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2022-07-29

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Roku Withdraws Forecast for Annual Revenue Growth Rate, Shares Tumble

2022-06-07

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2022-01-24

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Singapore Stock Market May Spin Its Wheels On Monday

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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1659048577,"share":"https://ttm.financial/m/news/2255370457?lang=&edition=fundamental","pubTime":"2022-07-29 06:49","market":"us","language":"en","title":"Roku Withdraws Forecast for Annual Revenue Growth Rate, Shares Tumble","url":"https://stock-news.laohu8.com/highlight/detail?id=2255370457","media":"Reuters","summary":"July 28 (Reuters) - Roku Inc posted a wider-than-expected quarterly loss on Thursday and withdrew it","content":"<html><head></head><body><p>July 28 (Reuters) - Roku Inc posted a wider-than-expected quarterly loss on Thursday and withdrew its revenue growth rate estimate for the year as the current economic turmoil squeezes its ad business, sending the streaming platform&#39;s shares down more than 25%.</p><p><img src=\"https://static.tigerbbs.com/8bf9f2950ef1bb585453d80986116a05\" tg-width=\"856\" tg-height=\"620\" width=\"100%\" height=\"auto\"/></p><p>While inflationary pressures and fears of a recession have forced advertisers to make cuts to their marketing budgets this year, increasing competition has also added to the headaches of companies selling online ads.</p><p>California-based Roku, which issued a downbeat revenue forecast for the current quarter, was also hit by consumers tightening their spending amid soaring food and fuel prices.</p><p>&#34;We are facing an increasingly difficult and uncertain environment. 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Recessionary fears, inflationary pressures, rising interest rates and ongoing supply chain issues will continue to impact both consumers and advertisers,&#34; Chief Financial Officer Steve Louden told analysts on a call.</p><p>Roku&#39;s dismal forecast mirrors updates from major tech firms including Snapchat-parent Snap Inc and Twitter Inc, which have warned of a slowdown in the ad market over the next few quarters.</p><p>Facebook-parent Meta Platforms also took a hit from slowing ad sales, forcing it to issue a grim forecast and record its first ever quarterly drop in revenue on Wednesday.</p><p>In contrast to Roku, the world&#39;s largest streaming service, Netflix Inc, said last week it was expecting to return to customer growth in the third quarter and that it planned to launch its ad-supported option next year.</p><p>Roku&#39;s total net revenue rose more than 18% to $764.4 million for the second quarter ended June 30, but failed to match analysts&#39; estimates of $805.2 million, according to Refinitiv IBES data.</p><p>It also reported a loss of 82 cents per share, wider than the 69-cent per-share loss that analysts had expected.</p><p>The company projected current-quarter revenue to grow 3% to $700 million, lower than the $901.7 million estimated by analysts.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255370457","content_text":"July 28 (Reuters) - Roku Inc posted a wider-than-expected quarterly loss on Thursday and withdrew its revenue growth rate estimate for the year as the current economic turmoil squeezes its ad business, sending the streaming platform's shares down more than 25%.While inflationary pressures and fears of a recession have forced advertisers to make cuts to their marketing budgets this year, increasing competition has also added to the headaches of companies selling online ads.California-based Roku, which issued a downbeat revenue forecast for the current quarter, was also hit by consumers tightening their spending amid soaring food and fuel prices.\"We are facing an increasingly difficult and uncertain environment. Recessionary fears, inflationary pressures, rising interest rates and ongoing supply chain issues will continue to impact both consumers and advertisers,\" Chief Financial Officer Steve Louden told analysts on a call.Roku's dismal forecast mirrors updates from major tech firms including Snapchat-parent Snap Inc and Twitter Inc, which have warned of a slowdown in the ad market over the next few quarters.Facebook-parent Meta Platforms also took a hit from slowing ad sales, forcing it to issue a grim forecast and record its first ever quarterly drop in revenue on Wednesday.In contrast to Roku, the world's largest streaming service, Netflix Inc, said last week it was expecting to return to customer growth in the third quarter and that it planned to launch its ad-supported option next