Archive: November 4, 2025

Browsing through all stories published on November 4, 2025.

Uber’s Legal Expenses Dent Q3 Profit, Triggering 9% Stock Drop
Article

Uber’s Legal Expenses Dent Q3 Profit, Triggering 9% Stock Drop

Uber’s third-quarter operating profit fell short of expectations due to undisclosed legal and regulatory expenses, leading to a 9% drop in its share price. Despite strong growth in its ride-hailing and delivery segments, the unexpected costs overshadowed otherwise solid financial results. The company highlighted the success of its Uber One membership program and exceeded revenue and gross bookings forecasts, but investor concerns over legal liabilities weighed on market sentiment.

95News11/4/2025
Spotify Projects Strong Q4 Earnings Amid User Surge and Subscription Price Increases
Article

Spotify Projects Strong Q4 Earnings Amid User Surge and Subscription Price Increases

Spotify is forecasting fourth-quarter profits above analyst expectations, driven by strong user growth, recent subscription price hikes, and cost-cutting measures. The company expects operating income of €548 million ($566.2 million), marking a major turnaround after achieving its first annual profit. Spotify’s strategy includes expanding its global user base, optimizing marketing spend, and enhancing premium features like lossless audio. Shares rose over 5% following the announcement, signaling investor confidence in its profitability trajectory.

95News11/4/2025