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.

Every investor in Roblox Corporation (NYSE:RBLX) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are institutions with 68% ownership ...

Roblox, the popular and controversial sandbox game played primarily by children, has released its 2022 financial report, showing a massive loss for the company of over $1 billion.