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Fox Buys Roku In $22 Billion Deal To Build "Next-Gen Media" Giant

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...
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May 13, 2026 / Tyler Durden
Trump Mulls 'Operation Sledgehammer' If Ceasefire Collapses, But Iran Has Re-Armed
Trump Mulls 'Operation Sledgehammer' If Ceasefire Collapses, But Iran Has Re-Armed The Pentagon is considering renaming the war with Iran from "Operation Epic Fury" to "Operation Sledgehammer" if President Trump orders a renewed full-scale bombing campaign against Iran, according to an NBC News report published Tuesday. The report came on the eve of day 75 since the US and Israel launched the conflict. US sources touted to NBC that the United States now has greater military capabilities in the region than it did before the US and Israel launched the war...
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Feb 27, 2026 / Tyler Durden
Top Nike Distributor Sounds Profit Alarm As BNP Says China Remains "Red Flag"
Top Nike Distributor Sounds Profit Alarm As BNP Says China Remains "Red Flag" Nike has reported declining quarterly sales in China, where demand remains under pressure from mounting macroeconomic headwinds, and the brand continues to lose market share to newer competitors. This weakness has dented the shoemaker's broader turnaround efforts and suggests a much-needed reset in the Chinese market. The stock is down 65% from its 2021 peak and is now trading at 2017 levels, as investors hope management will accelerate a turnaround plan to reverse this devastating multi-year bear market....
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Jun 25, 2026 / Tyler Durden
Trump's War Economy Accelerates As Lockheed Wins $35 Billion Deal To Quadruple Missile-Interceptor Output
Trump's War Economy Accelerates As Lockheed Wins $35 Billion Deal To Quadruple Missile-Interceptor Output President Trump's war economy continues to gain steam as weapons production is kicked into high gear and stockpiling becomes a top priority for the Department of War. The latest evidence: Lockheed Martin has won a DoW contract worth up to $35 billion to quadruple production of THAAD missile-defense interceptors, according to Bloomberg. The seven-year agreement follows a January framework deal between Lockheed and DoW to boost interceptor output over the next few years. It also comes as the...
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