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What Are Kids Asking Santa For This Year? Digital Currency, Subscriptions — Not Video Games
Wednesday, November 29, 2023 - 12:30pm | 448This holiday season, the Entertainment Software Association (ESA) unveiled data highlighting a shift in children's gift preferences. Contrary to the expectation of physical video game requests, kids aged 10 to 17 in the U.S. are clamoring for digital currency and video game subscriptions....
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Roblox Q3 Earnings Preview: Analyst Estimates, Key Items To Watch For Gaming Giant
Tuesday, November 7, 2023 - 4:30pm | 781Online gaming platform company Roblox Corporation (NYSE:RBLX) will report second quarter financial earnings before market open Wednesday. Here are the key earnings estimates, what analysts are saying and items for investors to watch. Earnings Estimates: Analysts expect Roblox to report third...
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Roblox's Console Evolution: PlayStation Debut, Realistic Avatars: What's Next for Gamers?
Monday, September 11, 2023 - 7:09pm | 683Roblox, the online game platform and game creation system developed by Roblox Corp (NYSE: RBLX), is set to launch on Sony Group Corp's (NYSE: SONY) PlayStation consoles in October, expanding its reach to more players. Roblox made the announcement at this year's 2023 Roblox Developers...
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Roblox Shares Sink On Short Report Saying Gaming Company 'Has Facilitated More Child Abuse Than Any Public Company In History'
Thursday, August 17, 2023 - 11:17am | 754Video game company Roblox (NYSE: RBLX) is once again in the crosshairs of a short seller, with a follow-up from a 2022 report that highlighted problems for the company, which is aimed at children. What Happened: Short report publisher The Bear Cave, led by Edwin Dorsey, is out with a report...
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Cathie Wood Buys Roblox, Palantir Dips — Ark Invest Seizes Buying Opportunities Following Earnings Reports
Wednesday, August 9, 2023 - 11:11pm | 733On Wednesday, Cathie Wood-led Ark Invest made a significant move by purchasing shares of Roblox Corp (NYSE:RBLX) following its recent quarterly earnings report. The decision comes after Roblox’s stock took a hit post its second-quarter earnings announcement. The Roblox Trade Ark purchased a...
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Disney, Plug Power, Alibaba, Tesla, Roblox: Why These Five Stocks Are Trending Today
Wednesday, August 9, 2023 - 10:19pm | 739U.S. stocks ended the day in the red, with the Dow Jones turning lower on Wednesday. The Dow fell 0.54% to 35,123.36 while the NASDAQ declined 1.17% to 13,722.02 The S&P 500 also experienced a slight dip, dropping 0.07% to 4,467.71. These are the top stocks that gained the attention of retail...
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Scrambling To Win Ukraine, Kremlin Is Feeding Russian War Propaganda Through Minecraft, World Of Tanks
Monday, July 31, 2023 - 7:01am | 722As Russia reportedly scrambles to win the war against Ukraine, Kremlin finds new and innovative ways to advance its agenda, targeting younger audiences through the immersive world of popular video games and feeding them a torrent of propaganda. What Happened: In an attempt...
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Sony's PlayStation Explores Collaboration With Roblox, Addressing Safety Concerns
Saturday, July 1, 2023 - 11:02am | 407Jim Ryan, Sony Interactive Entertainment's (a subsidiary of Sony Group Corp. (NYSE: SONY)) president and CEO, acknowledged the company is currently in discussions with Roblox Corporation (NYSE: RBLX) to make the game platform available on PlayStation. According to Axios, this subject was made...
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Parental Control Or Privacy Invasion? Louisiana's New Bill Sparks Debate Over Minors' Online Access
Friday, June 9, 2023 - 6:29am | 607Louisiana lawmakers have passed a controversial bill prohibiting minors from creating social media accounts, sparking debates over First Amendment rights and parental control. What Happened: As the debate continues nationwide on how to strike a balance between protecting minors and preserving their...
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YouTube Sensation IShowSpeed's Accidental $125,000 Roblox Purchase: 'Oh, My God! I Thought It Would Ask For Verification!'
Tuesday, May 23, 2023 - 3:31pm | 538YouTube sensation Darren "IShowSpeed" Watkins made an unexpected and costly purchase during a live stream on Tuesday. Known for his live streams in which he primarily plays video games like Roblox Corporation's (NYSE: RBLX) "Roblox", Epic Games' "Fortnite,...
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Roblox Collects $774 Million Selling In-Game Digital Currency As Users Hits "All-Time High"
Wednesday, May 10, 2023 - 10:36am | 336Roblox's growth engine kept on chugging along during the first quarter of the year with increases in daily users and sales of its in-game digital currency, "Robux." The metaverse-y game platform, a social gathering place for many players, reported $774 million in "bookings,...
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Breaking Barriers: Roblox's AI Tools Intend To Make Game Development Accessible To Everyone
Friday, March 24, 2023 - 3:19pm | 517Roblox, the popular online game platform and game creation system developed by Roblox Corporation (NYSE: RBLX), has introduced new artificial intelligence (AI) tools that allow millions of player-creators to write usable game code and create in-game 2D surfaces using simple text descriptions. The...
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Roblox Secures $150M Government Funding After Silicon Valley Bank's Collapse
Wednesday, March 15, 2023 - 12:35pm | 398Silicon Valley Bank (NASDAQ: SIVB), one of the leading banks for startups and tech companies, recently experienced a massive bank run when panicked investors tried to withdraw their money en masse. The bank, which had roughly $209 billion in assets on its balance sheet, saw approximately $175.4...
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EXCLUSIVE: Why Roblox Is A Key Portfolio Holding For Ark Invest And How It's Similar To YouTube, MrBeast
Monday, February 13, 2023 - 7:47pm | 1099One of the big ideas for Ark Invest is the continuation of video games having end-to-end virtual entertainment. Gaming fits into the ETF management company’s thesis that time spent on games and digital goods could continue. Here are the two gaming-related companies that are owned by Ark...
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No Eating, No Sleeping: Is A Hit Video Game Too Addictive For Children? Class Action Lawsuit Moves Forward
Monday, December 12, 2022 - 3:22pm | 866One of the biggest video games of the last five years is now the target of a class action lawsuit. Here’s a look at the game, the lawsuit and what it could mean for the gaming industry. What Happened: A group of parents in Canada have filed a class action lawsuit targeting “Fortnite,...