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 […]
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Shares of Oatley Have Fallen More Than 9% Today

Shares of Oatley have fallen more than 9% today. Following a hedge fund accused the company of overstating its income and investors. These are misleading its sustainability claims. Spruce aim Capital has dismissed the oat milk trend being a “food craze” and accuses Oatly of varied accounting issues. “We think Oatly will sorely disappoint investors […]