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☆ Shared intelligence from Five Eyes informed Trudeau's India allegation, CTV News reports
▼ + stars: | 2023-09-23 | by ( ) www.reuters.com time to read: +2 min

Ambassador to Canada David Cohen confirmed that "shared intelligence among Five Eyes partners" had informed Canadian Prime Minister Justin Trudeau of the possible involvement of Indian agents in the murder of a Canadian citizen in June, CTV News reported. Trudeau said on Monday that Ottawa had credible intelligence linking Indian agents to the murder of Sikh separatist leader Hardeep Singh Nijjar in Vancouver, prompting an angry reaction from New Delhi, which denies the allegation. The Canadian government amassed intelligence from both human and electronic sources in a months-long investigation into the murder, CBC News reported separately on Thursday. Cohen did not comment to CTV News on the type of intelligence that had informed the Canadian government. "It would be important that India work with the Canadians on this investigation.

Persons: Hardeep Singh Nijjar, Nanak, Chris Helgren, David Cohen, Justin Trudeau, Trudeau, Hardeep Singh, Cohen, Antony Blinken, Gokul, Jan Harvey Organizations: REUTERS, Canadian, CTV News, Intelligence, Ottawa, CBC News, Thomson Locations: Surrey, British Columbia, Canada, Britain, Australia, New Zealand, Vancouver, New Delhi, United States, U.S, Delhi, India, Bengaluru

"India is important in Western calculations for balancing China, and Canada is not," said Stephanie Carvin, a professor of international relations at Ottawa's Carleton University. A free trade deal would be a "major political win" for both India and Britain, Bajpaee said. Reuters Graphics'WAITING GAME'White House national security adviser John Kirby said the United States was "deeply concerned" and encouraged Indian officials to cooperate in any investigation. Britain, the United States, Canada and others threw out more than 100 Russian diplomats to punish Moscow for an attack it has always denied carrying out. Canada has not made public the intelligence it has because there is an active murder investigation, the senior source said.

Persons: Narendra Modi, Justin Trudeau, Evan Vucci, Stephanie Carvin, Hardeep Singh Nijjar, James, Chietigj Bajpaee, Bajpaee, John Kirby, Trudeau, Kirby, Sergei Skripal, Yulia, Wesley Wark, Canada's, Richard Fadden, Steve Scherer, David Ljunggren, Andrew MacAskill, Jonathan Oatis Organizations: Indian, Canada, Bharat, Ottawa's Carleton University, Chatham House, Reuters Graphics, White House, Washington Post, week's, Centre for International Governance Innovation, Canadian Security Intelligence Service, CTV, Thomson Locations: New Delhi, India, Britain, China Canada, OTTAWA, Canada, United States, China, Ottawa, Australia, New Zealand, London, England, Moscow, Waterloo , Ontario

☆ NFL Week 2: How to watch and Sunday’s top picks
▼ + stars: | 2023-09-17 | by ( Hannah Brewitt | ) edition.cnn.com time to read: +6 min

CNN —The NFL season is in full swing. After an opening week filled with both excitement and disappointment, Week 2 began on Thursday with the Philadelphia Eagles’ victory over the Minnesota Vikings. Cincinnati Bengals quarterback Joe Burrow, left, is hit by Cleveland Browns safety Grant Delpit on September 10, 2023 in Cleveland. The Monday Night Football double-feature is the first of three this season, occurring again in Week 3 and Week 14. Australia: NFL+, ESPN, 7PlusBrazil: NFL+, ESPNCanada: NFL+, CTV, TSN, RDSGermany: NFL+, ProSieben MAXX, DAZNMexico: NFL+, TUDN, ESPN, Fox Sports, Sky SportsUK: NFL+, Sky Sports, ITV, Channel 5US: NFL+, CBS, NBC, FOX, ESPN, Amazon Prime

