LYV News & Events

Live Nation stated in a post to its newsroom: "This summer, Spotify and Live Nation are launching Reserved by Spotify, a new ticket access program that gives top listeners reserved access to select shows from the artists they love most. Think about the songs that follow you through your day. The album you play on the commute. The artist you put on while cooking. The playlist that gets you through a workout. The music videos you watch, the songs you save, the tracks you send to friends. That kind of fandom is personal. Now, it can also become a new path to live. Reserved by Spotify connects the way fans listen every day with the shows they want to see most. For Spotify, it extends the fan relationship beyond the app. For Live Nation, it brings that passion into venues, amphitheaters, arenas and stadiums around the world. Together, Spotify and Live Nation are giving artists another way to reach some of their most engaged listeners, and giving fans another way to get closer to the live moments they care about most."

Spotify stated in a blog post: "Getting concert tickets today can feel like a race you're set up to lose... We think there's a better way. Introducing Reserved, a new experience for eligible Spotify Premium subscribers (ages 18+), starting in the U.S., with more markets to follow. With Reserved, Spotify will identify an artist's most dedicated fans and hold two tour tickets for them. No racing against thousands of other fans, no hunting for codes, just a reserved window to purchase before tickets are on sale to the general public. You show up for the artist, Spotify shows up for you. No added fees from Spotify, and more of an artist's truest fans will end up in the crowd where it matters most."

The major averages saw a broad advance following a report from Axios that the U.S. and Iran are nearing an agreement to end the war. Crude has gone from the primary headwind to a tailwind almost overnight, falling back below $100. Q1 growth is tracking near 25%-30%, one of the strongest rates since 2021, and estimates for the next 12 months are still being revised higher. AI remains the center of gravity, with AMD becoming the latest AI-linked supplier to post a strong print.1. STOCK NEWS:Disneyreportedand provided its outlook for FY26 and FY27AMDreportedand provided upbeat Q2 revenue guidanceCVS Healthprovided areport for Q1Uberreported, with gross bookings up 25% year-over-yearCorningand Nvidiaannounced a, with Nvidia getting a warrant to buy up to 15M Corning shares2. WALL STREET CALLS:AMDto Buy or equivalent ratings at Goldman Sachs, Bernstein and Seaport after its Q1 earnings beatPalantirto Buy at Argus amid accelerating revenue growthMonster Beverageto Buy at Rothschild & Co RedburnRedditto Accumulate from Buy at Phillip SecuritiesTransMedicsto Perform at Oppenheimer3. AROUND THE WEB:DeepSeek is nearing a $45B valuation amid investment talks, FT reportsSamsung'smarket cap surpasses $1T, Reuters reportsAppleis in a $250M settlement over its delayed "AI Siri," FT saysIAC'sBarry Diller said he would "absolutely" buy CNN, WSJ reportsPayPalplans to cut 20% of its staff in the next few years, WSJ says4. MOVERS:Oscar Healthrose after the company reported sharplyDaVitawas higher after providing anfor FY26 earnings per shareLive Nationgained after multiple analystson the stock following Q1 resultsFlutter Entertainmentwas lower afterthat FanDuel CEO Amy Howe has been oustedCriteofell after Wells Fargothe stock amid U.S. customer pressure5. EARNINGS/GUIDANCE:Kraft HeinzreportedJohnson Controlsprovided areportDeluxereportedAngireportedLumentumreportedINDEXES:The Dow rose 612.34, or 1.24%, to 49,910.59, the Nasdaq gained 512.82, or 2.02%, to 25,838.94, and the S&P 500 advanced 105.90, or 1.46%, to 7,365.12.