Spotify is one of the best examples of a company utilizing AI to make its products better and its users happier, and support its internal workings after mass layoffs (a -25% reduction in workforce).

Last quarter the company recorded record quarterly profit and a +19% YoY increase in monthly active users, counting 615 million globally.

Its stock is up nearly +55% YTD and +70% YoY.

But even Spotify acknowledges it will be difficult to continue growing at its previous pace, noting on its earnings call: "While we anticipate continuous robust growth going forward, 2023 was a truly standout year and should not be a based on expectation for every subsequent year."

The company also admitted it may have pulled back too much in its marketing spend, so expect higher costs in the second quarter.

We're also watching for a slowdown in usergrowth, alongside a dip in worldwide web traffic (-8.3% from last month).

Here's how we are playing SPOT earnings and what we're watching long-term...

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