Spotify shares dip again after earnings call; Meta reports its first ever quarterly decline of daily active users; Serko lowers expected revenue.

Recap

English - February 03, 2022 03:43 - 11 minutes - 15.8 MB - ★★★★★ - 2 ratings
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Previous Episode: Google Ad revenue a winner for Alphabet; General Motors: semiconductor drought to ease up; Mainfreight profit up on elevated volumes.

Next Episode: Amazon Q4 earnings mostly beat expectations; Snapchat daily active users up by 20 percent; the energy crisis and the world’s climate ambitions butt heads.

Serko (SKO) issues a trading update revising its revenue guidance due to Omicron. Spotify (SPOT) CEO Daniel Ek responds to recent controversy by saying the company has much work to do. Meta (FB) sees its fourth quarter profit decline.

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