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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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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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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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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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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   


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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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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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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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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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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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Roblox could soar 18% as it benefits from 2 'viral loops' that should drive monetization, Stifel says

"The model is unlike any we've encountered," Stifel said of Roblox, pointing to the social and cont…

Matthew Fox   


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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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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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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   


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Cathie Wood's Ark Invest purchases $7.2 million of Roblox stock and slashes the famed money manager's Adobe holdings

The famed money manager has dumped $106 million of Adobe stock over the past three trading sessions.

Morgan Chittum   


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Roblox shares surge another 12% a day after the online-gaming company's market debut

Roblox's direct listing on Wednesday saw its shares pop 54%, giving the company that owns just one …

Shalini Nagarajan   


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Don't short meme stocks as retail and institutional investors rotate back into Reddit trades, market strategist says

"The first thing you don't do is you don't short these stocks," Joe Terranova, chief market strateg…

Will Daniel   


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Affirm joins Roblox in delaying its planned 2020 IPO after monster gains from Airbnb, Doordash

Affirm was expected to receive a market valuation of as much as $10 billion, according to the Wall …

Matthew Fox   


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Apple drops, Netflix and Spotify pop after judge rules in favor of Epic Games in lawsuit targeting in-app purchases

The judge said that "the court cannot ultimately conclude that Apple is a monopolist under either f…

Matthew Fox   


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Metaverse stocks Nvidia and Roblox fall as Facebook parent Meta's Web3 business reports massive loss

Adobe, Block, and Unity, which have been dubbed metaverse plays as well, also fell on Meta's earnin…

Natasha Dailey