Roku (ROKU) remains worth at least $155 a share on a standalone basis, but its proposed acquisition
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FOXA's $22B Roku deal expands its streaming, connected-TV advertising and digital reach while bringing Tubi, The Roku Channel and global scale together.
New York Post Media Group is launching its first free ad-supported streaming TV (FAST) channel, head of video and audio Warren Cohen exclusively tells Axios.
Investing.com -- Netflix (NASDAQ:NFLX) shares fell 3.5% Tuesday following reports that the streaming pioneer was outbid in a massive consolidation play for Roku—losing out to a $22 billion definitive agreement from Fox Corp. According to a Semafor report, Netflix aggressively pursued Roku but was ultimately trumped by Fox’s winning cash-and-stock offer valued at $160 per share. The failed bidding war signals a dramatic strategic evolution for Netflix, which has historically relied on building it
Fox Corp. had been focused on maximizing its linear TV/broadcast-cable TV network businesses. This deal changes all that, analysts say.
Fox Corporation has signed a definitive agreement to acquire Roku (NasdaqGS:ROKU) in a major streaming sector transaction. The deal will combine FOX’s content library and Tubi streaming service with Roku’s connected TV platform and advertising technology. Roku shareholders are expected to hold a significant stake in the combined entity once the transaction closes. Roku sits at the intersection of connected TV hardware, operating systems, and ad supported streaming, giving it a central role...
Monday's sales follow a major liquidation last week that was used to fund purchases of SpaceX stock.
Is Fox Corp. now the major gatekeeper - in the way Comcast, Charter and DirectTV were for cable and satellite pay TV systems?
Pre-Market Stock Futures: Futures are trading modestly higher after a stunning opening to the week, as all major indices rocketed higher. The announcement of a cease-fire deal with Iran, which the leaders in that country acknowledged, called for reopening the Strait of Hormuz toll-free. While details will still be worked out over the next ... Here Are Tuesday’s Best Wall Street Analyst Research Calls: Dynatrace, Emerson Electric, Exxon Mobil, Flutter Entertainment, Genuine Parts, nVent Electric,
ARK’s Cathie Wood doubles down on Elon Musk, Truist names new CEO, Fox bids for Roku, and more news to start your day.
Fox Corp's (NASDAQ:FOXA) $22 billion swoop on Roku is, on paper, a bet that owning the screen matters as much as owning the shows, yet the people whose money is at stake are not sold. Fox shares fell as much as 18% on Monday and closed down around 15%, a brutal verdict on the largest...
Shares of cable news and media network Fox (NASDAQ:FOXA) fell 16.9% in the afternoon session after it announced a $22 billion agreement to acquire Roku, a deal that left investors questioning both the price and the strategic logic.
Roku agreed to Fox’s $22 billion acquisition offer.
Investors shifted from defensive to cyclical growth opportunities following the U.S.-Iran peace deal.
Fox announced on Monday that it is acquiring the company for roughly $22 billion.
President Donald Trump and Vice President JD Vance signed an electronic copy of a memorandum of understanding with Iran, a senior US official said in a call with reporters.
Roku stock is in focus as Fox announces plans of buying the streaming devices firm for $22 billion. But the buyout deal weighed heavily on FOXA shares today.
Stocks kicked off Fed week on a high note as market participants celebrated news of a potential peace deal between the U.S. and Iran.
US equity indexes were higher on Monday after the US and Iran agreed on a peace framework and crude

Yahoo Finance Senior Reporter Brooke DiPalma comes on Market Domination to further discuss today's biggest headlines, including memory chip stocks like Micron Technology (MU) surging as Wall Street leans more bullish on the AI trade, oil prices (CL=F, BZ=F) moving closer to $80 per barrel on news of a US-Iran peace deal, and media giant Fox (FOX, FOXA) striking a deal to acquire Roku (ROKU) for $22 billion.
Consumer stocks were mixed late Monday afternoon, with the State Street Consumer Staples Select Sect
Fox Corp. agreed to acquire Roku Inc. in a deal valued at about $22 billion including debt, creating a new television juggernaut and marking a big push into ad-supported streaming. The deal will blend Fox's sports, news and entertainment channels, including the free, ad-supported Tubi, with Roku's streaming platform of more than 100 million subscribers, the companies said in a statement Monday. The acquisition will create the third-largest player in the US television market by share of viewing, spanning broadcast, cable, local and streaming, the companies said. "This combination will transform the scope of our company into high-growth verticals and yield a step change in our overall growth profile," Fox Chief Executive Officer Lachlan Murdoch said in the statement. For more on Fox's acquisition of Roku, Bloomberg Intelligence Analyst on US Media, Geetha Ranganathan, joins Paul Sweeney and Scarlet Fu on "Bloomberg Intelligence."
Elicio Therapeutics (ELTX) said Monday its Phase 2 clinical study evaluating the experimental pancre