year.Roku's total net revenue rose more than 18% to $764.4 million for the second quarter ended June 30, but failed to match analysts' estimates of $805.2 million, according to Refinitiv IBES data.It also reported a loss of 82 cents per share, wider than the 69-cent per-share loss that analysts had expected.The company projected current-quarter revenue to grow 3% to $700 million, lower than the $901.7 million estimated by analysts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":761,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9053265878,"gmtCreate":1654557745794,"gmtModify":1676535466413,"author":{"id":"3572121077252830","authorId":"3572121077252830","name":"PMeng","avatar":"https://static.itradeup.com/news/58c995f8b66a875be9f8793225a7a80f","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572121077252830","authorIdStr":"3572121077252830"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9053265878","repostId":"2241906747","repostType":2,"isVote":1,"tweetType":1,"viewCount":531,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9007415817,"gmtCreate":1642983403167,"gmtModify":1676533761602,"author":{"id":"3572121077252830","authorId":"3572121077252830","name":"PMeng","avatar":"https://static.itradeup.com/news/58c995f8b66a875be9f8793225a7a80f","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572121077252830","authorIdStr":"3572121077252830"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007415817","repostId":"1194170025","repostType":2,"repost":{"id":"1194170025","kind":"news","pubTimestamp":1642983039,"share":"https://ttm.financial/m/news/1194170025?lang=&edition=fundamental","pubTime":"2022-01-24 08:10","market":"us","language":"en","title":"Singapore Stock Market May Spin Its Wheels On Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1194170025","media":"RTTNews","summary":"The Singapore stock market has moved higher in three straight sessions, collecting almost 15 points ","content":"<html><head></head><body><p>The Singapore stock market has moved higher in three straight sessions, collecting almost 15 points or 0.5 percent along the way. The Straits Times Index now sits just above the 3,290-point plateau although the rally figures to stall on Monday.</p><p>The global forecast for the Asian markets is weak on continuing fears over the outlook for interest rates, with oil and technology stocks expected to lead the way lower. The European and U.S. markets were down and the Asian bourses are tipped to open in similar fashion.</p><p>The STI finished barely higher on Friday following gains from the properties and a mixed picture from the financial sector.</p><p>For the day, the index rose 0.04 points or 0.00 percent to finish at 3,294.86 after trading between 3,281.58 and 3,298.94. Volume was 1.03 billion shares worth 1.12 billion Singapore dollars. There were 229 decliners and 224 gainers.</p><p>Among the actives, Ascendas REIT advanced 0.70 percent, while CapitaLand Integrated Commercial Trust rose 0.50 percent, City Developments added 0.56 percent, Comfort DelGro climbed 0.73 percent, DBS Group retreated 1.22 percent, Genting Singapore slumped 0.64 percent, Keppel Corp surged 1.32 percent, Mapletree Commercial Trust and Singapore Technologies Engineering both gained 0.54 percent, Oversea-Chinese Banking Corporation collected 0.08 percent, SATS soared 1.27 percent, Singapore Airlines spiked 1.19 percent, Singapore Exchange eased 0.10 percent, Singapore Press Holdings lost 0.43 percent, SingTel increased 0.40 percent, Thai Beverage jumped 0.76 percent, United Overseas Bank and Wilmar International both were up 0.23 percent, Yangzijiang Shipbuilding tumbled 1.49 percent and Dairy Farm International, Mapletree Logistics Trust and SembCorp Industries were unchanged.</p><p>The lead from Wall Street is negative as the major U.S. markets were down again on Friday, hugging both sides of the unchanged line in the morning before going into freefall in the afternoon to end in the red for the fourth straight session.</p><p>For the day, the Dow plummeted 450.02 points or 1.30 percent to finish at 34,265.37, while the NASDAQ plunged 385.10 points or 2.72 percent to close at 13.768.92 and the S&amp;P 500 tumbled 84.79 points or 1.89 percent to end at 4,397.94.</p><p>The particularly harsh drop on the NASDAQ was fueled by a weak earnings report from Netflix, which set off a cascade of selling pressure among the other markets.</p><p>Surging bond prices also drove the markets lower, exacerbating interest rate concerns; most analysts believe a rate hike of at least 25 basis points from the FOMC is imminent in March.