The mentality in this high-rate environment has been all about cost cuts and driving up efficiencies. In any case, Roblox is still investing with growth in mind. Should the Metaverse become a hot topic again, though, Roblox is one of the names that could quickly heat up. It's this uncertainty that's kept the broader basket of metaverse (or VR/AR) stocks from blasting off. As for the Metaverse, it's tough to tell when the "gold rush" will begin. Undoubtedly, AI seems so much closer to entering its prime, and with that comes monetization (or money-saving) opportunities that may be realizable over a nearer-term time horizon. Though Meta still seeks to become a pioneer in the Metaverse (or spatial computing), a lot of enthusiasm has shifted over to other trends, including AI.
Meta Platforms ( NASDAQ:META) helped spark initial metaverse hype when it decided to shift gears and go after the new medium of growth. Renewed Metaverse Enthusiasm Could be Hugely Beneficial for Roblox Stock
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