This chapter discusses Spotify's impressive growth, margin efficiency, and the parallels between Spotify and Netflix. It also covers their change in approach to podcasting and focus on ad revenue over subscriptions.
Investors don’t want to wait for interest rate cuts.
(00:21) Ricky Mulvey and Asit Sharma discuss:
- Fed Chair Jerome Powell’s appearance on 60 Minutes, and market reaction.
- The commercial real estate risk for the central bank.
- Spotify’s strategy shift in podcasting.
- The audio company’s operating loss and big free cash flow number.
Plus, (17:02) Alison Southwick and Robert Brokamp discuss the rise of exchange traded products tracking Bitcoin.
Tickers discussed: SPOT, NFLX, HODL
Host: Ricky Mulvey
Guests: Asit Sharma, Alison Southwick, Robert Brokamp
Engineers: Dan Boyd, Rick Engdahl
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