Roblox lifts bookings forecast, margin pressure weighs on shares

By Zaheer Kachwala (Reuters) -Roblox on Thursday raised its annual bookings forecast for the third time on the back of strong ...

Satya Nadella's "Xbox competes with TikTok" comments don't make sense — but not for the ...

Yes, Xbox competes with TikTok and other forms of social media. But the reason TikTok is winning is because Microsoft refuses ...
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Roblox Sees Big Gain in Users, Driving up Costs

Roblox reported a consolidated net loss of $257.4 million in the latest quarter fueled by user growth from hit games. David ...
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S&P 500 Falls 1% as Meta Gets Hit on Spending Push: Markets Wrap

Wall Street pumped the brakes on a stock rally as concerns over whether massive artificial-intelligence spending will pay off sent Meta Platforms Inc. down 11%. Bond yields and the dollar rose as the ...
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Tech Stocks Slide on Meta’s Big AI Spending Plans: Markets Wrap

Wall Street pumped the brakes on a stock rally as Meta Platforms Inc. sank 10% amid plans to take on debt to fund its artificial-intelligence push. Bonds stabilized after a rout driven by a Federal ...