All articles tagged with #spot
ICE plans to deploy Boston Dynamics' Spot robot dogs in its mass deportation operations, ordering $2 million in units for tasks unsafe for humans—such as hazardous gas detection, search and rescue, and investigations of suspicious packages—aimed at keeping agents safer; Boston Dynamics notes the robots are for safety and cannot be weaponized, and the Secret Service also uses the technology.
Spotify beat Q1 revenue (€4.53B, +14% y/y) and adjusted EPS (€3.45) with record profitability and user growth (MAUs 761M, Premium 293M), but issued a softer Q2 outlook (€630M operating income; six million more Premium subs to 299M) prompting a roughly 14% drop in SPOT as investors priced in slower revenue growth and higher spend on products/AI.
Spotify’s shares fell about 12% after hours after the company missed analyst expectations on its subscriber outlook, signaling weaker-than-anticipated user growth; the stock traded around $434.20, down from a prior close around $495.82.
Europe's inflation rate has increased more than expected, driven by tariffs affecting companies like SPOT, Deutsche Bank, and SAP, indicating rising costs and economic pressures in the region.