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Applovin stock rises on hopes of easing U.S.-Iran tensions and lower inflation risks.

Market News
26 May 2026
Evette Mitkov
View Source
Bullish
pluang ai news

Applovin shares surged as hopes grow for a U.S.-Iran agreement and reopening of the Strait of Hormuz, which could ease oil prices and inflation concerns. The U.S. recently struck Iranian missile sites in self-defense, while President Trump encouraged Iran to join a global coalition. Traders now bet increasing odds on the Strait reopening by year-end, which would reduce inflation pressures and support central banks in potentially cutting interest rates. This positive outlook is boosting software stocks like Applovin.

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