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Tech Sector Faces ‘Historic Black Eye Moment:’ Analyst Sees ‘Major Ripple Impacts’ Following SVB Implosion

By Shanthi Rexaline
Today, 3:46 PM
Following SVB Financial Group (NASDAQ: SVB)-owned Silicon Valley Bank’s collapse, a veteran tech analyst took stock of the impact it can have on the tech sect

ROKU

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4 minute read
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Roku Has 26% Of Cash With SVB Financial, Deposit Recovery Uncertain — 27 Other Companies With Ties To Collapsed Bank

By Chris Katje
Today, 3:46 PM
The collapse of SVB Financial Group (NASDAQ: SIVB) could have a ripple effect on the technology and biotech industries, the two largest sectors that had deposits and financial relationships with the company’s Silicon Valley Bank.

AMBA

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1 minute read
  • News

Roku Says ~$487M, Or 26% Of Co’s Cash, Is Held At SBV’

By Benzinga Newsdesk
Today, 3:46 PM
-SEC Filing

ROKU

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How Is The Market Feeling About Roku?

By Benzinga Insights
Today, 3:46 PM
Roku’s (NASDAQ:ROKU) short percent of float has fallen 12.47% since its last report. The company recently reported that…

ROKU

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Roku Ropes In Stitch Fix’s Dan Jedda As New CFO; The Former Amazon Veteran Succeeds Steve Louden

By Anusuya Lahiri
Today, 3:46 PM
Dan Jedda will join Roku, Inc (NASDAQ:ROKU) as CFO, effective May 1.  Jedda will succeed current CFO Steve Louden, who shared…

AMZN

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3 minute read
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‘Roku Scales Back Its Audio Ambitions’ – Lowpass

By Happy Mohamed
Today, 3:46 PM
https://lowpass.beehiiv.com/p/roku-audio-layoffs-multiroom-speakers Roku is prioritizing IoT over audio Roku appears to have given up on competing with Sonos in the smart audio space: The company has shelved plans to

ROKU

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Needham Reiterates Buy on Roku, Maintains $80 Price Target

By Benzinga Newsdesk
Today, 3:46 PM
Needham analyst Laura Martin reiterates Roku (NASDAQ:ROKU) with a Buy and maintains $80 price target.

ROKU

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Cathie Wood Adds $5.5M Of This Chip Stock Despite Bleak Outlook — Trims Roku Holdings

By Bhavik Nair
Today, 3:46 PM
Cathie Wood-led ARK Investment Management made a whopping buy in shares of Advanced Micro Devices, Inc. (NASDAQ:

AMD

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Barron’s Top Weekend Stock Picks: Blue Skies For Roku, Microsoft’s Bing GPT And Tesla Model Y Sells Out

By Michael Cohen
Today, 3:46 PM
Benzinga reviews this weekend's top stories covered by Barron's, here are the articles investors need to read.

AMCX

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Cathie Wood Bulks Up On Shopify Amid Stock’s 18% Post-Earnings Drop, Sells This Major Holding Up 30% This Week

By Shanthi Rexaline
Today, 3:46 PM
Cathie Wood’s Ark Invest reversed its stance on Canadian e-commerce retailer Shopify, Inc. (NYSE: SHOP) and began bulking up on the stock this week.

ARKF

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