ROKU shares are in free fall

Published

2 years ago

July 29, 2022

William Howard

ROKU shares are in free fall, plunging in after hours trading after the company reported worse than expected earnings

ROKU says second quarter revenue increased 18 per cent, missing the estimate of just over 800 million.

The streaming company reported an earnings loss of 82 cents per share, which missed the 68 cents per share expectation.

ROKU says a significant slowdown in TV advertising pressured the platform’s potential revenue growth.

And there’s no immediate end in sight, execs believe these challenges will continue in the near term as economic concerns impact markets worldwide.

ROKU added 1.8 million accounts in the second quarter, bringing its total active accounts up to 63 million.

Research key to investment success

Published

13 hours ago

May 6, 2024

ticker NEWS

What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

Money

Why “stagflation” will be the greatest financial threat of 2024

Published

16 hours ago

May 6, 2024

Nathan Langridge

With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

Money

Unpacking crypto ‘prop trading’

Published

3 days ago

May 4, 2024

ticker NEWS

What is crypto proprietary trading and how can it benefit you?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto Calls, Cheyne Kupfer.

In this episode, Cheyne sits down with Growth Partner at Crypto Calls, Jack Birkinshaw to talk all things prop trading.