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06 Jul, Wednesday
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Bull Trader USA

Why Palantir Shares Are Rising Today

Reuters

Roblox bookings beat as gaming boom persists, shares surge

People had turned to video games for entertainment during last year’s months-long isolation, sparking a boom that is yet to slow down despite schools reopening and COVID-19 restrictions easing. Roblox, among the world’s most popular gaming sites for children, said daily active users grew 31% to 47.3 million during the third quarter and gamers spent 11.2 billion hours on the platform. “Based on our October results, we appear to be having a great start to the last quarter of the year,” Chief Financial Officer Michael Guthrie said.

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