Applovin Corporation

To assess earnings, examine the difference between revenues and production expenses. The growth of earnings is vital for every business, as survival depends on being profitable. Earnings are regarded as the primary factor influencing stock prices. However, expectations of earnings play a significant role.
Currently, companies such as NVIDIA Corporation NVDA, AppLovin Corporation APP and GE Aerospace GE are showing exceptional growth in earnings.
Earnings Estimates & Share Price Movements
Frequently, we have seen a decline in the stock price despite earnings growth and a rally in price following an earnings decline. This is largely the result of a company’s earnings failing to meet market expectations.
Earnings estimates embody analysts’ opinions on factors such as sales growth, product demand, competitive industry environment, profit margins, and cost control. Thus, earnings estimates serve as a valuable tool while making investment decisions. Earnings estimates also help analysts assess the cash flow to determine the fair value of a firm.
Thus, investors should be on the lookout for stocks ready to make a big move. Hence, investors need to buy stocks with historical earnings growth and are seeing a rise in quarterly and annual earnings estimates.
Screening Measures Using Research Wizard:
To shortlist stocks that have striking earnings growth and positive estimate revisions, we have added the following parameters:
Zacks Rank less than or equal to 3 (Only Zacks’ ‘Strong Buys’, ‘Buys’, and ‘Holds’ are allowed. With the Zacks Rank proving itself to be one of the best rating systems out there, this is a great way to start things off.)
5-Year Historical EPS Growth (%) greater than X-Industry (stocks with a strong EPS growth history).
% Change EPS F(0)/F(-1) greater than or equal to 5 (companies that saw year-over-year earnings growth of 5% or more in the last reported fiscal).
% Change Q1 Estimates over the last 4 weeks greater than zero (stocks that have seen their current quarter earnings estimates revised higher in the last 4 weeks).
% Change F1 Estimates over the last 1 week greater than zero (stocks that have seen their annual earnings estimates revised higher in the last 1 week).
% Change F1 Estimates over the last 4 weeks greater than zero (stocks that have seen their annual earnings estimates revised higher in the last 4 weeks).
The above criteria narrowed the universe of around 7,839 stocks to only 70. Here are the best three stocks:
NVIDIA Corporation
NVIDIA, which is focused on computing infrastructure, offers solutions for graphics, computing and networking in the United States, Singapore, Taiwan, China, Hong Kong, and other countries around the world (read more: Better AI Stock for 2H25: NVIDIA or Palantir?).
The company’s expected earnings growth rate for the current year is 42.5%. NVDA currently has a Zacks Rank #3 (Hold) (read more: Can SoundHound AI Stock Be the Next NVIDIA, and Is It a Buy?).
AppLovin Corporation
AppLovin develops a software platform that helps advertisers improve their marketing and monetization efforts for content both in the United States and around the world.
The company’s expected earnings growth rate for the current year is 86.3%. APP currently has a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
GE Aerospace
GE Aerospace manufactures engines for commercial and defense aircraft, along with integrated engine parts, electric power systems, and mechanical systems for aircraft.
The company’s expected earnings growth rate for the current year is 22.6%. APP currently has a Zacks Rank #2 (Buy).
You can sign up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.
The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.
Disclosure: Officers, directors, and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.
Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance.
One Big Gain, Every Trading Day
To help you take full advantage of this market, you’re invited to access every stock recommendation in all our private portfolios - for just $1.
Zacks private portfolio services that closed 256 double and triple-digit winners in 2024 alone. That’s about one big gain every day the market was open. Of course, not all our picks are winners, but members have seen recent gains as high as +627% +1,340%, and +1,708%.
Imagine how much you could profit with a steady stream of real-time picks from all our services that cover a number of strategies to suit a variety of investing and trading styles.
See Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

