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Roblox says a shortage of breakout hit games contributed to a disappointing quarter, with the company losing around $70 billion in market value over the past year as its share price fell roughly 70%. The platform's latest earnings revealed daily active users dropped to 123 million in the second quarter, down from a peak of 152 million in late 2025. Roblox also reported slower player spending growth, with bookings increasing by just 8% year over year. Executives said the lack of viral experiences made it harder to keep players engaged, contributing to slowing user growth after years of rapid expansion. #news #gaming #roblox #online

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