Roblox (RBLX) recently introduced Avatar Auto Setup and Texture Generator, two new tools to speed up 3D content creation. These tools are powered by Roblox's AI and aim to make the process faster and easier for creators.Avatar Auto Setup simplifies the process of creating avatars by automatically converting 3D body meshes into live, animated avatars with just a click. Previously, this process could take days but now it only takes minutes, thanks to Auto Setup.Texture Generator lets creators experiment with ...

Universal Music Group (UMG), Republic Records and Styngr partnered on a solution that helps music labels curate, distribute and monetize music across the Roblox platform.The new solution, Boombox, helps music labels launch playlists and integrate them into the gaming space, the companies said in a Monday (March 18) press release.“As we continue to build creative marketing and innovative concepts for our artists, it’s important to identify fan connections and elevate their experiences with new technologies,” ...

Are you willing to take a little extra risk for a chance at a lot of growth? It's a common trade-off when picking stocks. If your answer is yes, consider stepping into a stake in video game outfit Roblox (RBLX -3.47%).Roblox is not yet profitable, but persistent double-digit percentage revenue growth is pushing its bottom line in that direction. And the stock could start performing well again even before it gets into the black. Better still, share prices are down 70% from their all-time high. That discount ...

designer491/iStock via Getty Images Roblox Corporation (NYSE:RBLX) recently delivered its annual accounts with impressive information about the growth in the number of users and developers. With beneficial guidance for the year 2024, I believe that the access to the virtual reality market, geographic diversification, and access to different platforms like PlayStation or Xbox may make net sales growth quite solid. Even considering risks from failed relationships with developers, inaccurate user growth figure ...

Roblox (RBLX) closed the most recent trading day at $40.65, moving +0.64% from the previous trading session. The stock's change was more than the S&P 500's daily loss of 0.29%. Meanwhile, the Dow experienced a drop of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.3%.The the stock of online gaming platform has fallen by 8.5% in the past month, lagging the Consumer Discretionary sector's gain of 2.42% and the S&P 500's gain of 4.42%.The upcoming earnings release of Roblox will be of great int ...

Roblox (RBLX) recently unveiled the trailer of Godzilla X Kong: The New Empire on its platform. It is the first instance of a 2D trailer transforming into a 3D playable game on the platform. This interactive experience is like a 4D amusement park ride where viewers are transported into the world of the movie.The viewers find themselves in a Roblox version of the Hollow Earth filled with giant monsters and must complete obstacle courses alongside characters like Suko, the Mini-Kong.In the Godzilla x Kong Obb ...

It has been a volatile ride for Roblox's (RBLX -2.93%) investors over the past few years. Since going public in 2021, the stock has traded as high as $134.72 and as low as $24.88.However, since touching the low in 2023, the stock has made a solid comeback to above $40 per share, suggesting that intelligent investors might have noticed something about the stock. Roblox has proven the skeptics wrongThe pandemic that began in 2020 was a boom for Roblox. Revenue grew at high-double-digit (and even triple-digit) ...

Roblox (RBLX 3.56%) has taken investors on a wild ride since it went public through a direct listing nearly three years ago. The gaming platform company's stock opened at $64.50 in March 2021, and more than doubled to its all-time high of $134.72 at the apex of the growth stock rally in November 2021, but now trades at about $40.Roblox grew rapidly throughout the pandemic as its core audience of tween users stayed at home and spent more time on its platform. However, its growth cooled off as the pandemic en ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ______________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number 001-04321 ______________________________ Roblox Corporation (Exact name of registrant ...

The metaverse continues to intrigue many investors. And while giant tech companies like Meta Platforms stock can provide some exposure, a more magnified and perhaps purer play can be found in immersive gaming maker Roblox (RBLX 0.68%).Admittedly, this smaller player is probably too speculative and volatile for conservative investors, and Roblox has a financial issue that some might be unwilling to overlook. In other words, whether Roblox stock is a buy, sell, or hold depends just as much on your risk tolera ...