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Send us a textIn this episode...--> While a new report claims that Concord's initial development deal was around $200 million, Sony has announced it is shutting down Concord developer Firewalk Studios.--> Following a damning report that called Roblox an "X-rated pedophile hellscape," Roblox Corporation has announced changes to its child-safety policies that will impact the way pre-teen users can interact with its popular gaming platform. --> A terminally ill Borderlands fan has asked if there's any way he can see Borderlands 4 early, and Gearbox boss Randy Pitchford has promised that "we're going to do whatever we can to make something happen."--> One forward thinking PlayStation fan has bought 24 years worth of PS Plus to avoid increasingly common price hikes.--> Also: Top 3 New Releases, Retro Rewind!We love our sponsors! Please help us support those who support us!- Check out the Retro Game Club Podcast at linktr.ee/retrogameclub- Connect with CafeBTW at linktr.ee/cafebtw- Visit A Gamer Looks At 40 at linktr.ee/agamerlooksat40- Get creative with Pixel Pond production company at pixelpondllc.comHosts: donniegretro, wrytersview, retrogamebrewsOpening theme: "Gamers Week Theme" by Akseli TakanenPatron theme: "Chiptune Boss" by donniegretroClosing theme: "Gamers Week Full-Length Theme" by Akseli TakanenSupport the show
Inflation comes in hotter than expected, is that a problem? The Consumer Price Index (CPI) showed September headline inflation was up 2.4% compared to last year, which was a little higher than the estimate of 2.3%. Core CPI, which excludes food and energy was up 3.3% compared to last year and it also came in a little higher than the expectation of 3.2%. While the numbers were a little hotter than expected, headline CPI was down from last month's reading of 2.5% and it registered the smallest increase since February 2021. It's come a long way from the high that was reached in June 2022 when headline inflation grew 9%. The major discrepancy between the headline and core number was energy. The energy index was down 6.8% compared to last year and gasoline prices had a major impact as they were down 15.3% over the same time frame. Shelter costs continued to have an outsized impact on the report as the index was up 4.9% over last year and accounted for over 65% of the 12-month increase in core CPI. The decline in inflation has continued to moderate, but overall, it has continued to trend in the right direction. While this report was somewhat disappointing, I don't think there is anything of major concern in this report. With the Fed's next meeting coming in November, it will be interesting to see how they interpret all the data as there are several factors that will have hopefully just a short-term impact on inflation and the labor market. These factors include both Hurricane Helene and Hurricane Milton as well as a Boeing strike that has had roughly 33,000 union workers on strike since September 13th. Given all this my estimate at this point in time would be that the Fed will do a quarter point cut at that November meeting. What is PPI and how it can affect you as a consumer PPI stands for Producer price index. It's important to understand these monthly numbers because it will eventually have an effect on consumers. If the cost of producing something increases, that cost will generally be passed to the retail level where consumers purchase. While September headline PPI of 1.8% was higher than the expectation of a 1.6% increase, it is still a low level that shows no major concern on the inflation front. When excluding food and energy, PPI increased 2.8%. This was higher than the estimate of 2.7% and last month's reading of 2.6%. It was somewhat disappointing to see a small increase over last month's reading, but overall, it has continued to head in the right direction and at 2.8% I believe inflation at that rate is still manageable. It is worth keeping an eye on this data as the months progress, but it seems to have less impact on the markets now that inflation has become more manageable. Gold is up about 28% year to date, here are a few important points to help you decide to buy, sell, or hold. I hear the thoughts out there that as interest rates decline, gold should rise and so far, that has held true. But if you go back in history, in the early 80s as interest rates fell so did gold. Let's say that correlation does hold true though, I'm not overly optimistic that we will see a large decline in the 10-year treasury as historically it yields about one and a half percent more than inflation. I believe inflation should be around 2-3% going forward. My other major concern for why I don't see long term rates falling much further is the United States continues to struggle with a huge debt load. Looking at gold purchasing, central banks from around the world including countries like China, India, and