Roku’s goes public new IPO (NASDAQ:ROKU)

Roku has long been one of the most popular home entertainment brands in the United States and abroad. With its wide range of devices, dongles, remotes and other tools, Roku offers unique and exclusive access to a broad pool of content, including web-based streaming, special networks, unique channels, and many more.
In today’s market, the numbers are particularly huge for online streaming services. Over 60% of viewers ranging from 18 to 30 years old adopt online streaming as their primary way to enjoy TV content. Roku is on the forefront of this particular industry, and it makes complete sense for this company to debut on Wall Street.
Unsurprisingly, the home entertainment service started out with a big bang, reaching over 50% of its IPO price in a very short time due to the strong interest of the investors in the company.
Initially, Roku priced its shares at $14, valuing the company at $1.3 billion. Throughout the week, shares already reached the value of $20 each.

In spite of Roku’s impressively soaring IPO, some experts have still doubt about the future profitability of the company, since the market is expanding quickly and more companies are starting to compete in the same niche. Nonetheless, Roku still made a mark with the best-performing IPO of the year.

It was not exactly smooth sailing for Epic’s first attempt at “Close Encounters,” a new Fortnite: Battle Royale limited time mode where players had only jetpacks and shotguns. Players were not terribly amused with being yanked around, and many didn’t get a chance to play Close Encounters at all. “Sky bases” refer to ultra-high buildings that players can make to battle each other way up in the air.

27 May, 2018 14:13 Yahoo! Finance

Memorial Day is the new Black Friday — but that doesn’t mean it’s the best time to buy everything. Originally a holiday devoted to mattress sales, in recent years retailers have morphed the holiday weekend into a bigger sales weekend to mark the halfway-point to Black Friday. “Memorial Day sales represent about the closest thing we’ll see for ‘across the board’ discounts until holiday season,” said Brent Shelton, an online shopping expert.

The FANG stocks have become some of the stock market's most dominant stocks, disproportionately powering its gains, as well as its losses. (Apple is often added, making the group the FAANG stocks), sometimes a bad week for the group of stocks can lead the market down. For instance, Facebook led a steep decline in the FAANG stocks in March, after its data misuse scandal came to light on Sunday, March 18.

27 May, 2018 09:31 Yahoo! Finance

The recent bearish markets have taken major cryptocurrencies as a hostage and the situation seems to be degrading with time. Many crypto enthusiasts speculate that it might be a week full of struggle for Bitcoin that has touched below $7,500 USD mark in the past few days.

26 May, 2018 19:42 Yahoo! Finance

Pixel 2 XL: Google can easily lay claim to one of the world's best smartphones. Background: I've been using the Pixel 2 XL and iPhone X for almost eight months. The Pixel 2 XL is, for all intents and purposes, pretty close to a perfect phone.

Bill Gates isn’t one for light beach reads. Well, there was this romantic novel in his 2014 summer reading list, but that’s been the exception in a string of lists that included recommendations for 2015, 2016 and 2017. Let’s get the fattest one out of the way first — 684 pages! But then Leonardo had such a wide range of interests, and Gates, who has long been fascinated by the Renaissance inventor/scientist/painter/sculptor, says he has struggled to find one book that sums him up.

Three major events drove the two-sided price action in the U.S. Dollar last week including renewed geopolitical concerns over a potential trade war between the United States and China, renewed tensions over North Korea and dovish Fed minutes. However, the dollar index was supported by a weaker Euro.

The odds of running a $1 billion business are slim to none. Unless you’re Elon Musk . Then you run a few. The CEO of Tesla Inc (NASDAQ: TSLA ), SpaceX and the Boring Co. is now known to head two firms ...

It's a rare but small round of job cuts by the world’s largest technology company.

26 May, 2018 13:29 Yahoo! Finance

These three stocks could be poised for massive runs.

26 May, 2018 13:00 Yahoo! Finance

And all the other Apple news and rumors this week.

Italy’s new coalition government is spooking investors with its provocative spending plans and underlying euroskepticism. But prospects for a return of the darkest days of the eurozone sovereign debt crisis ...

