The streaming company’s disappointing holiday forecast, coming ahead of new, cheaper ad-supported streaming packages from Netflix Inc. NFLX, +2.41% and Walt Disney Co. DIS, -0.27%, has added to what was Read more
Tag: Audio
Roku’s grim forecast for holiday season tanks stock as macro headwinds deemed ‘too severe’
Roku Inc.’s stock was getting punished Thursday after the streaming-media company’s latest forecast sparked fears about the fate of streaming advertising in an uncertain economic environment. Shares were off more Read more
Roku stock plunges as downbeat earnings forecast assumes ad budgets could ‘degrade’
Roku Inc. shares plummeted 16% in after-hours trading Wednesday after the streaming company topped expectations with its latest results but gave a weaker-than-anticipated outlook for the holiday quarter as economic Read more
Roku stock plunges as downbeat earnings forecast assumes ad budgets could ‘degrade’
Roku Inc. shares plummeted 19% in after-hours trading Wednesday after the streaming company topped expectations with its latest results but gave a weaker-than-anticipated outlook for the holiday quarter as economic Read more
Roku earnings: What to expect
After reports from Meta Platforms Inc. and Alphabet Inc. created further jitters about the state of digital advertising in the uncertain economic climate, it will soon be Roku Inc.’s ROKU, Read more
Samsung Electronics’ net profit slumps 24% as memory-chip prices sink
SEOUL — Samsung Electronics Co. saw profits slump as prices of memory chips, its main source of income, have plunged as the semiconductor industry goes through a downturn. The South Korean tech Read more
Samsung and TSMC granted exemption from new U.S. chip restrictions on China
Samsung Electronics Co. 005930, -1.08% has been granted a one-year exemption from new U.S. curbs on China’s chip industry, according to people familiar with the matter, joining a list of semiconductor giants Read more
Samsung warns of third-quarter profit slump as consumers cut back on tech spending
SEOUL—Samsung Electronics Co. is expected to see its third-quarter profit slump as the company’s mainstay memory-chip and smartphone businesses feel the effects of curbed consumer spending on tech products in the midst Read more
Liz Cheney shares audio of her conceding the Wyoming primary to Harriet Hageman
Wyoming GOP primary winner Harriet Hageman said that Rep. Liz Cheney never called her to concede the election — but there’s a recording that says otherwise. Hageman claimed in a Read more
Samsung scion Lee Jae-yong to receive pardon from South Korea’s president
SEOUL — Samsung’s de facto leader, Lee Jae-yong, will receive a pardon on Monday, South Korea’s presidential office said, a legal reprieve underpinned by expectations that the business tycoon will help Read more