Spotify’s AI assistant links may help people find its music, but it missed profit and sales estimates and expects next-quarter sales below estimates. The reported misses outweigh a possible future gain.
Those links could help people discover Spotify, but the article gives no proof they have raised sales. The company also missed profit and sales estimates, and its next-quarter sales forecast fell short. The misses carry more weight than a possible future gain.
Meta’s Muse works with Spotify on personalized music discovery, but the article reports no change to Meta’s sales or costs. This story does not change Meta’s outlook.
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