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Trump’s Hatred Besides his war on the democratic process, President Trump is also going after apps with ties to China. According to the Wall Street Journal, the lame duck president – just a day before he incited a massive protest in which crowds stormed the US Capitol – signed an executive order Tuesday banning transactions with eight Chinese-connected apps, including the Alipay payment platform owned by Chinese billionaire Jack Ma’s Ant Group Co. and apps owned by Chinese tech giant Tencent Holdings Ltd. Trump said the apps can access private information from their users and could be...

Stratasys Limited (SSYS Stock Report)Top Tech Stocks To Watch This Week #1: Roku Inc Streaming titan Roku (NASDAQ: ROKU) has seen its share prices rise by over 170% in the past year. It has become one of the top tech companies on the stock market now partly because of coronavirus tailwinds. With consumers spending more time binge-watching TV at home, this is no surprise. In fact, ROKU stock jumped by over 10% during yesterday’s trading session. Could this be a sign of what lies ahead for the company? Let’s take a closer look. On January 6, Roku announced that it had surpassed 50 mil...

| 07 January 2021 Providing evidence of just how strongly the company has grown over the last twelve months and the general pivot to streaming, online video platform provider Roku has revealed in preliminary estimated data it has hit a total of 51.2 million active accounts worldwide, with an additional 14 million active accounts in 2020 alone. In the study calculated for the fourth quarter ending 31 December 2020, the company also announced an estimated 17 billion streaming hours in the fourth quarter for a total of 58.7 billion hours in 2020, an increase of 55% year over year fo...

Dreamstime Roku stock jumped on Thursday, the same day an analyst proclaimed the company the winner of the so-called streaming wars in America. Needham’s Laura Martin raised her Roku (ticker: ROKU) price target to $400 from $315 in a note, maintaining a Buy rating. “Investors often ask us to pick winners [versus] losers in the streaming space,” she wrote. “What’s clear to us from 2020 is that ROKU has won the streaming wars in the US.” Roku sells devices that allow users to access streaming services, but most of its sales growth potential comes from cuts of adve...

Roku Users Streamed Nearly 60 Billion Hours in 2020 Roku’s stock surged throughout the year in 2020, trading at about $120 a share on the first day of 2020 and reaching about $326 a share as of Wednesday. Roku, it’s clear, had a huge year in 2020. The pandemic drove users both to streaming and to purchasing new smart TVs and devices, and in that process, many of them turned to the Roku platform. On Wednesday, Roku put out what it described as preliminary data, showing just how well they did in the fourth quarter, as well as on the year. It appeared the announcement was timed to Roku reach...