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Roblox Shares Crash As Engagement Headwinds Blindside Wall Street
Roblox Shares Crash As Engagement Headwinds Blindside Wall Street
Online gaming platform Roblox crashed the most in four years in premarket trading to the tune of 24%, after the company reported weaker-than-expected first-quarter user metrics and slashed its full-year bookings outlook.
One of the major problems plaguing Roblox has been that new child-safety features, including age-verification requirements and limits on platform communication, have slowed user growth.
Daily active users came in at 132 million, missing the Bloomberg Consensus estimate of 143.8 million, while hours engaged also missed estimates.
Here's a snapshot of first-quarter...
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Aug 24, 2026 / Tyler Durden
Gold Jumps, Curve Flattens On Report Treasury To Tap Trillion-Dollar TGA To Fund Bond Buybacks
Gold Jumps, Curve Flattens On Report Treasury To Tap Trillion-Dollar TGA To Fund Bond Buybacks
Having seen yields rebound from their initial decline following the upping of Treasury (long-end) buybacks to 'at least $4BN' per operation (and increased its total planned operations), Treasury Secretary Scott Bessent jawboned late last week about his 'bigger toolkit' and 'asymmetric information' in an attempt to further strengthen the 'Treasury Put'.
Unfortunately for him, the market (vigilant as ever), decided to test him with yields ending the week at the highs.
So this morning, two senior Treasury officials...
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Mar 3, 2026 / Tyler Durden
US B-2 Bombers Belatedly Authorized To Use British Bases To Hit Deep Inside Iran
US B-2 Bombers Belatedly Authorized To Use British Bases To Hit Deep Inside Iran
In the modern era Britain has always been America's junior partner when it comes to launching Middle East wars, and so in the opening days of Trump's Operation Epic Fury targeting Iran, there was anger in Washington as the Starmer government appeared to waffle and was fence sitting.
However by Monday and Tuesday, the United Kingdom is as expected now aligning directly with Washington, having belatedly authorized the use of British military bases to support American operations targeting...
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Jul 14, 2026 / Tyler Durden
New York Becomes First State To Enact One Year Ban On New Data Centers
New York Becomes First State To Enact One Year Ban On New Data Centers
The blowback against data centers escalated this morning, when New York became first state in the nation to enact a moratorium on data centers, pausing construction on new facilities for one year.
An executive order by Gov. Kathy Hochul bans state lawmakers from approving environmental permits for hyperscale data centers. Hochul said Tuesday the pause will give lawmakers time to create a framework to protect residents and the environment.
"Massive data centers are being built across our state and...
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