Poland bought more than 1,000 metric tons of gold in both 2022 and 2023, but in 2024 we have seen those purchases slow down. The countries have become a little bit more concerned given the large gain this year. Some of these countries could even consider locking in some profits and sell some of the gold they own. If you still insist on buying gold, you can buy the gold bars at Costco, which has been a huge hit for them, but if you notice they don't have a program to buy back gold. So when you want to sell those one ounce bars from Costco, you will have to go to a dealer who will charge a markup somewhere between five and 10%, which can eat into your gain more than you think. If you paid $2000 for gold and sold at $2700 you have a paper profit of 35%, but if you pay a 10% commission on that $2700, your gain drops to $430 which gives you an after commission gain of only 21.5%. Another option if you are looking to benefit from the price of gold is mutual funds and gold mining stocks, but because of the trading the returns don't track the performance of gold very well. If you really insist on adding gold to your portfolio, then I would suggest the best way to do it is an ETF like GLD, which has low fees and tracks closely the price of gold. Full disclosure, we do not hold any gold in our portfolio now nor do we plan on buying it in the near future! US consumers love their chicken! In 2023 the average American consumed more than 100 pounds of chicken wings, legs, breasts and thighs, which was an all-time high. American farmers are cranking out about 10 million chickens per year. This includes various forms from organic, free range, antibiotic free, and the list goes on. Compared to beef and pork, chicken is a better value. Unfortunately, the price of chicken has increased dramatically over the last five years. Back in 2019, the average chicken was going for $3.11 per pound and today that average cost comes in at $4.08 per pound, which is $.97 more or a 31.1% increase. I personally consume a fair amount of chicken as I think it tastes good and it's also easy on your digestive system. I know the cost of chicken is up, but are you consuming the same amount of chicken you were five years ago? Prioritize the Right Retirement Goals The most common goal when planning for retirement is to not run out of money. This is obviously important, but it should not be the only goal and in many cases, it should not even be the priority. If you get to the point where your assets and income greatly exceed what is needed for your lifestyle, the chances of outliving your money decline and the priority should shift to income tax minimization. For example, if you have a $2 million portfolio but only need $3,000 per month to supplement your social security or pension income, you probably won't ever run out of money. However, if you don't implement the right tax strategies, you will end up paying way more than you need to and the longer you wait the worse it gets. If your portfolio is $5 million to $10 million or more, you likely aren't too concerned with running out of money and you hopefully are implementing income tax reduction strategies. However, at this point you should also be thinking about estate taxes. This has been largely disregarded because the currently exemption amount for a married couple is so large at about $27 million. In 2026 though this number is expected to be cut in half to around $14 million, and the tax rate on estates that exceed that will potentially increase from 40% to 45%. An estate worth $14 million is still quite large, but compounding interest is a powerful thing. A portfolio of $5 million can easily exceed $20 million after 20 years of growth, and waiting to address this until your estate reaches the exemption limit makes tax planning more difficult and more expensive because the value of assets will only grow faster over time. It is too common for people to fixate on not running out of money and end up neglecting their income and estate tax planning which ultimately just results in more taxes. Companies Discussed: Roblox Corporation (RBLX), Tesla Inc. (TSLA) & Pinterest, Inc. (PINS)
Roblox Corporation reports strong user growth and financial results, while prioritizing safety, innovation, and expansion in their first-quarter earnings call.Content: In the ever-evolving landscape of online gaming and virtual experiences, Roblox Corporation demonstrated its robust performance and strategic agility during the first quarter of 2024, as revealed in their earnings call on May 9th.The company reported a 17% year-over-year growth in daily active users (DAUs), reaching over 77 million, with a notable 22% increase in users over the age of 13. CEO David Baszucki highlighted advancements in enhancing user experience, such as dynamic heads that track the camera, layered clothing for avatars, increased voice usage, and improved anti-cheat systems.Roblox's