Spotify’s losses kept growing last quarter, but investors cut the struggling giant some slack, while the IMF sweetened its global growth forecasts

Your Daily Brief For February 1st

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* [Good As Gold Says The IMF](https://app.finimize.com/content/Q29udGVudFBpZWNlOjU3MDY=/good-gold-says-imf)
* [A Record Scratch For Spotify](https://app.finimize.com/content/Q29udGVudFBpZWNlOjU3MDU=/record-scratch-spotify)

**Today's Insight**


* [Stocks Could Be Headed For A New Bull Market](https://app.finimize.com/content/Q29udGVudFBpZWNlOjU3MDM=/stocks-could-be-headed-new-bull-market)

**Your Brief Summary**

In today’s Daily Brief, we'll be looking at Spotify, which just released its latest quarterly results.

*"Spotify did a great job of adding users last quarter, but translating that into profit still proved too much. Mounting costs – many of which stemmed back to the pandemic – meant losses were around seven times higher than the year before."*

**Key takeaways:**


* Spotify’s losses kept growing last quarter as costs got out of hand
* The IMF upgraded its global growth forecasts 



Daily Brief

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Your Daily Brief For February 1st

Your Daily Brief For February 1st

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