U.S. stocks fell on Thursday with the Dow Jones dropping over 250 points, led by declines in communication services and tech sectors, while energy stocks rose 0.6%. Initial jobless claims in the U.S. increased by 5,000 to 210,000, matching market expectations, signaling steady but cautious labor market conditions. Oil prices surged nearly 4% to $93.88, contrasting with declines in gold, silver, and copper. European and Asian markets also closed lower amid global economic concerns. Investors are watching jobless claims and commodity prices for cues on economic health and market direction.
Pomerantz LLP is investigating AppLovin Corporation for potential securities fraud following a 12.65% stock drop triggered by a Bank of America report showing weaker-than-expected e-commerce ad growth in June. The report raised concerns about AppLovi...
AppLovin is navigating a challenging first half of 2026 as it expands its self-serve ad engine beyond gaming into larger consumer and e-commerce sectors. The company aims to sustain 20–30% long-term growth by broadening its total addressable market, ...
