DIRS.INFO The most relevant business & tech news

Learn moreSamsung's new S90C 4K OLED TV sits a step below the company's latest flagship model, and is designed to take on other value-forward OLEDs like LG's C3. Samsung S90C 65-inch 4K OLED TV The S90C is the successor to our favorite TV of 2022, the Samsung S95B. As for other home theater features, you'll get just about everything you'll need, with the exception of Dolby Vision. Ryan Waniata/InsiderDefinitely, Samsung's S90C is one of the best OLED TVs we've seen. And if you're still looking for more TV recommendations, check out our guides to the best 4K TV and best 65-inch TV.

Persons: you've, Ryan Waniata, brawn, priciest, it's, You'll, It's, Bixby, we've, we'd, you'll, OLED there's Organizations: Samsung, LG, Sony, Samsung's, Gaming, Nvidia, Dolby Vision, Vision, Dolby, Netflix, Disney, HDMI, Smart

☆ Cathie Wood says the bond market is key to a resurgence in her favorite innovation stocks
▼ + stars: | 2023-10-16 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Ark Invest's Cathie Wood said Monday that her innovation darlings are poised to lead the market once bonds start to rally and push down interest rates. The widely followed investor has been betting on stronger-than-expected deflationary forces, which could eventually bring down bond yields. The innovation fund has suffered a big investor exodus this year, with $773 million in total outflows, according to FactSet. Wood said it was due to investors taking some chips off the table after the fund's strong rally. The investor continues to be bullish on the artificial intelligence boom, believing it is an antidote to inflation and a big driver of productivity .

Persons: Cathie Wood, Wood Organizations: Innovation, Nasdaq Locations: FactSet

That's why I'm spending Prime Day looking out for the gaming deals that are actually worth your money. I've been scouring Amazon Prime Big Deal Day's kitchen section to find Prime Day deals on kitchen items. Displays can vary a lot in performance, so figuring out which Prime Day deals on TVs are worth your money can be tricky. Some of the best Prime Day deals on printers include the Brother MFC-J1010DW, a budget multi-function unit that's less than $80. I'm also loving the Prime Day deals on Rivet furniture (read our Rivet review), including 15% off a leather sectional.

Persons: we've, I've, Zelda, I'm, — William Antonelli, that's, — Gabrielle Chase, Lily Alig, — Steven Cohen, Apple, There's, — John Lynch, Amazon Steven Cohen, James, — James Brains, Sam Crozier, — Sally Kaplan, Lash, haircare, — Kevin Webb, Les Shu, — Lauren Savoie, Anker, soundbar, wimpy, — Lisa Sabatini, Amazon Emma Kershaw, Sarah Saril, Rick Stella Organizations: Amazon Amazon, Hispanic Heritage, Amazon Antonio, Boas, Buyers, Sony WH, Amazon Apple, Apple Watches, Amazon, Samsung, Amazon The, Casper, Samsung's, Facebook, Amazon Dyson, Deal, Nvidia, Gaming, MFC, HP, Samsung Watch, Garmin, Apple, Amazon Amazon Prime, Kindle Locations: Western

And after sifting through tons of discounts, we're here with all of the best Prime Day deals on products we love. I've been scouring Amazon Prime Big Deal Day's kitchen section to find Prime Day deals on kitchen items. Displays can vary a lot in performance, so figuring out which Prime Day deals on TVs are worth your money can be tricky. I'm also loving the Prime Day deals on Rivet furniture (read our Rivet review), including 15% off a leather sectional. Be sure to check out our best Prime Day pets deals guide for all our top picks.

Persons: I'm, Lily Alig, I've, — Steven Cohen, Pei, — Samantha Crozier, we've, James, — James Brains, — William Antonelli, Sam Crozier, — Sally Kaplan, Rick Stella, — Lauren Savoie, Zelda, Anker, wimpy Organizations: Amazon Apple, Buyers, Sony WH, Amazon Amazon, Manhattan, Samsung, Amazon The, Casper, Amazon, Amazon Dyson, Amazon Amazon Prime, Garmin, Kindle, Apple Locations: Amazon's

Learn moreAmazon's Prime Day in October sale, officially called Prime Big Deal Days, has arrived. We've rounded up the best Prime Day soundbar deals below, including great options from other brands like LG, Bose, and Samsung. And for more discounts, check out our liveblog with all of the best Prime Day deals right now. Best Prime Day soundbar dealsAre soundbars worth it? What is a Dolby Atmos soundbar?