3 Stocks Showcasing Strong Earnings Growth: NVDA, APP, GE

Key Points
Sellers have arguably overshot their target with beverage and snack-chip outfit PepsiCo.
The social media landscape’s increasingly toxic vibe is driving users to sites where they can better shield themselves from it.
E-commerce remains a major growth opportunity.
Is it time to reset or reallocate your portfolio? Maybe you just need some new places for idle cash that's been slowly building up.
Don't sweat it. I think I can help. Here's a closer look at five stocks I've had an eye on for a while, all of which have become some of my top prospects. I think they'll work for plenty of other investors, too.
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 »
1. PepsiCo
PepsiCo (NASDAQ: PEP) stock has dramatically underperformed shares of its rival Coca-Cola since late 2023, when lingering inflation turned downright painful.
Whereas Coca-Cola's business model largely punts expensive bottling operations to its third-party bottling partners, PepsiCo owns most of its manufacturing facilities, which were suddenly more expensive to operate.
It would also be naïve to pretend Coca-Cola doesn't have at least a little more pricing power than PepsiCo does, particularly in comparison to PepsiCo's Frito-Lay snack chip business.
However, while the backdrop put pressure on PepsiCo's profit margins, it was never the existential threat that the stock's 30% pullback from its 2023 peak suggests. The sell-off has done investors a huge favor, though. It's pumped this stock's forward-looking dividend yield up to 4.2%.That yield is also based on a dividend that has now been raised for 53 consecutive years.
2. AppLovin
Ever heard of AppLovin (NASDAQ: APP)? It would be a bit surprising if you had. It's anything but a household name. There's a good chance you or someone in your household has been exposed to its service, however.
AppLovin helps app developers advertise their apps. This description still understates what the company brings to the table, though. The company's turned digital marketing into an art and a science. From streaming TV to mobile apps and more, AppLovin helps marketers create, manage, and measure advertising campaigns.
Its target market clearly loves what it offers, if this year's projected top-line growth of more than 21% is any indication. This pace of revenue growth is also expected to last at least through 2027. This technology company is also profitable, and increasingly so. In fact, its per-share profits are expected to triple from last year's $4.53 to more than $14.00 per share by 2027.
There's been some drama, for the record. In March, short-selling specialist outfit Muddy Waters argued that AppLovin's advertising tech didn't actually work as effectively as it was said to. Shares tumbled on the news.
It's quite telling, however, that the stock has since more than reclaimed that lost ground.
3. Snap
When Snapchat parent Snap (NYSE: SNAP) went public in 2017, investors were understandably hesitant. Twitter (now X) and Meta Platforms' Facebook were well-entrenched by then, and still growing. The last thing the world seemed to need at the time was yet another social media platform. Investors needed an unprofitable one even less.
A funny thing's happened in the meantime. Snapchat's continued to make forward progress in terms of revenue, profitability, and user headcount. Its first-quarter daily user tally of 460 million extends a slow and steady growth streak to another new record. Sales growth and progress toward consistent profitability remain equally impressive, firmed up by the company's willingness to consistently try new things, and learn from its failures as well as its successes.
What gives? It's arguably an underappreciated theory, but it's possible that more and more people are finding Facebook and X to be a bit too toxic, and increasingly so. It's easier for users to shield themselves from this noise with the Snapchat app.
4. MercadoLibre
There's a good chance you've never heard of MercadoLibre (NASDAQ: MELI). Don't let that deter you. It's a fantastic growth opportunity.
MercadoLibre is often referred to as the Amazon of Latin America, by virtue of its e-commerce platform that serves the entire region. From payment processing to delivery logistics to technological tools for brick-and-mortar retailers, MercadoLibre is a turnkey solution for a bunch of South American consumer-facing businesses. Last year, its tech facilitated the sale of $51.5 billion worth of goods and services, and it also served as the intermediary for nearly $200 billion in digital payments. Both were well up from year-earlier comparisons.
This still only scratches the surface of its opportunity.
In many ways, Latin America's telecom landscape is where North America's was 25 years ago, when Amazon first began growing into a powerhouse. Research outfit Canalys reports that smartphone shipments to Latin America reached a record-breaking 137 million units just last year, in step with the region's now-rapid growth of wired and wireless broadband.
As was the case in North America, this access is driving strong interest in online shopping. A forecast from Payments and Commerce Market Intelligence predicts that the Latin American e-commerce market is set to double in size between 2023 and 2027.MercadoLibre is perfectly positioned to capture more than its fair share of this growth.
5. Alibaba
Last but not least, I'm adding Alibaba (NYSE: BABA) to my list of favorite stocks to buy right now.
Alibaba is parent to China's powerhouse e-commerce platforms Taobao and Tmall, which collectively control about half of China's online shopping market. Its e-commerce sites AliExpress and Alibaba.com -- largely aimed at customers outside of China -- don't boast the same sort of reach, but they're still respectable presences in their own right.
The company is much more than e-commerce. It operates a digital entertainment arm, a logistics service, and a cloud computing business that's developed a powerful AI-powered chat tool called Qwen that can be used -- and monetized -- in several different ways.
What about the tariff standoff that's part of a much bigger trade war being fought between the world's two economic superpowers? It may not matter nearly as much as you might think it should.
China (in general) and Alibaba (in particular) largely operate within silos that don't outright require superstrong relations with top trade partners. As evidence of this argument, after Alibaba's first-quarter top-line growth of 6%, China reported that its retail spending improved 4.8% in June, following May's 6.4% increase. Industrial output remained firm as well.
This isn't to suggest that China wouldn't love to have better trade relations with the U.S. It's simply to point out that the country -- and this company -- can still thrive despite the trade impasses.
Should you invest $1,000 in MercadoLibre right now?
Before you buy stock in MercadoLibre, 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 MercadoLibre 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 $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,056,790!*
Now, it’s worth noting Stock Advisor’s total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of July 15, 2025
Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. James Brumley has positions in Coca-Cola. The Motley Fool has positions in and recommends Amazon, AppLovin, MercadoLibre, and Meta Platforms. The Motley Fool recommends Alibaba Group. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

