Roblox raised its annual bookings forecast on Thursday, as user engagement increased on its platform during the summer holidays and more mature content...
aA man photographs a Roblox banner displayed, to celebrate the company's IPO at the NYSE is seen in New York - Roblox raised its annual bookings forecast on Thursday, as user engagement increased on its platform during the summer holidays and more mature content helped it draw older users with higher spending power .
Unlike traditional video game firms, Roblox relies on user-generated content and makes most of its money from the sale of its in-game currency, "Robux". Its second-quarter bookings exceeded Wall Street expectations, benefiting from summer holidays in the U.S., which allows gamers to spend more time on its platform.
Inspired by Olympians, Kevin Guest, executive chairman at USANA Health Sciences , is urging all to dig deep into their inner strength to excel in their personal and professional life. Choice Equities Capital Management, a hedge fund manager, recently released its second-quarter 2024 investor letter. A copy of the letter can be downloaded here. In the second quarter, the fund lost -5.8% on a net basis bringing year-to-date gain to +7.5% compared to the Russell 2000’s -3.3% loss for the quarter and +1.7% gain for Techs led futures higher early Thursday, as Meta jumped on earnings and Nvidia neared a key level. Apple and Amazon earnings loom.
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