international expansion efforts yielded positive results, with year-over-year growth rates of 50% in Japan and 58% in India. User engagement metrics were strong, with total hours engaged rising by 15% year-over-year to 16.7 billion. Financially, revenue climbed 22% to $801 million, while bookings grew by 19.4% to $923.8 million.Despite the positive indicators, Roblox reported a net loss of $272 million, relatively flat compared to the previous year's first quarter. However, cash from operations increased by 37% year-over-year to $238 million, and free cash flow jumped 133% to $191 million. Baszucki acknowledged a more conservative approach to guidance for 2024, reflecting prudent management amidst unpredictable market conditions.Roblox introduced initiatives to reinforce its market position and enhance user experience, catering to an older audience and expanding globally, particularly in Japan and India. The company's investment priorities focus on maintaining a safe, innovative, and inclusive platform, enriching the developer ecosystem, and solidifying its position in the virtual economy.While Roblox's first-quarter performance and strategic outlook demonstrate its commitment to innovation, expansion, and user engagement, the company acknowledges the complexities of the digital era and the need for a realistic approach to future expectations. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit theearningscall.substack.com
The most recent earnings call by Roblox Corporation reveals impressive growth in key areas. The figures show a distinct trend towards a broader user base with the older demographic, those aged 13 and over, now making up over half of the platform's users. This data presents an inspiring story of adaptability and strategic growth in a rapidly evolving market, with Roblox Corporation leading the charge in the online gaming industry. Roblox Corporation's adaptive strategy has been core to its success. By consistently prioritizing innovation, the company has expanded its global presence and stayed relevant to modern platforms. A diverse portfolio that combines gaming, advertising and virtual economy has expanded their reach across demographics, and effectively diversified their revenue streams. According to CEO David Baszucki, the growth in daily active users (DAUs) aged 13 and above has reached a notable 28% in the last quarter. This trend underlines the company's increasing ability to engage mature audiences, which may, in turn, boost revenue generation through advanced monetization techniques. High-quality content is believed to have contributed significantly towards this growth, emphasizing Roblox Corporation's commitment to delivering superior gaming experiences. Looking ahead, Roblox Corporation has a forward-thinking vision that continues to prioritize innovation and development. The company recognizes the transformative potential of technologies such as artificial intelligence, which are expected to significantly enrich both user experience and internal controls. Furthermore, the company has emphasized its commitment to user safety and in-game civility, illustrating a dedication to a safe and enjoyable gaming environment. While clearly operating within a competitive market, Roblox Corporation presents a future outlook that is both optimistic and grounded in data-backed strategies. Strong revenue performance, coupled with a broad user demographic and forward-thinking strategy, paints a picture of Roblox Corporation as a gaming platform with a path firmly set for sustained growth. RBLX Company info: https://finance.yahoo.com/quote/RBLX/profile For more PSFK research : www.psfk.com This email has been published and shared for the purpose of business research and is not intended as investment advice.
Roblox Corporation - Analyst/Investor Day
Roblox Corporation, Q3 2023 Earnings Call, Nov 08, 2023
Oral Arguments for the Court of Appeals for the Ninth Circuit
V.R. v. Roblox Corporation
Tercera hora de Visión Global en Radio Intereconomía. Cierre de Wall Street con ganancias para todos los índices superiores al 1%. Lidera las ganancias el Dow Jones de industriales con una revalorización del 1,58% hasta los32.928 puntos. El S&P 500 termina la sesión con una subida del 1,2% hasta los 4.166 puntos. Por su parte, el tecnológico Nasdaq termina el día en los 12.789 puntos con un avance del 1,16%. Después del cierre consultorio de bolsa con Miguel Ángel Martínez, gestor de Mercados Financieros en Tiempo de Bolsa. Con él analizamos compañías como Spotify, Wallgreen Boots, Carvana, Roblox Corporation,Corbus Pharmaceuticals, Zoom o MacDonalds. Por último, análisis de mercados con José Luis Herrera, analista independiente, al que preguntaremos sobre los datos de empleo y reunión de la FED de esta semana en la que, todo apunta, a que el Comité de Mercado Abierto va a dejar los tipos tal y como están. En la horquilla entre el 5,25-5,5%.
