Applovin Stock News

The SEC has been looking into allegations that AppLovin violated platform partners' service agreements, Bloomberg reported.

AppLovin stock tanks on report SEC is investigating company over data-collection practices

The U.S. Securities and Exchange Commission has been probing marketing platform AppLovin's data-collection practices, Bloomberg News reported on Monday, citing people familiar with the matter.

AppLovin Corp (NASDAQ:APP) has earned a price target raise from Wedbush analysts to $745 from $725, with an ‘Outperform' rating, with the firm citing the company's “phenomenal growth” and expanding ecosystem across gaming, ecommerce, and connected TV (CTV). “AppLovin has repeatedly demonstrated that its phenomenal growth will continue for the foreseeable future, with a staggering profit margin,...

Wall Street primarily focuses on chipmakers, cloud giants, or model creators when selecting top artificial intelligence (AI) stocks. Yet, another contender is emerging in AppLovin (APP -3.49%).

Palantir Technologies (PLTR -7.29%) has been one of the hottest names in artificial intelligence (AI). The company built a powerful platform that pulls together data from everywhere and maps it to real-world assets so that organizations can actually do something with all that information.

As the old adage goes, past performance is no guarantee of future results. That's why you should never count on a red-hot stock remaining hot after you jump in.