Iran Rejects US Talks As Mojtaba Calls For 'Vengeance'; Trump Warns 1,000 Missiles Are 'Locked & Loaded'

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...

Enablers Submitted by QTR's Fringe Finance There’s an obvious growing failure at the center of modern markets that, as a former short seller, has become beyond obvious to me over the years. It isn’t just fraud or aggressive accounting. It’s the ecosystem that allows both to thrive: financial media that won’t press, and a sell side that won’t risk upsetting management teams they depend on for access. We’ve seen this movie before. Enron did not implode because there were no warning signs. It imploded because the warning signs were inconvenient. There were whistleblowers. There...

Over the course of Israeli attacks on Wednesday, the Lebanese Health Ministry reported at least 22 people killed, including eight children. That’s particularly relevant, because Thursday talks were scheduled in DC between Israeli and Lebanese officials regarding extending the current “ceasefire” that expires this weekend. Israeli officials seem to be going into the talks particularly […]