Roku warns of ad-supported streaming competition, stock slides

) stock is trading lower on Friday as the company cautioned that the financial advantages stemming from price hikes are beginning to dissipate. The streamer also warned that heightened competition in the ad-supported streaming space could create a significant headwind.Momentum is underway for these two Canadian stocks, and yet both still trade at share prices that are quite low given their future growth.

Many retail investors got in when the company was a cornerstone of PC gaming, but the rise of AI has supercharged returns for longtime bulls.Shares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall on record on Thursday after the company reported a wider-than-expected quarterly loss, highlighting its struggles with the EV rental business. Higher repair costs also weighed on the company's overall fleet maintenance expenses.

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