26 May, 2018 11:22 Yahoo! Finance

3M, Apple, and American Tower all have a lot to offer your retirement portfolio.

26 May, 2018 06:48 Yahoo! Finance

The pair has been crushed under the dollar strength but help might be nearby

The EUR/USD pair initially try to rally during the week but found enough resistance above the turnaround of form yet another negative candle. Because of this, it looks like we are going to wipe out the entirety of the move to the upside, and I think it’s only a matter of time before that happens.

The Euro fell again during the Freddie session, as we continue the longer-term downtrend against the greenback. The greenback of course being one of the world strongest fiat currencies right now continues to push against other currencies such as the common one.

While Seattle's tech companies stepped up sustainability practices in an earnest effort to generate positive outcomes, nonprofit leaders cannot solely rely on that support.

25 May, 2018 23:39 Yahoo! Finance

Investing.com – Top 5 things that rocked U.S. markets this week

Taking a look back at another week of news from Cupertino, this week’s Apple Loop includes the new iPhone designs for 2018, production starting on the A12 chips, Apple issuing credit notes for battery replacements, a big decision over the MacBook Air, thoughts on WWDC’s announcements, Razer’s macOS graphics enclosure, Apple's automotive team working with VW, and an important date for macOS. Apple Loop is here to remind you of a few of the very many discussions that have happened around Apple over the last seven days (and you can read my weekly digest of Android news here on Forbes).

The Dow and S&P were both in the red for the majority of the day while the Nasdaq fluctuated between slight gains and losses finishing as the sole major index in the black. Oil prices fell sharply Friday after energy ministers from Saudi Arabia and Russia confirmed plans to ease production cuts in order to offset supply shortfalls from Venezuela. West Texas Intermediate crude dropped 4% to $67.88 a barrel.

Gamers are NVIDIA’s (NVDA) core customers, and it earns more than 50% of its revenue from them. The company continues to develop new technologies to enhance the user gaming experience. At the 2018 GPU Technology Conference, NVIDIA unveiled a new real-time ray-tracing technology, RTX, that will deliver movie-quality rendering in games.

Search engines like Google (GOOGL.O) and Microsoft's Bing (MSFT.O) could be made to pay for showing snippets of news articles under draft copyright rules endorsed by European Union ambassadors on Friday. The measure, which is not yet final, would allow press publishers to ask search engines to pay them for showing their articles for up to one year after publication. The original proposal from the European Commission had foreseen giving publishers the right to ask for payment for up to 20 years.

Apple said it received as many as 16,249 national security requests affecting up to 8,249 accounts during the second half of 2017. The number of requests rose 20 percent compared with the first half of 2017, when Apple received 13,499 such requests. Other tech firms also experienced a jump in national security request between the second half of 2016 and the first half of 2017.

The artificial intelligence market, though still in its infancy, is expected to be the primary driver for many technology companies in the next decade. Shifts in how artificial intelligence (AI) is applied to computing and how consumers will interact with it are moving the emphasis from the server room to the devices in our pockets, a change that could benefit mobile-first players like Qualcomm (QCOM). This model is led by Nvidia (NVDA), a company that CEO Jensen Huang has deftly maneuvered into the pole position for large-scale machine learning.

25 May, 2018 20:31 Yahoo! Finance

The company has begun manufacturing the heart of its next iPhone.

Here Are 4 Hot Things to Know About Stocks Right Now Crude oil prices fell 4% to settle at $67.88 a barrel Friday after Saudi Arabia and Russia confirmed plans to ease production cuts. Exxon Mobil Corp.

25 May, 2018 20:05 Yahoo! Finance

Investing.com – The U.S. dollar rose to a sixth-month high as mostly positive U.S. durable goods data suggested the U.S. economy was strong enough to sustain further Fed rate hikes.

