Investing.com -- Spotify paid out more than $11 billion to the music industry in 2025, marking the largest annual payment to music from a retailer in history, the company announced Wednesday. The Swedish streaming platform revealed in a blog post that its payouts grew by more than 10% compared to 2024. Independent artists and labels received half of all royalties distributed. Spotify has been focu...
Investing.com -- Spotify paid out more than $11 billion to the music industry in 2025, marking the largest annual payment to music from a retailer in history, the company announced Wednesday. The Swedish streaming platform revealed in a blog post that its payouts grew by more than 10% compared to 2024. Independent artists and labels received half of all royalties distributed. Spotify has been focusing on retaining existing artists and attracting new ones to its platform as it competes with major rivals like YouTube and Apple in the music-streaming market. By comparison, YouTube reported in October that it had paid more than $8 billion to the music industry during the 12-month period from July 2024 to June 2025. "Since Spotify pays out two-thirds of all music revenue to the industry – almost 70% of what we take in – as Spotify revenues grow, music payouts have grown as well," the company stated in its blog post. The streaming service said it reinvests its remaining revenue into the platform to expand various content formats including podcasts, videos and audiobooks. Spotify recently increased prices for its premium subscription plans across several markets to boost profits and leverage its large user base for growth. The company reported 713 million monthly active users at the end of the third quarter. Related articles Spotify pays out record $11 billion to music industry in 2025 HSBC raises silver price forecasts as market tightness persists Morgan Stanley CIO survey: Why AI hype isn’t boosting 2026 IT budgets
"He was constantly unwell as a baby. We were always calling the doctors," she said. "One day 111 asked us to check for a rash – and that's when everything changed."
"He was constantly unwell as a baby. We were always calling the doctors," she said. "One day 111 asked us to check for a rash – and that's when everything changed."
Justin Paget/DigitalVision via Getty Images Nextpower ( NXT ) +13.5% in early trading Wednesday after the solar equipment company reported better-than-expected FQ3 adjusted earnings and revenues and raised its earnings guidance for the full year, beating Wall Street consensus. Q3 gross profit jumped 20% Y/Y to $288M, operating income increased 17% to $176M, adjusted EBITDA improved 15% to $295M, a...
Justin Paget/DigitalVision via Getty Images Nextpower ( NXT ) +13.5% in early trading Wednesday after the solar equipment company reported better-than-expected FQ3 adjusted earnings and revenues and raised its earnings guidance for the full year, beating Wall Street consensus. Q3 gross profit jumped 20% Y/Y to $288M, operating income increased 17% to $176M, adjusted EBITDA improved 15% to $295M, and revenues rose 34% to $909M, as the company cited strong demand across its business lines and a record backlog. "The demand environment remains robust in the U.S. and other global markets, and we're very excited about the potential of our new joint venture Nextpower Arabia for the MENA region," Nextpower ( NXT ) CEO Dan Shugar said, referring to a new order for its Saudi joint venture, Nextpower Arabia, to supply 2.25 GW of solar tracking systems for the Bisha solar project in Saudi Arabia. Nextpower ( NXT ) raised guidance for FY 2026 adjusted EPS to $4.26-$4.36 from its prior outlook of $4.04-$4.25 and ahead of $4.25 FactSet consensus, revenues to $3.43B-$3.5B from $3.28B-$3.48B previously and in line with $3.45B FactSet consensus, and adjusted EBITDA to $810M-$830M from $775M-$815M . KeyBanc upgraded Nextpower ( NXT ) to Overweight from Sector Weight with a $142 price target, citing "increasingly visible multi-year growth drivers and a platform that is broadening beyond traditional trackers." "The growing depth of the portfolio along the least commoditized products in the solar BOS value chain should allow NXT to maintain its competitive positioning and margins," KeyBanc analyst Sophie Karp said, also liking Nextpower's ( NXT ) "debt-free balance sheet, which offers attractive optionality, and growing cash balances, which the company is now free to deploy to opportunistically buy back shares." More on Nextpower Nextpower Q3 2026 Earnings Call Transcript Defending Nextpower's Premium Nextpower: Going Beyond Trackers, Risks, And The Potential Rewards
Updated Jan. 28, 2026, 9:57 a.m. ET Amazon is cutting 16,000 jobs across the company, the online retail giant announced in a memo to employees on Wednesday, Jan. 28. The company said it was making organizational changes as part of its goal to "reduce layers, increase ownership, and remove bureaucracy," a plan introduced in October. While several of Amazon's departments finalized their changes and ...
