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Roku plummets 25% after the TV streaming company reveals downbeat outlook in latest earnings report

In the first quarter, Roku expects a 25% revenue increase to $720 million, below analysts' forecast…

Phil Rosen   


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Disney and Roku drop as Netflix's dismal earnings report drags rival streaming services

Investors dumped shares of Disney, which runs the Disney+ service that includes Hulu and ESPN+. Rok…

Carla Mozée   


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Roku's stock could leap 48% in 2021 as its streaming platform continues to eat up market share and advertising dollars, Wedbush says

Wedbush reiterated its outperform rating and price target of $475 after Roku crushed first quarter …

Emily Graffeo   


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Streaming company Roku to fire 200 US employees

According to the company, the cuts aim to reduce its "headcount expenses" by around 5 per cent b…

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Ark Invest's flagship fund falters amid broader tech rally after earnings implosion from top holdings Roku and Teladoc

Despite Ark Invest's continuation of poor performance this year, investors have poured nearly $2 bi…

Matthew Fox   


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Here comes Roku earnings...

Investors will be paying close attention to the company's subscriber numbers as it competes with Ap…

Graham Rapier   


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Roku plunges 27% as the streaming service flags 'recessionary fears' alongside shortfall in quarterly results and weak outlook

The streaming service said consumers are moderating purchases on discretionary items and advertiser…

Carla Mozée   


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3 mins read

Netflix didn't think Roku could succeed. Now the streaming underdog is hoping its original content can take on Disney, HBO and more.

Netflix spun Roku's tech off in 2008 at a $4 million loss. It missed out on a nearly $7 billion gai…

Katie Canales   


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Wall Street jumps to Roku's defense after shares tumble on disappointing earnings

"Roku 3Q results showed strong unit and revenue growth trends at both the Platform and Product segm…

Daniel Strauss   


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Roku's shares plunge 10% despite an earnings report its CEO called 'great'

Potentially feeding shareholder worries: Roku projected that its bottom line in the holiday quarter…

Troy Wolverton   


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Cathie Wood snapped up $57 million worth of Zoom stock after the company tumbled 17% on disappointing outlook

Wood's Ark Innovation ETF bought roughly $45.5 million while her ARK Next Generation Internet ETF p…

Isabelle Lee   


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Roku extends its gains since December to almost 400%

Roku shares shot up as much as 22% after it crushed Wall Street estimates in its second-quarter rep…

Ben Winck   


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Roku crushes its first-ever earnings as a public company, shares rocket up over 25%

The company also provided revenue guidance for the next quarter that was above expectations, indica…

Matt Weinberger   


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US stocks largely gain as investors look past grim Netflix results to next wave of big tech earnings

Tesla earnings are due late Wednesday while IBM gained after results.

Carla Mozée   


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LIVE: Here comes Roku ...

Roku has been on a huge run since it went public last year. Even though it faces competition from t…

Steve Kovach   


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6 mins read

NBC's new streaming service, Peacock, is now available on Roku devices — here's how to sign up

Peacock is NBC's new streaming service with shows like "The Office" and films like "Fast & Furious.…

Kevin Webb   


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Roku is up more than 45% the day after its bombshell first-ever earnings report as a public company

Even though the company lost money in the third quarter, it says its new focus on the platform part…

Seth Archer   


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2 mins read

Roku skyrockets to a record high after shattering Wall Street forecasts

The company sells two main products, a Smart TV that gives users access to Netflix and other stream…

Daniel Strauss   


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4 mins read

LIVE: Netflix reports Q1 earnings as streaming TV viewership surges

Netflix kicks off media earnings on Tuesday, and Wall Street analysts are expecting social distanci…

Ashley Rodriguez   


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Roku users are streaming an insane amount of video hours

Roku crushed its first-ever earnings report as a public company on Wednesday, thanks largely to the…

Caroline Cakebread