The U.S. dollar strengthened against most of its main rivals Friday in New York, as a popular gauge of the currency hit a fresh 2018 high, and as traders digested a week in which the Federal Reserve signaled that it may adopt a more measured approach to hiking interest rates even if inflation runs ahead of its 2% annual target. An escalation of tensions between the U.S. and North Korea, which appeared to ease somewhat early in the session, and trade talks with Washington and Beijing contributed to a week marked by up-and-down trade. The ICE U.S. Dollar Index (IFUS:DX-Y.NYB), which gauges the U.S. unit against a half-dozen currencies, was up 0.5% at 94.197, headed for 0.6% return on the week.

Gamers could be one step closer to getting their hands on a relaunch of the Nintendo 64. The Japanese video game giant filed for a trademark of an image of a Nintendo 64 controller, indicating that a mini N64 could be in the works. Nintendo appears to have cornered the market on retro and modern gaming, with its newest console, The Switch, becoming the fastest-selling gaming console of all time in 2017.

25 May, 2018 19:11 Yahoo! Finance

Shares of electric vehicle maker Tesla Inc. ( TSLA) continued to fall this week as the media floods with negative coverage of Elon Musk's auto company. Loup Ventures cited tweets from Tesla's high-profile Chief Executive Officer Elon Musk in which he promised to solve braking issues with firmware, software and hardware updates.

Citron Research, which began shorting Roku in two months after it went public last fall, said it now expects the Los Gatos company's stock will rise and that Netflix may acquire it.

Markets were mixed on Friday as President Trump signaled that a summit meeting with North Korean dictator Kim Jong Un may be back on. Oil prices declined after Saudi Arabia and Russia said they plan to ease production cuts. "If I am right, and inflation is peaking because freight costs are coming down and oil is rolling over then we have some strong opportunities to make some money here," says TheStreet's Jim Cramer.

25 May, 2018 18:47 Yahoo! Finance

Apple’s (AAPL) smartwatch shipments have picked up steam over the last few quarters. According to Canalys, Apple was the leader in the global wearables (WEAR) market in the first quarter, with Xiaomi coming in a close second.

Apple Inc. said it is closing a retail store in Atlantic City, New Jersey, resulting in a rare but small round of job cuts by the world’s largest technology company. Apple filed a Worker Adjustment and Retraining Notification with the state of New Jersey for 52 employees who will be affected. The iPhone maker rarely closes a retail store without relocating it.

After this week’s selloff in Italian sovereign debt, 90% of the country’s high-grade corporate bonds now earn a lower yield than government paper, according to an analysis by Bank of America Merrill Lynch. In other words, investors appear to view Italian corporate bonds as less risky than their government peers. Backed by the full faith and credit of the government, with its tax-raising abilities, government debt should usually feature a lower yield than those offered by corporate debt to reflect a lower risk of nonpayment.

Apple and other FAANG stocks continue to boost the Nasdaq higher. The composite index is poised to rise more than 1% for the week.

Some of the most highly rated companies will take their turn at earnings, including Lululemon and Ulta Beauty. Similarly, elite tech stocks like Salesforce.com and Workday also will report.

25 May, 2018 18:13 Yahoo! Finance

On Friday North Korean leader Kim Jong Un said he was still open to talks after the White House said in a statement that it would be "inappropriate" to have a planned summit at this time. Trump and Kim Jong Un were set to meet in Singapore on June 12 to discuss possible denuclearization. Durable goods in the U.S. fell 1.7% in April, compared to expectations of a 1.4% decrease while a separate report showed that the University of Michigan Consumer Sentiment index was revised down to 98.0 from 98.8.

Sutardja Marvell's Sunnyvale-based startup, Latticework, will start taking orders next month on a personal hybrid storage device that's designed as an alternative for consumers to cloud-based offerings from Dropbox and others.

Leading the Apple Inc. (NASDAQ:AAPL) rumor mill today is news of AAPL rejecting the new Steam Link app. Steam Link: Valve says that Apple isn’t allowing its Steam Link app on its App Store, reports 9to5Mac. The Steam Link app allows users to play games from their PC on their smartphones and other devices.