Updated Jan. 28, 2026, 9:57 a.m. ET Amazon is cutting 16,000 jobs across the company, the online retail giant announced in a memo to employees on Wednesday, Jan. 28. The company said it was making organizational changes as part of its goal to "reduce layers, increase ownership, and remove bureaucracy," a plan introduced in October. While several of Amazon's departments finalized their changes and laid off roughly 14,000 employees last fall, "other teams did not complete that work until now," according to Beth Galetti, the company's senior vice president of people experience and technology. The 16,000 job cuts announced Jan. 28 are additional to last year’s layoffs, a spokesperson confirmed. The Seattle-based online retailer is "working hard" to support the affected employees, Galetti said in the memo. "While we’re making these changes, we’ll also continue hiring and investing in strategic areas and functions that are critical to our future," Galetti said. "We’re still in the early stages of building every one of our businesses and there’s significant opportunity ahead." The announcement comes a day after Amazon said it would close all physical Amazon Go and Amazon Fresh stores, and instead prioritize its Whole Foods grocery stores. Here's what to know about the Amazon layoffs. Which Amazon employees will be laid off? Any workers in MA? Amazon did not specify which teams and locations will be affected by the job cuts. But as of Wednesday, Jan. 28, no Worker Adjustment and Retraining Notification (WARN) notices related to the layoffs had been posted in Massachusetts. A WARN filing is required when a worksite closing or mass layoffs affect at least 50 employees and a third of the site's total workforce. There are several Amazon warehouses and fulfillment centers in Massachusetts, in cities such as Fall River and Medford. The Bay State has no Amazon Fresh or Amazon Go locations. A company spokesperson deferred to Galetti's memo when asked for additional details. What Am...
Jannik Sinner is under no illusion about the difficulty of his semi-final meeting with Novak Djokovic after defeating Ben Shelton on Wednesday. “It’s one of the toughest challenges we have in our sport,” he said. “It’s great to have Novak playing at this very, very high level. It’s a grand slam, it’s always very difficult against Novak. Let’s see what’s coming.” Sinner’s 6-3, 6-4, 6-4 quarter-fina...
Jannik Sinner is under no illusion about the difficulty of his semi-final meeting with Novak Djokovic after defeating Ben Shelton on Wednesday. “It’s one of the toughest challenges we have in our sport,” he said. “It’s great to have Novak playing at this very, very high level. It’s a grand slam, it’s always very difficult against Novak. Let’s see what’s coming.” Sinner’s 6-3, 6-4, 6-4 quarter-final victory over the seventh seed extended his commanding record against Shelton to 9-1, with Sinner winning 22 consecutive sets since the 23-year-old American won their first meeting. Such dominance over one of the best young players indicates just how far ahead Sinner and Carlos Alcaraz are of the rest of the field. Since a brief hiccup in his third-round match against Eliot Spizzirri when he suffered from cramps in hot conditions, Sinner has not put a foot wrong. The second seed’s stratospheric level marks a stark contrast to Djokovic’s, who was trailing by two sets against the fifth seed, Lorenzo Musetti, before the Italian was forced to retire at 6-4, 6-3, 1-3 due to a thigh injury. Sinner has not lost to Djokovic since saving triple match point in their 2024 Davis Cup semi-final, winning five matches in a row and clinching their past three meetings in straight sets: “I lost to him I think four or five in a row” said Djokovic. “He’s just playing on such a high level right now, along with Carlos. They’re the two best players in the world.” “Hopefully I can deliver my A-game for that matchup, because that’s what’s going to be needed to have a chance. I wasn’t playing close to my best today, so I’m going to have to change that.” View image in fullscreen Ben Shelton has lost his past nine matches against Jannik Sinner. Photograph: Fred Lee/Getty Images The victory extended a number of records for Sinner. He is the fifth player in the open era to reach six consecutive grand slam semi-finals and the 24-year-old is on a 20-match winning streak, the second-longest of his career....
The rise of artificial intelligence (AI) has only strengthened this tech powerhouse. The arrival of OpenAI's ChatGPT in November 2022 flung open the floodgates to the current global fervor over artificial intelligence (AI). The new technology was so astounding that some predicted OpenAI would spell doom for Alphabet (GOOGL +0.41%)(GOOG +0.44%) and its Google search engine business. In fact, Google...
