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Thoughts on RBLX and AI's impact post-earnings
Given $RBLX's current price action hovering around 35.6 after today's drubbing, I'd put the odds of it retesting its 40-mark highs from earlier this morning by month-end at a pretty slim 20%, unless some genuinely groundbreaking AI integration news drops out of nowhere; frankly, I'm more inclined to see it consolidate or dip further before any significant upside from here.
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It's always amusing how quickly 'groundbreaking AI integration news' becomes the required catalyst for any stock to do anything but plummet. Perhaps Roblox needs to announce an AI that plays the game for you, then we'll see $40 again.