Browsing: Cuts

Investing.com — Jefferies downgraded Roblox to Underperform from Hold in a note on Monday, telling investors that the stock’s 30% rally since second-quarter results reflects overly optimistic expectations for bookings over the next 12 months.

Jefferies slashed Roblox to Underperform with a $38 target, sending RBLX down 6% on warnings the post-earnings rally overpriced its bookings recovery.

Jefferies just put a target on Roblox that sits well below where shares are trading, and the rest of the gaming group barely flinched. Whether the firm has correctly read Roblox’s bookings path will determine if today’s selloff is just…

Flutter Entertainment (FLUT) is down 4.4% today. Here is some analysis on what might have caused this price movement.

Gamers walk past the XBOX booth during the Gamescom 2026 computer gaming fair at Koelnmesse on August 27, 2026 in Cologne, Germany. (Photo: Andreas Rentz

Valve is finally launching its VR headset ‘Steam Frame,’ after remaining silent for nearly a year. Following the ‘Steam Machine,’ this completes the final puzzle of the three-hardware lineup slated for release this summer. The 256GB model is priced at $1,059 (approx. 1.43 million won) and comes with Half-Life: Alyx for free.

FuturLab has laid off seven employees following the cancellation of a project unrelated to PowerWash Simulator.

Fox News Media has parted ways with anchor Maria Bartiromo, a veteran news personality who is a central figure in two defamation cases against the company.

Maria Bartiromo, longtime anchor for Fox News, is out at the network after more than 12 years.

Nintendo eShop Blockbuster Sale Cuts Mortal Kombat, Darksiders 2 to Record Lows – GamesReviews.com