25 May, 2018 15:55 Yahoo! Finance

After a choppy year, the Dow Jones Industrial Average is just barely positive. The DJIA, as of Tuesday’s close, has risen 0.47% so far this year.

While leading cloud stock HubSpot is much smaller than its CRM rival Salesforce.com, a new Slack integration and 400% earnings growth may lift HubSpot into a new buy zone.

Twitter (TWTR) users could sooner or later be able to exchange encrypted direct messages on the platform, according to media reports citing clues in Twitter’s Android application code. Android, a Google (GOOGL) product, is the world’s most popular mobile operating system. In April, 75.7% of smartphones worldwide were running Android compared to 19.2% running Apple’s iOS and less than 1.0% running Microsoft’s (MSFT) Windows.

In Escalation Protocol, Bungie and Vicarious Visions have created a potentially great event that they don’t seem to understand at all. While I hoped that “This Week At Bungie” yesterday would shed some light on upcoming fixes to Escalation Protocol, it appears Bungie is sticking to its guns. “Escalation Protocol was designed to be a high-difficulty endgame activity for a max-level, three-player fireteam,” said lead designer Jacob Benton.

A couple of weeks ago, I pointed out three compelling Artificial Intelligence (AI) stocks you may not have even known about. There are certainly more than three such artificial intelligence prospects though. Most investors fully understand that Nvidia Corporation (NASDAQ:NVDA) makes the hardware that powers most AI applications while International Business Machines Corporation (NYSE:IBM) is arguably doing the most to put artificial intelligence to practical use.

Alphabet's (GOOGL) unit Google bolsters its footprint in payment market with the latest updates on its payment services by strengthening relationship with PayPal.

25 May, 2018 13:40 Yahoo! Finance

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25 May, 2018 13:35 Seeking Alpha

The EUR/USD moved lower on Friday ahead of a potential no-confidence vote against Spanish Prime Minister Rajoy, unless he calls for snap elections.  The drop in the currency pair comes despite a better than expected German IFO report. A softer than expected U.S. Durable Goods orders report took some of the luster out of the Greenback. The EUR/USD attempted to move higher but was rejected near resistance at the December lows near 1.1725, and quickly started to move lower.

Loot boxes are out. The biggest hits of this year, God of War, Monster Hunter, Fortnite, don’t have them. It was not the first game ever to have loot boxes, but it’s hard to argue that it wasn’t the one to help make the concept mainstream.

The momentum is clearly to the downside. The daily chart indicates that if this were to continue we could see an eventual test of the main bottom at 1.1553. There is no major support between the current price and this level.

The greenback was flat on Friday while the pound inched down as investors looked ahead to testimony from Fed Chair Jerome Powell and Bank of England Governor Mark Carney. Both Federal Reserve Chairman Jerome Powell and BOE Governor Mark Carney are expected to participate in a panel discussion of "Financial Stability and Central Bank Transparency" at the "Sveriges Riskbank Conference: 350 Years of Central Banking - The Past, The Present and The Future" in Stockholm, Sweden at 9:15 AM ET (13:15 GMT). The dollar was also held back by Fed meeting notes on Wednesday that suggested that while another interest rate hike is warranted, the central bank would accept inflation rising above its target rate for a while.

Satya Nadella, chief executive of Microsoft, seems like the type of CEO who would practice meditation religiously. In interviews and public appearances, he projects a calm, thoughtful vibe, is forever espousing the benefits of empathy and compassion, and often cautions people against the hazards of a “fixed mindset.” But in a recent podcast, we learned…

If bitcoin closes the week below the 50-week moving average it will increase the likelihood of a sell-off to $6,000

The Euro has rallied a bit during the Thursday’s session against dollar using 1.17 level as support. The pair moved slightly higher during the yesterday’s session reaching towards the 1.34 level. The pair traded on a quiet note and hanged around the 0.7550 level during the yesterday’s session.

Before Italy’s general election in March, strategists said the worst-case scenario for equity markets would be an anti-establishment coalition government. Giuseppe Conte is on track to become the new prime minister, with a pair of populist parties — the 5 Star Movement and the League — picking the little-known law professor as a compromise candidate to head their coalition. The new government represents “the worst-case scenario,” with its plans worrying investors, but there are some reassuring factors, said Seema Shah, an investment strategist at Principal Global Investors.