The rise of artificial intelligence (AI) has only strengthened this tech powerhouse. The arrival of OpenAI's ChatGPT in November 2022 flung open the floodgates to the current global fervor over artificial intelligence (AI). The new technology was so astounding that some predicted OpenAI would spell doom for Alphabet (GOOGL +0.41%)(GOOG +0.44%) and its Google search engine business. In fact, Google was declared an illegal monopoly, but the judge presiding over the case, Amit Mehta, didn't dispense harsh penalties, explaining "The emergence of GenAI changed the course of this case." He saw AI offering consumers new ways to find information online, reducing Google's sway. Three years after ChatGPT's debut, predictions about Google's decline have failed to materialize. While OpenAI continues to bleed money, Google is proving why it's a must-own stock in the AI era. AI's boost to Google Google not only remains the search leader, it looks stronger than ever -- thanks to AI. According to Alphabet CEO Sundar Pichai, "AI is driving an expansionary moment for Search. As people learn what they can do with our new AI experiences, they are increasingly coming back to search more." This can be seen in Google's search engine market share, which remained strong in 2025, ticking up to 90.8% in December from 89.7% the prior year. Competitor Microsoft folded OpenAI's tech into its search engine to challenge Google's dominance. But Microsoft's search market share of 4% remains well below its rival's. Google's AI capabilities are solidifying its internet dominance, a fact underscored by the precipitous decline in traffic it sends to other websites. This suggests users are getting the AI-generated answers they need directly on Google and then leaving. The behavioral shift left many website publishers reeling, with some seeing site traffic plunge a whopping 40%. Alphabet's AI advantages AI has not blunted Alphabet's revenue. In actuality, the opposite is happening. In the third quarter of...
Key Points After ChatGPT's debut, OpenAI was expected to threaten Google's search engine dominance. OpenAI's business remains unprofitable, and it's failed to make a meaningful dent in Google's lead. Alphabet's artificial intelligence (AI) efforts are bearing fruit, and the company is poised for years of growth ahead. 10 stocks we like better than Alphabet › The arrival of OpenAI's ChatGPT in Nove...
Key Points After ChatGPT's debut, OpenAI was expected to threaten Google's search engine dominance. OpenAI's business remains unprofitable, and it's failed to make a meaningful dent in Google's lead. Alphabet's artificial intelligence (AI) efforts are bearing fruit, and the company is poised for years of growth ahead. 10 stocks we like better than Alphabet › The arrival of OpenAI's ChatGPT in November 2022 flung open the floodgates to the current global fervor over artificial intelligence (AI). The new technology was so astounding that some predicted OpenAI would spell doom for Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) and its Google search engine business. In fact, Google was declared an illegal monopoly, but the judge presiding over the case, Amit Mehta, didn't dispense harsh penalties, explaining "The emergence of GenAI changed the course of this case." He saw AI offering consumers new ways to find information online, reducing Google's sway. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Three years after ChatGPT's debut, predictions about Google's decline have failed to materialize. While OpenAI continues to bleed money, Google is proving why it's a must-own stock in the AI era. AI's boost to Google Google not only remains the search leader, it looks stronger than ever -- thanks to AI. According to Alphabet CEO Sundar Pichai, "AI is driving an expansionary moment for Search. As people learn what they can do with our new AI experiences, they are increasingly coming back to search more." This can be seen in Google's search engine market share, which remained strong in 2025, ticking up to 90.8% in December from 89.7% the prior year. Competitor Microsoft folded OpenAI's tech into its search engine to challenge Google's dominance. But Microsoft's search market share of 4% remains well below its rival's. Google's AI capabilities are solidifying its internet dominance, a fact underscor...
Alphinity Investment Management Pty Ltd has added 768,163 shares of $AAPL to their portfolio, per a new SEC 13F filing. This disclosure reflects the funds' holdings for the 12-31-2025 report period. You can see the fund's full portfolio on Quiver Quantitative, and also track the largest institutional owners of $AAPL. APPLE Hedge Fund Activity We have seen 2,290 institutional investors add shares o...