Rebecca Kantar serves as Vice President of Education and Director of the Roblox Community Fund at Roblox Corporation (NYSE: RBLX), a technology platform bringing the world together through play. Rebecca is responsible for growing Roblox's education vertical into a self-sustaining ecosystem of outstanding educational content creators, bringing deeper learning curricular materials to educators and students. Roblox Education connects educational organizations with extraordinary Roblox developer studios through Roblox Community Fund grants.Rebecca came to Roblox in 2020 when Roblox acquired Imbellus Inc., a simulation-based assessment technology company Rebecca founded and led. Rebecca founded Imbellus with conviction that better educational assessments would drive deeper teaching and learning and in turn, more students graduating ready for adulthood. In delivering operational, fair, valid, and reliable assessments at scale, Imbellus demonstrated the potential for simulation-based assessments to measure deep thinking skills in high-stakes workforce and educational contexts. Rebecca led Imbellus in raising over $23M, signing multimillion-dollar development contracts with Fortune 500 corporations and in completing successful M&A transactions with Roblox Corporation and McKinsey & Company. Prior to launching Imbellus, Rebecca founded an expert network that Gerson Lehrman Group (GLG) acquired in 2012.Rebecca serves as a Vice Chair of the Museum of Science Board of Trustees, where she serves on the Campaign Cabinet and as Vice Chair of the Trustee Nominating Committee. Rebecca has served as an advisor to the Common Application and to the MA Common Start Coalition. Rebecca grew up in Newton, MA and currently lives in Massachusetts.Links:Roblox's educational partner site, for organizations or developers interested in building experiences in various subjects - including well-being, social/emotional learning on Roblox: https://education.roblox.com/partners/Recommended Resources:Whiteboard Advisors newsletterCOVID-19 Policy Update by John BaileyEmily in Your Phone newsletter to stay up to date on state of public school happeningsNice White Parents podcastGet ready to explore the future of education! Join Edtech Insiders for a virtual conference featuring 30+ of the top voices shaping the future of Al + Education. A full day of keynote speakers, panel discussions, and networking!Register now here: AI+EDU Virtual Conference
Roblox Corporation, Q2 2023 Earnings Call, Aug 09, 2023
Roblox Corporationは事態を把握し、影響を受けたユーザーに謝罪。
This week on Doublejump Radio, John, Cai, and Abir chat about the last two weeks of Microsoft/Activision Blizzard King acquisition news, the UK industry's "11 Principles" against paid loot boxes, trouble at Roblox Corporation, the hurdles facing video game preservation, Gex's triumphant return in Gex Trilogy, NJPW G1 Climax 2023, Halo and Halo 2, Street Fighter 6, Mission: Impossible - Dead Reckoning Part One, and more! --- Chapters: 00:00:00 - Intro 00:02:02 - News 01:21:00 - Chit-Chat 01:59:51 - Outro --- Join our new Discord server: https://discord.gg/nC76AXBdPn --- Music: Cali by Wataboi
We go heavy into the wild world of legal discovery in the FTC v. Microsoft case! What Happened? Legal discovery and leaked documents from XBOX and Microsoft show how ruthless their attempts at acquiring every studio under the sun are. Microsoft consider acquiring Sega. List of acquisition targets include: Bungie, CD Projekt RED, Crytek, Ember Labs, FromSoftware, Hello Games, IO interactive, Gearbox, People Can Fly, Remedy, Techland, 505 Games, Focus Home, SEGA, Niantic, Zynga, Supergiant Games, Housemarque, Bloober Team, Avalanche Studios, Level 5, gen DESIGN, Giant Squid, Harmonix Music Studio, Jackbox Games, Mundfish, Roblox Corporation, Team Cherry, Thatgamecompany, Devolver Digital, Annapurna Interactive Microsoft bought Bethesda only to keep it from being a Playstation exclusive. Six Days In Fallujah. Vampire Survivors. Inscryption. Dragonball Z: Kakarot. Street Fighter 6. Steam Summer Sale. Check Us Out On Instagram! Logo by @byllogan @mmry.crd and Toovin Theme Song by Toovin Support Dynamic Resolution: A Video Game Show by contributing to their tip jar: https://tips.pinecast.com/jar/dynamic-resolution This podcast is powered by Pinecast. Try Pinecast for free, forever, no credit card required. If you decide to upgrade, use coupon code r-57c4fc for 40% off for 4 months, and support Dynamic Resolution: A Video Game Show.
Roblox Corporation, Q1 2023 Earnings Call, May 10, 2023
Roblox Corporation, Q4 2022 Earnings Call, Feb 15, 2023
Roblox Corporation, Q3 2022 Earnings Call, Nov 09, 2022
Roblox Corporation, Q2 2022 Earnings Call, Aug 10, 2022
Roblox Corporation, Q1 2022 Earnings Call, May 11, 2022
Roblox Corporation, Q4 2021 Earnings Call, Feb 16, 2022
Roblox is a global phenomenon and the most popular video game platform in the U.S. and Europe. But critics say the company hasn't done enough to protect kids or share profits with the young developers. Journalist Quintin Smith talks about his investigations into Roblox Corporation. And, U.S. senators begin debating legislation on voting rights on Tuesday. Michael Waldman, author and president of the Brennan Center, discusses the state of voting rights at the local and national levels.
