Latest news with #DSP
Yahoo
3 days ago
- Business
- Yahoo
Here's Why AppLovin (APP) Fell in Q1
Fred Alger Management, an investment management company, released its 'Alger Mid Cap Focus Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q1 2025, U.S. equities faced increased volatility due to shifting fiscal, monetary, and trade policies. The rise of advanced AI models from China, which matched U.S. capabilities at lower costs, intensified this uncertainty. As a result, investors reevaluated the high capital expenditures of U.S. tech firms, leading to a sell-off in AI stocks and concerns over domestic AI returns. Against this backdrop, Class A shares of the Fund underperformed the Russell Midcap Growth in the quarter. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Alger Mid Cap Focus Fund highlighted stocks such as AppLovin Corporation (NASDAQ:APP). AppLovin Corporation (NASDAQ:APP) develops a software-based platform for advertisers to enhance the marketing and monetization of their content. The one-month return of AppLovin Corporation (NASDAQ:APP) was 39.63%, and its shares gained 373.04% of their value over the last 52 weeks. On May 28, 2025, the stock of AppLovin Corporation (NASDAQ:APP) closed at $390.26 per share, with a market capitalization of $132.059 billion. Alger Mid Cap Focus Fund stated the following regarding AppLovin Corporation (NASDAQ:APP) in its Q1 2025 investor letter: "AppLovin Corporation (NASDAQ:APP) is an advertising technology company offering a digital platform that helps mobile app developers market, monetize, and analyze their apps. We believe the company is experiencing a positive lifecycle change, driven by its AI-powered software engine. While currently focused on mobile gaming, AppLovin is expanding into other market segments. Its Demand Side Platform (DSP) supports ad placements, user acquisition, inventory matching, and performance analytics. Further, we believe AI is central to AppLovin's growth, driving a large majority of the company's revenue through its recommendation and targeting engine. In our view, AppLovin gains a competitive advantage, delivering higher-value app installs by leveraging data from its game portfolio and developer partners. We believe this scale and data advantage enhances its network effect, improving its technology and boosting market share in mobile gaming. As developers use the platform, the company collects data that continuously refines its algorithms, creating more value and attracting more developers to the ecosystem. During the quarter, shares detracted from performance after a report from a short[1]selling firm questioned AppLovin's business practices. In response, the company defended its operations and hired an independent law firm to investigate the claims. Despite these challenges, AppLovin's focus on AI and machine learning continues to enhance its advertising capabilities, positioning the company for sustained growth in the mobile app ecosystem, in our view." A close-up of a mobile device, showing an advertiser reaching out to a consumer via a software-based platform. AppLovin Corporation (NASDAQ:APP) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 96 hedge fund portfolios held AppLovin Corporation (NASDAQ:APP) at the end of the first quarter, which was 95 in the previous quarter. AppLovin Corporation's (NASDAQ:APP) Q1 2025 revenue surged 40% to $1.5 billion. While we acknowledge the potential of AppLovin Corporation (NASDAQ:APP) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered AppLovin Corporation (NASDAQ:APP) and shared Sands Capital Technology Innovators Fund's views on the company. Carillon Eagle Mid Cap Growth Fund also analyzed AppLovin Corporation (NASDAQ:APP) in its Q1 2025 investor letter and attributed its decline during the quarter to the same factors. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Here's Why AppLovin (APP) Fell in Q1
Fred Alger Management, an investment management company, released its 'Alger Mid Cap Focus Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In Q1 2025, U.S. equities faced increased volatility due to shifting fiscal, monetary, and trade policies. The rise of advanced AI models from China, which matched U.S. capabilities at lower costs, intensified this uncertainty. As a result, investors reevaluated the high capital expenditures of U.S. tech firms, leading to a sell-off in AI stocks and concerns over domestic AI returns. Against this backdrop, Class A shares of the Fund underperformed the Russell Midcap Growth in the quarter. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Alger Mid Cap Focus Fund highlighted stocks such as AppLovin Corporation (NASDAQ:APP). AppLovin Corporation (NASDAQ:APP) develops a software-based platform for advertisers to enhance the marketing and monetization of their content. The one-month return of AppLovin Corporation (NASDAQ:APP) was 39.63%, and its shares gained 373.04% of their value over the last 52 weeks. On May 28, 2025, the stock of AppLovin Corporation (NASDAQ:APP) closed at $390.26 per share, with a market capitalization of $132.059 billion. Alger Mid Cap Focus Fund stated the following regarding AppLovin Corporation (NASDAQ:APP) in its Q1 2025 investor letter: "AppLovin Corporation (NASDAQ:APP) is an advertising technology company offering a digital platform that helps mobile app