</p><p>Oil prices fell finished lower on Friday for the second straight session, although they came up from session lows. Crude&#39;s correction continued after touching a seven-year high earlier in the week on demand optimism and short-term supply disruptions. West Texas Intermediate crude futures were down 0.86 percent at $84.81 per barrel after falling as much as 3.2 percent earlier.</p><p>Closer to home, Singapore will release December figures for consumer prices later today, with forecasts suggesting an annual increase of 3.75 percent overall and 1.7 percent for core CPI. That follows the 3.8 percent overall increase and the 1.6 percent gain for core CPI in November.</p></body></html>","source":"lsy1626938412129","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stock Market May Spin Its Wheels On Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stock Market May Spin Its Wheels On Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-24 08:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3256559/singapore-stock-market-may-spin-its-wheels-on-monday.aspx><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has moved higher in three straight sessions, collecting almost 15 points or 0.5 percent along the way. The Straits Times Index now sits just above the 3,290-point plateau ...</p>\n\n<a href=\"https://www.rttnews.com/3256559/singapore-stock-market-may-spin-its-wheels-on-monday.aspx\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3256559/singapore-stock-market-may-spin-its-wheels-on-monday.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194170025","content_text":"The Singapore stock market has moved higher in three straight sessions, collecting almost 15 points or 0.5 percent along the way. The Straits Times Index now sits just above the 3,290-point plateau although the rally figures to stall on Monday.The global forecast for the Asian markets is weak on continuing fears over the outlook for interest rates, with oil and technology stocks expected to lead the way lower. The European and U.S. markets were down and the Asian bourses are tipped to open in similar fashion.The STI finished barely higher on Friday following gains from the properties and a mixed picture from the financial sector.For the day, the index rose 0.04 points or 0.00 percent to finish at 3,294.86 after trading between 3,281.58 and 3,298.94. Volume was 1.03 billion shares worth 1.12 billion Singapore dollars. There were 229 decliners and 224 gainers.Among the actives, Ascendas REIT advanced 0.70 percent, while CapitaLand Integrated Commercial Trust rose 0.50 percent, City Developments added 0.56 percent, Comfort DelGro climbed 0.73 percent, DBS Group retreated 1.22 percent, Genting Singapore slumped 0.64 percent, Keppel Corp surged 1.32 percent, Mapletree Commercial Trust and Singapore Technologies Engineering both gained 0.54 percent, Oversea-Chinese Banking Corporation collected 0.08 percent, SATS soared 1.27 percent, Singapore Airlines spiked 1.19 percent, Singapore Exchange eased 0.10 percent, Singapore Press Holdings lost 0.43 percent, SingTel increased 0.40 percent, Thai Beverage jumped 0.76 percent, United Overseas Bank and Wilmar International both were up 0.23 percent, Yangzijiang Shipbuilding tumbled 1.49 percent and Dairy Farm International, Mapletree Logistics Trust and SembCorp Industries were unchanged.The lead from Wall Street is negative as the major U.S. markets were down again on Friday, hugging both sides of the unchanged line in the morning before going into freefall in the afternoon to end in the red for the fourth straight session.For the day, the Dow plummeted 450.02 points or 1.30 percent to finish at 34,265.37, while the NASDAQ plunged 385.10 points or 2.72 percent to close at 13.768.92 and the S&P 500 tumbled 84.79 points or 1.89 percent to end at 4,397.94.The particularly harsh drop on the NASDAQ was fueled by a weak earnings report from Netflix, which set off a cascade of selling pressure among the other markets.Surging bond prices also drove the markets lower, exacerbating interest rate concerns; most analysts believe a rate hike of at least 25 basis points from the FOMC is imminent in March.Oil prices fell finished lower on Friday for the second straight session, although they came up from session lows. Crude's correction continued after touching a seven-year high earlier in the week on demand optimism and short-term supply disruptions. West Texas Intermediate crude futures were down 0.86 percent at $84.81 per barrel after falling as much as 3.2 percent earlier.Closer to home, Singapore will release December figures for consumer prices later today, with forecasts suggesting an annual increase of 3.75 percent overall and 1.7 percent for core CPI. That follows the 3.8 percent overall increase and the 1.6 percent gain for core CPI in