My 5 Favorite Stocks to Buy Right Now

Key Points
Morgan Stanley estimates that AI software spending will increase by 580% over the next three years to top $400 billion by the end of 2028.
AppLovin has recently been one of the best executors in the adtech industry due to its proprietary AI-powered targeting engine, called Axon.
HubSpot has embedded AI capabilities throughout its CRM platform, and management highlighted strong demand on the recent earnings call.
Artificial intelligence (AI) is quietly weaving its way into our daily lives. Goldman Sachs estimates that 9.2% of U.S. companies now use AI to produce goods and services, twice the number using the technology at the same time last year. And Morgan Stanley estimates that AI software sales will increase by 580% over the next three years, topping $400 billion in 2028.
AppLovin (NASDAQ: APP) and HubSpot (NYSE: HUBS) are likely to benefit from that trend, and most Wall Street analysts see substantial upside in the stocks, as detailed below:
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »
Among 31 analysts that follow AppLovin, the median target price is $470 per share. That implies 29% upside from its current share price of $364.
Among 38 analysts that follow HubSpot, the median target price is $750 per share. That implies 38% upside from its current share price of $542.
Here's what investors should know about these software companies.
1. AppLovin
AppLovin develops adtech software. For years, the company has focused on helping game developers market and monetize their applications, but it has recently introduced adtech software designed for e-commerce brands. Its platform features a targeting engine called Axon that uses artificial intelligence to match advertiser demand with publisher supply across connected TV and mobile devices.
Morgan Stanley recently selected AppLovin as one of the companies best positioned to benefit from growing AI software spending. The analysts called Axon a "best in class machine learning ad engine," saying it has delivered superior return on ad spend for brands on the platform. The report also highlighted AppLovin's in-house creative agency, SparkLabs, which uses generative AI to develop ad content.
AppLovin reported excellent first-quarter financial results. Total revenue increased 40% to $1.4 billion, as strong sales growth in the advertising segment offset a decline in the mobile games segment. Meanwhile, generally accepted accounting principles (GAAP) earnings climbed 149% to $1.67 per diluted share. And management guided for 69% advertising sales growth in the second quarter.
Wall Street estimates that AppLovin's earnings will increase by 55% annually through 2026. That makes the current valuation of 66 times earnings look reasonable, especially since the company beat the consensus estimate by an average of 27% over the last four quarters. Patient investors should feel comfortable buying a small position today.
2. HubSpot
HubSpot develops customer relationship management (CRM) software. Its platform comprises productivity applications for marketing, sales, customer service, and operations teams. It also includes solutions for content management and payments. HubSpot's focus on mid-market businesses (defined as those with 2 to 2,000 employees) differentiates it from industry leader Salesforce, which has designed its platform for large enterprises.
HubSpot has embedded its platform with an AI engine called Breeze. It can summarize CRM records, draft emails, create webpages, generate social media posts, and provide customer support. It can also analyze information, surface insights, and make recommendations that improve efficiency across sales, marketing, and customer service workflows.
HubSpot reported mixed first-quarter financial results due to the macroeconomic uncertainty created by tariffs. Customers climbed 19%, but the average existing customer spent 4% less. In turn, revenue increased 16% to $714 million, but non-GAAP net income increased just 6% to $1.78 per diluted share, as operating margin contracted due to ongoing investments in product development.
Management provided positive updates on AI adoption on the earnings call. "Over the past year, Content Hub attach rates have tripled and Service Hub adoption has improved because of embedded AI," according to CEO Yamini Rangan. She also told analysts that the number of businesses engaging with Breeze Copilot more than doubled compared to the previous quarter.
Wall Street estimates that HubSpot's adjusted earnings will increase by 19% annually through 2026. That makes the current valuation of 66 times adjusted earnings look expensive. But I think earnings could grow more quickly. HubSpot exceeded the consensus estimate by an average of 10% in the last four quarters, and the company could continue to beat estimates as it monetizes new AI features. Investors should consider buying a very small position today.
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 $652,133!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,056,790!*
Now, it’s worth noting Stock Advisor’s total average return is 1,048% — a market-crushing outperformance compared to 180% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of July 15, 2025
Trevor Jennewine has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends AppLovin, Goldman Sachs Group, HubSpot, and Salesforce. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

