NYSE:TMQ 26 January 2026

July 2, 2026, 3:44 PM EDT. Spotify said it found stream manipulation after Caleb Davies, a leading prediction market trader, raised the issue. Davies, who trades Spotify chart odds, said bots boosted streams and influenced Kalshi outcomes. Spotify said it deleted over 500,000 fake streams, changed its chart data, and dropped the song in question from first to fourth. Kalshi already paid out bets using the initial, bad numbers but is now working with Spotify on next steps. Spotify also asked Kalshi to pull its logo from the site and said it does not vouch for the chart data. Detecting artificial streaming remains a problem for music firms and prediction markets.