TIVC - Gold Moves Higher; Roblox Issues Weak Outlook | Benzinga
U.S. stocks traded higher toward the end of trading, with the Dow Jones index jumping over 200 points on Thursday.
The Dow traded up 0.63% to 39,300.69 while the NASDAQ rose 0.18% to 16,331.58. The S&P 500 also rose, gaining, 0.32% to 5,204.48 .
Check This Out: Roblox, Beyond Meat And 3 Stocks To Watch Heading Into Thursday
Leading and Lagging Sectors
Real estate shares rose by 2% on Thursday.
In trading on Thursday, information technology shares fell by 0.3%.
Top Headline
Roblox Corp (NYSE:RBLX) posted better-than-expected first-quarter financial results, but issued weak guidance.
Roblox reported fiscal first-quarter 2024 bookings growth of 19% year-on-year to $923.80 million, beating the analyst consensus estimate of $922.98 million. Adjusted EPS loss of 43 cents beat the analyst consensus loss estimate of 53 cents.
Roblox expects second-quarter bookings of $870 million—$900 million (versus the consensus of $934.09 million) and fiscal 2024 bookings of $4.00 billion—$4.10 billion (prior $4.14 billion—$4.28 billion) versus the consensus of $4.19 billion.
Equities Trading UP
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