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Don’t tell Mark Zuckerberg: investors have discovered the super inverse


Gaming platform Roblox, which allows users to create their own avatars and play games created by other players, is arguably the most premium metaverse stock. The company’s shares are up nearly 160% since going live on the New York Stock Exchange earlier this year.
And with a market capitalization of nearly $65 billion, Roblox is now worth more than the established video game giants. Electronic art (EA) and full of scandal Activision Blizzard (ATVI).
Gaming software company Unity software, another metaverse player, just reported impressive earnings and stocks rose on the news.
Companies ranging from Playboy owners Team PLBY and body camera maker Axon (AAXN) to the record label Warner Music Group and media giants Disney (DIS) all discussed the metaverse during earnings calls over the past few weeks.
What Zuckerberg's superstar means to our humanity

PLBY mentioned the possibility of hosting virtual parties with “Rabbitars” at a sublime Playboy mansion, while Axon talked about the growing threat of fraud, theft and other digital crime in Virtual World.

“The metaverse is at the cusp of drastically changing the gaming industry and ultimately beyond,” analysts at Manhattan Venture Research said in a recent report.

Chip giants like Nvidia (NVDA) and Qualcomm (QCOM) are also poised to monetize the metaverse, as their 5G chips and graphics processors will help drive increased push into the virtual world.

Qualcomm CEO Cristiano Amon said during an investor presentation Tuesday that the company wants to be “the ticket to the supermarket.”

There’s even a metaverse ETF (trades under the ticker symbol META) holds Roblox and Unity as well as Nvidia and Qualcomm, Microsoft (MSFT), Amazon (AMZN) and, yes, the Meta Platform.
NS Roundhill Ball Metaverse ETF has gained over 13% in the past month, topping the broader market – and Meta Platforms – in the same time frame.

However, while Facebook isn’t the first to adopt the metaverse, one analyst says that the platform’s recent trend towards virtual worlds is probably a big reason why the metaverse has been in the spotlight lately. more.

“The rebranding of Facebook has brought the concept of the metaverse to a wider audience,” said Chis Beauchamp, head of market analysis at IG. “With other companies following suit, it’s clear that the idea and principle of an entirely new world of services and experiences promises a new way to expand revenue.”

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