Roblox

Leading retailer Walmart Inc (NYSE: WMT) is making a big bet on the growth of the metaverse with a partnership with leading metaverse and gaming company Roblox Corporation (NYSE: RBLX). What Happened: Walmart announced the launch of Walmart Land and Walmart’s Universe of Play on Monday....

Noted investor and ETF head Cathie Wood doesn’t shy away from standing behind her picks and sharing her long-term thesis on why the stocks were good bets for the long-term. Two video game-related stocks were recently defended by Wood, despite large year-to-date declines. Here are the two...

Shares of video game company Roblox Corporation (NYSE: RBLX) are falling after the company reported first-quarter financial results. Here are the key highlights. What Happened: Roblox reported first-quarter revenue of $537.1 million, up 39% year-over-year. The total missed a consensus estimate of $...

Spotify Technology (NYSE: SPOT) is headed to the metaverse with the help of a video game company. What Happened: Spotify announced the launch of Spotify Island inside the Roblox game from Roblox Corp (NYSE: RBLX). “Pack your bags, because Spotify is taking a journey into the metaverse...

A video game company got a mention in one of the biggest reality shows of all time. While appearances on reality shows can often lead to a bump in searches and demand, this one was a negative mention. Here’s the latest. What Happened: On an episode of “The Kardashians,” Kim...

One of the most popular games for kids over the past five years has been Roblox, a PC and mobile game from Roblox Corp (NYSE: RBLX). Could a competing metaverse game from one of the most popular kids’ toys of all-time take market share away? What Happened: Epic Games, which is partially owned...

The 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 &...

Gaming 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....

Gaming company Roblox Corp (NYSE: RBLX) reported fourth quarter and full financial year results after market close Tuesday. Here are the key highlights for investors and what’s to come. What Happened: Roblox reported fourth-quarter revenue of $568.8 million, up 83% year-over-year. Bookings...

One of the largest music publishers is pushing into the metaverse with a partnership with a leading digital land company. Here’s the details and what it could mean in the future. What Happened: Warner Music Group Corp (NASDAQ: WMG) announced a partnership with The Sandbox to create the first...

Mobile game company Zynga (NASDAQ: ZNGA) is being acquired by Take-Two Interactive Software (NASDAQ: TTWO) in a move to combine two gaming companies. Here’s what investors should know and what could be ahead for the gaming sector. What Happened: Take-Two is acquiring Zynga at an enterprise...

The popular video game Minecraft reached a significant gaming milestone Wednesday that led to a celebration across one of the biggest media platforms in the world. What Happened: YouTube, a unit of Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL), celebrated Minecraft passing one trillion views...

Gaming company Roblox Corp (NYSE: RBLX) reported third-quarter financial results after market close Monday. Shares are surging in reaction to the earnings. Here are the key highlights for investors to know. What Happened: Roblox reported revenue of $509.3 million, up 102% year-over-year. Bookings...

Roblox (NYSE: RBLX) has experienced extraordinary growth by offering a virtual space known as the "metaverse" for tweens which is both a gaming playground and a social hangout. The stock is down more than 20% from its highs in early June when the video game platform company announced...

After Roblox Corporation (NYSE: RBLX) reported May figures, shares for this popular online game are trading down after hours. The story investors may want to watch is the strength the company showed during the regular trading session. What Happened: Shares of several video game stocks traded...