Today: 30 June 2026
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NASDAQ:FOXA 13 August 2025 - 16 June 2026

Fox sinks following $22 billion Roku deal as streaming stocks get sold off

Fox sinks following $22 billion Roku deal as streaming stocks get sold off

Fox Corporation stock skidded after the company said it will buy Roku. Fox execs called it a streaming deal, but investors dumped the stock. Fox Class A slid 16.8% and finished at $54.76, losing $11.09. Class B lost 15.2% and closed at $49.96. Fox lost billions in market cap with a buyout that’s about as big as the company itself. Fox is putting up $96 in cash and 0.9693 Fox Class A shares per Roku share, valuing the deal at $160 a share. Roku’s enterprise value, counting debt and equity, comes in around $22 billion. Fox plans to merge its Tubi, sports, news, and entertainment businesses with Roku’s connected-TV assets, including The Roku Channel and data operations. The move would push Fox's streaming footprint to over 100 million homes, according to the company. “A defining moment for FOX,” CEO Lachlan Murdoch said. Fox is targeting a close in the first half of 2027, with the deal subject to shareholder and regulatory sign-off.
S&P 500, Nasdaq Post Gains After Close; Oil Drops on U.S.-Iran Deal

S&P 500, Nasdaq Post Gains After Close; Oil Drops on U.S.-Iran Deal

U.S. stocks jumped Monday with an early U.S.-Iran framework stirring hopes the Strait of Hormuz might reopen soon for oil shipping. Reuters, citing LSEG data, showed the Nasdaq on top as money returned to growth stocks. The Dow hit an intraday high after crude prices slid and traders dialed back inflation bets. Brent crude slid 4.8% to $83.17 a barrel, AP reported, cutting pressure on companies facing high fuel costs and making it easier for the Federal Reserve to hold off on tougher rate hikes. Oil prices feed right into inflation, corporate expenses and interest-rate calls. “Markets are higher on a classic relief rally,” said Gene Goldman, chief investment officer at Cetera Investment Management, to Reuters.
Fox Shares Slip After $22 Billion Roku Deal Sparks Debt, Dilution Fears

Fox Shares Slip After $22 Billion Roku Deal Sparks Debt, Dilution Fears

New York, June 15, 2026, 15:05 ET. Fox Corporation shares tumbled Monday after the company announced a plan to buy Roku for roughly $22 billion in enterprise value. Fox Class A traded down $10.90 at $54.95. Fox Class B was last at $49.99, off $8.93. Roku traded at $142.11, well under the $160 per share deal price. That suggests the market sees some risk to the deal closing.
USDA Just Changed SNAP Store Rules: What Retailers Must Stock by Fall

USDA Just Changed SNAP Store Rules: What Retailers Must Stock by Fall

The U.S. Department of Agriculture on Thursday locked in new rules that force retailers taking SNAP food benefits to stock a broader selection of staple foods—a change set to impact convenience stores, small grocers, bodegas, and supermarkets enrolled in the federal food-aid program. SNAP, short for the Supplemental Nutrition Assistance Program, provides food support for low-income American households. The timing comes as the Trump administration moves to tighten links between food benefits, nutrition, and stricter oversight of retailers. USDA says the new rule will kick in this fall, and more guidance for stores is on deck in the coming weeks. Fox-owned KTVU noted the agency has pointed to recent enforcement tied to abuse and stocking violations involving SNAP.
Stimulus Checks Update Today, November 25, 2025: No New IRS Payment — But State “Relief Checks” and Tariff Dividend Debate Heat Up

Stimulus Checks Update Today, November 25, 2025: No New IRS Payment — But State “Relief Checks” and Tariff Dividend Debate Heat Up

Households across the U.S. are once again asking the same question: “Is there a new stimulus check coming?”As of today, November 25, 2025, the answer at the federal level is still no — but there are real payments going out from states and local guaranteed‑income programs, and a high‑stakes fight in Washington over a proposed $2,000 “tariff dividend” check for 2026. Let’s separate today’s hard facts from the internet rumor factory.
25 November 2025
Chips, Space & Cyber Scares: Inside August 28–29, 2025’s Biggest Tech Bombshells

Chips, Space & Cyber Scares: Inside August 28–29, 2025’s Biggest Tech Bombshells

U.S. Bets Big on Intel’s Chips: In a dramatic government intervention, Intel confirmed it received $5.7 billion in cash on Aug. 27 as part of a U.S.-negotiated deal for a 10% stake in the company reuters.com. The investment – orchestrated by President Donald Trump – is meant to ensure Intel retains control of its contract chip manufacturing business on American soil reuters.com. Intel CFO David Zinsner said the government also secured warrants for an extra 5% stake if Intel ever spun off its foundry, but he downplayed that scenario: “I don’t think there’s a high likelihood that we would take our stake below 50%… ultimately, I would expect to expire worthless,” Zinsner noted reuters.com. The White House stressed the deal is still being finalized by the Commerce Department reuters.com, but the cash infusion – alongside Intel’s recent $2 billion stake sale to SoftBank – gives the struggling chipmaker breathing room to invest in next-gen fabs. The stake news sent a signal of government’s strategic backing as Intel races to catch up to TSMC and Samsung in advanced chips. Samsung Teases New Galaxy Devices: On Aug. 28, Samsung officially invited media to a September 4 launch event where it will introduce
Tech Shockers: Space Force Rocket Triumph, Massive Data Leaks & Gadget Surprises (Aug 12–13, 2025)

Tech Shockers: Space Force Rocket Triumph, Massive Data Leaks & Gadget Surprises (Aug 12–13, 2025)

United Launch Alliance successfully launched its first operational Vulcan rocket, carrying two satellites on a U.S. Space Force mission Spaceflightnow. This USSF-106 flight marks the Vulcan’s debut as a fully certified national security launcher, slated to replace ULA’s Atlas V and Delta IV rockets Spaceflightnow. The 198-foot Vulcan, boosted by four solid boosters and Blue Origin’s BE-4 engines, thundered off the pad at Cape Canaveral, reaching geosynchronous transfer orbit. “This mission is headed directly to geosynchronous orbit and will be one of our longest missions to date,” said ULA VP Gary Wentz, noting Vulcan was “purposely designed to support these [direct-to-geo] missions” for the Space Force Spaceflightnow. The successful launch is a major milestone for ULA as it pivots to an all-Vulcan fleet in competition with SpaceX’s Falcon rockets Spaceflightnow. Google offered an early peek at its next flagship foldable. In a surprise move, Google released a teaser video for the Pixel 10 Pro Fold, a week ahead of its official launch event Theverge. The brief clip shows a device resembling the Pixel 9 Fold with a large inner display and triple-camera bar, coming in a sleek gray finish Theverge. While specs remain under wraps, the teaser confirms Google’s foldable

Stock Market Today

  • S&P 500 Rally Draws 2000 Parallels as AI Stocks Surge, Sparking Bear Market Talk
    June 29, 2026, 9:58 PM EDT. The S&P 500 is on a bull run that started back in October 2022, pushing 20 companies to record highs-many tied to artificial intelligence. Bank of America's Michael Hartnett compared the rally to the internet bubble of 2000, pointing to Shiller P/E ratios above 40, a mark seen only a few times in more than a century. There's no guarantee of a crash, but the market is touchy on bad news. Rising interest rates, expected into 2026 by Fed's Neel Kashkari, could hit the rally. Some experts say investors should look at diversifying away from tech in case a bear market hits.
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