Roblox stock dips on lower than expected November user numbers

A child looks back at a banner for Roblox, displayed to celebrate the company’s IPO, on the front facade of the New York Stock Exchange (NYSE) in New York, March 10, 2021. Brendan McDermid | Reuters Shares of Roblox dipped more than 10% Wednesday after the company released its November metrics, showing a decline in … Read more

This new CNBC stock index will track shares integral to the lives and careers of younger generations

Employees of Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, watch as their listing is displayed on the Nasdaq MarketSite jumbotron at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters CNBC is launching a new index focusing on younger people, younger workers and younger investors.  It is called the CNBC … Read more

Morgan Stanley names the stocks to watch as luxury brands enter the metaverse

Customers shop at South Coast Plaza, June 11, 2020 in Costa Mesa, CA. Allen J. Schaben | Los Angeles Times | Getty Images Analysts at Morgan Stanley have named the stocks to watch as luxury brands turn their attention to the metaverse, picking one stock in particular that it says is best positioned to benefit … Read more

What Cramer is watching in the market Monday, including a big tech trend emerging

Jen-Hsun Huang, president and chief executive officer of Nvidia Corp., speaks during the company’s event at Mobile World Congress Americas in Los Angeles on Oct. 21, 2019. Patrick T. Fallon | Bloomberg | Getty Images (This article was sent first to members of the CNBC Investing Club with Jim Cramer. To get the real-time updates … Read more

Execs seemed confused about the metaverse on Q3 earnings calls

A new video by Inspired by Iceland pushes back against experiencing life through the “metaverse,” as described by Mark Zuckerberg during Facebook’s rebranding to Meta on Thursday, Oct. 28, 2021. Michael Nagle | Bloomberg | Getty Images Online dating apps, a crypto exchange and a professional wrestling brand are among the many companies that tried … Read more

Inside Mark Zuckerberg’s metaverse, how will the world of advertisements look?

A new video by Inspired by Iceland pushes back against experiencing life through the “metaverse,” as described by Mark Zuckerberg during Facebook’s rebranding to Meta on Thursday, Oct. 28, 2021. Michael Nagle | Bloomberg | Getty Images Imagine at a point in the near future, you are taking your daily trip through the metaverse when … Read more

Here are Thursday’s biggest analyst calls of the day: Amazon, Deere, Square, Uber, Dick’s Sporting Goods & more

Here are the biggest calls on Wall Street on Source link

The metaverse is investable — and it’s going to be big, says tech billionaire

A man demonstrates the uSens Inc. Impression Pi virtual reality and augmented reality interactive device at CES Unveiled, a media preview event for CES International, Monday, Jan. 4, 2016, in Las Vegas. John Locher | AP The so-called metaverse has a “big time” investment case, according to Puerto Rican billionaire businessman Orlando Bravo. Bravo, co-founder … Read more

Backblaze takes opposite IPO route to Rivian, going public on small valuation and minimal funding

Gleb Budman, co-founder and CEO of Backblaze, center, appears in New York for the company’s Nasdaq debut on Nov. 11, 2021. Source: Backblaze Electric-vehicle maker Rivian Automotive, which has almost no revenue, dominated the headlines this week after raising close to $12 billion in its IPO and then watching its market cap swell past $105 … Read more

Facebook’s Meta mission was laid out in a 2018 paper declaring ‘The Metaverse is ours to lose’

Small toy figures are seen in front of displayed Facebook’s new rebrand logo Meta in this illustration taken, October 28, 2021. Dado Ruvic | Reuters In June 2018, Oculus executive Jason Rubin sent an email to Facebook board member Marc Andreessen with the subject line “The Metaverse.” “We believe that the right way to break … Read more