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Roblox hits a 52-week high as a wildly simple gardening game created by a 16-year-old explodes in popularity

Roblox’s “Grow A Garden” game, originally created by a teen, has smashed gaming records for concurrent users.

Max Knoblauch

An unbelievably simple gardening simulation game, said to be initially created in about three days by a 16-year-old, has Roblox shares trading at their highest level since late 2021.

The game, called “Grow a Garden,” has players plant seeds, sell their crops for in-game currency called sheckles, and then use that money to purchase more seeds and animals. Users can spend real-world cash to speed up the process. This is the sort of thing that happens when “GTA 6” is delayed.

“Grow a Garden,” which has classic Roblox blocky graphics, has become one of the world’s most popular games. A Roblox spokesperson confirmed to Sherwood News that the game smashed the concurrent player record held by “Fortnite,” with 16.5 million players gardening at once on Friday. That’s about the population of Sweden and Denmark combined. Roblox shares have spiked 72% since March 31, when “Grow a Garden” first sprouted.

Following its initial creation in late March and popularity spike, “Grow a Garden” was partially acquired by a well-known Roblox creator named Janzen Madsen who built out the game further with a team of developers. More recently, Do Big Studios, a Florida-based company that specializes in acquiring and marketing games on the Roblox platform, also invested in the game.

Wedbush Securities analyst Michael Pachter last week said “Grow a Garden” is “driving massive engagement growth” in the company’s current quarter as summer vacation begins. The game has led a 75% surge in concurrent users since December and “has positioned Q2 2025 for a potential record-breaking quarter,” according to Pachter.

Roblox has fostered a massive community of creators, developing unique games within the platform. In its first quarter this year, Roblox reported that its payouts to creators had climbed to more than $281 million.

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Oracle slides on report that data center partner Blue Owl won’t fund $10 billion Michigan facility; company says project is on track without Blue Owl

Oracle shares declined early Wednesday after the Financial Times reported that Blue Owl Capital, the largest funder of Oracle’s data center investment push, will not finance a 1-gigawatt Oracle data center planned for Saline Township, Michigan. The pink-paged periodical reports:

“Blue Owl had been in discussions with lenders and Oracle about investing in the planned 1 gigawatt data centre being built to serve OpenAI in Saline Township, Michigan.

But the agreement will not go forward after negotiations stalled, according to three people familiar with the matter.

The private capital group has been the primary backer for Oracle’s largest data centre projects in the US, investing its own money and raising billions more in debt to build the facilities. Blue Owl typically sets up a special purpose vehicle, which owns the data centre and leases it to Oracle.”

For its part, Oracle told Bloomberg on Wednesday morning that negotiations for a data center project in Michigan are “on schedule” and don’t include Blue Owl.

While not horrible, Wednesday’s drop puts Oracle down 15% so far this week, as the shares continue to be clobbered by rapidly shifting investor sentiment toward lofty AI investment plans.

Oracle is down roughly 45% from the all-time high it hit on September 10, in a plunge that has destroyed more than $400 billion in value. Yowza.

“Blue Owl had been in discussions with lenders and Oracle about investing in the planned 1 gigawatt data centre being built to serve OpenAI in Saline Township, Michigan.

But the agreement will not go forward after negotiations stalled, according to three people familiar with the matter.

The private capital group has been the primary backer for Oracle’s largest data centre projects in the US, investing its own money and raising billions more in debt to build the facilities. Blue Owl typically sets up a special purpose vehicle, which owns the data centre and leases it to Oracle.”

For its part, Oracle told Bloomberg on Wednesday morning that negotiations for a data center project in Michigan are “on schedule” and don’t include Blue Owl.

While not horrible, Wednesday’s drop puts Oracle down 15% so far this week, as the shares continue to be clobbered by rapidly shifting investor sentiment toward lofty AI investment plans.

Oracle is down roughly 45% from the all-time high it hit on September 10, in a plunge that has destroyed more than $400 billion in value. Yowza.

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Roblox willing to make changes to have its ban lifted in Russia, one of its biggest markets

Gaming platform Roblox on Wednesday said it is willing to make certain changes in order to have its ban lifted in Russia.

Russia banned Roblox earlier this month, alleging that the platform hosted “extremist materials” and “LGBT propaganda.” The country is a top 5 market for Roblox.

Shares were up 0.7% in recent trading.

The company is “ready to temporarily limit communication features in Russia and to revise our content moderation processes to address the legal requirements necessary to restore our community’s access to the platform,” a Roblox spokesperson told Reuters.

Russian media has reported that children in the country have sent thousands of letters in protest of the ban. Last week, JPMorgan downgraded Roblox. The firm said Russia’s ban could affect up to 10 million daily active users for the company.

Shares were up 0.7% in recent trading.

The company is “ready to temporarily limit communication features in Russia and to revise our content moderation processes to address the legal requirements necessary to restore our community’s access to the platform,” a Roblox spokesperson told Reuters.

Russian media has reported that children in the country have sent thousands of letters in protest of the ban. Last week, JPMorgan downgraded Roblox. The firm said Russia’s ban could affect up to 10 million daily active users for the company.

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Joby announces plans to double its air taxi manufacturing to 4 per month by 2027

Air taxi maker Joby Aviation on Wednesday announced that it’s making investments in equipment, facilities, and employees to double its aircraft output — to four per month — by 2027.

The company said it’s working to finalize an alliance with investor Toyota that will support the increase.

The aircraft will be produced in California and Ohio.

Earlier this year, Joby announced that it had received a $250 million investment from Toyota. The automaker had also made a $400 million investment in Joby in 2020.

The aircraft will be produced in California and Ohio.

Earlier this year, Joby announced that it had received a $250 million investment from Toyota. The automaker had also made a $400 million investment in Joby in 2020.

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