Roblox Corporation, Q3 2021 Earnings Call, Nov 09, 2021
Außerdem: Frische Zahlen der Giganten im Einzelhandel.Nach dem Blick auf den Handelsmorgen in den USA gibt es heute zunächst einen noch genaueren Blick auf den S&P 500. Hier ist eine Benchmark erreicht worden, die genug hergibt für die Geschichtsbücher.Ein zweiter wichtiger Punkt sind die US-Einzelhandelsumsätze, heute sind die Zahlen für Juli reingekommen, auch darauf ein genauer Blick. Vorweg nur soviel: Die Zahlen insgesamt sind eine Enttäuschung, wobei stark differenziert werden muss. So hat der Einzelhandelsgigant Walmart die Erwartungen übertroffen, während die Baumarktkette The Home Depot inzwischen schwächelt.Die Aktie des Tages kommt heute aus dem Gaming-Kosmos. In die Analyse geht die Roblox Corporation, die mit ihrer Spieleplattform bislang zu den Pandemiegewinnern gezählt hat. Die neuesten Zahlen aber sehen nicht mehr danach aus. See acast.com/privacy for privacy and opt-out information.
Roblox Corporation, Q2 2021 Earnings Call, Aug 17, 2021
Roblox is an online game platform and game creation system developed by Roblox Corporation. It allows users to program games and play games created by other users. Created by David Baszucki and Erik Cassel in 2004 and released in 2006, the platform hosts user-created games of multiple genres coded in the programming language Lua. For most of Roblox's history, it was relatively small, both as a platform and a company, due to both co-founder Baszucki's lack of interest in press coverage and it being "lost among the crowd" in a large number of platforms released around the same time. Roblox began to grow rapidly in the second half of the 2010s, and this growth has been accelerated by the COVID-19 pandemic.[7][8] Roblox is free-to-play, with in-game purchases available through a virtual currency called "Robux". As of August 2020, Robloxhad over 164 million monthly active users, with it being played by over half of all children aged under 16 in the United States.[9][10] Although Roblox has generally received positive reviews from critics, it has faced criticism for its content, chat filtration system, and microtransactions.
Außerdem: Der kräftige Anstieg der Lordstown-Aktie.Der Höhepunkt dieser Woche steht kurz bevor. Am Abend deutscher Zeit wird Fed-Chef Jerome Powell vor die Presse treten und die weitere Strategie der Notenbank bekannt geben. Die letzten Expertenstimmen im Vorfeld dazu bündeln wir zu Beginn der heutigen Ausgabe.Anschließend ein Update zu Lordstown Motors. Die Aktie des Herstellers von Elektro-Pickups ist nach vielen Querelen jetzt kräftig angestiegen. Wie steht es aktuell um die Zukunft des US-Unternehmens? Danach geht es zu General Motors, dem Lordstown ja einst entsprungen ist. Der Konzern hat ebenfalls Neuigkeiten.Ergebnisse hat Oracle heute verkündet. Die neuesten Zahlen des kalifornischen Soft- und Hardwareherstellers haben die Anleger eher enttäuscht, vor allem der Ausblick. Ein frisches Zahlenwerk hat auch die Roblox Corporation vorgelegt. Mit Beginn der Corona-Pandemie ging es für den Videospiele-Entwickler steil bergauf, jetzt aber kam die Bremse.Die Aktie des Tages ist auf einen Wunsch aus euren Reihen hin die des deutschen Onlinehändlers About you. Das Unternehmen aus Hamburg hat seinen ersten Tag an der Frankfurter Börse erlebt. See acast.com/privacy for privacy and opt-out information.
Roblox Corporation, Q1 2021 Earnings Call, May 11, 2021
If you are around children, chances are, you've probably heard about the popular game Roblox. Have you ever wondered what the buzz is all about? In this episode, we will give you an overview on the game itself and share some background about Roblox Corporation. Support the show (https://www.buymeacoffee.com/1stMentorStreet)