Persons: We've, soundbar Organizations: Deal, LG, Bose, Samsung Locations: .

"Matched with the NFL, which we all know is driving the biggest TV ratings and interest across the entire sports landscape... Swift's appearance also preceded a nearly three-fold increase in sales in a 24-hour window for Chiefs home games on StubHub. [1/2]Sep 24, 2023; Kansas City, Missouri, USA; Taylor Swift reacts while watching the Kansas City Chiefs vs Chicago Bears game during the first half at GEHA Field at Arrowhead Stadium. "Taylor Swift being at NFL games is gold dust for the league," Scott said. But Swift, whose fame far eclipses that of Kelce's, brings a megawatt starpower that is virtually unprecedented - even in the NFL.

Persons: Taylor Swift, Travis Kelce, Swift, Travis Kelce's, Donna, Adam Budelli, Aaron Rodgers, Roku, Denny, Tom Scott, Scott, Joe Namath, Pro Bowler, Kelce, Amy Tennery, Helen Reid, Bill Berkrot Organizations: Super Bowl, Kansas City Chiefs, NFL, National Football League, Chicago Bears, Chiefs, Jets, Reuters, Bears, Arrowhead, Trippant, Philadelphia Eagles, Miami Dolphins, of Fame, Sports, Super, Apple, Thomson Locations: New York, East Rutherford , New Jersey, Kansas City, Kansas City , Missouri, USA, London, Frankfurt

☆ Ark CEO Cathie Wood says she avoided the Arm IPO frenzy. Here's why
▼ + stars: | 2023-09-20 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, February 27, 2023. Brendan McDermid | ReutersArk Invest CEO Cathie Wood said she did not participate in Arm's blockbuster initial public offering last week because she finds the chip designer was overvalued relative to its competitive position. Arm CEO Rene Haas and executives cheer, as Softbank's Arm, chip design firm, holds an initial public offering (IPO) at Nasdaq Market site in New York, U.S., September 14, 2023. Brendan Mcdermid | Reuters"So we did not participate in that IPO, and we also compare it to the stocks in our portfolios. The top holdings in Wood's flagship Ark Innovation ETF include Tesla , Shopify , UiPath , Unity , Zoom , Twilio , Coinbase , Roku , Block and DraftKings .

Persons: Cathie Wood, Brendan McDermid, Wood, Rene Haas, Brendan Mcdermid Organizations: Ark Invest, CNBC, New York Stock Exchange, Reuters Ark, Nasdaq, Reuters, Innovation, Tesla, U.S . Federal Reserve Locations: New York City, New York, U.S

☆ Read the 16-page pitch deck that 'Million Dollar Listing' star Josh Flagg and his cofounders used to raise $1.7 million for their real estate media startup
▼ + stars: | 2023-09-20 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

Celebrity real estate agent Josh Flagg, media exec Griff O'Brien, and investor Andrew Shanfeld have teamed up to launch Estate Media, a personality-driven media company. Real estate has become a huge pop culture topic, aided by reality TV series like "Selling Sunset" and the "Million Dollar Listing" franchise. The company will offer content created with a network of real estate personalities who, Estate Media said, reach a collective 25 million followers. While the real estate industry has come down from its pandemic frenzy, O'Brien believes Estate Media can ride ups and downs in the market. Scroll down to see the deck Estate Media used to raise its seed round.

