KUALA LUMPUR, April 30 (Bernama) -- Last-minute buying lifted Bursa Malaysia’s benchmark index, reversing earlier losses as higher oil prices boosted sentiment for energy- and chemical-related counters. Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said regional markets remained under pressure following negative cues from Wall Street, compounded by surging oil prices, mixed earnings, and a cautious US Federal Reserve stance. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased 1.60 points, or 0.09 per cent, to 1,722.02 from Wednesday’s close of 1,720.42. The benchmark index opened marginally lower at 1,720.23 and moved between a low of 1,712.14 and a high of 1,722.03 throughout the day. Market breadth, however, was negative, with losers trouncing gainers 816 to 360. A total of 546 counters were unchanged, 950 were untraded, and 77 were suspended. Turnover declined to 2.91 billion un...
Summary
Shares of Roblox Corp jumped sharply after the company reported stronger-than-expected users and bookings for the fourth quarter, driven by hit games and broad-based engagement growth across its platform.
What Drove the Rally
Daily active users hit 144 million, beating estimates of 140.4 million
User growth surged 69% year-on-year, far exceeding expectations
Bookings reached US$2.22 billion, topping Wall Street forecasts of US$2.09 billion
Shares soared as much as 27% in extended trading
Hit Games + Broad Engagement
Roblox said blockbuster titles such as Steal A Brainrot and Grow A Garden helped fuel traffic and record engagement in 2025.
But the growth wasn’t just from top titles:
Games outside the top 10 saw 68% growth in engagement, highlighting a healthier and more diversified ecosystem
Outlook Turns More Bullish
2026 bookings guidance: up to US$8.55 billion
Analyst consensus: US$8.05 billion
The guidance upgrade reinforced confidence that Roblox’s momentum can extend into 2026.
Safety Measures: Risk or Opportunity?
Roblox acknowledged that new age-verification and safety rules could create short-term friction, especially for younger users.
However, management sees long-term upside:
More accurate age data enables safer, tailored content
Improved safety and civility are expected to drive sustainable engagement growth
Regulatory & Legal Overhang
Roblox has faced bans or restrictions in several Middle Eastern countries over child-safety concerns
Multiple lawsuits are pending, though the company says it invests heavily in trust and safety and disputes claims of insufficient protection
Bottom Line
Roblox delivered a breakout quarter.
Explosive user growth, better-than-expected bookings, and a confident 2026 outlook helped overshadow near-term safety-related risks — sending the stock sharply higher and restoring investor optimism.
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