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Delayed 15 min · 19:00 GMT

FLASH

Moderna lifts 2026 growth outlook to 15–25% after 29% Q3 jump Panama’s $8.5B Bet: The Canal That Wants to Be More Than a Canal Microsoft reportedly winds down Oracle AI-computing deal; Oracle falls 4% Up 1,500, down 1,800: Wall Street’s wildest week since the 2025 tariff crash Fox closes $22B Roku takeover months ahead of schedule Nikkei, Kospi plunge 6% as AI crash spreads to Asia Nasdaq crashes 5.5% as $2.5 trillion vanishes in AI rout Europe’s Stoxx 600 hits record as money rotates out of AI Toyota soars 16.7%, raises profit forecast 15% on hybrids, weak yen Europe’s defence darling, Rheinmetall, plunges 16% after second sales cut in three months

Moderna lifts 2026 growth outlook to 15–25% after 29% Q3 jump Panama’s $8.5B Bet: The Canal That Wants to Be More Than a Canal Microsoft reportedly winds down Oracle AI-computing deal; Oracle falls 4% Up 1,500, down 1,800: Wall Street’s wildest week since the 2025 tariff crash Fox closes $22B Roku takeover months ahead of schedule Nikkei, Kospi plunge 6% as AI crash spreads to Asia Nasdaq crashes 5.5% as $2.5 trillion vanishes in AI rout Europe’s Stoxx 600 hits record as money rotates out of AI Toyota soars 16.7%, raises profit forecast 15% on hybrids, weak yen Europe’s defence darling, Rheinmetall, plunges 16% after second sales cut in three months

Intelligence

Fox closes $22B Roku takeover months ahead of schedule

Fox Corp. said Friday it has closed the acquisition of streaming platform Roku, a deal valued at $22 billion, well ahead of the expected 2027 date. The combined company becomes a top-three US TV player and a major force in free, ad-supported streaming.

News | 7 November 2026

Fox closes $22B Roku takeover months ahead of schedule

Fox Corp. has completed its $22 billion acquisition of Roku, closing the cash-and-stock deal months ahead of its original first-half 2027 target after the US Justice Department ended its antitrust review.

Announced in June, the deal was originally slated to close in H1 2027. The Justice Department on Friday said it had closed an antitrust investigation into the merger deal, finding that it was unlikely to harm competition.

Roku shareholders get $95.30 in cash plus 0.9799 Fox Class A shares per share, leaving them with about 26% of the combined company. Roku has been delisted from Nasdaq.

The deal puts Fox’s live sports and news alongside Roku’s platform, which reaches more than 100 million households, and Roku now sits next to Tubi in a new Fox Digital Platforms division.

Fox expects about $400 million in cost savings within two years.