Persons: Joe Burrow’s, Lamar Jackon’s, – Burrow, Joe Burrow, Grant Delpit, Sue Ogrocki, Marlon Humphrey, Marcus Williams, Ronnie Stanley, Tyler Linderbaum, Stanley, Linderbaum, Andy Reid, Travis Kelce, Chris Jones, Kelce, Jones, Doug Pederson, Trevor Lawrence, Lawrence’s, Calvin Ridley, Aaron Rodgers, Michael Owens, Micah Parsons, DeMarcus Lawrence, Zach Wilson’s, Rodgers, Wilson, Daniel Jones, ProSieben MAXX Organizations: CNN, NFL, Philadelphia Eagles, Minnesota Vikings, Baltimore Ravens, Cincinnati Bengals, CBS, AFC, Joe Burrow’s Bengals, Lamar, Lamar Jackon’s Ravens, Ravens, Bengals, Cleveland Browns, Pittsburgh Steelers, Dallas Cowboys, Kansas City Chiefs @ Jacksonville Jaguars, Super Bowl, Chiefs, Kansas City, AFC Divisional, Jaguars, Lions, Jacksonville, . New York Jets, New York Jets, Jets, Cowboys, Dallas, New York Giants, Sunday, Giants, ESPN, Pittsburgh, ABC, Green Bay Packers, Atlanta Falcons, Vegas Raiders, Buffalo Bills, Seattle Seahawks, Detroit Lions, Indianapolis Colts, Houston Texans, Jacksonville Jaguars, Chicago Bears, Tampa Bay Buccaneers, Angeles @ Tennessee Titans, Arizona Cardinals, San Francisco 49ers, Los Angeles Rams, Washington, Denver Broncos, Miami Dolphins, New England Patriots, New Orleans Saints, Carolina Panthers, 7Plus, ESPN Canada, CTV, TSN, RDS, DAZN, Fox Sports, Sky Sports UK, Sky Sports, ITV, Channel, NBC, FOX, Amazon Locations: Cincinnati, Cleveland, Baltimore, Kansas, Jacksonville, ., Texas, New Orleans, Carolina, Australia, 7Plus Brazil, RDS Germany, DAZN Mexico

☆ Meta's block on Canadian news content led to an increase in news app downloads and usage
▼ + stars: | 2023-09-08 | by ( Kali Hays | ) www.businessinsider.com time to read: +4 min

Now, many news outlets are seeing an increase in downloads and usage of their apps. Meta's decision to block user access to news in Canada is not having an entirely negative effect on the country's major publishers. The Globe and Mail in August saw a 98% increase in app downloads and a 27% increase in daily users; CTV News saw a 157% increase in app downloads and an 83% increase in daily usage; La Presse saw a 32% increase in app downloads and an 8% increase in usage; and The National Post's downloads were up almost 10%, with daily usage up 3%. Meanwhile, CBC News saw downloads and daily usage remain relatively flat. "In recent weeks, we have seen an increase in CTV News app downloads, which demonstrates the importance of having access to online news from a Canadian perspective."

Persons: Similarweb, Justin Trudeau, Meta, Kali Hays Organizations: Facebook, CBC, The Globe, Mail, CTV, Meta, Canadian, Global News, National, Canada, Globe and, Presse, Globe, CTV News, CBC News, Bell Media, Bell, Twitter Locations: Canada, Canadian, Globe, Europe, Germany, France, khays@insider.com, @hayskali

☆ A fast-food restaurant splashed out $12,000 on a bizarre sandwich costume that was auctioned off by a provincial government
▼ + stars: | 2023-08-21 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

A Canadian restaurant spent nearly $12,000 on a donair-sandwich costume in an Alberta government auction. CBC reported that the costume was made for a traffic-safety video but was never worn. It was eventually won by 25-store Alberta chain PrimeTime Donair and Poutine, which made the winning bid of CA$16,025. Other donair stores, including the King of Donair, Blowers & Grafton, and Swiss Donair, also placed bids, auction records showed. The listing said the costume was made from various latexes, vulcanized rubbers, and synthetic materials, and had adjustable shoulder straps.

Persons: Adil Asim, Donair, Peter Gamalakos, Gamoulakos Organizations: CBC, Service, CTV News, Canadian, Food Network, Halifax Locations: Alberta, Wall, Silicon, Grafton, Swiss, Canadian, Edmonton

☆ PE firm Novacap has acquired the TV adtech platform Cadent, which now plans to go on an acquisition spree
▼ + stars: | 2023-08-09 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

PE firm Novacap has acquired TV adtech company Cadent. Canadian private equity firm Novacap has acquired the US TV adtech platform Cadent, the pair said Wednesday. With traditional TV viewing long in decline, advertisers have increasingly turned to connected-TV platforms. US broadcast and cable TV ad spending is expected to drop by 8% this year, but will still be significant at $61.3 billion, per Insider Intelligence's forecast. Cadent had previously been owned by another private equity firm, Lee Equity Partners, which acquired the company in 2013.

