It's the busiest week of first-quarter earnings season so far, with roughly 40% of the S&P 500 reporting. A round of well-received reports sent stocks higher out of the gate Tuesday, while a rally in Big Tech kept the wind at the market's back.
Taking a closer look at today's earnings calendar, Spotify (SPOT, +11.5%) was one of the biggest gainers Tuesday after the audio streaming service's Q1 results. SPOT swung to a per-share profit in the first quarter, while revenue surged more than 19% year-over-year thanks to recent price increases. The company also said it had 239 million paying subscribers, in line with estimates.
