BrikoX@lemmy.zip to World News@lemmy.mlEnglish · 11 months agoSpotify raises premium subscription price for millionswww.bbc.co.ukexternal-linkmessage-square68fedilinkarrow-up1201arrow-down16cross-posted to: news@lemmy.world
arrow-up1195arrow-down1external-linkSpotify raises premium subscription price for millionswww.bbc.co.ukBrikoX@lemmy.zip to World News@lemmy.mlEnglish · 11 months agomessage-square68fedilinkcross-posted to: news@lemmy.world
minus-squareredcalcium@lemmy.institutelinkfedilinkEnglisharrow-up13·edit-211 months agoA good overview: https://fortune.com/2022/12/28/investing-outlook-2023-fed-interest-rates-stocks-inflation-cheap-money-era/amp/ It’s been the talk since quite some time ago and it’s finally here. The keyword is “the end of cheap money” if you want to Google some more.
minus-squareKingkhan@lemmy.worldcakelinkfedilinkEnglisharrow-up2·11 months agoWhat kind of effect would this have the share prices? I guess for Spotify a $1 isn’t super crazy for people to accept, you’d think it’d rise?
minus-squareredcalcium@lemmy.institutelinkfedilinkEnglisharrow-up4arrow-down1·11 months agoAt the very least, profitable companies can maintain their valuation. Unlike, say, Twitter valuation which dropped to a third of what Musk pay for because it’s losing even more money after the takeover.
A good overview: https://fortune.com/2022/12/28/investing-outlook-2023-fed-interest-rates-stocks-inflation-cheap-money-era/amp/
It’s been the talk since quite some time ago and it’s finally here.
The keyword is “the end of cheap money” if you want to Google some more.
What kind of effect would this have the share prices? I guess for Spotify a $1 isn’t super crazy for people to accept, you’d think it’d rise?
At the very least, profitable companies can maintain their valuation. Unlike, say, Twitter valuation which dropped to a third of what Musk pay for because it’s losing even more money after the takeover.