BofA: It’s Too Early to Doubt AppLovin’s E-Commerce Advertising Push
Analyst highlights early-stage e-commerce ad growth and strong gaming outlook despite slight slowdown in merchant additions.
Analyst highlights early-stage e-commerce ad growth and strong gaming outlook despite slight slowdown in merchant additions.
AppLovin beat Q1 earnings, raised outlook, and grew revenue with strong AI-driven ads, boosting stock.
Macquarie starts AppLovin with “Outperform,” $710 target, betting its new ad tech will drive strong growth by 2026.
AppLovin stock rises as Wells Fargo boosts target, citing strong ad growth, steady share, and confidence ahead of Q1 earnings.
A viral research report paints a scary AI future with high unemployment and crashing markets despite productivity gains. Software and payments stocks tank as investors react to the "what if AI success is bad?" scenario.
The U.S. SEC confirms its investigation into mobile ad tech giant AppLovin is still underway, citing risks to the probe if details are released.