(Bloomberg) -- Apple Inc.’s top executive in charge of media-related software technology is leaving the iPhone maker to join Roblox Corp., adding to a string of recent high-profile departures. Most Read from Bloomberg‘Huge, Missing and Growing:’ $65 Trillion in Dollar Debt Sparks ConcernStocks Slump as Fed-Hike Jitters Lift Bond Yields: Markets WrapChina’s Covid Pivot Accelerates as Cities Ease Testing RulesAmbitious Plans to Build Indonesia a Brand New Capital City Are Falling ApartOPEC+ Pauses
With many growth stocks trading far from their peaks, that cheer might come from the significant opportunities for bold long-term investors in 2023 and beyond. Here's what you need to know about these three stocks to buy in a bear market. Justin Pope (Roku): Roku gained some attention over the past few years as the era of streaming got underway.
Roblox (NYSE: RBLX) stock is down 69% year to date thanks to slowing growth through the first half of the year. After reporting declining bookings (a non-GAAP measure of revenue) in the second and third quarters, Roblox posted double-digit growth in bookings in the third quarter. Roblox is seeing top-line growth reaccelerate after bookings declined in the first half of the year.