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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   


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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   


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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   


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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   


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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   


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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   


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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…

Jennifer Sor   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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2 mins read

Cathie Wood's Ark Invest ditches almost 4 million more Twitter shares days before its earnings report, snaps up Roblox

The sale comes two days before Twitter's earnings, which could shed light on the impact of Apple ch…

Hamza Fareed Malik   


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1 min read

Roblox sinks after revealing the number of monthly active users on its platform declined in May

Roblox saw a small decline in monthly active users in May, but the figure was still up 28% year-ove…

Will Daniel   


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1 min read

Microsoft's massive deal to acquire Activision sparks rally in EA, Ubisoft, and other gaming stocks

The video-game sector has made splashes in recent months as companies race into the nascent metaver…

Phil Rosen   


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2 mins read

Roblox could jump 25% and offers investors exposure to multiple growth 'megatrends,' JP Morgan says

JP Morgan's Alexia S. Quadrani tagged Roblox with an "overweight" rating and an $85 price target in…

Will Daniel   


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1 min read

Roblox surges 18% after beating bookings estimates in its first earnings report as a public company

Stifel maintained its $85 price target, representing potential upside of 16% from Tuesday afternoon…

Matthew Fox   


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1 min read

Roblox stock surges 35% after the online-gaming platform reveals its revenue doubled last quarter

The video-game company reported sharp increases in daily active users, engagement, and purchases of…

Theron Mohamed