Roku reported a 26.9% year-over-year increase in advertising revenue for the first quarter of fiscal 2026, now making up 49% of total revenue and 65.6% of gross profit. This growth reflects strong trends in connected TV ad monetization, supported by Roku's hardware strategy, rising subscriber engagement, and expanded streaming and sports content. The company raised its full-year 2026 guidance based on these strong results. However, despite reasonable stock valuations, technical indicators suggest the stock is overbought, leading analysts to downgrade Roku to a Hold rating and recommend waiting for better entry points in the $60-$80 range.
The 32nd Global Family Office Investment Summit in Lake Como gathered over 200 family office leaders, investors, and entrepreneurs from 27 countries to discuss emerging trends in AI, private equity, healthcare innovation, and global investment opport...
Bath & Body Works introduced Fruit Fusion, a new body care franchise featuring fruit-inspired scents and hydrating formulas, available in the U.S. and Canada starting July 6, 2026. Actress Hilary Duff serves as the brand ambassador and creative partn...
Prestige Consumer Healthcare completed the acquisition of Australian therapeutic skin care company LaCorium Health for approximately $150 million in cash on July 1, 2026. LaCorium, known for brands like Dermal Therapy and Flexitol, generates about $4...
GuideAI Health Corp. has appointed Dr. James F. Benenati, a leading interventional radiologist, to its Advisory Board following FDA 510(k) clearance of its AI software, VascularAssist Occlusion Triage (VAOT). VAOT is designed to help radiologists pri...
Diginex Limited has agreed with Resulticks to extend the deadline for their acquisition deal to July 31, 2026, after securing firm funding intent from private investors. The company does not plan to seek public funding and expects this to be the fina...
