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Communications-services companies rose sharply as one digital streaming firm rallied. Roku shares surged 10% after the streaming and set-top box company struck a partnership deal with Amazon.com in a ...

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Roku stock jumps as new ad partnership with Amazon promises wider reach and stronger ad revenue growth amid CTV competition.

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Is Roku's new deal with Amazon a game changer for streaming ads? Find out how the market reacted and what to watch next.

Shares of Roku jumped after the company teamed with Amazon.com to give advertisers access to more than 80% of internet-connected TVs in the U.S. The stock was up 7.7% at $80.16 in midday trading.