Persons: Josh Flagg, Griff O'Brien, Andrew Shanfeld, O'Brien, Flagg, Shanfeld, Jack Davis, Chip, Joanna Gaines —, There's, Margot Ettedgui, TikToker Aaron Grushow, Robert Rivani, Glennda Baker, Ricky Carruth, Adam Weitsman, Chris Heller, Rich Antoniello, Austin Rief, Devin Emery, Brian Goldsmith, Ricky Van Veen, Justin Killion, Spence Markel Organizations: Estate Media, Entertainment, Crypt, HGTV, Los Angeles, Estate, Ojo Labs, Complex Networks, Austin, Morning, Growth Partners, Powerhouse Capital, CollegeHumor

☆ Lightning Round: Plug Power has hurt us too many times, it's done, says Jim Cramer
▼ + stars: | 2023-09-14 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLightning Round: Plug Power has hurt us too many times, it's done, says Jim Cramer'Mad Money' host Jim Cramer weighs in on stocks including: Kenvue, UiPath, Essential Utilities, Plug Power and Roku.

Persons: it's, Jim Cramer Organizations: Utilities

☆ Cramer's Lightning Round: Essential Utilities is at 'a good place to buy'
▼ + stars: | 2023-09-14 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Kenvue's year-to-date stock performance. Stock Chart Icon Stock chart icon UiPath's year-to-date stock performance. Stock Chart Icon Stock chart icon Essential Utilities' year-to-date stock performanceEssential Utilities : "I like them...It's very cheap right now, it's actually a good place to buy." Stock Chart Icon Stock chart icon Plug Power's year-to-date stock performance. Stock Chart Icon Stock chart icon Roku's year-to-date stock performance.

Persons: Abbott, It's, they're, it's, We've, Jim Cramer's Organizations: Utilities

Instead, you can only mirror photos, videos, and music that are stored on your tablet — this means you can't mirror games, or apps like YouTube. In order to do this, you'll need to install the Roku app on your iPad, so if you haven't already, find and install Roku in the App Store. Using the Roku remote control, select "Settings" in the sidebar on the left side of your Roku screen. Select "System," and then select "Screen Mirroring." If you want to change the slideshow speed or add transitions between photos, tap the gear icon to the right of the player controls.

Persons: Dave Johnson Organizations: Apple

☆ Streaming subscribers are ready for added services, new research shows, as companies like Disney and Warner Bros. Discovery race to build bundles
▼ + stars: | 2023-09-13 | by ( Lucia Moses | ) www.businessinsider.com time to read: +4 min

The greatest interest was in shopping discounts (50%); 45% expressed interest in a bundle of more than one streaming service. "There's a way to differentiate yourself by tapping into those opportunities," he said of respondents' interest in other services. Of all countries surveyed, the appetite for streaming bundles was the strongest in the US, with 59% interested in streaming packages that included other streaming services or broadband/internet. Disney offers Disney+, ESPN+, and Hulu for one price and is in the process of migrating Hulu content into Disney+. EY also asked about recent price hikes for streaming services and found rising subscription fees haven't caused widespread cancellations.

Persons: EY, Tom Loozen, Peacock, HBO Max, David Zaslav, They're, Bob Iger, Loozen Organizations: EY Global Telecommunications Leader, Media, Comcast, Warner Bros, Discovery, AMC, Paramount, Walmart, Sky . Disney, Disney, ESPN, HBO, Apple, Hulu, Star, Paramount Global, Showtime Locations: Canada, EU, Asia, Hulu

Instacart also sells ad space on its site, including to Pepsi and Kellogg's, which want to promote products online. Instacart, valued at $9.3 billion, said its grocery orders remained flat for the first six months of 2023 at 132.9 million compared to the year-ago period, Securities and Exchange Commission filings showed. Gross transaction value rose 4% to $14.94 billion over the same period, while ad revenue grew 24% to $406 million from $327 million. Gross profit grew faster than gross transaction value for products sold on Instacart, including merchandise, taxes and fees. Some advertisers may not be as worried about Instacart's slowed order growth, said Nikhil Raj, retail media business lead at ad solutions firm Moloco.

