Cisco helps drag Wall Street lower as investors try to separate AI winners from losers [Globe and Mail, The (Toronto, Canada)]
Applovin Corporation - Class A (APP)
Company Research
Source: Globe and Mail, The
The S&P 500 fell 0.6%, even though more stocks rose than fell in the index. The Dow Jones Industrial Average was down 53 points, or 0.1%, as of 11 a.m. Eastern time, and the Nasdaq composite was 1.1% lower. AppLovin helped drag the market lower and fell 18.7% despite reporting a stronger profit for the latest quarter than analysts expected. Like other software companies, it's come under pressure recently from worries that AI-powered competitors will steal customers. AppLovin CEO Adam Foroughi pushed back on the worries, saying in a conference call with analysts that indicators show his company is doing well. “There's a real disconnect between market sentiment and the reality of our business,” he said. Its stock nevertheless worsened its loss for the young year so far, which came into the day at 32.2%. Cisco Systems dropped 11.1% despite topping analysts' expectations for profit and revenue last quarter. The tech giant indicated that it may make less profit off each $1 of reve
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News
- Stocks making the biggest moves midday: Crocs, Cisco, Lululemon, AppLovin & more [CNBC]CNBC
- Wall Street Lunch: Gallup's Decision To Stop Presidential Approval Ratings Sparks Questions [Seeking Alpha]Seeking Alpha
- AppLovin's Web Self-Serve Rollout Seen as Key Catalyst, Morgan Stanley Says [Yahoo! Finance]Yahoo! Finance
- AppLovin (NASDAQ:APP) had its "outperform" rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $700.00 price target on the stock.MarketBeat
- AppLovin: This Sale Won't Last [Seeking Alpha]Seeking Alpha
APP
Earnings
- 2/11/26 - Beat
APP
Sec Filings
- 2/11/26 - Form 8-K
- 1/16/26 - Form 4
- 12/19/25 - Form 4
- APP's page on the SEC website