November.","news_type":1},"isVote":1,"tweetType":1,"viewCount":768,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9007415817,"gmtCreate":1642983403167,"gmtModify":1676533761602,"author":{"id":"3572121077252830","authorId":"3572121077252830","name":"PMeng","avatar":"https://static.itradeup.com/news/58c995f8b66a875be9f8793225a7a80f","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572121077252830","idStr":"3572121077252830"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007415817","repostId":"1194170025","repostType":2,"repost":{"id":"1194170025","kind":"news","pubTimestamp":1642983039,"share":"https://ttm.financial/m/news/1194170025?lang=&edition=fundamental","pubTime":"2022-01-24 08:10","market":"us","language":"en","title":"Singapore Stock Market May Spin Its Wheels On Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1194170025","media":"RTTNews","summary":"The Singapore stock market has moved higher in three straight sessions, collecting almost 15 points ","content":"<html><head></head><body><p>The Singapore stock market has moved higher in three straight sessions, collecting almost 15 points or 0.5 percent along the way. The Straits Times Index now sits just above the 3,290-point plateau although the rally figures to stall on Monday.</p><p>The global forecast for the Asian markets is weak on continuing fears over the outlook for interest rates, with oil and technology stocks expected to lead the way lower. The European and U.S. markets were down and the Asian bourses are tipped to open in similar fashion.</p><p>The STI finished barely higher on Friday following gains from the properties and a mixed picture from the financial sector.</p><p>For the day, the index rose 0.04 points or 0.00 percent to finish at 3,294.86 after trading between 3,281.58 and 3,298.94. Volume was 1.03 billion shares worth 1.12 billion Singapore dollars. There were 229 decliners and 224 gainers.</p><p>Among the actives, Ascendas REIT advanced 0.70 percent, while CapitaLand Integrated Commercial Trust rose 0.50 percent, City Developments added 0.56 percent, Comfort DelGro climbed 0.73 percent, DBS Group retreated 1.22 percent, Genting Singapore slumped 0.64 percent, Keppel Corp surged 1.32 percent, Mapletree Commercial Trust and Singapore Technologies Engineering both gained 0.54 percent, Oversea-Chinese Banking Corporation collected 0.08 percent, SATS soared 1.27 percent, Singapore Airlines spiked 1.19 percent, Singapore Exchange eased 0.10 percent, Singapore Press Holdings lost 0.43 percent, SingTel increased 0.40 percent, Thai Beverage jumped 0.76 percent, United Overseas Bank and Wilmar International both were up 0.23 percent, Yangzijiang Shipbuilding tumbled 1.49 percent and Dairy Farm International, Mapletree Logistics Trust and SembCorp Industries were unchanged.</p><p>The lead from Wall Street is negative as the major U.S. markets were down again on Friday, hugging both sides of the unchanged line in the morning before going into freefall in the afternoon to end in the red for the fourth straight session.</p><p>For the day, the Dow plummeted 450.02 points or 1.30 percent to finish at 34,265.37, while the NASDAQ plunged 385.10 points or 2.72 percent to close at 13.768.92 and the S&amp;P 500 tumbled 84.79 points or 1.89 percent to end at 4,397.94.</p><p>The particularly harsh drop on the NASDAQ was fueled by a weak earnings report from Netflix, which set off a cascade of selling pressure among the other markets.</p><p>Surging bond prices also drove the markets lower, exacerbating interest rate concerns; most analysts believe a rate hike of at least 25 basis points from the FOMC is imminent in March.</p><p>Oil prices fell finished lower on Friday for the second straight session, although they came up from session lows. Crude&#39;s correction continued after touching a seven-year high earlier in the week on demand optimism and short-term supply disruptions. West Texas Intermediate crude futures were down 0.86 percent at $84.81 per barrel after falling as much as 3.2 percent earlier.</p><p>Closer to home, Singapore will release December figures for consumer prices later today, with forecasts suggesting an annual increase of 3.75 percent overall and 1.7 percent for core CPI. That follows the 3.8 percent overall increase and the 1.6 percent gain for core CPI in November.</p></body></html>","source":"lsy1626938412129","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Stock Market May Spin Its Wheels On Monday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore Stock Market May Spin Its Wheels On Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-24 08:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3256559/singapore-stock-market-may-spin-its-wheels-on-monday.aspx><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market has moved higher in three straight sessions, collecting almost 15 points or 0.5 percent along the way. The Straits Times Index now sits just above the 3,290-point plateau ...