Monday, 23'rd Jan 2023
Ari Wald, head of technical analysis at Oppenheimer, joins 'Power Lunch' to discuss today's big market movers Nvidia, Spotify, and Salesforce on three stock lunch.
News that Spotify Technology S.A. SPOT will reduce its workforce by 6% gave institutions a reason to gap up about 4.5% on Monday to regain the 200-day simple moving average (SMA) as support.
Yahoo Finance's Jared Blikre and Dan Howley discuss the latest on tech layoffs.

Spotify to Axe 6% of Workers

11:00am, Monday, 23'rd Jan 2023
Spotify is making employee reductions amid a weakening economic outlook and lackluster demand from customers and advertisers.
Music streaming service becomes latest tech firm to announce cuts after pandemic overexpansion
Music streaming service Spotify is to reduce its workforce by 6%, following tech giants like Amazon, Google and Microsoft which all announced job cuts recently. “Change is the only constant,” said
Swedish music streaming giant Spotify said Monday it was cutting six percent of its roughly 10,000 employees in the latest cost-cutting announcement among technology companies.

Spotify to cut 6% of its workforce

10:12am, Monday, 23'rd Jan 2023
Yahoo Finance's Daniel Howley joins the Live show to discuss news that Spotify will cut 6% of its workforce in an effort to cut costs.
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