Persons: Novacap, Nick Troiano, Troiano, Cadent, Pascal Tremblay Organizations: Cross Mediaworks, CTV, Intelligence, Fund, Investment, RBC Capital Markets, TD Securities, Scotiabank, Lee Equity Partners

☆ James Cameron says AI-produced scripts are regurgitated 'word salad' and are unlikely to replace human writers
▼ + stars: | 2023-07-19 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

"Titanic" and "Avatar" director James Cameron doesn't think AI will replace human writers. Cameron said he "certainly" wasn't interested in AI writing his scripts, but he could be forced to reassess his stance in the future. The Writers Guild and Screen Actors Guild are currently on strike for the first time since 1960. A significant factor in their protest is the fear of being replaced by AI, Insider previously reported. Richard Walter, the former chairman of UCLA's screenwriting program, told Insider writers should not fear AI.

Persons: James Cameron doesn't, Oscar, James Cameron, Cameron, they've, we've, Timnit Gebru, Emily M Bender, Oppenheimer, —, Richard Walter Organizations: CTV News, Canada's CTV, Guild, Screen, Writers Guild of America, TechCrunch, Microsoft

☆ Wells Fargo's top ideas for the third quarter including a possible stock double
▼ + stars: | 2023-07-07 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

As the third quarter kicks into high gear, Wells Fargo is offering up its top short picks for the months ahead. Here are some of the names that made the cut: Wells Fargo highlighted consumer electronics stock Vizio as one of its top picks with about 126% upside potential with strong top-and-bottom line growth potential. VZIO YTD mountain Vizio shares in 2023 Within the technology sector, Wells Fargo also highlighted Pinterest as a third-quarter pick. Wells Fargo views the latest technological whirlwind as a "once-in-a generation product cycle" for the company that could contribute to about 17% upside potential in shares. Wells Fargo also included lithium producer Albemarle and J.B. Hunt Transport Services among its top third-quarter ideas.

Persons: Wells, Steven Cahall, Wells Fargo, Ken, Wednesday's, Gary Mobley, Albemarle, — CNBC's Michael Bloom Organizations: Technology, Nasdaq, Wall, CTV, Amazon, Hunt Transport Services Locations: Wells Fargo, Wells, J.B

☆ A 'deadheading' pilot stepped in to land a plane after the first officer became 'incapacitated'
▼ + stars: | 2023-06-24 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

The Transportation Safety Board told Reuters an off-duty "deadheading" pilot landed the plane. An off-duty pilot stepped in to land an Air Canada flight after the first officer became "incapacitated," officials said. Emergency services were on hand when the plane landed as a precaution. The Transportation Safety Board representative told CTV the incident was treated as a "class 5 occurrence," which are minor incidents per its website. The Transportation Safety Board and Air Canada didn't immediately respond to requests for comment from Insider, made outside normal working hours.

Persons: John's, Air Canada didn't Organizations: Air, Transportation Safety Board, Reuters, Morning, CTV, Transportation Safety, Birmingham, Air Canada Locations: Air Canada, Toronto, St, John's, Labrador, Newfoundland

☆ Submersible touring Titanic wreckage: A challenging search in remote waters intensifies for the vessel
▼ + stars: | 2023-06-20 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +11 min

CNN —A multi-agency search is intensifying for a submersible that went missing with five people on board while touring the wreckage of the Titanic, as crews comb through choppy, remote waters in low visibility. “It is a challenge to conduct a search in that remote area,” Mauger said during a news briefing. However, British businessman Hamish Harding is one of the people on the submersible, according to a social media post by the company he owns, Action Aviation. What we know about the vessel and expeditionAn undated photo of the OceanGate Titan vessel. The Coast Guard’s current focus is on locating the vessel, Mauger said.

