Public Schools Are In A Downward Spiral

During what has been described as tit-for-tat attacks, on June 10 the US bombed the drinking water supply in the Bemani district of Sirik, Hormozgan province, Iran. The 500-cubic-meter tank and a 2,000-cubic-meter reservoir provided water for 20,000 Iranians. “Targeting civilian water infrastructure raises serious humanitarian concerns,” the Iranian Consulate in Mumbai, India said. “The incident occurred […]

Fox Buys Roku In $22 Billion Deal To Build "Next-Gen Media" Giant Fox agreed to acquire Roku for $160 per share in a cash-and-stock deal, valuing Roku at around $22 billion. The deal marks a major push by Fox into connected TV, streaming advertising, and direct-to-consumer distribution. On Friday, Roku shares jumped 20% to a four-year high on Bloomberg news that the company was in talks to be acquired by an unnamed media company. That created a wave of suspense over the weekend among Wall Street research desks, which published several...

Wall Street's Nuclear Bull Case Requires Reactors To Actually Get Built Wall Street is largely on board with the nuclear bull case. But investor patience is thinning with an industry that is enjoying both political support and demand from deep-pocketed customers, yet still struggles to this day to get any projects actually started. We noted a similar sentiment with Barclay’s nuclear outlook, as investors increasingly want evidence of real delivery. New research from Jefferies and Bank of America echo similar verbiage (Professional subscribers can read the full notes here at our marketdesk.ai...