If you have a Roku device at home, and statistically, there’s a good chance you do, your TV’s home screen may soon have a new owner. Fox Corporationannounced June 15 that it has reached a deal to buy Roku for $160 per share. That values the company at roughly $22 billion. The deal is expected
The last time Nvidia (NVDA) went to the investment-grade bond market was 2021, when the company generated about $27 billion in annual revenue and AI had not yet become the defining story of the technology sector. On June 15, the company returned, and the response from investors made the five-year absence feel like a long
Three days after Anthropic launched Fable 5, billing it as the most capable model in the company’s history, the model was gone. Not restricted in one country or for one type of user, but pulled from public access entirely, worldwide. The trigger, according to the Wall Street Journal, traces back to a phone call from
Wall Street routinely punishes companies for doing exactly what they are supposed to do: build for the long term. Adobe just learned that lesson the hard way, watching its shares slide even as it broke financial records. Adobe (ADBE) posted record revenue of $6.62 billion in its second fiscal quarter of 2026, beating analyst expectations
Essentially, Goldman Sachs is telling AI stock investors to look past the flashy headline profits and focus on the bills that are coming due. For the better part of the past few years, investors treated the AI spending boom as a clear win for Big Tech. Nvidia’s chips continued to sell like crazy, cloud demand
We witnessed the end of U.S. involvement in the Vietnam War 50 years ago, on April 30, 1975, with our last helicopter out of Saigon. But Vietnam’s despair runs deeper than the war we witnessed. The nation had been under attack for 35 years – first by the Japanese, then the French, then Chinese-sponsored northern invaders,
Novo Nordisk (NVO) has spent 2026 trying to convince investors that the worst is behind it. After a punishing year, the stock is finally clawing back from its lows. So, when Goldman Sachs sat down with management at a major healthcare conference this month, investors wondered if the bank would turn more positive about Novo’s
Shares of Oracle (ORCL) tumbled 8.53% on June 11 as investors are concerned about the company’s plans to raise more money to fund its AI buildout, overshadowing better-than-expected fiscal fourth-quarter results and a higher profit outlook announced a day earlier. On June 10, the 49-year-old cloud and database software giant reported adjusted earnings of $2.03
Despite pumping significant resources into developing Labadee into a private port stop and resort, cruise line giant Royal Caribbean has not stopped in the port along Haiti’s northern coast since 2024. While Labadee is essentially a gated community that is located 100 miles away from the capital of Port-au-Prince and only accessible by ship or
Oracle just wrapped its fiscal year 2026 with record quarterly revenue of $19.2 billion, up 21% year-over-year (YoY), and its leadership team used the June 10 earnings call to send a clear message to investors: the biggest growth is still ahead. Cloud infrastructure revenue surged 93% in the quarter. The remaining performance obligations (RPO) number,