Browsing: Metaverse & Virtual Worlds

Roblox’s Q2 revenue grew 36% to $1.5 billion, while bookings rose 8% to $1.6 billion, near the low end of guidance. Daily active users increased 10% to 123 million, and free cash flow jumped 66% to $294 million.

Roblox Corporation(NYSE:RBLX) shares are trading lower Friday after the company reported second-quarter earnings on Thursday after the market closed.

Roblox shares plunged nearly 30% on Friday, putting the gaming platform on track for its biggest one-day stock decline on record after the company warned that changes to its recommendation system are weighing on in-game spending.

Dexter Clark does not have a posting schedule. He has a game studio, and the distinction matters.

In a single Friday morning session, Roblox Corporation (NYSE: RBLX) lost more than one-fifth of its value after two of Wall Street’s top-rated gaming analysts simultaneously issued Sell ratings — and Benchmark’s Mike Hickey used language that went well beyond a typical post-earnings downgrade, describing the platform as potentially entering “lifecycle decline.” The stock was…

The futures are trading higher as we get set to wrap up one of the wildest weeks on Wall Street in some time. Following a massive 1100-point DJIA sell-off, we got a Thursday snapback rally that made heads spin and erased much of the mid-week losses. Some big numbers from Microsoft Corporation (NASDAQ: MSFT |…

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock’s price. Do they really matter, though?

Next week, members of the Roblox InfoSec team will gather with some of the world’s leading researchers in Las Vegas for BSidesLV, Black Hat, and DEF CON, also known as Hacker Summer Camp. Our InfoSec team will share a glimpse into new research around AI agents pushing credentials to public repositories, building our own agentic…

Roblox RBLX had a terrible second quarter across virtually every engagement and payment metric, resulting in bookings growing only 8% year over year, after averaging at least 19% each quarter since 2022 and 55% last year. Management expects the third quarter to be weak and suspended full-year guidance.

Fortnite scam pages like the ones below appear by the dozen every day, recycled endlessly under different names and designs.