</p>\n\n<a href=\"https://www.rttnews.com/3256559/singapore-stock-market-may-spin-its-wheels-on-monday.aspx\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3256559/singapore-stock-market-may-spin-its-wheels-on-monday.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194170025","content_text":"The Singapore stock market has moved higher in three straight sessions, collecting almost 15 points or 0.5 percent along the way. The Straits Times Index now sits just above the 3,290-point plateau although the rally figures to stall on Monday.The global forecast for the Asian markets is weak on continuing fears over the outlook for interest rates, with oil and technology stocks expected to lead the way lower. The European and U.S. markets were down and the Asian bourses are tipped to open in similar fashion.The STI finished barely higher on Friday following gains from the properties and a mixed picture from the financial sector.For the day, the index rose 0.04 points or 0.00 percent to finish at 3,294.86 after trading between 3,281.58 and 3,298.94. Volume was 1.03 billion shares worth 1.12 billion Singapore dollars. There were 229 decliners and 224 gainers.Among the actives, Ascendas REIT advanced 0.70 percent, while CapitaLand Integrated Commercial Trust rose 0.50 percent, City Developments added 0.56 percent, Comfort DelGro climbed 0.73 percent, DBS Group retreated 1.22 percent, Genting Singapore slumped 0.64 percent, Keppel Corp surged 1.32 percent, Mapletree Commercial Trust and Singapore Technologies Engineering both gained 0.54 percent, Oversea-Chinese Banking Corporation collected 0.08 percent, SATS soared 1.27 percent, Singapore Airlines spiked 1.19 percent, Singapore Exchange eased 0.10 percent, Singapore Press Holdings lost 0.43 percent, SingTel increased 0.40 percent, Thai Beverage jumped 0.76 percent, United Overseas Bank and Wilmar International both were up 0.23 percent, Yangzijiang Shipbuilding tumbled 1.49 percent and Dairy Farm International, Mapletree Logistics Trust and SembCorp Industries were unchanged.The lead from Wall Street is negative as the major U.S. markets were down again on Friday, hugging both sides of the unchanged line in the morning before going into freefall in the afternoon to end in the red for the fourth straight session.For the day, the Dow plummeted 450.02 points or 1.30 percent to finish at 34,265.37, while the NASDAQ plunged 385.10 points or 2.72 percent to close at 13.768.92 and the S&P 500 tumbled 84.79 points or 1.89 percent to end at 4,397.94.The particularly harsh drop on the NASDAQ was fueled by a weak earnings report from Netflix, which set off a cascade of selling pressure among the other markets.Surging bond prices also drove the markets lower, exacerbating interest rate concerns; most analysts believe a rate hike of at least 25 basis points from the FOMC is imminent in March.Oil prices fell finished lower on Friday for the second straight session, although they came up from session lows. Crude's correction continued after touching a seven-year high earlier in the week on demand optimism and short-term supply disruptions. West Texas Intermediate crude futures were down 0.86 percent at $84.81 per barrel after falling as much as 3.2 percent earlier.Closer to home, Singapore will release December figures for consumer prices later today, with forecasts suggesting an annual increase of 3.75 percent overall and 1.7 percent for core CPI. That follows the 3.8 percent overall increase and the 1.6 percent gain for core CPI in November.","news_type":1},"isVote":1,"tweetType":1,"viewCount":768,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9053265878,"gmtCreate":1654557745794,"gmtModify":1676535466413,"author":{"id":"3572121077252830","authorId":"3572121077252830","name":"PMeng","avatar":"https://static.itradeup.com/news/58c995f8b66a875be9f8793225a7a80f","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572121077252830","idStr":"3572121077252830"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9053265878","repostId":"2241906747","repostType":2,"repost":{"id":"2241906747","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1654556701,"share":"https://ttm.financial/m/news/2241906747?lang=&edition=fundamental","pubTime":"2022-06-07 07:05","market":"us","language":"en","title":"US STOCKS-Wall St Ends up with Growth Stocks, but Inflation Fears Linger","url":"https://stock-news.laohu8.com/highlight/detail?id=2241906747","media":"Reuters","summary":"* Amazon.com, other megacap stocks gain* All eyes on U.S. CPI report later this week* Didi surges on","content":"<html><head></head><body><p>* Amazon.com, other megacap stocks gain</p><p>* All eyes on U.S. CPI report later this week</p><p>* Didi surges on report China to conclude regulatory probe</p><p>NEW YORK, June 6 (Reuters) - U.S. stocks ended slightly higher on Monday with gains in Amazon.com and other mega-cap growth shares offset by persistent worries over inflation.