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Wall Street opens lower as tech stocks lag

Wall Street: The New York Stock Exchange opened lower on Friday, hurt by disappointing announcements from Apple and Amazon, which illustrate the effects of supply chain tensions on companies. The Dow Jones Industrial Average opened flat at 35,740.28 points. Standard & Poor’s 500 is down 0.28% at 4,583.54 points, while Nasdaq Composite is down 0.51% […]
Economy News Shares

Spotify posted strong performance in Q3

Spotify, the world’s leading music streaming service, reported its third-quarter results on Wednesday. Displaying a strong performance, the company recorded its sixth net profit. Despite its success in the online music market, Spotify has yet to post a full-year profit since going public in 2018. This is the company’s sixth net profit since going public […]