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Spotify takes a hit after report says Amazon is exploring a free music service (SPOT)
  • Spotify shares slid in early Monday after a report said Amazon has entered into discussions to launch a free music service to compete directly with the streaming platform.
  • Billboard, citing sources familiar with the plan, said Amazon would market the service through its Echo speakers and offer a limited catalog. 
  • The service could become available as early as next week, Billboard reported.
  • Watch Spotify trade live.

  • Snap could run out of cash in 3 years because it is burning through $68 million a month
  • Citi beats, but equity trading misses the mark
  • The IPO market has come storming back. Nasdaq's head of healthcare listings gave us the lay of the land.

Full "The Business Insider: The Money Game" article

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