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Latest reporting and analysis by Brigitte Kilback.
Spotify increased US subscription prices this week, making it the most expensive major music streaming service. Analyst Mark Mahaney estimates the hikes could boost annual revenue by nearly $1 billion.
Mizuho reaffirmed its Outperform rating on Primo Brands but lowered its target price to $24, citing macroeconomic uncertainties. JPMorgan also reduced its target to $21 while maintaining an Overweight rating, expecting support from reduced tariffs.
US stock futures rose Friday, led by tech, amid earnings reports and geopolitical tensions. Oil prices climbed while silver fell. Major indexes are set to finish the week lower despite Thursday's rally.
RBC Capital Markets and Bank of America Securities analysts have updated their outlooks on Coursera Inc., citing AI-driven growth potential and the company's global platform.
A woman describes her father's empty fridge and his reluctance to accept help as his $750 rent leaves little from his $1,000 disability check.
Goldman Sachs upgraded Crinetics Pharmaceuticals to Buy after trial data showed a 67% reduction in A4 for CAH. Citizens also reported positive early experience with Palsonify, supporting Q4 revenue.
Personal finance expert Dave Ramsey criticized widespread financial advice as misleading, citing historical inflation and income data to argue economic conditions are manageable.
Terns Pharmaceuticals saw analyst support with Truist and Mizuho reiterating buy ratings after Phase 1 data for its CML drug TERN-701 showed a 64% response rate, with shares up over 300% in three months.
Plains All American Pipeline has finalized two major deals, acquiring the EPIC Crude pipeline system and selling its Canadian NGL business, aiming to become a pure-play crude operator for more stable cash flows.