Persons: Eric Cohn, Cheney Orr, Instacart, Fidji Simo, Andrew Lipsman, there's, Lipsman, Gross, Instacart's, Nikhil Raj, Raj, Arriana McLymore, Richard Chang Organizations: Safeway, REUTERS, Pepsi, Securities, Exchange, Insider Intelligence, SEC, Thomson Locations: Tucson , Arizona, U.S, San Francisco, New York

We'll also guide you step-by-step on how to use a VPN to watch UFC 293, no matter where you are. How to watch UFC 293 in the USUS viewers can watch the main event of UFC 293 on ESPN Plus tonight at 10 p.m. Ways to save on the UFC 293 pay-per-view priceIf you're not already a member and plan to sign up for ESPN Plus to watch UFC 293, you can take advantage of a discounted package. How to watch UFC 293 everywhere elseIf you're not in the US, you still have a few options to watch UFC 293. In Canada, UFC 293 will be available as a pay-per-view through most TV providers and directly via UFC Fight Pass.

Persons: Israel Adesanya, Sean Strickland, Strickland, Tai Tuivasa, Alexander Volkov, We'll, McGregor, ExpressVPN, CEST, Felipe Dos Santos, Justin Tafa, Austen Lane, Tyson Pedro, Anton Turkalj, ESPN Plus Carlos Ulberg, Da Woon Jung, Jack Jenkins, Chepe Mariscal, Jamie Mullarkey, John Makdessi, Landon Quinones, Charles Radtke, Shane Young, Gabriel Miranda, Kevin Jousset, Kiefer Crosbie Organizations: UFC, ESPN Plus, ESPN, Amazon, Apple, PlayStation, Samsung, TNT Sports, BT, BT Sport, You'll, LG, AEST, ESPN Plus Israel, ESPN Plus Carlos Locations: Canada, Australia, New Zealand, Germany, Italy, Spain, Poland, Switzerland, Asia, Africa, Brazil

☆ Stocks making the biggest moves premarket: Apple, WestRock, McDonald's and more
▼ + stars: | 2023-09-07 | by ( Pia Singh | ) www.cnbc.com time to read: +3 min

Apple — Apple shares fell more than 2.6% after Bloomberg News reported China is planning to extend a ban on iPhone use to state-owned corporations. The company generated 60 cents per share profit on $542 million of revenue. The company called for an operating loss of $27 million to $40 million, while analysts polled by StreetAccount anticipated a loss of $20.5 million. Verint Systems — The analytics company lost 16.2% in premarket trading after Verint's second-quarter earnings and revenue fell short of expectations. Verint posted adjusted earnings of 48 cents per share, while analysts polled by FactSet forecast 57 cents per share.

Persons: Buster's, LSEG, Wells, ChargePoint, StreetAccount, Roku, Verint, Macheel, Jesse Pound Organizations: Apple, Bloomberg News, Street Journal, Bros, Dave, ChargePoint Holdings, LSEG, Europe's, Kappa, Systems, FactSet, Revenue Locations: China

☆ Stocks making the biggest moves midday: ChargePoint Holdings, Seagate Technology, C3.ai and more
▼ + stars: | 2023-09-07 | by ( Sarah Min | ) www.cnbc.com time to read: +4 min

Seagate Technology — Seagate Technology shares dropped about 10.9% after Barclays downgraded the stock to equal weight form overweight. ChargePoint Holdings — Shares of ChargePoint Holdings plunged 10.9% after the electric vehicle charging infrastructure company missed fiscal second-quarter revenue estimates. ChargePoint posted $150 million in revenue, weaker than the $153 million forecast by analysts polled by LSEG, formerly known as Refinitiv. Meanwhile, C3.ai reported an adjusted fiscal first-quarter loss of 9 cents per share on revenue of $72.4 million. Verint Systems — Shares plunged 19.4% in midday trading after the analytics company reported weaker-than-expected second-quarter earnings and revenue.

Persons: Rollins —, ChargePoint, LSEG, StreetAccount, Roku, —, Alex Harring, Yun Li, Pia Singh Organizations: Europe's, Kappa, Wall Street, GameStop, Wall, — Semiconductor, Lam Research, Devices, Qualcomm, Nvidia, Intel, Apple, Bloomberg, Street Journal, Technology, Wednesday, Seagate Technology, Barclays, ChargePoint Holdings, LSEG, Buster's Entertainment, Loop Locations: China

Shares slipped Thursday in Asia as China reported weaker global demand hit its trade in August, adding to pressures on its economy. Investors have been hoping that the Fed might moderate interest rate increases going forward as inflation has been easing for months. Wall Street expects the Fed to hold its benchmark interest rate steady at its next meeting later in September. Economic updates last week on consumer confidence, jobs and inflation reinforced those hopes. Wall Street will get several more economic updates on inflation and retail sales later in September ahead of the Fed’s next meeting.

