BREAKING: Spotify (SPOT) hits $100,000,000,000 market capitalization as shares surge over 15% after earnings beat expectations.

Spotify Technology reported its strongest quarter for user growth, adding 38 million new monthly active users in Q4. The music streaming company reported a strong financial performance with total revenue growing 13% year-on-year to EUR4.5 billion, and a gross margin expansion of over 80 basis points.