Roblox Corporation (NYSE: RBLX) shares are trading higher Monday after Wedbush reiterated its Outperform rating and a $165 ...

CEO David Baszucki told creators that Roblox’s “next frontier” hopes to tap into 10% of the $180 billion global gaming market.

At the Roblox Developers Conference, Roblox showed its developers more tools that are like stepping stones to the metaverse.

Among the developers, the majority are ages 13 to 20. Roblox encourages the most talented developers with internships. The accelerator is now in the third year, and the applications are growing.

While Roblox offers developers the potential to earn revenue, much like Apple does with the App Store, those participating have to deal with a tougher financial situation.

Developer Revenue: There are 7 million active developers in 170 countries on Roblox. Of that total, 380 developers are part of the Developer Exchange Program that has certain criteria like ...