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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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Jul 9, 2026 / Tyler Durden
When Will The Cattle Cycle Turn? BofA Has Answers For Beef Lovers
When Will The Cattle Cycle Turn? BofA Has Answers For Beef Lovers
Bank of America analysts spoke with Oklahoma State University agricultural economist Derrell Peel, who offered new insight into the US cattle cycle. His key takeaway: the herd-rebuilding phase may not meaningfully begin to turn until near the end of the decade, suggesting elevated beef prices at the supermarket are here to stay.
The most important issue in the beef industry is when the cattle cycle will turn. The US beef cow herd is the smallest since 1961, while...
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Apr 10, 2026 / Tyler Durden
Think "Weekends" Rather Than "Weeks"
Think "Weekends" Rather Than "Weeks"
By Elwin de Groot, head of macro strategy
As another volatile week comes to an end, investors and market participants appear to be clinging to the hope that the two‑week ceasefire between the United States and Iran, which began on Wednesday, will not unravel entirely – at least until a direct, face‑to‑face exchange and clarification of key demands can take place during the planned talks in Islamabad this weekend. Near‑dated Brent crude edged up by $2 to $97, equity markets posted modest declines in Europe, whilst...
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Jul 20, 2026 / Dave DeCamp
Yemeni Forces Announce Maritime Blockade on Saudi Arabia
Yemen’s Houthis, officially known as Ansar Allah, announced on Monday that its forces were imposing a maritime blockade on Saudi Arabia, a move that came a week after the Saudis bombed the Sanaa International Airport in Yemen. Ansar Allah military spokesman Yahya Saree said the blockade was a response to the long-standing Saudi blockade on […]
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