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-0.00187830735610193 -0.00124618468818302 0 -0.00299806751070108 -0.00254655131933046 0.0135093644458091 -0.00112860987195005 -0.00443840416117319
Stock impact report

AppLovin's ad tech business could steal Amazon's lunch [Yahoo! Finance Canada]

Applovin Corporation - Class A (APP) 
Once primarily known as a mobile game publisher, AppLovin has transitioned into a pure-play software and AI-driven ad tech company. It now acts as an infrastructure layer, connecting thousands of advertisers with mobile app publishers to sell ad space in real time. "AppLovin should definitely be able to compete with DSPs [demand side platforms] like Amazon outside of the walled gardens if their AXON machine learning advertising engine continues to successfully onboard non-gaming advertisers," Morningstar analyst Mark Giarelli told Yahoo Finance. That engine, AXON 2.0, is the proprietary AI brain of the company. It uses massive datasets from mobile users to calculate which consumer is most likely to click buy for a specific product. Giarelli's bullishness on AppLovin is backed by a fiscal profile that makes even household AI names look sluggish. In a research note, Giarelli points to AppLovin's Rule-of-40 score (a gold-standard metric combining revenue growth and operating margi Show less Read more
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