developers market, monetize, and analyze their apps. We believe the company is experiencing a positive lifecycle change, driven by its AI-powered software engine. While currently focused on mobile gaming, AppLovin is expanding into other market segments. Its Demand Side Platform (DSP) supports ad placements, user acquisition, inventory matching, and performance analytics. Further, we believe AI is central to AppLovin's growth, driving a large majority of the company's revenue through its recommendation and targeting engine. In our view, AppLovin gains a competitive advantage, delivering higher-value app installs by leveraging data from its game portfolio and developer partners. We believe this scale and data advantage enhances its network effect, improving its technology and boosting market share in mobile gaming. As developers use the platform, the company collects data that continuously refines its algorithms, creating more value and attracting more developers to the ecosystem. During the quarter, shares detracted from performance after a report from a short[1]selling firm questioned AppLovin's business practices. In response, the company defended its operations and hired an independent law firm to investigate the claims. Despite these challenges, AppLovin's focus on AI and machine learning continues to enhance its advertising capabilities, positioning the company for sustained growth in the mobile app ecosystem, in our view." A close-up of a mobile device, showing an advertiser reaching out to a consumer via a software-based platform. AppLovin Corporation (NASDAQ:APP) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 96 hedge fund portfolios held AppLovin Corporation (NASDAQ:APP) at the end of the first quarter, which was 95 in the previous quarter. AppLovin Corporation's (NASDAQ:APP) Q1 2025 revenue surged 40% to $1.5 billion. While we acknowledge the potential of AppLovin Corporation (NASDAQ:APP) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the undervalued AI stock set for massive gains. In another article, we covered AppLovin Corporation (NASDAQ:APP) and shared Sands Capital Technology Innovators Fund's views on the company. Carillon Eagle Mid Cap Growth Fund also analyzed AppLovin Corporation (NASDAQ:APP) in its Q1 2025 investor letter and attributed its decline during the quarter to the same factors. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
AppLovin's Valuation Reflects High Expectations For Monetization Expansion: Analyst
Needham analyst Bernie McTernan reiterated its Hold rating on AppLovin Corp. (NASDAQ:APP) on Wednesday. AppLovin's primary tool for future growth is Axon 2, which is an ad optimizer operating within the DSP that allows advertisers to place ads according to specified return thresholds. In McTernan's third AppLovin Ecommerce Tracker, the total number of websites in his sample using Axon grew by +3% compared to last month to 323, which includes 18 gross adds and 7 seven churned websites were more than the one churn last month, the analyst noted. However, two of the seven companies shut down their businesses, he said in the analyst note. McTernan said Apparel, Footwear & Accessories was the largest category gainer in the past month, with 10 gross adds and one churn. The analyst noted that AppLovin announced in December that the company had 600 e-commerce brands and a $1 billion ad spend run rate. Given the relatively modest growth and essentially unchanged pixel helper count, he does not believe self-service has launched yet. McTernan noted one big brand add the Pixel this month, Reebok, which Authentic Brands Group, a private brand management company, owns. Press reports indicate Reebok does ~$5 billion in sales, which is in the bottom quartile for revenue among the 70 big brands he sampled. Authentic Brands Group combined for $32 billion+ of revenue, the analyst said. Some of the brands that added the Pixel include Champion, Juicy Couture, and Vince Camuto, he said. Other brands ABG owns but not using the Pixel include Nautica, Aeropostale, Lucky, Brooks Brothers, Sperry, Spyder, Ted Baker, Forever 21, Hunter, McTernan noted. As a reminder, the analyst noted that focusing on some of the larger brands in his dataset is essential as they have the most remarkable ability to scale advertising spending on the platform. He considered ~70 websites in his tracker big brands. McTernan noted no change to AppLovin's reported user count for the Axon pixel at 2k. The analyst noted that the user count crossed from 1k to 2k between February 28 and March 5, which he noted means the user count passed 1,500 that week. AppLovin projected second-quarter revenue of $1.21 billion and EPS of $1.86. Weighing in on AppLovin's valuation, McTernan stated that the company's valuation has become one of the most expensive within their coverage group. This surge is driven by heightened expectations for the company's ability to further monetize its advertising platform through new verticals, he noted. Price Action: APP stock is trading higher by 1.29% to $385.83 at last check Wednesday. Read Next:Photo by Piotr Swat via Shutterstock Date Firm Action From To Feb 2022 Morgan Stanley Maintains Overweight Feb 2022 Credit Suisse Maintains Outperform Feb 2022 Credit Suisse Maintains Outperform View More Analyst Ratings for APP View the Latest Analyst Ratings UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLOVIN (APP): Free Stock Analysis Report This article AppLovin's Valuation Reflects High Expectations For Monetization Expansion: Analyst originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hans India
