KPMG is spending $30 million to train employees in the metaverse and other Web3 bets [Fortune]
Roblox Corporation Class A (RBLX)
Company Research
Source: Fortune
gaming aspect of the metaverse,” Cliff Justice, US Leader of Enterprise Innovation, told me. “All the collaboration that has been developing, maturing and refined in the gaming space is extending into more serious business to business and business to consumer commerce.” KPMG US and Canada are investing a combined $30 million over the next year in a focus on Web3 and metaverse capabilities, including a collaboration hub . “This is an investment in our people and new technologies,” Justice says. “We've created a center for excellence in the U.S., and Canada has done the same. We're developing products and services. We have a studio incubator to test new ideas and new services around Web3 and . And we have funds set aside to co-develop with clients.” Think of the metaverse as “the evolution of the internet,” Justice says . Beyond the extended reality aspect of the metaverse, it is part of Web3 technologies, which is really enabled by decentralized blockchain technology, and “conceiva
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RBLX
News
- Roblox Co. (NYSE: RBLX) had its "buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $50.00 price target on the stock.MarketBeat
- Roblox upgraded, Qualcomm initiated: Wall Street's top analyst calls [Yahoo! Finance]Yahoo! Finance
- Roblox Co. (NYSE: RBLX) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $48.00 price target on the stock, up previously from $41.00.MarketBeat
- Roblox Co. (NYSE: RBLX) had its "buy" rating re-affirmed by analysts at Stifel Nicolaus. They now have a $53.00 price target on the stock.MarketBeat
- Embracer Decides To Split Up, Names New Companies Things Like 'Middle-earth Enterprises & Friends' [Yahoo! Finance]Yahoo! Finance
RBLX
Earnings
- 2/7/24 - Beat
RBLX
Sec Filings
- 4/18/24 - Form 4
- 4/17/24 - Form 4
- 4/17/24 - Form 144
- RBLX's page on the SEC website