Spotify forecasts third-quarter profit below estimates

Aug 4 : Spotify forecast third-quarter profit below Wall Street estimates on Tuesday, after the streaming giant reported slowing user growth in major markets of Europe and North America, driving shares around 5 per cent lower in premarket trading. The Swedish company has launched AI features like "Personal Podcasts" an

Net income climbed 48% from a year earlier to ¥809.4 billion in the three months ended June 30, exceeding analysts' ¥633.4 billion average estimate.