</p><p>Shares of Amazon.com Inc    rose in the stock&#39;s first day of trading after adjusting to a 20-for-1 split.</p><p>A solid jobs report on Friday lowered hopes of a pause in the Federal Reserve&#39;s aggressive policy-tightening plan.</p><p>Investors are keeping a close eye on inflation data, with a U.S. consumer price index report on Friday expected to show still-high inflation.   U.S. Treasury yields rose on Monday.</p><p>&#34;There&#39;s been a push-pull in the markets now for a while,&#34; said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.</p><p>The jobs report was evidence that &#34;the economy is still in OK shape,&#34; he said. But &#34;with inflation running kind of high and commodity prices still rising and putting in new all-time highs, maybe that peak of inflation is still in that ethereal future.&#34;</p><p>Helping sentiment were easing regulatory crackdowns in China and signs in parts of China of a return to more normal activity after the country&#39;s biggest COVID-19 outbreak in two years.</p><p>According to preliminary data, the S&amp;P 500 gained 12.38 points, or 0.30%, to end at 4,120.92 points, while the Nasdaq Composite    gained 53.25 points, or 0.44%, to 12,059.82. The Dow Jones Industrial Average rose 21.75 points, or 0.07%, to 32,921.45.</p><p><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc    shares slipped after billionaire Elon Musk said he might walk away from his buyout offer if the social media company fails to provide data on spam and fake accounts.</p><p>Didi Global Inc  jumped after a report that Chinese regulators were preparing as early as this week to allow the ride-hailing firm&#39;s mobile app back on domestic app stores.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Ends up with Growth Stocks, but Inflation Fears Linger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Ends up with Growth Stocks, but Inflation Fears Linger\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-06-07 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Amazon.com, other megacap stocks gain</p><p>* All eyes on U.S. CPI report later this week</p><p>* Didi surges on report China to conclude regulatory probe</p><p>NEW YORK, June 6 (Reuters) - U.S. stocks ended slightly higher on Monday with gains in Amazon.com and other mega-cap growth shares offset by persistent worries over inflation.</p><p>Shares of Amazon.com Inc    rose in the stock&#39;s first day of trading after adjusting to a 20-for-1 split.</p><p>A solid jobs report on Friday lowered hopes of a pause in the Federal Reserve&#39;s aggressive policy-tightening plan.</p><p>Investors are keeping a close eye on inflation data, with a U.S. consumer price index report on Friday expected to show still-high inflation.   U.S. Treasury yields rose on Monday.</p><p>&#34;There&#39;s been a push-pull in the markets now for a while,&#34; said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.</p><p>The jobs report was evidence that &#34;the economy is still in OK shape,&#34; he said. But &#34;with inflation running kind of high and commodity prices still rising and putting in new all-time highs, maybe that peak of inflation is still in that ethereal future.&#34;</p><p>Helping sentiment were easing regulatory crackdowns in China and signs in parts of China of a return to more normal activity after the country&#39;s biggest COVID-19 outbreak in two years.</p><p>According to preliminary data, the S&amp;P 500 gained 12.38 points, or 0.30%, to end at 4,120.92 points, while the Nasdaq Composite    gained 53.25 points, or 0.44%, to 12,059.82. The Dow Jones Industrial Average rose 21.75 points, or 0.07%, to 32,921.45.</p><p><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc    shares slipped after billionaire Elon Musk said he might walk away from his buyout offer if the social media company fails to provide data on spam and fake accounts.</p><p>Didi Global Inc  jumped after a report that Chinese regulators were preparing as early as this week to allow the ride-hailing firm&#39;s mobile app back on domestic app stores.