RBLX News and Press, Roblox Corporation Class A From 01/09/24

Roblox Corporation (NYSE: RBLX) today announced that it will report the company’s fourth quarter and full year 2023 financial results before the opening of the U.S. markets on Wednesday, February 7, 2024. Roblox will host a conference call to answer questions regarding its financial result...

2024-01-09 10:42:17 ET Summary With RBLX already available on multiple AR/ VR/XR platforms, it is unsurprising that we have seen growing DAUs, bookings, and deferred revenues, based on the increasing lifetime installs. The management has also attempted to rebrand the platform as a...

2024-01-09 10:30:00 ET There's no doubt about it, the rise of artificial intelligence (AI) stole the spotlight from the metaverse on Wall Street. But it would be a mistake to think of these two trends as being mutually exclusive. Some companies with the potential to score explosive wins...

2024-01-09 07:34:27 ET More on Amazon, Alphabet, etc. Google: Don't Be Too Late To The Party! Google: It Warrants A Large Allocation Google: Time To Load Up (Upgrade) Big Tech trade lobby at loggerheads with US agency' plan to oversee digital wallets ...

2024-01-08 11:16:14 ET More on iShares Russell 1000 Growth ETF: IWF: Price Isn't Everything; Favor Growth Over Value IWF ETF: Be Cautious Of High Valuations Top overweight stocks with high growth and low volume - MS Top overweight stocks with high free cash f...

2024-01-07 22:38:34 ET Summary Roblox has been making progress in expanding its community and attracting older users. With infrastructure investments set to come down, the company should see better free cash flow in 2024. However, its heavy use of stock-based compensation and ...

2024-01-05 10:16:02 ET More on Netflix Netflix: Upside Potential Remains But Reduced By Strong Rebound Netflix Releases Useless Data, But Still Considered The Gold Standard Netflix: Disciplined Content Spending Drives Margin Expansion; Upgrade To 'Buy' ' Rebe...

2024-01-05 05:31:00 ET When I was a kid, video games were straightforward: stay alive, progress through the levels, beat the final boss, and win the game. For my kids, however, the objectives are totally different. Nowadays gamers socialize, build, buy and sell, and play out possibilities n...

2023-12-26 16:17:45 ET Summary 2024 expected to be a bullish year for stocks with Fed rate cuts and double-digit earnings growth for the S&P 500. This bullish backdrop recently prompted me to raise my base case target price for the S&P 500 to ~5,300 points by end of year 2...

2023-12-14 06:13:00 ET The U.S. economy ended the third quarter (ending Sep. 30, 2023) with stronger-than-expected growth due to robust consumer spending. While real gross domestic product (GDP) grew year over year by 4.9% in Q3 (the fastest in the past two years), inflation cooled down sig...