Persons: John Mauger, ” Mauger, ” Crews, Mauger, “, Hamish Harding, Harding, ” Harding, Larry Daley, Paul, Henri Nargeolet, Nargeolet, Shahzada Dawood, Sulaiman Dawood, Dawood, weren’t, ”, Mi’sel Joe, ” Rory Golden, ” Golden, Golden, Bobbie Scholley, ” Scholley, Scholley Organizations: CNN, Coast Guard, Royal Canadian Air Force, US Coast Guard, Canadian Armed Forces, OceanGate Expeditions, Horizon Maritime, Action Aviation, CTV, CBC News, Expeditions, “, Maritime Horizon Services, Facebook, US Navy Locations: Cape Cod, British, St, Pakistan, John’s, Newfoundland, Canada, ”

☆ How Amazon could use a Prime Video ad tier to rake in billions of dollars a year
▼ + stars: | 2023-06-15 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +5 min

Amazon is reportedly plotting an ad tier for Prime Video, per The Wall Street Journal. A new ad-supported tier for Prime Video could bring in nearly $5 billion in yearly revenue for Amazon, according to Morgan Stanley analysts. "We size US Prime subscribers at ~95 million in 2025, and ourAlphaWise surveys suggest ~77% of Prime subscribers use Prime Video, implying 73 million Prime Video viewers in 2025." "We size US Prime subscribers at ~95 million in 2025, and our AlphaWise surveys suggest ~77% of Prime subscribers use Prime Video, implying 73 million Prime Video viewers in 2025." But they estimated that a Prime Video ad tier outside the US could add a further $209 million to 2025 EBIT.

Persons: Morgan Stanley Organizations: Amazon, Prime, Street, Street Journal, Netflix, NFL, Disney, US, YouTube, NBA, CTV Locations: EBIT

☆ Canada's Bell deepens news industry gloom with 1,300 job cuts
▼ + stars: | 2023-06-14 | by ( ) www.reuters.com time to read: +2 min

The layoffs will mostly affect management and follow thousands of cuts in the media industry that has been wrestling with dwindling ad dollars, elevated levels of inflation and the ongoing shift from cable TV to streaming. The company expects Bell Canada's legacy phone revenue to decline by $250 million each year, while the news operation posts annual operating losses of $40 million. "Our industry is experiencing a major disruption," said senior executive Wade Oosterman in an internal memo seen by Reuters. The Canadian telecom industry has over recent years come under pressure from the government to bring down phone bills in a concentrated market. Affected employees will be informed this week, Bell said, adding that vacant positions were eliminated to minimize the impact on teams.

Persons: Bell, Wade Oosterman, Chrystia Freeland, Samrhitha Arunasalam, Aditya Soni, Shilpi Majumdar, Shinjini Organizations: Bell, Inc, Reuters, Google, Facebook, U.S, CTV, Canadian Finance, Canada, Thomson Locations: Canadian, London, Los Angeles, Washington, Ottawa, Bengaluru

☆ A Prime Video ad tier could bring in $4.8 billion a year in revenue for Amazon, according to Morgan Stanley analysts. Here's how.
▼ + stars: | 2023-06-12 | by ( Nathan Mcalone | ) www.businessinsider.com time to read: +5 min

Persons: Morgan Stanley Organizations: Amazon, Prime, Street, Street Journal, Netflix, NFL, Disney, US, YouTube, NBA, CTV Locations: EBIT

☆ Here are Friday's biggest analyst calls: Apple, Amazon, Broadcom, Bowlero, Microsoft, Rivian & more
▼ + stars: | 2023-06-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Friday's biggest calls on Wall Street: Bank of America reiterates Broadcom as buy Bank of America raised its price target on the stock to $950 per share from $800 after Broadcom's earnings report on Thursday. "Our new PO of $950 (from $800) represents 21x CY24E EV/FCF as AI accelerates company growth potential. Bank of America reiterates Five Below as buy Bank of America said the discount retailer has "recession resilience." Bank of America upgrades Surgery Partners to buy from neutral Bank of America said the health care company has " favorable long-term tailwinds." Bank of America reiterates Lululemon as buy Bank of America said Lululemon is a "best-in-class growth story."

