AppLovin's shares fell 20% following a slight miss on Q2 revenue estimates, despite reporting 52% year-over-year growth and strong business fundamentals. The company expects robust Q3 revenue growth of 47%, with high-end projections above analyst consensus, indicating no significant slowdown. Trading at an attractive valuation of 16 times its 2027 EPS target and expected to grow earnings at 30% annually long-term, the stock remains appealing. However, investors are advised to wait for potential post-earnings dips before increasing exposure aggressively.
Trade Desk's stock dropped 4% following its removal from the S&P 500 index, triggering mechanical selling by passive funds. This decline is part of a broader repricing in the programmatic advertising sector, as seen in similar drops for Magnite, whil...
A class action lawsuit has been filed against AppLovin Corporation by investors who bought its securities between February and August 2026. The lawsuit alleges that AppLovin made false or misleading statements about delays in its generative AI video ...
