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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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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…