BrikoX@lemmy.zip to World News@lemmy.mlEnglish · 1 year agoSpotify raises premium subscription price for millionswww.bbc.co.ukexternal-linkmessage-square68fedilinkarrow-up1215arrow-down15
arrow-up1210arrow-down1external-linkSpotify raises premium subscription price for millionswww.bbc.co.ukBrikoX@lemmy.zip to World News@lemmy.mlEnglish · 1 year agomessage-square68fedilink
minus-squareredcalcium@lemmy.institutelinkfedilinkEnglisharrow-up14·edit-21 year 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.worldlinkfedilinkEnglisharrow-up2·1 year 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-down1·1 year 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.