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1 min read
Roblox sinks after short-seller slams online gaming platform for 'lying to investors' about key metrics
Roblox fell as much as 9.4% as the short-seller Hindenburg Research said the popular gaming company…
Filip De Mott,Jordan Hart
4 mins read
Why Roblox investors are shrugging off a blistering short-seller report
Roblox dropped 10% after Hindenburg accused it of inflating user numbers. But the stock rebounded, …
Lucia Moses
3 mins read
I don't let my child use Roblox. Here's why.
Roblox is the target of a short-seller that accuses it of being unsafe for kids. It disagrees. I do…
Katie Notopoulos
5 mins read
The stock market has officially enjoyed a bull rally for over two years. So now what?
Experts don't see the stock market's bull rally slowing down anytime soon.
Dan DeFrancesco
2 mins read
Stock market today: Tech rally leads stocks higher as oil prices plunge and earnings kick off
The market rebounded from Monday's losing session as oil prices plunged 4% and tech stocks gained g…
Filip De Mott
1 min read
IKEA will pay you real, honest-to-god money to work in its virtual Roblox store
Ten players will get IKEA's hourly wage in London to serve virtual meatballs inside the game or red…
Geoff Weiss
2 mins read
The government is now monitoring online stores in games like Roblox and Fortnite for their 'buyer beware' approach
The Consumer Financial Protection Bureau is monitoring video game stores, which it says do not prot…
Kenneth Niemeyer
1 min read
Roblox shares soar 27% as gains in users and virtual currency purchases lift quarterly results
"Growth was strong across all geographies and age groups with particular strength among users above…
Filip De Mott
1 min read
Roblox jumps to 2-month high as the games platform posts rise in monthly bookings
Roblox said estimated bookings - its way of monitoring revenue from its Robux currency - rose by up…
Carla Mozée
2 mins read
SVB depositors including Roku and Roblox are under scrutiny from Elizabeth Warren and AOC for their 'unusually cozy' relationships with the failed bank
"The American people deserve to know how these mutual backscratching arrangements developed," Warre…
Carla Mozée
2 mins read
Roblox orders staff back to the office 3 days a week – or resign
Roblox CEO David Baszucki said virtual workspaces are not as "engaging, collaborative, and producti…
Sawdah Bhaimiya
2 mins read
Cathie Wood's Ark Invest buys the dip in Roblox stock after earnings miss erases $11 billion in market value
Ark Invest made a similar move earlier this week when it purchased $20 million worth of Sea Limited…
Matthew Fox
1 min read
Roblox could soar 26% as its metaverse potential gives it 'young tech giant' vibes, BofA says
"The metaverse category could eventually subsume parts of social media, streaming video and video g…
Matthew Fox
1 min read
Roblox jumps 11% after it partners with NFL to launch metaverse game ahead of Super Bowl
"We see Roblox as an extension of NFL's real-life engagement platforms for emerging social connecti…
Matthew Fox
1 min read
Roblox sinks 25% after the metaverse maker's quarterly results miss Wall Street's expectations
Roblox lost $0.25 a share in the fourth quarter, narrower than its loss of $0.30 a year ago but wid…
Carla Mozée
1 min read
Roblox has added nearly $26 billion to its market cap as metaverse mania pushes its value past brands like FedEx and Ferrari
CEO David Baszucki told Bloomberg Roblox could eventually be used to facilitate a frog dissection i…
Natasha Dailey
1 min read
A vegan cosmetics maker has actually outperformed Nvidia over the past 5 years
E.l.f. Beauty is up 2,639% since early 2019, outpacing red-hot chipmaker Nvidia's 1,987% gain over …
Aruni Soni
4 mins read
Meet the 21-year-old Roblox creator whose roach-ridden, trash-filled room has both fascinated and horrified fans
PowEnvy makes videos showing off his impressively dirty bedroom, which is littered with cockroaches…
Kieran Press-Reynolds
2 mins read
US stocks rise amid earnings, fresh Fed comments on rates
The S&P 500 is closing in on 5,000 for the first time ever. Stocks rose as traders digest earnings …
Jennifer Sor
2 mins read
US stocks edge higher as investors assess earnings and wait on fresh Fed comments
Markets are waiting on Fed speakers to give more guidance on the path and timing of interest rate c…