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Roblox shares slid more than 20% in early trading, as the gaming giant dialed back its forecasts for growth and first-quarter earnings showed player spending is slowing.
On Thursday, Roblox Corp (NYSE:RBLX) stock tumbled after it reported fiscal fourth-quarter 2024 bookings growth of 21% year-on-year to $1.36 billion, missing the analyst consensus estimate of $1. ...
Founder and CEO David Baszucki seems to have an answer: 1 billion daily active users. To put that goal in perspective, Roblox had around 78 million daily active users as of the end of the first ...
Monetary inflation is a sustained increase in the money supply of a country (or currency area). Depending on many factors, especially public expectations, the fundamental state and development of the economy, and the transmission mechanism, it is likely to result in price inflation, which is usually just called "inflation", which is a rise in the general level of prices of goods and services.
That is to say that, if and were constant or growing at equal fixed rates, then the inflation rate would exactly equal the growth rate of the money supply. An opponent of the quantity theory would not be bound to reject the equation of exchange, but could instead postulate offsetting responses (direct or indirect) of Q {\displaystyle Q} or of V ...
The equation is an approximation; however, the difference with the correct value is small as long as the interest rate and the inflation rate is low. The discrepancy becomes large if either the nominal interest rate or the inflation rate is high. The accurate equation can be expressed using periodic compounding as:
Roblox's free cash flow grew fivefold in Q2. For premium support please call: 800-290-4726 more ways to reach us
According to the quantity theory supported by the monetarist school of thought, there is a tight causal connection between growth in the money supply and inflation. In particular during the 1970s and 1980s this idea was influential, and several major central banks during that period attempted to control the money supply closely, following a ...