25 May, 2018 05:39 Yahoo! Finance

The pair has been in a tight range with mixed signals from the market

25 May, 2018 04:39 Yahoo! Finance

The Euro rallied slightly during the day on Thursday, as we have perhaps fallen a bit too far into short of an amount of time. I think that the market is recognizing the 1.17 level as short-term support, but clearly we are in a downtrend.

Traders also booked profits on the notion that the recent rally had run its course especially after the release of dovish Fed minutes on Thursday that signaled the central bank would not be as aggressive when raising interest rates in 2018.

Euro zone finance ministers will decide next month on all measures, including further debt relief, needed for Greece to exit its bailout successfully, their chairman said on Thursday. For the June 21 talks to be successful, Athens has to pursue the last reforms agreed with euro zone creditors to put its economy on a firmer growth path. If Greece delivers on the final batch of reforms, the euro zone will be able to disburse new loans that will not only cover its immediate needs, but also create a cash buffer to keep it liquid after the bailout ends.

24 May, 2018 19:56 Yahoo! Finance

Investing.com – The dollar was hit by a fresh wave of selling Thursday, losing ground against its rivals following negative U.S. data showing a slowdown in the U.S. housing and labor market.

24 May, 2018 19:46 Yahoo! Finance

Stocks on edge as Trump calls off the summit with North Korea.

24 May, 2018 17:50 Yahoo! Finance

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24 May, 2018 13:31 Seeking Alpha
24 May, 2018 09:30 Yahoo! Finance

Bitcoin looks set to test $7,000 in the next 24 hours, courtesy of a bear flag breakdown on the technical charts.

23 May, 2018 19:37 Yahoo! Finance

Stocks pairing losses on a big, big news day.

23 May, 2018 18:39 Seeking Alpha
23 May, 2018 17:50 Yahoo! Finance

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23 May, 2018 17:01 Seeking Alpha
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23 May, 2018 09:00 Yahoo! Finance

Following bitcoin's recent losses, a key long-term trend indicator is looking increasingly bearish.

BLACK STAR&CO., co. ltd, (hereinafter referred to as “BLACK STAR&CO,” head office: Chiyoda Ward, Tokyo, CEO: Masamitsu Hirai) has announced that, as part of the SPINDLE project it has been promoting in conjunction with its partners both home and abroad, its SPINDLE tokens (hereinafter referred to as “SPD”) have been listed on five cryptocurrency exchanges around the world as of May 21, 2018 (Mon).

23 May, 2018 02:41 Yahoo! Finance

Bitcoin's price is slipping below $8,000 again, reaching its 35-day low within just an hour since the trading entered Wednesday morning session.

22 May, 2018 21:16 Yahoo! Finance

Stocks trading in limbo here as Trump tacks again on ZTE, and China.

22 May, 2018 19:39 Yahoo! Finance

Stocks trading in limbo here as Trump tacks again on ZTE, and China.

22 May, 2018 17:50 Yahoo! Finance

Yahoo Finance's LIVE stock market coverage and analysis.

The debate about the future of cryptocurrencies has been there for quite a while now especially in light of their performance over the past few months and it continues to be one of the most debated issues.

How much did developer Laszlo Hanyecz pay in the first-ever retail bitcoin transaction? With CoinDesk's new tool, you never have to guess.

22 May, 2018 10:00 Yahoo! Finance

Bitcoin's failed bull breakout on Sunday has left the doors open for the bears to make a comeback.

22 May, 2018 07:32 Seeking Alpha
21 May, 2018 21:09 Yahoo! Finance

Stocks take off as the free traders in the White House prevail, for now.

21 May, 2018 19:39 Yahoo! Finance

Stocks take off as the free traders in the White House prevail, for now.

21 May, 2018 17:50 Yahoo! Finance

Yahoo Finance's LIVE stock market coverage and analysis.

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