Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
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Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
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Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
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Munich voted as Germany’s candidate to host Summer Olympic Games
Munich has been chosen as Germany's city to bid to host the Summer Olympic Games in 2036, 2040 or 2044, the German Olympic Committee (DOSB) voted on Saturday, as the country launched its latest attempt to land the world's biggest multi-sport event for the first time since 1972. Munich, the last German Summer Games host 54 years ago, was one of three original candidate cities for the vote, along with Cologne-Rhine-Ruhr and Berlin, but the capital pulled the plug two days before the vote fo
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Jamie Foxx Gets Candid About Becoming A Father Again at 58
Jamie Foxx is opening up about becoming a dad again at 58. Appearing on Jimmy Kimmel Live! on Tuesday, Kimmel mentioned that he has become a dad again. “I got a baby on the way … still got it,” Foxx shared. “About to be back in the drop-off line,” adding, “I wasn’t on the fence about it, but being 58 … you know what I’m saying?” He is the father of daughter Corinne with ex Connie Kline, and daughter Anelise with ex Kristin Grannis. During the interview, Foxx said that a conversation with Al
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Stephen Curry signs two-year, $116 Million contract extension with Golden State Warriors
The Golden State Warriors signed superstar point guard Stephen Curry to a two-year, $116 million contract extension on Friday that includes a 2028-2029 player option. Curry, 38, was set to make $62.5 million this upcoming season before becoming an unrestricted free agent. Unless he plans to play past the age of 40, Curry will officially finish a 20-year career with the Warriors. The deal falls $20 million less than what Curry was eligible for and will grant the Warriors a lot of space to spend
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Lionel Richie Hospitalised Again Due to Heart Issues Forcing Tour Cancellations
Lionel Richie has been hospitalized once again to address ongoing cardiac concerns, resulting in the cancellation of several upcoming performances. Sources familiar with the situation confirmed Tuesday that the “All Night Long” singer is currently receiving treatment for atrial fibrillation, a condition characterized by an irregular and often rapid heart rhythm. Medical professionals are reportedly treating the 77-year-old performer with an AFib ablation. This minimally invasive procedure is
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