Roku Is Being Acquired. Here's What Investors Need to Know.
Key takeaways
- Danny Vena, CPA, The Motley Fool Tue, June 16, 2026 at 12:28 AM GMT+7 4 min read ROKU FOX NVDA Rumors were swirling late last week that Roku (NASDAQ:ROKU) had put itself on the auction block.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
- A joint press release dropped Monday morning, revealing that Roku had agreed to be acquired by Fox Corporation (NASDAQ:FOXA) (NASDAQ:FOX) in a deal that s sure to shake up the media space.
Danny Vena, CPA, The Motley Fool Tue, June 16, 2026 at 12:28 AM GMT+7 4 min read ROKU FOX NVDA Rumors were swirling late last week that Roku (NASDAQ:ROKU) had put itself on the auction block. The scuttlebutt suggested that the company was in talks to be acquired by a major U.S. media company, according to Bloomberg, citing "people with knowledge of the matter." Those reports sent the stock up 20% on Friday, as investors considered the ramifications of a potential tie-up.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Turns out those rumors were well-founded. A joint press release dropped Monday morning, revealing that Roku had agreed to be acquired by Fox Corporation (NASDAQ:FOXA) (NASDAQ:FOX) in a deal that s sure to shake up the media space.