4 days ago
- Politics
- Hans India
EPS slams MK Stalin over credit claim in Anna University assault case verdict
Chennai: AIADMK General Secretary and former Chief Minister Edappadi K. Palaniswami on Wednesday welcomed the Mahila Court's swift verdict convicting Gnanasekaran in the high-profile Anna University sexual assault case. However, he strongly criticised Chief Minister M.K. Stalin for attempting to claim credit for the judiciary's action. In a series of pointed posts on social media, Palaniswami asserted that the real credit for the conviction goes to the judiciary and the Madras High Court, which had directed the formation of a Special Investigation Team (SIT) composed of women IPS officers to handle the sensitive case. He accused Stalin of trying to politically capitalise on the judicial outcome. 'Justice has been delivered not because of the DMK government, but in spite of it,' Palaniswami wrote, adding that the judgment should not be used for political mileage. 'The Chief Minister's self-congratulatory tone is misplaced,' he said. The AIADMK leader further stated that several critical questions surrounding the case remain unanswered. Chief among them, he said, is why the convict Gnanasekaran was released immediately after his first arrest, only to be rearrested later. 'What transpired between his release and second arrest?' he asked. Palaniswami also demanded clarity on why key figures, including a Minister and the Deputy Mayor, were never questioned during the probe. He questioned the abrupt withdrawal of DSP Raghavendra Ravi from the SIT, a move that had raised eyebrows at the time. 'Why did the officer resign midway? What pressure was he under?' he asked. Referring to the cryptic phrase reportedly used by the accused during the crime — 'Who's that sir?' — Palaniswami said this key clue remains shrouded in mystery. 'Who is that 'sir'? The people deserve to know,' he said. Meanwhile, AIADMK senior leader and coordinator of the party's Workers' Rights Retrieval Committee, O. Panneerselvam, praised the Mahila Court for delivering justice within five months. He said the swift verdict has rekindled public confidence in the judicial system and could act as a deterrent against crimes targeting women. The Anna University sexual assault case, which took place in December 2024, had sparked widespread outrage and intense political debate in Tamil Nadu. The court has announced that sentencing for the convicted accused will be pronounced on June 2.
Hans India
4 days ago
- General
- Hans India
Yoga on boats special attraction in Godavari
Bhimavaram: Government Whip and local legislator Bommidi Nayakar, and district joint collector T Rahul Kumar Reddy jointly performed yoga asanas with everyone at Valandara dock of Godavari river on Tuesday as part of Yogandhra programme. The big highlight of the programme was the yoga practice in two boats at the Sagara Sangamam on the Vashishtha Godavari. On the occasion, Nayakar said that the NDA government has taken the Yogandhra programme as a challenge and everyone should strive to make it a success. He said that the Yogandhra programmes are being held as a feast for the eyes on the call of Prime Minister Narendra Modi, Chief Minister Chandrababu Naidu and Deputy Chief Minister Pawan Kalyan. He said that the Vashishta Godavari is a great pilgrimage site and the yoga practice programme has inspired him a lot. He said that practicing yoga regularly helps in achieving physical, mental and emotional well-being. He said that he feels lucky to participate in the yoga practice programme on the boats of the Vasishta Godavari. Joint collector Rahul Kumar Reddy said that conducting Yogandhra programmes in tourism areas will give international recognition and inspiration, and the programmes are being successfully conducted in West Godavari district on the call of Chief Minister Chandrababu Naidu He said that the photos, videos, and coverage showing the beauty and natural beauty of the Vashishtha Godavari should reach Prime Minister Narendra Modi and the state Chief Minister Chandrababu Naidu. On June 3, Yogabhyasa will be held at Penugonda Ammavari Devasthanam, on the 9th at Perupalem Beach in Mogalthur mandal, on the 16th at Alluri Sitarama Raju Smriti Vanam in Bhimavaram, and on the 19th at Bhimavaram DNR College and Narasapuram VYN College. Yogandhra programmes will be organised with 5,000 people. The yoga practice programme was attended by District Revenue Officer M Venkateswarlu, RDO Dasiraju, DSP Dr G Sri Veda, Trainee DSP K Manasa, District Tourism Officer AV Appa Rao, District Education Officer E Narayana, AYUSH District Officer Dr A Hari Srinivasu, Coordinator Dr A Sriram, District Arogyasri Coordinator Dr K Keerthi Kiran, Municipal Commissioner B Anjaiah, Tahsildar Aitham Satyanarayana, officers and employees of various departments, municipal councillors, yoga trainers Kaligotla Gopala Sharma, PSD Bhavani, M Govinda Rao, A Sunitha, Mohan Krishna, Vijaya, Anantha Lakshmi, Rohini, commentator Chakraavadhanulu Reddapa Daveji, city dignitaries, students, and others participated.
