Roblox has broken the record for the most concurrent users on a platform. And it’s all thanks to two huge games.

EDT Roblox (RBLX) jumps 2% to $117.30 after Wolfe upgrades to Outperform Published first on TheFly – the ultimate source for real-time, ...

Roblox is a stock for optimists with a long time horizon -- not for the faint of heart.

Even though many of its peer tech companies were focused on cutting costs in 2023, Roblox generated $1.2 billion of red ink for the year compared to $900 million in losses in the prior year.