Alphinity Investment Management Pty Ltd has added 768,163 shares of $AAPL to their portfolio, per a new SEC 13F filing. This disclosure reflects the funds' holdings for the 12-31-2025 report period. You can see the fund's full portfolio on Quiver Quantitative, and also track the largest institutional owners of $AAPL. APPLE Hedge Fund Activity We have seen 2,290 institutional investors add shares of APPLE stock to their portfolio, and 2,955 decrease their positions in their most recent quarter. Here are some of the largest recent moves: To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. Receive $AAPL Data Alerts Sign Up APPLE Insider Trading Activity APPLE insiders have traded $AAPL stock on the open market 17 times in the past 6 months. Of those trades, 0 have been purchases and 17 have been sales. Here’s a breakdown of recent trading of $AAPL stock by insiders over the last 6 months: TIMOTHY D COOK (Chief Executive Officer) has made 0 purchases and 4 sales selling 129,963 shares for an estimated $33,375,723 . . ARTHUR D LEVINSON sold 90,000 shares for an estimated $20,886,300 DEIRDRE O'BRIEN (Senior Vice President) has made 0 purchases and 3 sales selling 77,834 shares for an estimated $18,843,125 . . KATHERINE L. ADAMS (SVP, GC and Secretary) has made 0 purchases and 4 sales selling 47,125 shares for an estimated $12,101,153 . . KEVAN PAREKH (Senior Vice President, CFO) has made 0 purchases and 4 sales selling 4,199 shares for an estimated $1,038,787 . . CHRIS KONDO (Principal Accounting Officer) sold 3,752 shares for an estimated $1,017,654 To track insider transactions, check out Quiver Quantitative's insider trading dashboard. APPLE Government Contracts We have seen $7,470 of award payments to $AAPL over the last year. Here are some of the awards which we have have seen pay out the most over the last year: To track government contracts to publicy traded companies, check out Quiver Quantitative's government ...
The S&P 500 opened above 7000 for the first time on Wednesday, as technology stocks led the pack ahead of a wave of Big Tech earnings. The S&P 500 was up 0.3% and set an intraday record of 7002.28. The Nasdaq Composite was up 0.6%.
The S&P 500 opened above 7000 for the first time on Wednesday, as technology stocks led the pack ahead of a wave of Big Tech earnings. The S&P 500 was up 0.3% and set an intraday record of 7002.28. The Nasdaq Composite was up 0.6%.
is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. Apple will try to avoid raising iPhone 18 prices “as much as possible” in the face of a global memory shortage, according to a report from supply chain analyst Ming...
is a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO. Posts from this author will be added to your daily email digest and your homepage feed. Apple will try to avoid raising iPhone 18 prices “as much as possible” in the face of a global memory shortage, according to a report from supply chain analyst Ming-Chi Kuo. According to Kuo, Apple plans to “absorb the costs” of rising RAM prices, while at least keeping the iPhone 18’s starting price steady. Kuo reports that Apple is now negotiating iPhone memory prices with suppliers every quarter, instead of every six months, and that he expects the company to face another price increase during its next round of discussions. The company plans to make up for the rising costs with its services business, which includes subscriptions to apps like Apple Music, iCloud, Apple TV, and others. Kuo also points out that Apple may not just be dealing with a memory crunch, as other non-RAM components are running low due to suppliers prioritizing the booming AI business. Glass cloth, which several companies like Apple, Nvidia, AMD, and Qualcomm, use on printed circuit boards, is facing a bottleneck as AI companies buy up the same resource.
BRC Group Holdings ( RILY ) on Wednesday announced a Nasdaq letter confirming that it has regained compliance with the stock exchange's periodic filing rule. On November 28, the former B. Riley Financial had announced an expected Nasdaq delinquency notice over non-compliance with the listing rule on a delay in filing of financial results. Shares were +1.50% pre-market to $9.49. Additionally, Nasda...
BRC Group Holdings ( RILY ) on Wednesday announced a Nasdaq letter confirming that it has regained compliance with the stock exchange's periodic filing rule. On November 28, the former B. Riley Financial had announced an expected Nasdaq delinquency notice over non-compliance with the listing rule on a delay in filing of financial results. Shares were +1.50% pre-market to $9.49. Additionally, Nasdaq indicated that it had imposed a "Mandatory Panel Monitor" for a period of one year. If the company fails to timely satisfy the periodic filing rule during the one-year period, it will not be given the opportunity to provide a compliance plan. More on BRC Group Holdings BRC Group Holdings: Strong Quarter And Favorable Outlook But Concerns Remain B. Riley Financial: AI-Related Tailwinds Should Help Refinancing Efforts - Hold B. Riley Financial: Bought Time, Not A Turnaround B. Riley swings to profit in overdue Q2 report; stock jumps