XORTX Provides Corporate Update and Planned Activities for 2025 / 2026
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Globe and Mail
15 minutes ago
- Globe and Mail
AppLovin Shares Jump as Revenue Continues to Surge. Is It Too Late to Buy the Stock?
Key Points AppLovin once again saw its revenue and profits soar in Q2. The company has a lot of irons in the fire to continue to drive strong growth. The stock still looks reasonably priced. 10 stocks we like better than AppLovin › AppLovin (NASDAQ: APP) once again held up to the short-seller scrutiny it's been under, with yet another quarter of surging revenue and profitability growth. The stock is now up more than 500% over the past year and more than 30% year to date. A trio of short-sellers -- Fuzzy Panda Research, Muddy Waters, and Culper Research -- have tried to cast doubt on the legitimacy and effectiveness of AppLovin's artificial intelligence (AI) adtech platform, Axon 2.0. However, the company just keeps delivering outstanding growth quarter after quarter. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Meanwhile, their claims that AppLovin's software violates user privacy and installs apps on users' devices without their consent have not been met with any blowback from app store operators Alphabet or Apple. No slowdown in sight After selling its legacy app business, AppLovin is now a pure-play adtech company. In the second quarter, its revenue surged 77% to $1.26 billion. The company also continues to see strong gross margin improvement and reduced operating costs. In Q2, its gross margins improved to 87.7% from 82.9% a year ago, while it lowered its operating costs by 29%, including a 34% reduction in sales and marketing spending. This is leading to soaring profitability metrics that are growing even faster than revenue. Earnings per share (EPS) from continuing operations jumped from $0.89 a year ago to $2.39. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), meanwhile, nearly doubled year over year to $1 billion. AppLovin generated $772 million in operating cash flow and $768 million in free cash flow. It ended the quarter with $2.3 billion in net debt, down from $3.2 billion in Q1, following the sale of its app business. The majority of AppLovin's revenue growth continues to come from its core gaming ad business. It said that e-commerce, which it is piloting, also performed well, but it limited new customer onboarding to focus on the upcoming launch of its self-serve platform. The company believes its self-service portal will be the foundation for its next decade of growth. It said the platform establishes the framework for automatically generated ads and that it puts the day-to-day control directly in advertisers' hands. It will open up the Axon ads manager on a referral basis at the start of October, with plans for a global public launch in the first half of 2026. It will also open up its platform to advertisers outside the U.S. for the first time at the start of October. Notably, the company said that the vast majority of its user audience is outside the U.S. It also plans to implement a paid marketing campaign next year to recruit new advertisers. Historically, the company's adtech platform has grown more by word of mouth. Looking ahead, AppLovin forecasts Q3 revenue to be between $1.32 billion and $1.34 billion, representing growth of around 59%. It projected adjusted EBITDA to come in between $1.07 billion and $1.09 billion. It expects to be able to grow its revenue by 20% to 30% a year moving forward, just from gaming. However, management is upbeat about the potential of expanding beyond its core market. Is it too late to buy the stock? Despite its more than 500% gain over the past year, AppLovin's stock is still reasonably priced. It trades at a forward price-to-earnings (P/E) ratio of about 40.5 times 2026 analyst estimates, but a one-year forward price/earnings-to-growth (PEG) ratio of just 1, with 1 being the threshold of whether a stock is considered undervalued. Meanwhile, 2026 appears to be shaping up to potentially be an exciting year. Between opening up its platform globally this fall to the launch of its self-serve platform and continuing to expand beyond gaming, AppLovin has a lot of irons in the fire to keep driving strong growth. While the short-seller scrutiny needs to continue to be monitored, I still think AppLovin's combination of growth and valuation warrants taking a position in the stock. Should you invest $1,000 in AppLovin right now? Before you buy stock in AppLovin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and AppLovin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025 Geoffrey Seiler has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet, AppLovin, and Apple. The Motley Fool has a disclosure policy.
Toronto Star
2 hours ago
- Toronto Star
Caledonia Mining Corporation Plc: Caledonia approves quarterly dividend
ST HELIER, Jersey, Aug. 11, 2025 (GLOBE NEWSWIRE) — Caledonia Mining Corporation Plc ('Caledonia' or 'the Company') (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) is pleased to announce that the board of directors has approved a quarterly dividend of 14 United States cents (US$0.14) on each of the Company's shares. The relevant dates relating to the dividend are as follows:
Globe and Mail
3 hours ago
- Globe and Mail
Why CoreWeave Stock Skyrocketed Last Week
Key Points CoreWeave stock saw big gains in connection with news that its buyout of Core Scientific could be blocked. CoreWeave has entered into terms to buy Core Scientific in a $9 billion all-stock deal. Shareholders of both companies have some reservations about the acquisition deal. 10 stocks we like better than CoreWeave › CoreWeave (NASDAQ: CRWV) stock recorded huge gains over the past week of trading. The artificial intelligence (AI) company's share price soared 24.4% higher across the stretch. CoreWeave's big stock rally arrived in conjunction with the news that one of the company's big strategic initiatives could face major hurdles. According to reports, CoreWeave's $9 billion deal to buy Core Scientific could wind up being blocked -- but many investors actually seem to be happy with the news. What's next for CoreWeave? CoreWeave announced on July 7 that it had entered into an agreement to purchase Core Scientific at a $9 billion valuation. Even before the deal was officially announced, rumblings of a potential acquisition were met with negative reactions from CoreWeave shareholders. Some big Core Scientific shareholders are also apparently unhappy with the deal. While terms for the potential buyout have already been agreed to, Core Scientific's shareholders still need to approve the acquisition. Along with bullish valuation momentum for the broader AI space, hopes that the buyout could be scuttled helped power big gains for CoreWeave stock this week. What's next for CoreWeave? If CoreWeave were to complete its acquisition of Core Scientific, it would help the company reduce roughly $10 billion in lease expenses. On the other hand, the all-stock deal would result in a substantial amount of share value dilution for current stockholders -- and some investors and analysts are wondering whether the buyout is in the company's best interest. While news about the potential Core Scientific acquisition will probably continue to play a significant role in CoreWeave stock's near-term performance outlook, the AI cloud computing company has strengths that could allow it to deliver strong returns regardless of how the buyout situation resolves. Should you invest $1,000 in CoreWeave right now? Before you buy stock in CoreWeave, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and CoreWeave wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 4, 2025
