Tag: RBLX

Tech

Roblox Reports Disappointing Q1 2022 Results, RBLX Stock Tanks 10%

05/11/2022
Bitcoin Ethereum News

The pandemic-driven demand for Roblox has cooled down which has resulted in some pressure on its revenue stream. Roblox says its will explore opportunities in the “metaverse” theme. On Tuesday, May 10...

Finance

Roblox accused of deceptive marketing: Pro says avoid RBLX

04/20/2022
Bitcoin Ethereum News

Shares of Roblox Corp (NYSE: RBLX) are down nearly 15% after an ad watchdog accused the video game developer of deceptive marketing in a letter to the Federal Trade Commission (FTC). Carter Worth is b...

Finance

As Oil Briefly Dips Below $100, Russia and Europe Play a Game of Chicken

04/02/2022
Bitcoin Ethereum News

U.S. oil prices briefly dipped below $100 barrel Friday, as President Joe Biden’s plan to release one million barrels a day of reserves began to have the desired effect. But it’s premature to start th...

Finance

Roblox Stock Halved This Year. These Analysts Say Estimates Are ‘Too High.’

04/01/2022
Bitcoin Ethereum News

A wave of metaverse excitement for Roblox shares evaporated in recent months amid slowing domestic user growth trends and concerns about profitability. Courtesy of Roblox Text size A wave of metaverse...

Finance

Metaverse May Be Worth $13 Trillion, Citi Says. What’s Behind Its Bullish Take.

03/31/2022
Bitcoin Ethereum News

Text size Citi’s vision of the metaverse goes beyond gaming and virtual reality. Sergio Flores/AFP via Getty Images Citi is the latest Wall Street player to issue a bullish forecast for web3 and...

Finance

Stock market faces the most ‘massive misallocation’ of ‘capital in the history of mankind,’ says ARK’s Cathie Wood

02/17/2022
Bitcoin Ethereum News

Cathie Wood, the star fund manager and chief executive of ARK Invest, took to CNBC to defend the woeful performance of the manager’s suite of disruptive innovation funds. Wood told the business networ...

Finance

Shopify Stock Tumbles After Forecasting Slower Revenue Growth

02/16/2022
Bitcoin Ethereum News

Shares of Shopify Inc. tumbled 16% Wednesday, after the e-commerce software provider told investors that the forces that made it one of the biggest winners of the Covid-19 pandemic are starting to slo...

Finance

Cathie Wood Is Sticking With ARK’s “Super Growth” Stocks–and Avoiding the FAANGs

02/04/2022
Bitcoin Ethereum News

Opinions on Cathie Wood run strong. “She knows nothing more than anyone else,” one reader all-capped me in an email this past week. I think value investors have been waiting so long for a momentum-sto...

Finance

Roblox stock drops after pulling down China app for retooling

01/07/2022
Bitcoin Ethereum News

Roblox Corp. shares dropped Friday following a report that the social-gaming company’s app in China will be unavailable for an undetermined period after being shut down in December. Roblox RBLX, -5.41...