Persons: Australia's, Stephen Innes, “, Brent Organizations: Nikkei, Dow Jones, Nasdaq, Apple, Nvidia, Fed, Institute, Supply, Management, Treasury, Federal, Investors, New York Mercantile Exchange, U.S Locations: Asia, China, Seoul

☆ Here are Thursday's biggest analyst calls: Nvidia, Meta, Apple, Netflix, Roku, McDonald's, Micron & more
▼ + stars: | 2023-09-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Thursday's biggest calls on Wall Street: Barclays initiates Jabil and Flex as overweight Barclays initiated several technology manufacturers Thursday and said it sees margin expansion. Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's standing by its overweight rating on the stock heading into Apple's iPhone event next week. Barclays initiates LPL Financial as overweight Barclays said the financial services company is a "solid organic grower at reasonable valuation." Barclays downgrades Seagate to equal weight from overweight Barclays downgraded Seagate mainly on valuation. Morgan Stanley reiterates Meta as overweight Morgan Stanley said it's staying bullish on shares of Meta.

Persons: Wells, Goldman Sachs, Morgan Stanley, McDonald's, Apple, it's, Jefferies, Canaccord, Johnson, Bernstein, Tesla, underperform Bernstein, Raymond James, Dell, Dan Jedda, Stifel, Riley downgrades Crocs, Riley, Truist, Raymond James downgrades Dave, Buster's, Guggenheim, Meta Organizations: Street, Barclays, JBL, EV, HSBC, Citi, Micron Citi, Micron, Oracle, Johnson, JPMorgan, Netflix, Tesla, DELL, Bank of America, Cloud Computing, LPL, Vail Resorts, Seagate, CyberArk Software Ltd, Meta, Nvidia Locations: 3Q23, Vail

☆ Higher valuation leaves 'less margin of error' for this streaming stock, Loop Capital says
▼ + stars: | 2023-09-07 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

A higher valuation has raised the stakes for Roku and pushed Loop Capital to the sidelines. Analyst Alan Gould downgraded the streaming stock to hold from buy while keeping his price target at $85. Ultimately, he said the stock is trading at a valuation that leaves less of a cushion. Roku shares slipped 1.5% before the bell Thursday after climbing almost 3% in Wednesday's session. ROKU YTD mountain Roku shares this year — CNBC's Michael Bloom contributed to this report

Persons: Alan Gould, Gould, Roku, Dan Jedda, CNBC's Michael Bloom Locations: Wednesday's

The prospect of higher rates put particular pressure on growth stocks with the S&P 500 growth index (.IGX) underperforming the benchmark throughout the session. "Growth stocks have been pricing in the idea that inflation has been well anchored and that the Fed's going to cut. The S&P 500 showed little reaction to the Fed's "Beige Book" snapshot of the U.S. economy a week ahead of the keenly awaited August inflation data and the Fed's rate decision on Sept. 20. The report showed "modest" U.S. economic growth in recent weeks while job growth was "subdued," and inflation slowed in most parts of the country. The S&P 500 posted six new 52-week highs and 25 new lows; the Nasdaq Composite recorded 34 new highs and 174 new lows.

Persons: Lockheed Martin, Carol Schleif, Schleif, Susan Collins, Patrick Kaser, Mike Segar, advancers, Sinéad Carew, Shristi, Vinay Dwivedi, Richard Chang Organizations: Dow, Nasdaq, Institute for Supply Management, Traders, Federal Reserve, Boston, Equity, Brandywine Global, Apple Inc, Wall, New York Stock Exchange, REUTERS, Dow Jones, Energy, Lockheed, NYSE, Thomson Locations: China, Minneapolis, Manhattan, New York City , New York, U.S, New York, Bengaluru

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. "Every Fed governor comes out and says they look for the data and that data point today is definitely something that's a little bit more inflationary." Declining issues outnumbered advancers by a 2.14-to-1 ratio on the NYSE and by a 2.06-to-1 ratio on the Nasdaq. The S&P index recorded three new 52-week highs and 24 new lows, while the Nasdaq recorded 32 new highs and 119 new lows. Reporting by Shristi Achar A and Amruta Khandekar in Bengaluru Editing by Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.

