The Latest Breaking News from Roku Inc

The digital entertainment market is positioned for continuous expansion, owing to the growing variety in content, personalized experience, and adoption of technologies like AI. Amid this, captivating digital entertainment stocks Walt Disney (DIS), Spotify Technology (SPOT), and Roku (ROKU) could be ideal investment choices. Keep reading.

As the market trends upward, high-beta stocks, which typically show greater volatility than the broader market, can be an attractive option for risk-tolerant investors seeking high returns. Therefore, one could consider investing in fundamentally sound companies like Block, Inc. (SQ), Roku, Inc. (ROKU), and Lands’ End (LE). Learn more….

The troubling macroeconomic tides have led to declining consumer sentiments and are compelling them to cut back on spending. Thus, we think Roku (ROKU) and Bed Bath & Beyond (BBBY) might be best avoided now, given their weak fundamentals. Keep reading….

Upgrades

Streaming platform company Roku Inc (NASDAQ: ROKU) reported third-quarter financial results after the market close Wednesday. Here are the key highlights.

With the Federal Reserve seemingly on track to announce another 75-basis-point interest rate hike in its meeting this week, stability in the economy and markets seems to be unlikely. However, Waste Management (WM) looks well-positioned to survive the market volatility well because of the non-cyclical nature of its business. On…

In response to rising inflation and concerns over a potential recession, consumers are cutting back on their discretionary spending. Therefore, we think fundamentally weak consumer discretionary stocks Roku Inc. (ROKU), The Beachbody Company (BODY), and Vinco Ventures (BBIG) are best avoided now. These stocks have lost significant momentum over the…

Shares of television streaming platform provider Roku (ROKU) have plummeted 77.5% over the past year and are trading close to 80% below its 52-week high. The company reported disappointing financials, raising concerns over its slowing ad spending and weak profit margins. Given its lofty valuation and poor earnings growth prospects,…

Roku Inc. (NASDAQ: ROKU) stock has struggled over the last year with shares down over 80%. Ark Invest, led by Cathie Wood, remains heavily invested in the streaming platform and hardware maker.