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Roku For Sale? JPMorgan Sees Comcast As The Most Logical Buyer
Benzinga106d agobullish
Roku For Sale? JPMorgan Sees Comcast As The Most Logical Buyer

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

Payoneer to be acquired by Nuvei in $2.75B all-cash deal
Proactive106d agoneutral
Payoneer to be acquired by Nuvei in $2.75B all-cash deal

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...

What Is The Market Really Expecting From PLTR Stock?
Trefis106d agoneutral
What Is The Market Really Expecting From PLTR Stock?

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.

Israel's El Al Airlines signs internet deal with Elon Musk's Starlink
Reuters106d agoneutral
Israel's El Al Airlines signs internet deal with Elon Musk's Starlink

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.

Reuters106d agobullish
Canada's Nuvei to buy Payoneer for $2.75 billion in cross-border payments push

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 to buy streaming pioneer Roku in a $22 billion deal
Associated Press107d agobullish
Fox to buy streaming pioneer Roku in a $22 billion deal

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.

Amazon (AMZN) Moves To Unlock An Entire Continent, How Big Is The Target Market?
Insider Monkey107d agoneutral
Amazon (AMZN) Moves To Unlock An Entire Continent, How Big Is The Target Market?

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 […]

Jim Cramer on Simon Property Group: “Terrific Record, Buy It”
Insider Monkey107d agobullish
Jim Cramer on Simon Property Group: “Terrific Record, Buy It”

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%. […]

Musk says SpaceX could bring $1 trillion in revenue by 2030
Reuters107d agoneutral
Musk says SpaceX could bring $1 trillion in revenue by 2030

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.

Amazon Graviton5 Chip Aims To Deepen AWS AI Margins And Moat
Simply Wall St.107d agoneutral
Amazon Graviton5 Chip Aims To Deepen AWS AI Margins And Moat

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.com107d agoneutral
How ‘agentic’ is AI shopping today

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. (AMZN) Shows How Logistics Scale Can Become a Broader E-Commerce Service
Insider Monkey107d agoneutral
Amazon.com Inc. (AMZN) Shows How Logistics Scale Can Become a Broader E-Commerce Service

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 […]