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2241906747","content_text":"* Amazon.com, other megacap stocks gain* All eyes on U.S. CPI report later this week* Didi surges on report China to conclude regulatory probeNEW YORK, June 6 (Reuters) - U.S. stocks ended slightly higher on Monday with gains in Amazon.com and other mega-cap growth shares offset by persistent worries over inflation.Shares of Amazon.com Inc    rose in the stock's first day of trading after adjusting to a 20-for-1 split.A solid jobs report on Friday lowered hopes of a pause in the Federal Reserve's aggressive policy-tightening plan.Investors are keeping a close eye on inflation data, with a U.S. consumer price index report on Friday expected to show still-high inflation.   U.S. Treasury yields rose on Monday.\"There's been a push-pull in the markets now for a while,\" said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.The jobs report was evidence that \"the economy is still in OK shape,\" he said. But \"with inflation running kind of high and commodity prices still rising and putting in new all-time highs, maybe that peak of inflation is still in that ethereal future.\"Helping sentiment were easing regulatory crackdowns in China and signs in parts of China of a return to more normal activity after the country's biggest COVID-19 outbreak in two years.According to preliminary data, the S&P 500 gained 12.38 points, or 0.30%, to end at 4,120.92 points, while the Nasdaq Composite    gained 53.25 points, or 0.44%, to 12,059.82. The Dow Jones Industrial Average rose 21.75 points, or 0.07%, to 32,921.45.Twitter Inc    shares slipped after billionaire Elon Musk said he might walk away from his buyout offer if the social media company fails to provide data on spam and fake accounts.Didi Global Inc  jumped after a report that Chinese regulators were preparing as early as this week to allow the ride-hailing firm's mobile app back on domestic app stores.","news_type":1},"isVote":1,"tweetType":1,"viewCount":531,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903433656,"gmtCreate":1659058102475,"gmtModify":1676536251625,"author":{"id":"3572121077252830","authorId":"3572121077252830","name":"PMeng","avatar":"https://static.itradeup.com/news/58c995f8b66a875be9f8793225a7a80f","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572121077252830","idStr":"3572121077252830"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903433656","repostId":"2255370457","repostType":2,"repost":{"id":"2255370457","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1659048577,"share":"https://ttm.financial/m/news/2255370457?lang=&edition=fundamental","pubTime":"2022-07-29 06:49","market":"us","language":"en","title":"Roku Withdraws Forecast for Annual Revenue Growth Rate, Shares Tumble","url":"https://stock-news.laohu8.com/highlight/detail?id=2255370457","media":"Reuters","summary":"July 28 (Reuters) - Roku Inc posted a wider-than-expected quarterly loss on Thursday and withdrew it","content":"<html><head></head><body><p>July 28 (Reuters) - Roku Inc posted a wider-than-expected quarterly loss on Thursday and withdrew its revenue growth rate estimate for the year as the current economic turmoil squeezes its ad business, sending the streaming platform&#39;s shares down more than 25%.</p><p><img src=\"https://static.tigerbbs.com/8bf9f2950ef1bb585453d80986116a05\" tg-width=\"856\" tg-height=\"620\" width=\"100%\" height=\"auto\"/></p><p>While inflationary pressures and fears of a recession have forced advertisers to make cuts to their marketing budgets this year, increasing competition has also added to the headaches of companies selling online ads.</p><p>California-based Roku, which issued a downbeat revenue forecast for the current quarter, was also hit by consumers tightening their spending amid soaring food and fuel prices.</p><p>&#34;We are facing an increasingly difficult and uncertain environment. Recessionary fears, inflationary pressures, rising interest rates and ongoing supply chain issues will continue to impact both consumers and advertisers,&#34; Chief Financial Officer Steve Louden told analysts on a call.</p><p>Roku&#39;s dismal forecast mirrors updates from major tech firms including Snapchat-parent Snap Inc and Twitter Inc, which have warned of a slowdown in the ad market over the next few quarters.</p><p>Facebook-parent Meta Platforms also took a hit from slowing ad sales, forcing it to issue a grim forecast and record its first ever quarterly drop in revenue on Wednesday.</p><p>In contrast to Roku, the world&#39;s largest streaming service, Netflix Inc, said last week it was expecting to return to customer growth in the third quarter and that it planned to launch its ad-supported option next year.</p><p>Roku&#39;s total net revenue rose more than 18% to $764.4 million for the second quarter ended June 30, but failed to match analysts&#39; estimates of $805.2 million, according to Refinitiv IBES data.</p><p>It also reported a loss of 82 cents per share, wider than the 69-cent per-share loss that analysts had expected.