Roblox

This 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....

Online 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...

Roblox, 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...

Video 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...

On 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...

U.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...

As 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...

Jim 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...

Louisiana 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...

YouTube 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,...

Roblox'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,...

Roblox, 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...

Silicon 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...

One 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...

One 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,...