Caroline Hyde

What to discuss next?

We're in these earnings, but Ed, what are you looking at?

checking on Spotify shares, having a strong day up 15%, at one point having their biggest move on record after the company reported, well, record user growth in its fiscal fourth quarter and $835 million in operating income.

Let's turn to Bloomberg's Ashley Carman, who broke down the numbers and looked...

The mighty have fallen a lot coming into this number, Ashley, so the bounce back is perhaps not surprising when they're able to give some sort of ease to the investor base.

But aren't people advertising more with Spotify?

Are they able to drive revenues not just by having more of us tune in and unearth our Spotify account every end of year?

What credence do investors give at the moment, Lucas, to that this would pass through regulators more easily?

This whole ticking fee, the idea that if it goes past the quarter expected, they get a chunk of change in return if it's delayed.

I mean, that really just speaks to the bravado here.

In terms of timing, is there anything pressuring?

Is there any date, any number, any timeframe that we look to for the next?

We appreciate you on the story.

Meanwhile, coming up, we're going to talk about how the storied VC firm, Andreessen Horowitz, is helping drive the Trump administration's AI approach.

That's next.

This is Bloomberg Tech.

It's time now for Talking Tech, and first up, Stripe.

It's arranging a tender offer that would value the company at $140 billion.

Now, according to sources, that marks a roughly $30 billion increase from the most recent valuation last year.

The move is being seen as a sign that the mighty fintech may continue to delay its initial public offering.