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Spotify forecasts weak profit as user growth slows in North America, Europe

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Spotify forecasts weak profit as user growth slows in North America, Europe
CTV News
CTV News12 mins ago
Spotify forecasts weak profit as user growth slows in North America, Europe
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 nearly4 per cent lower in premarket trading.
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
Nikkei Asia
Nikkei Asia3 hrs ago
Toyota raises full-year net profit forecast, helped by weak yen
AutomobilesRevised exchange rate assumption adds to $3bn boost for operating profit projectionToyota cars are displayed at the Bangkok International Motor Show in Bangkok, on March 23. (Photo by Ken Kobayashi)YURIKA YONEDAAugust 4, 2026 14:16 JSTUpdated on August 4, 2026 16:59 JSTTOKYO -- Toyota Motor announced on Tues
Toyota unveils ¥1 trillion share buyback and raises profit outlook
Rresilient hybrid demand and a weak yen have helped make up for rising costs, tariffs and supply disruptions.
Reuters
Reuters6 hrs ago
Toyota lifts annual forecast despite Q1 profit drop on weak China sales
Toyota lifts annual forecast despite Q1 profit drop on weak China sales  Reuters
Quartz
Quartz22 hrs ago
Tyson Foods is slashing its annual profit forecast as beef losses widen
The meatpacker now expects a beef operating loss of up to $650 million for fiscal 2026, up from a prior forecast of $500 million
MyJoyOnline
MyJoyOnline🏁 first to report1 days ago
ISSER questions slow pace of “Big Push” as construction growth remains weak
Presenting ISSER's review of the 2026 Mid-Year Budget, the Director of the Institute, Professor Robert Darko Osei, said the latest economic data suggest many of the flagship infrastructure projects are yet to translate into measurable economic activ