Roblox CEO Defends Margin Drop Amid Stock Sell-Off, Cites AI And Infrastructure Spending: Report
In an interview with CNBC, Roblox CEO David Baszucki framed the margin decline as a deliberate, short-term sacrifice to fuel growth
Stocktwits·2d ago
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Why AppLovin Stock Is Falling Over 2% Premarket Today
The SEC probe was reportedly initiated following a whistleblower complaint earlier this year, as well as a series of short reports.
Stocktwits·25d ago
‘Incredible’ or ‘Absolute Bubble’? AppLovin Retail Buzz Explodes After Record Rally Brings Valuation Closer To Giants
AppLovin is all set to launch its AXON Ads Manager non-gaming self-serve tool, and Morgan Stanley sees it as a catalyst to grow the company’s ad business.
Stocktwits·1mo ago
AppLovin Retail Traders Stay Cautious After AdTech Company Makes The Cut For S&P 500 Inclusion
Shrugging off the short attacks, AppLovin reported strong second-quarter results in early August.
Stocktwits·2mo ago
BTIG Calls AppLovin A ‘Top Pick’ As Gaming Dominance Grows: Retail Says Traders Are Underestimating The Stock
BTIG’s assessment suggested the company leveraged favorable industry trends and gained market share as it heads into earnings.
Stocktwits·3mo ago
Unity Software Surges As Wall Street Sees Ad Tech Revival: Retail Compares Stock To GameStop
Wall Street analysts see renewed strength in Unity Software, citing improved ad performance, rising sentiment, and product upgrades.
Stocktwits·4mo ago
AppLovin Analyst Sees ‘Plenty Of Further Upside’ For Stock — But Retail Stays Guarded
The first-quarter results released in early May showed that AppLovin’s total revenue grew 40% year over year (YoY) and its adjusted EBITDA margin was at 68%.
Stocktwits·4mo ago
Amazon Missed Out On Nintendo Switch 2's Debut Due To Disagreement Over Unauthorized Sales - Report
The gaming console went on sale in the U.S. at Walmart, Target, Best Buy, and GameStop.
Stocktwits·4mo ago
Is Invesco Leisure and Entertainment ETF (PEJ) a Strong ETF Right Now?
Zacks·5mo ago
Sony Raises PS5 Price In Europe And Australia Amid Trump Tariff Fallout: US Hike Likely Next
Sony cited “the challenging economic environment, including high inflation and fluctuating exchange rates” as the reason behind its move.