Roku Inc on Wednesday topped Wall Street estimates for quarterly revenue as its strategy to focus on its ad-supported platform paid off, with more viewers spending longer hours streaming content.
Shares of Roku, which made a spectacular debut on the Nasdaq last year, rose as much as 9.2 percent in after-hours trading after the company said it added 22 million active accounts in the second quarter. Roku is known for its device that connects televisions to streaming services from companies such as Hulu, Netflix Inc and Amazon.com Inc. …read more […]
Roku Inc on Wednesday topped Wall Street estimates for quarterly revenue as its strategy to focus on its ad-supported platform paid off, with more viewers spending longer hours streaming content. Shares of Roku, which made a spectacular debut on the Nasdaq last year, rose as much as 9.2 percent in after-hours trading after the company said it added 22 million active accounts in the second quarter. Roku is known for its device that connects televisions to streaming services from companies such as Hulu, Netflix Inc and Amazon.com Inc. …read more […]
Iran’s utmost authority Supreme Leader Ayatollah Ali Khamenei said the Islamic Republic had nothing to be concerned about, a report on his official website said on Wednesday, as the country’s clerical leadership faces biting U.S. sanctions.
U.S. regulators are asking Tesla Inc why Chief Executive Elon Musk announced his plan to take the electric carmaker private on Twitter and whether his statement was truthful, the Wall Street Journal reported on Wednesday.
CenturyLink (CTL) delivered earnings and revenue surprises of 13.04% and 1.85%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock? …read more […]
Every few years, investors start to turn on tech giant Apple (NASDAQ:AAPL) as worries surface about the firm’s ability to continue to innovate and whether the firm’s iPhone sales will continue to bring in the kind of growth they’ve become accustomed to. The firm’s most recent earnings results quashed the most recent wave of AAPL stock skepticism and took the stock from $190 per share to nearly $210 per share in a matter of days. Although I’ll admit such a massive market cap is a little bit intimidating, Apple’s long-term growth story is too strong to pass up. …read more […]
Roku Inc topped Wall Street estimates for quarterly revenue on Wednesday as the company added more subscribers to its ad-supported platform, sending its shares up nearly 9 percent.
The S&P 500 closed slightly lower on Wednesday as falling crude prices and trade jitters held markets in check.
The new model, which will share parts with the Focus and Escape, will feature “offroad positioning and imagery” and will carry a premium price, according to Hau Thai-Tang, executive vice president of product development and purchasing. The vehicle, as yet unnamed, is an all-new model with a design intended to recall Ford’s classic mid-1960s Bronco offroader, according to a source familiar with the company’s plans. Thai-Tang cited the vehicle as an example of how the U.S. automaker is changing its product development process to use more flexible vehicle architectures, increase parts commonality and speed new products to market …read more […]
Twenty-First Century Fox Inc’s quarterly profit and revenue topped Wall Street estimates on Wednesday, as the Rupert Murdoch-controlled media company earned higher fees from cable distributors.
Ford Motor Co plans to introduce a small utility vehicle based on its compact Focus sedan, with more rugged offroad styling cues than the Escape, a top executive said on Wednesday.
U.S. regulators are examining how Tesla Inc Chief Executive Elon Musk announced his plan to take the electric carmaker private and whether his statement was truthful, the Wall Street Journal reported on Wednesday.
Roku Inc reported a 57.4 percent rise in quarterly revenue on Wednesday, helped by higher number of subscribers for its ad-supported video streaming platform.
Tronc Inc is weighing an offer to sell the Chicago Tribune and the rest of its newspaper holdings to a private equity firm, the Chicago Tribune reported on Wednesday.
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