Persons: Mike Segar, Martin, Joe Saluzzi, Susan Collins, megacaps, Johnson, Lockheed Martin, Shristi Achar, Vinay Dwivedi Organizations: Wall, New York Stock Exchange, REUTERS, Dow, Nasdaq, Apple, Institute for Supply Management, Traders, Themis, Boston, Nvidia, Treasury, Healthcare, Johnson, HSBC, thefly.com, Federal Reserve, Dow Jones, Lockheed, NYSE, Thomson Locations: Manhattan, New York City , New York, U.S, China, Chatham , New Jersey, Bengaluru

☆ Roku Cutting 10% of Staff to Rein In Rising Expenses
▼ + stars: | 2023-09-06 | by ( Colin Kellaher | ) www.wsj.com time to read: 1 min

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/media/roku-cutting-10-of-staff-to-rein-in-rising-expenses-487be0cf

Persons: Dow Jones

Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. ET, for a snapshot of the U.S. economy, ahead of the keenly awaited inflation data scheduled for next week and the Fed's policy decision on Sept. 20. Investors will also parse comments from Boston Fed President Susan Collins and Dallas Fed President Lorie Logan later in the day. ET, Dow e-minis were down 76 points, or 0.22%, S&P 500 e-minis were down 11.5 points, or 0.26%, and Nasdaq 100 e-minis were down 50 points, or 0.32%. Reporting by Shristi Achar A and Amruta Khandekar in Bengaluru Editing by Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.

Persons: Mike Segar, Russ Mould, AJ Bell, Susan Collins, Lorie Logan, General Mills, Shristi Achar, Vinay Dwivedi Organizations: Wall, New York Stock Exchange, REUTERS, Companies, Dow, Nasdaq, Federal, Federal Reserve, Investors, Global, ISM, Traders, Boston Fed, Dallas Fed, Dow e, Apple, Alaska Air Group, Southwest Airlines, United Airlines, Thomson Locations: Manhattan, New York City , New York, U.S, Russia, Saudi Arabia, China, Bengaluru

☆ Roku narrows core loss forecast, plans to trim 10% workforce
▼ + stars: | 2023-09-06 | by ( Reuters Staff | ) www.reuters.com time to read: +2 min

FILE PHOTO: The Roku company logo is displayed on a building in Austin, Texas, U.S., October 25, 2021. Roku, which faces pressure from larger streaming firms, had laid off about 400 employees, in two cycles in March and November. The San Jose, California-based company now expects adjusted core loss in the range of $40 million to $20 million for the quarter ending September. The company had earlier projected total net revenue at $815 million and adjusted core loss at $50 million for the period. Roku would also take a $45 million to $65 million charge in connection with the workforce reduction, expected to be completed in the fourth quarter.

Persons: Mike Blake Roku, Roku Organizations: Reuters, REUTERS Locations: Austin , Texas, U.S, San Jose , California

☆ Roku is laying off 10% of its workforce
▼ + stars: | 2023-09-06 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +1 min

New York CNN —Roku stock soared higher on Wednesday after the streaming service announced it would lay off 10% of its workforce – about 300 people – in an effort to cut costs. Shares of Roku (ROKU) surged more than 10% on the news. But even as it eliminates the positions of hundreds of workers, Roku said it would bring in more money than it previously expected. The company’s new third quarter forecast anticipates revenues between $835 million and $875 million (excluding the restructuring charge), up from previous estimates of $815 million. SAG-AFTRA, which represents about 160,000 actors, joined the writers on strike on July 14.

Persons: Roku Organizations: New, New York CNN, Securities and Exchange Commission, Guild of America, SAG Locations: New York

Search resuls for: "ROKU"

25 mentions found