Roku Inc. (NASDAQ:ROKU) shares surged Friday after a report suggested the streaming platform is exploring a potential sale. Now, JPMorgan believes one name stands out from a crowded field of possible buyers. In a note following the report, analyst Cory Carpenter said Roku’s combination of TV operating system ownership and distribution into more than 100 million households makes it a strategic asset. While the firm sees potential logic for combinations involving Amazon.com Inc. (NASDAQ:AMZN), Net
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Nuvei has agreed to acquire Nasdaq-listed Payoneer Global (NASDAQ:PAYO) in an all-cash deal valuing the cross-border payments company at approximately $2.75 billion, sending Payoneer shares up 4.1%. Under the terms of the agreement, Nuvei will pay $7.40 per share for all outstanding common...
All three major US stock indexes were up in late-morning trading Monday, after President Donald Trum
Payoneer (PAYO) agreed to be acquired by Canada's Nuvei in an all-cash transaction valued at about $
The Iran-U.S. deal gave Wall Street a green light to pile into risk assets and chase momentum, and lagging Magnificent Seven stocks were in on the action this time. The Dow rose 577 points, or 1.1%. The S&P 500 jumped 1.
Nvidia stock was gaining as it outlined plans to issue investment-grade corporate bonds for the first time since 2021.
AMZN's $35B India push and surging AWS growth highlight long-term upside, but high capex and valuation keep near-term entry timing in focus.
(Update with Amazon's response to a request for comment in the final paragraph.) Amazon (AMZN) Ch
At $127.99, Palantir Technologies (PLTR) is being priced to deliver 33.3% revenue growth annually for the next 7 years simply to defend today's 134.3x multiple. That sits below the 67.7% the business is currently growing at, which is the unusual part. The multiple has already priced in a slowdown that has not yet appeared.
The Trade Desk teams up with Agoda to unlock APAC travel data, helping advertisers reach high-intent travelers across premium digital channels.
Investing.com -- Nvidia Corp. is preparing to sell investment-grade bonds for the first time in approximately five years, according to Bloomberg News. The chipmaker aims to raise at least $20 billion through the offering.
AI Needs More Than Chips. Amazon's Corning Deal Shows What Comes Next
El Al Israel Airlines has signed a deal with Elon Musk's Starlink to make high-speed internet available across its fleet starting next year, the airline said on Monday. Financial details of the agreement were not disclosed. Israel's flag carrier said SpaceX's Starlink service would be offered free of additional charge and would allow hundreds of customers to connect simultaneously, including on long-haul flights.
Nuvei will buy cross-border payments firm Payoneer for about $2.75 billion in cash, the companies said on Monday, as the Canadian fintech aims to expand globally. Nuvei will buy all shares of Payoneer for $7.40 apiece, a premium of about 44% to their last close on June 8. Payoneer has a market capitalization of about $2.26 billion, according to data compiled by LSEG.
Fox is acquiring Roku, the popular streaming TV platform, in a massive $22 billion deal, the companies announced Monday.
Fox Corp. has agreed to buy the streaming pioneer Roku in a cash-and-stock deal valued at approximately $22 billion, including debt. Roku will continue to be run as an open, partner-friendly platform, the companies said Monday, and there appears to be no immediate changes that customers will see. Fox and Roku said that the combined company will become the third-largest player in U.S. television by share of viewing.
Jeff Bezos didn't just trade rain for sunshine when he moved from Washington to a "Billionaire Bunker" in Florida. He lowered his tax liability by nearly $1 billion. Here's how you can too.
Amazon.com Inc. (NASDAQ:AMZN) is one of the 10 Stocks That Can Still Skyrocket On The Neo Cloud Boom. On June 4, Amazon.com Inc. (NASDAQ:AMZN) introduced its Amazon Prime service in South Africa as part of its effort to become one of the dominant retailers in the country. With its high demand, the company priced the […]
Simon Property Group, Inc. (NYSE:SPG) was among the stocks Jim Cramer highlighted during Mad Money, as he noted the rotation into defensive sectors. Cramer highlighted the stock’s yield, as he said: … Simon Property Group. The late great David Simon put together the best collection of shopping malls in America. The stock now yields 4.15%. […]
Elon Musk said on Sunday that his rocket company, SpaceX, could bring in $1 trillion in revenue by 2030, making the statement two days after the company went public, valuing it at over $2 trillion. "And I would be surprised if revenue is not greater than $1T in 2031," he wrote on his social media platform X, replying to journalist and financial commentator Jon Erlichman. SpaceX on Friday became the sixth-largest U.S. firm, cementing Musk's status as the world's first trillionaire.
Orbio announces $21 Million Series A in round led by Dawn Capital.
Amazon.com (NasdaqGS:AMZN) has introduced its Graviton5 custom processor for Amazon Web Services (AWS). The chip is now generally available for customers using AWS cloud infrastructure. Graviton5 is aimed at AI and high performance cloud workloads using in house silicon. For investors following Amazon, this move sits at the core of its AWS business, which provides cloud infrastructure and services to a wide range of enterprises and developers. Custom chips like Graviton5 can be important in...
Investing.com -- Agentic shopping is the use of AI agents to carry out parts of the shopping process on behalf of the customer instead of merely providing recommendations. Google’s agentic shopping protocol, for instance, enables agents to work across different parts of the buying processes, including discovery and post-purchase support. But has agentic shopping reached the capacity to directly make shopping decisions on customers’ behalf?
Amazon.com, Inc. (NASDAQ:AMZN) is one of the best e-commerce stocks to buy as global sales hit records. The company’s advantage in online retail has long been tied to fulfillment depth, and Amazon is now pushing more of that logistics infrastructure beyond its own marketplace. On June 10, Amazon Supply Chain Services launched a less-than-truckload freight […]