</p><p>The company projected current-quarter revenue to grow 3% to $700 million, lower than the $901.7 million estimated by analysts.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Roku Withdraws Forecast for Annual Revenue Growth Rate, Shares Tumble</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoku Withdraws Forecast for Annual Revenue Growth Rate, Shares Tumble\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-07-29 06:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>July 28 (Reuters) - Roku Inc posted a wider-than-expected quarterly loss on Thursday and withdrew its revenue growth rate estimate for the year as the current economic turmoil squeezes its ad business, sending the streaming platform&#39;s shares down more than 25%.</p><p><img src=\"https://static.tigerbbs.com/8bf9f2950ef1bb585453d80986116a05\" tg-width=\"856\" tg-height=\"620\" width=\"100%\" height=\"auto\"/></p><p>While inflationary pressures and fears of a recession have forced advertisers to make cuts to their marketing budgets this year, increasing competition has also added to the headaches of companies selling online ads.</p><p>California-based Roku, which issued a downbeat revenue forecast for the current quarter, was also hit by consumers tightening their spending amid soaring food and fuel prices.</p><p>&#34;We are facing an increasingly difficult and uncertain environment. Recessionary fears, inflationary pressures, rising interest rates and ongoing supply chain issues will continue to impact both consumers and advertisers,&#34; Chief Financial Officer Steve Louden told analysts on a call.</p><p>Roku&#39;s dismal forecast mirrors updates from major tech firms including Snapchat-parent Snap Inc and Twitter Inc, which have warned of a slowdown in the ad market over the next few quarters.</p><p>Facebook-parent Meta Platforms also took a hit from slowing ad sales, forcing it to issue a grim forecast and record its first ever quarterly drop in revenue on Wednesday.</p><p>In contrast to Roku, the world&#39;s largest streaming service, Netflix Inc, said last week it was expecting to return to customer growth in the third quarter and that it planned to launch its ad-supported option next year.</p><p>Roku&#39;s total net revenue rose more than 18% to $764.4 million for the second quarter ended June 30, but failed to match analysts&#39; estimates of $805.2 million, according to Refinitiv IBES data.</p><p>It also reported a loss of 82 cents per share, wider than the 69-cent per-share loss that analysts had expected.</p><p>The company projected current-quarter revenue to grow 3% to $700 million, lower than the $901.7 million estimated by analysts.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255370457","content_text":"July 28 (Reuters) - Roku Inc posted a wider-than-expected quarterly loss on Thursday and withdrew its revenue growth rate estimate for the year as the current economic turmoil squeezes its ad business, sending the streaming platform's shares down more than 25%.While inflationary pressures and fears of a recession have forced advertisers to make cuts to their marketing budgets this year, increasing competition has also added to the headaches of companies selling online ads.California-based Roku, which issued a downbeat revenue forecast for the current quarter, was also hit by consumers tightening their spending amid soaring food and fuel prices.\"We are facing an increasingly difficult and uncertain environment. Recessionary fears, inflationary pressures, rising interest rates and ongoing supply chain issues will continue to impact both consumers and advertisers,\" Chief Financial Officer Steve Louden told analysts on a call.Roku's dismal forecast mirrors updates from major tech firms including Snapchat-parent Snap Inc and Twitter Inc, which have warned of a slowdown in the ad market over the next few quarters.Facebook-parent Meta Platforms also took a hit from slowing ad sales, forcing it to issue a grim forecast and record its first ever quarterly drop in revenue on Wednesday.In contrast to Roku, the world's largest streaming service, Netflix Inc, said last week it was expecting to return to customer growth in the third quarter and that it planned to launch its ad-supported option next year.Roku's total net revenue rose more than 18% to $764.4 million for the second quarter ended June 30, but failed to match analysts' estimates of $805.2 million, according to Refinitiv IBES data.It also reported a loss of 82 cents per share, wider than the 69-cent per-share loss that analysts had expected.The company projected current-quarter revenue to grow 3% to $700 million, lower than the $901.7 million estimated by analysts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":761,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}