Roblox Forecasts Losses as Pandemic Demand Wanes

Fourth EstateKids Playing Roblox - Henry Burrows

Roblox Corp. said it expects to see losses in the “foreseeable future” as demand for the company’s popular game begins to slow down from pandemic highs. The company reported a 3% decrease in bookings of $631.2 million, well below $645 …

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Uniqlo Claims Profit Loss Due to China COVID-19 Outbreak

Fourth EstateUniqlo Flagship Store - Scarlet Sappho

Fast Retailing Japanese owner of clothing brand Uniqlo said on Thursday that its China operation will report an enormous profit decline this year due to COVID-19 restrictions in China. Fast Retailing Co. is said to be a leading indicator of …

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