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Ark Fund Buys First Shares Of This Metaverse Related Company; Cathie Wood Says 'We're Going To Have Our Digital Twins'
Tuesday, March 29, 2022 - 11:42am | 659A metaverse related stock has found its way into an ETF from Ark Funds. Here’s the stock and what Ark Funds CEO Cathie Wood has said about the metaverse investment opportunity. What Happened: The Ark Autonomous Technology & Robotics ETF (BATS: ARKQ) took an initial stake in Matterport Inc...
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Here's How Many People Have Visited NIKELAND In Roblox
Thursday, March 24, 2022 - 11:38am | 414Nike Inc (NYSE: NKE) is among the large public companies pushing to grow its business through the metaverse. Here's how successful a partnership with Roblox Corp (NYSE: RBLX) has been. What Happened: Nike reported third-quarter earnings this week and in its conference call, CEO John Donahoe...
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Have It Your Way In The Metaverse? This Fast Food Giant Files For Virtual Goods, NFT Trademarks
Wednesday, March 23, 2022 - 4:40pm | 326A leading restaurant chain could be headed to the metaverse soon, with trademarks filed covering numerous topics for the sector. What Happened: Burger King, a restaurant company owned by Restaurant Brands International (NYSE: QSR), filed several metaverse related trademarks on March 18, 2022....
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What Is Metanomics? More On The Metaverse Phrase For A Trillion Dollar Opportunity
Sunday, February 27, 2022 - 5:59pm | 696The growth of the metaverse continues as large companies place monetary bets and file trademarks for digital worlds. Here is a look at what the metaverse could mean economically. What Happened: A new 18-page report called “Opportunities in the metaverse” from JPMorgan Chase &...
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12 Key Differences Between Web 2.0 and Web 3.0: Virtual Worlds, Play To Earn Games, Digital Tokens, NFTs And More
Sunday, February 27, 2022 - 1:32pm | 723Growth of the metaverse continues to pick up steam, with companies placing monetary bets and filing for trademarks related to the new growth sector. JPMorgan Chase (NYSE: JPM) recently filed a report on the metaverse and a $1 trillion opportunity called “Opportunities in the metaverse: how...
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3 Roblox Analysts React To Q4 Earnings As Investors Pull Back
Wednesday, February 16, 2022 - 3:38pm | 503Gaming company Roblox Corp (NYSE: RBLX) reported bookings growth of 20% in the fourth quarter and reported record revenue and daily active user metrics for its full fiscal year. The company missed on earnings, reporting a loss of 25 cents per share vs. the 14-cent loss the Street was expecting....
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Atlanta Braves Launching MLB Stadium In The Metaverse: Here Are The Details And Why This Is Exciting
Wednesday, February 16, 2022 - 1:30pm | 549The reigning World Series champions are headed to the metaverse in a first for Major League Baseball. What Happened: The Atlanta Braves announced the creation of a digital version of their MLB stadium Truist Park. Named "Digital Truist Park," the digital ballpark will be a “photo-...
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Playboy Looks To NFTs, Playboy Mansion In Metaverse For Post-Hefner Transformation
Friday, February 11, 2022 - 3:59pm | 822Playboy parent company PLBY Group Inc (NASDAQ: PLBY) continues to transform and push the company in new directions. The company recently hit on some plans to expand the brand via the metaverse and non-fungible tokens. What Happened: Among the plans that PLBY Group has to expand Playboy is a move to...
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Could Sports Betting And The Metaverse Be Two Large Catalysts For Disney?
Thursday, February 10, 2022 - 3:52pm | 597Media giant Walt Disney Co (NYSE: DIS) highlighted the growth of its Disney+ streaming platform and for its parks segment when it reported first-quarter financial results. Investors also got insight from Disney CEO Bob Chapek about two new potential growth items for the company...
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McDonald's And Panera Betting On Metaverse With Virtual Restaurants: Here Are The Details
Wednesday, February 9, 2022 - 7:04pm | 440Two large restaurant companies have filed trademarks for their respective names and brands inside the metaverse. The filings could be ways to protect their intellectual property from being used by others, or it could signal a further push into the metaverse. Here are the details. McDonald'...
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Ubisoft Bringing Rabbids To Sandbox, Continuing NFT/Metaverse Push While Other Gaming Companies Back Off
Wednesday, February 9, 2022 - 12:09pm | 929Leading video game company Ubisoft (OTC: UBSFY) is pushing into the metaverse with a new partnership announced with The Sandbox (CRYPTO: SAND). Here's why Ubisoft is pushing into the metaverse and non-fungible tokens, while other gaming companies are taking a wait-and-see approach. What...
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Meta Platforms (Facebook) Q4 Earnings Takeaways: Big EPS Miss, Revenue Beat, New Ticker
Wednesday, February 2, 2022 - 5:40pm | 514Meta Platforms Inc (NASDAQ: FB) reported fourth quarter and full fiscal year financial results after market close Wednesday. What Happened: Meta Platforms, which was previously known as Facebook, reported fourth-quarter revenue of $33.67 billion, which beat an estimate of $33.38 billion,...
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NFT, Metaverse Opportunity Extraordinary For Disney, But Bob Iger Cautions On Copyright Issues With OpenSea
Wednesday, February 2, 2022 - 1:00pm | 482Many companies are pushing into the growing industries of non-fungible tokens and the metaverse. Former CEO and Chairman of Walt Disney Co (NYSE: DIS) Bob Iger shared thoughts about what the opportunity could be in the space for his former company. What Happened: Iger spoke with New York Times...
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The Next Metaverse Stock Could Be...Walmart?
Sunday, January 16, 2022 - 3:39pm | 922A new report indicates one of the world’s largest retailers is pushing into the metaverse, which would likely support a future multitrillion dollar opportunity for the emerging sector. What Happened: Walmart Inc (NYSE: WMT) has filed trademarks with the U.S. Patent and Trademark Office...
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Metaverse Company InfiniteWorld Going Public In SPAC Deal: What Investors Should Know
Monday, December 13, 2021 - 11:14am | 683Investors will have another pure play stock betting on the growth of the metaverse with a SPAC deal announced Monday morning. The SPAC Deal: Metaverse infrastructure company InfiniteWorld is going public via SPAC merger with Aries I Acquisition Corporation (NASDAQ: RAM). The merger prices...