Persons: it's, Riley FBR, Riley, Piper Sandler downgrades, Piper, Morgan Stanley, Apple, it's bullish, Wells, Stifel, Goldman Sachs, Goldman, 100bps, Frank Klein, Tim Fallon, Tim Bei, Derek Mulvey, RIVN, Lululemon Organizations: Bank of America, Broadcom, Warner Music, JPMorgan, Energy, Surgery Partners, of America, Partners, Amazon, Microsoft, ISI, Barclays, Strategic Finance, Citi, Frontier Citi, LaGuardia, Spirit Airlines, Watch Locations: Valvoline, Biopharma, Agriculture, Normal , IL

☆ There may be more 'Chinese police stations" in Canada, minister says
▼ + stars: | 2023-05-14 | by ( ) www.reuters.com time to read: +2 min

TORONTO, May 14 (Reuters) - There may be more "Chinese police stations" operating in Canada, the Public Safety Minister told a Canadian TV station on Sunday, months after police said they were investigating whether two community centers in Montreal were being used to intimidate or harass Canadians of Chinese origin. Earlier this month the Canadian Press reported the centers were operating normally, despite the minister's statements that all secret stations in Canada have been shut. Last week Canada expelled Chinese diplomat Zhao Wei after an intelligence report accused him of trying to target a Canadian lawmaker critical of China's treatment of its Uyghur Muslim minority. Canadian Prime Minister Justin Trudeau's government has been under pressure to clamp down on suspected Chinese interference and call a public inquiry into the matter. Trudeau said last week Canada "will not be intimidated" by Chinese retaliation.

☆ A group of friends say they found hidden cameras in the bathrooms of their Airbnb rental while on holiday
▼ + stars: | 2023-05-02 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

A group of friends on a holiday on the Sunshine Coast found hidden cameras at their Airbnb rental. Airbnb guests have found hidden cameras in alarm clocks, smoke detectors, and even phone chargers. A group of friends staying at an Airbnb rental on the Sunshine Coast in British Columbia, Canada were horrified to find hidden cameras in the bathrooms of the property. Calwell said that the group alerted local police, who later searched the property and confirmed that there were hidden cameras. "We ban hidden cameras and previously refunded the guest as we investigate this allegation," the company said.

May 1 (Reuters) - Canadian singer-songwriter Gordon Lightfoot, best known for folk-pop hits such as "If You Could Read My Mind" and "The Wreck of the Edmund Fitzgerald," died on Monday in a Toronto hospital, it was announced on his official Facebook page. Canadian news outlets CTV and the CBC cited a family representative, Victoria Lord, as confirming his death. Known for his evocative lyrics and melodic compositions, Lightfoot received five Grammy nominations over the years and won 17 Juno awards, Canada's equivalent. Lightfoot emerged from the folk music movement of the mid-1960s with signature tunes such as "Canadian Railroad Trilogy" and "Pussywillows, Cat-Tails." In it, Lightfoot coupled a soaring melody with poignant lyrics about the sailors' last hours.

☆ A lawyer's license was suspended after he tried to sue his 'sugar baby' for $166 million
▼ + stars: | 2023-04-30 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +3 min

A lawyer was suspended after trying to sue his former "sugar baby" for C$226 million ($166 million). But a court said his conduct during the lawsuit was "unbecoming" and suspended him for a month. A lawyer who tried to sue his former "sugar baby" for C$229 million ($169 million) has been suspended after a court ruled he had become "obsessed" with the woman. Ramal-Shah urged the woman's mother to offer a settlement to keep the matter out of courts, before eventually suing the family. The court rejected Ramal-Shah's lawsuit because it was outside the statute of limitations and was "frivolous, vexatious, or otherwise an abuse of process."

☆ Canada says Americans can always get abortion pills up north if the Supreme Court kills access
▼ + stars: | 2023-04-21 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

A Canadian official says her government is working to get enough mifepristone pills to offer Americans. Americans' access to abortion medication has been up in the air after a Texas judge's decision to restrict it. The official said the Canadian government doesn't want to "further endanger" Americans who need reproductive care. But Gould said Canada will need to be careful since some US states are preparing to prosecute Americans who leave their borders to get access. "What concerns me," Gould told CTV, "is where you see laws in states where they're actually criminalizing women [who] cross state borders to access reproductive health care."

