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Market participants also expect Beijing to implement targeted stimulus measures to support its flagging economy, likely boosting oil demand in the world’s No. 2 consumer.
Source: https://www.shorenewsnetwork.com/2023/07/23/oil-rally-takes-a/
Market participants are likely assessing higher execution risks from Q4, potentially putting Roku's adjusted EBITDA profitability push at risk.
Market participants have witnessed how this rate "cycle" has been different and that leaves the door open for more uncertainty.