Masters of the Universe arrives in Roblox with Battle for Grayskull

Universal Quantum, a British quantum computing startup, raised $100M in Series A funding from investors including Roblox CEO David Baszucki and Singapore's EDBI. The funds will expand research hubs in Germany and Singapore. The company aims to build a working quantum computer within a decade, focusing on a trapped-ion system. Major governments and banks are investing in quantum technology for potential breakthroughs in medicine, finance, and data security.

Unity Software (U) shares rose 2% to $46.51 after CEO Matthew Bromberg discussed plans for Unity Spark, a Google-built platform, to eventually reach game consoles. Roblox (RBLX) and Take-Two (TTWO) stocks showed minimal movement. Unity's partnership with Google aims to expand its creator platform across all devices, with consoles as a long-term goal. The company's stock is still below its 52-week high of $52.15.

Ariel Investments, a major Mattel shareholder, is pushing for a potential sale, according to CNBC. Authentic Brands has expressed takeover interest, valuing Mattel at over $6 billion. Mattel's stock is currently at $15.93, with a market cap of $4.4 billion. Analysts have mixed views, with an average price target of $18. Mattel has bought back $1.5 billion in stock since 2023.

Zuru Group, a private toy company, is reportedly considering a takeover bid for Mattel (MAT), which has a market value of $4.3B. This follows Authentic Brands' reported interest in acquiring Mattel for at least $6B. Mattel, owner of brands like Barbie and Hot Wheels, has been restructuring and is valued higher in recent takeover discussions. Activist investor Ariel Investments, with a 5.4% stake, is pushing for strategic alternatives.

Mattel (MAT) shares rose 3.1% on reports of potential takeover talks with Zuru and interest from Authentic Brands, which may value the company at over $20 per share. Ariel Investments, holding a 5.4% stake, is pushing for strategic alternatives. Mattel is trading at $16.20, with a GF Value of $22.87, indicating a 29.1% undervaluation. The company's GF Score is 75, reflecting balanced financial health. Insider activity shows net buying over the past 12 months.

Roblox (RBLX) shares fell after Google (GOOG) and Unity (U) launched an AI gaming platform, Playground, which allows users to create games from text prompts. Investors see this as potential competition for Roblox's user-generated gaming market. Roblox has been developing its own AI tools. RBLX is trading at $45.51, down 0.11%.