Roku Inc Stock Discussion

Global hedge funds went on a buying spree Monday, capitalizing on a massive sell-off in U.S. equities to hunt for bargains. This activity marked the largest one-day buying frenzy in five months, according to a note from Goldman Sachs. Hedge funds snapped up individual U.S. stocks at the fastest pace since March, reversing a prolonged selling trend. Despite a sharp drop of 3% in the $S&P 500 Index (.SPX.US)$, institutional investors p...

$Roku Inc (ROKU.US)$ cathie wood's effect, roku shares drop no matter how the market performs, either good or bad qr

Nice pop on earnings settled back near today's open. Here are the levels to watch this week.
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$Roku Inc (ROKU.US)$

$Roku Inc (ROKU.US)$ lower price with lower volume

$Roku Inc (ROKU.US)$ this could be up by alot next ER

$Roku Inc (ROKU.US)$
Needs to stay above that 60.98 weekly support area to continue to 64.6/65.45. There is a supply zone around 64.98/65.36 to watch out for.

$Roku Inc (ROKU.US)$
Key Metrics
Roku's performance metrics are strong. In the first quarter of 2024, revenue jumped 19% year-over-year, following an 11% increase in 2023. The user base grew to 81.6 million active accounts, a 14% rise from the previous year. Engagement remains high, with 30.8 billion hours of content watched in Q1. Although average revenue per user dropped to $40.65, it appears to be stabilizing.
Industry Position
Roku is well-...

Global ad spending growth is expected to accelerate to 7.8% YoY this year to just under $1 trillion, according to Group M, which boosted its annual forecast growth by 280 bp on strength in China and the US.
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