Roku, Inc. - Class A Common Stock (ROKU)

Dan Ives' IVES Wedbush AI Revolution ETF has rocketed to $1B AUM in under 6 months, Cathie Wood's ARKK took a year.

Streaming TV platform Roku (NASDAQ: ROKU) will be reporting earnings this Thursday afternoon. Here’s what investors should know.

A number of stocks jumped in the afternoon session after optimism surged over a potential trade truce between the U.S. and China. 

Investors are gearing up for a jam-packed week of earnings featuring several big tech names and retail-trader favorites.

Shares of streaming TV platform Roku (NASDAQ: ROKU) fell 2.6% in the afternoon session after streaming peer and industry bellwether, Netflix, issued a disappointing revenue forecast and missed its third-quarter profit estimates. The guidance from Netflix, a leader in the streaming space, failed to impress investors despite having a strong lineup of shows. The company’s quarterly profit miss was attributed to unexpected expenses. This news created negative sentiment that spread across the communication services sector, impacting related stocks like Roku. The downturn was part of a broader trend, as technology stocks also faced selling pressure, contributing to the negative market mood.

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One of the companies that started the streaming television revolution is starting to heat up again.

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Shares of streaming TV platform Roku (NASDAQ: ROKU) jumped 4% in the afternoon session after the company announced the launch of its connected TV advertising platform in Brazil and unveiled a series of product updates, including new AI-powered voice features. 

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A number of stocks fell in the afternoon session after President Donald Trump threatened to impose 'massive' new tariffs on Chinese goods. 

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