🚀 AppLovin $APP just crushed Q3 and guided higher, and the stock is up ~16% pre-market.
📊 EPS $4.30 vs ~$4.04 est. | Revenue $2.19B (+55% YoY) vs ~$2.08B | Q4 guide $2.365–2.395B vs ~$2.25B consensus. $1.4B of free cash flow, and the buyback was raised by $3.2B.
🟢 Bull case: 84% EBITDA margins, AI ad models still rolling out, and e-commerce/consumer advertisers growing at triple digits YoY.
🔴 Bear case: after a gap like this, the valuation leaves no room for error, there's a securities class action over its AI claims, and the guide implies slower sequential growth.
While chips bleed after the midterms, the software/ad-tech winners are getting paid. Chase the gap or wait for a dip? 👇
$APP $SPX500 $NSDQ100 $NVDA $TSLA $AAPL $MSFT $AMZN $META $GOOG $BTC
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