Jefferies has upgraded Roku's price target to $140 from $135, anticipating about 40% upside driven by stronger-than-expected advertising revenue and a favorable revenue mix. The firm raised its fiscal 2026 platform revenue growth forecast to 18.5% and increased EBITDA estimates to $649 million, citing improving ad demand and potential political advertising boosts from the 2026 midterms. Roku's Q1 guidance is seen as conservative, with Jefferies expecting a modest beat and sustained growth through the year. Key upcoming catalysts include Amazon DSP ramp-up, subscription service expansions, and major events like the World Cup. Roku will report Q1 earnings on April 30 after market close.
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Industrial Development Funding (IDF) and Oaktree have committed $1.7 billion to support Bloom Energy's fuel cell technology for building AI cloud infrastructure for Nebius. This project will provide dedicated behind-the-meter power to meet the high c...
