Spotify's ( SPOT ) stock surged Wednesday following a promising earnings report and bullish subscriber projections, signaling the platform's commitment to expanding its hold on both audio and video content. Despite a slight dip in quarterly earnings, Spotify remains on an upward trajectory, showcasing robust user engagement, new monetization tools, and an ambitious shift into video. Record Subscriber Growth and Financial Highlights Spotify closed its third quarter with an impressive 640 million monthly active users (MAUs) and 252 million premium subscribers, marking double-digit growth compared to last year. This increase surpassed Spotify’s own projections, fueling a 9.3% rise in the stock price to $458.47 in early trading, up 141% over the past year. Third-quarter earnings posted at €1.45 per share on revenue of €3.99 billion, slightly missing analysts’ estimates of €1.68 per share on €4.02 billion revenue. Spotify also reported an increase in gross margin to 31.1%, a marked