The race to build the metaverse has put two innovative platforms in the spotlight, Roblox Corporation RBLX and Unity Software Inc. U. While Roblox has created a thriving user-generated gaming ...
As Apple (NASDAQ:AAPL) and Meta Platforms (NASDAQ:META) battle their way into the Metaverse, it's easy to forget about Roblox (NASDAQ:RBLX), a metaverse play that's already proven how lucrative the ...
Because of that timing issue, Roblox’s income statement is a sea of red. In the third quarter, the company lost $256 million ...
Roblox, a global game platform, has a good track of growth that is unfortunately coupled with high costs related to research and development, leading to large earnings losses. The metaverse ...
Roblox (NASDAQ:RBLX) stock has been stuck in a funk ever since shares fell in late 2021 and early 2022. It was a steep sell-off that set the stage for a broader pullback across various high-tech ...
Investment analyst Clay Griffin of MoffettNathanson, a boutique research firm, has expressed scepticism about Roblox's metaverse vision in a new report. Griffin suggests Roblox's vision for the future ...
Roblox shares slid more than 20% in early trading, as the gaming giant dialed back its forecasts for growth and first-quarter earnings showed player spending is slowing. Average daily active users ...
Roblox has seen a 60% stock surge in six months, but its current valuation appears fair, with a 13% WACC and 30% FCF growth needed. The platform's user-generated content model and expanding 13+ ...
Today at 6 p.m. EST, the Logan Square-based science center is launching an immersive Roblox experience called CurioCity. The Franklin Institute partnered with MELON, a metaverse development company, ...
It looks like the metaverse is doing okay. No, not the one Meta is trying to make happen in VR — the gaming platform Roblox is where the kids are still spending their money, apparently. After ...
Deepening its relationship with Roblox, Forever 21 unveiled the F21 Metaverse Collection, the retailer’s first metaverse-inspired fashion collection, in celebration of its first year on Roblox, the ...
Roblox users can pose for photos on a virtual recreation of the VMAs red carpet in the metaverse. Walking the red carpet at the annual MTV Video Music Awards is an exclusive honor reserved for ...