☆ Here are Monday's biggest analyst calls: Tesla, Amazon, First Republic, Roku, Walmart & more
▼ + stars: | 2023-03-27 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Monday's biggest calls on Wall Street: Susquehanna upgrades Roku to positive from neutral Susquehanna said it sees an attractive risk/reward for the stock. Citi upgrades KeyCorp and M & T Bank to buy from neutral Citi upgraded several regional banks on Monday and said the risk/reward looks compelling. Morgan Stanley reiterates Amazon as overweight Morgan Stanley said it sees 50% upside for shares of the e-commerce giant. Morgan Stanley reiterates Walmart as overweight Morgan Stanley said it sees an attractive risk/reward heading into the company's investment community meeting on April 4. Morgan Stanley moves First Republic to no rating Morgan Stanley removed its estimates and ratings on the stock due to too much uncertainty.

Biden will be in the capital Ottawa on Thursday and Friday to address Parliament and meet with Prime Minister Justin Trudeau. Despite the unity over Ukraine, the U.S. is less happy with Canada over its defense spending, which has long failed to meet the 2% target of GDP set by NATO members. But Canada's defense spending is around 1.3% of GDP, well below the NATO target of 2%. David Cohen, the U.S. ambassador to Canada, told CTV that defense spending would be "a topic of ongoing conversation ... because we do need more dollars for defense." Trudeau is likely make a commitment of sorts on Haiti but less than Washington is pressing for, said a source briefed on the summit.

☆ The fund that just bought Pornhub owner MindGeek won't say who's running the company due to 'unfortunate stigma,' report says
▼ + stars: | 2023-03-18 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

The private equity firm that acquired Pornhub's parent company won't reveal who's running MindGeek. Ethical Capital Partners told the Financial Times it won't yet identify MindGeek's executives. The new owner says it's keeping their names under wraps because of "stigma" about the porn industry. It details how a New York Times op-ed in December 2020 that accused Pornhub of hosting child porn sparked public outrage. CTV News reported that Tassillo told the hearing: "I truly believe, in my heart of hearts, that we are the safest adult platform in the world right now."

☆ Man charged with dangerous driving after 'premeditated' killing of two in Canada
▼ + stars: | 2023-03-14 | by ( ) www.reuters.com time to read: +2 min

[1/2] Firefighters stand near the site where a man ran down a group of pedestrians with a van in the in the Lower St. Lawrence region of Amqui, Quebec, Canada on March 13, 2023. Prosecutors told reporters that more charges would be filed as police completed their investigations but said it was too early to talk about possible murder charges. Police spokesperson Claude Doiron told reporters Gagnon was cooperating in the investigation. Quebec prosecutor Simon Blanchette told reporters it was too early to speak about a motive. "We see these types of events are happening more and more around the world, it's not unique to us," Quebec Premier Francois Legault told reporters.

☆ PE firm Bridgepoint takes a majority stake in Equativ, valuing the adtech firm at around $370 million
▼ + stars: | 2023-02-23 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

Bridgepoint Development Capital has taken a majority stake in the adtech firm Equativ. It values Equativ at 350 million euros, or $371 million, according to a person familiar with the matter. Private equity firm Bridgepoint has taken a majority stake in Equativ, the French adtech company formerly known as Smart Adserver, the pair said on Thursday. A person familiar with the matter said the deal values Equativ at 350 million euros, or around $371 million. Bridgepoint raised 1.7 billion euros for its BDC IV fund, while Croissance had raised 100 million euros.

☆ Why some analysts are still worried about Roku even after it posted strong Q4 results
▼ + stars: | 2023-02-16 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

Roku is not out of the woods yet, even after posting strong results for the fourth quarter, according to some analysts. The company's first-quarter revenue guidance of about $700 million also beat a StreetAccount estimate of $691.6 million. While those results and guidance are welcome by the market — Roku shares rallied 12% in the premarket — some analysts covering the stock remain skeptical about the company's prospects going forward. The ad market has taken a hit in recent months as companies pulled back as a way to save money. "Given mgmt's track record of conservative guidance ... we think investors will look past weaker 1Q revenue guidance," Helfstein said in a Wednesday note to clients.

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