Tech Review | YouTube Targets Apple $AAPL Music and Spotify $SPOT

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Tech Review (TR 2018-04-07)--Domain Mondo's weekly review of tech news with commentary, analysis and opinion: Features • 1) YouTube Targets Apple $AAPL Music and Spotify $SPOT, 2) But Will Music Streaming Ever Be Profitable?, 3) Investing: The Week, Investing Notes, 4) ICYMI Tech News.

1) YouTube Targets Apple $AAPL Music and Spotify $SPOT 

Bloomberg.com video published Mar 23, 2018: YouTube is about to launch a paid music subscription service. It's trying to steal listeners from Apple Music $AAPL and Spotify $SPOT, which went public this week: Spotify’s direct listing allowed investors and employees sell up to 55.7 million ordinary shares without the company raising new capital or hiring a Wall Street bank or broker to underwrite the offering--Digging Into The Spotify IPO - Spotify (Pending:SPOT) | SeekingAlpha.com"founders Daniel Ek and Martin Lorentzon own 37.3% and 43.1% of the combined voting power, respectively, meaning shareholders will not have influence on the major decisions of the company."  See https://www.nyse.com/quote/XNYS:SPOT (Spotify share price).

2) But Will Music Streaming Ever Be Profitable? Google $GOOG $GOOGL and Apple $AAPL may not care since the former is mainly trying to sell advertising while the latter is capturing market share for its devices and content channels. Amazon $AMZN likewise may be willing to break even. That may leave other streaming service providers like Spotify and Pandora in a tough competitive position:

 source: Statista.com

3) Investing
graphic: "INVESTING"  ©2017 DomainMondo.com
The Week: Markets ended the week DOWN on Friday--Wall Street drops over 2 pct on trade worries | Nasdaq.com--Worry, Fear? Let them wet their pants on Wall Street, ignore the noise--I'm still looking for the NASDAQ Composite to break to the upside this year, 3rd time the charm?--
 NASDAQ Composite
Wall Street's Charging Bull--he's laughing at us right now:
graphic of Charging Bull | DomainMondo.com
Investing Notes:
  • Still Underwater: My 10-Year Odyssey Through America’s Housing Crisis | WSJ.com: "Misery over real estate hasn’t ended—2.5 million homes are still worth less than their mortgages ... the story of one Wall Street Journal reporter’s upside-down American dream."
  • Trump Hits 50% Approval Rating, Surpasses Obama At This Time In His Presidency | ZeroHedge.com April 2, 2018. [Editor's note: the mainstream media narratives are getting jaded, which may be why Trump's poll numbers appear resilient and to the upside in the face of such unprecedented unfavorable media bias. My take: the American people do not like nor trust bicoastal "elitists"--in media or inside the Beltway. If I were a Dem politico, I wouldn't underestimate Trump, he just keeps tweeting, etc.  As far as markets are concerned, you have to accept and adapt to the environment as it is, Trump is Trump, a fixture in the financial 'landscape' for now. Filter out the noise which dominates most 'news' today, something Warren Buffett has been telling us to do for years.

4) ICYMI Tech News:
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-- John Poole, Editor, Domain Mondo  

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