On CNBC’s “Halftime Report Final Trades,” Malcolm Ethridge, managing companion at Capital Area Planning Group, stated it is a good time to purchase Spotify Technology S.A. (NYSE:SPOT) inventory.
Supporting his view, Spotify reported on Feb. 10 its fourth-quarter 2025 outcomes. The music and podcast streaming platform exceeded Wall Street expectations with quarterly earnings of $5.16 per share. The analyst consensus estimate was $2.95.
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NewEdge Wealth CEO Rob Sechan, in the meantime, named Broadcom Inc. (NASDAQ:AVGO) as his final trade.
Last week, the corporate reported robust quarterly outcomes pushed by surging demand for synthetic intelligence chips, prompting a number of Wall Street analysts to boost their value forecasts. The firm posted fiscal first-quarter income of $19.31 billion, up 29% 12 months over 12 months, whereas AI income jumped 106% to $8.4 billion.
Bill Baruch, founder & president of Blue Line Capital, picked AppLovin Corporation (NASDAQ:APP), which is again under the $500 degree.
Oppenheimer analyst Martin Yang, on March 5, maintained AppLovin with an Outperform score and lower the value goal from $740 to $660.
Joshua Brown, co-founder and CEO of Ritholtz Wealth Management, stated he stays lengthy on Uber Technologies, Inc. (NYSE:UBER), including that the inventory is “way too cheap.”
BTIG analyst Jake Fuller, on March 4, reiterated Uber with a Buy and maintained a $100 value goal.
Price Action:
- Broadcom shares fell 0.9% to shut at $342.58 on Tuesday.
- Spotify shares fell 2.7% to shut at $530.26 throughout the session.
- AppLovin shares dipped 7.7% to settle at $477.39 on Tuesday.
- Uber shares fell 2% to shut at $72.36.
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