AI Software Sales Could Soar 580% by 2028: 2 AI Stocks to Buy Now, According to Wall Street

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ERShares Private-Public Crossover ETF (Symbol: XOVR) where we have detected an approximate $149.0 million dollar inflow -- that's a 40.0% increase week over week in outstanding units (from 19,450,000 to 27,225,000). Among the largest underlying components of XOVR, in trading today Oracle Corp (Symbol: ORCL) is up about 3.8%, Applovin Corp (Symbol: APP) is up about 2.3%, and Salesforce Inc (Symbol: CRM) is lower by about 0.4%. For a complete list of holdings, visit the XOVR Holdings page » The chart below shows the one year price performance of XOVR, versus its 200 day moving average:
Looking at the chart above, XOVR's low point in its 52 week range is $11.97 per share, with $19.59 as the 52 week high point — that compares with a last trade of $19.40. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ».
Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
UAL Insider Buying
Institutional Holders of JXSB
Allstate MACD
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Noteworthy ETF Inflows: XOVR, ORCL, APP, CRM

The Trade Desk stock surged 14% in extended trading on July 14 following its S&P 500 inclusion announcement. While this milestone validates the programmatic advertising leader’s market position, investors face a company with strong fundamentals trading at premium valuations with demonstrated high volatility during market stress. Index inclusion creates immediate upward pressure through forced buying by index funds and ETFs that must replicate the S&P 500. This mechanical demand establishes a more stable institutional investor base. That said, if you are looking for an upside with a smoother ride than an individual stock, consider the High Quality portfolio, which has outperformed the S&P and clocked >91% returns since inception. Also, see – Google Stock To $350?
Financial Performance
Revenue Growth
The Trade Desk has delivered exceptional revenue growth, significantly outpacing market benchmarks. The company achieved 25.8% average growth over three years, versus 5.5% for the S&P 500. This momentum continued with 25.1% revenue growth to $2.6 billion over the last twelve months and 25.4% quarterly growth to $616 million in the most recent quarter. This consistent execution across multiple periods demonstrates The Trade Desk’s ability to capture market share as advertising spend migrates toward programmatic platforms.
Profitability
The Trade Desk presents balanced profitability with operational maturity. Operating income of $453 million yields a moderate 17.6% operating margin, while net income of $412 million produces a 16.0% net margin, exceeding the S&P 500 average of 11.6%.
Cash flow generation significantly exceeds reported earnings, with operating cash flow of $845 million translating to a robust 32.9% OCF margin, more than double the S&P 500 average of 14.9%. This demonstrates effective conversion of revenue growth into actual cash generation.
Balance Sheet
The Trade Desk maintains exceptional financial strength with a debt-to-equity ratio of 0.9% versus 19.4% for the S&P 500. Cash and equivalents of $1.7 billion represent 30.5% of total assets, providing adequate liquidity for growth investments and market volatility navigation.
Valuation Analysis
The Trade Desk trades at significant premiums across all valuation metrics. The price-to-sales ratio of 14.8 substantially exceeds the S&P 500’s 3.1, while the price-to-free cash flow ratio of 55.5 compares unfavorably to the index average of 20.9. Most notably, the price-to-earnings ratio of 92.3 dramatically exceeds the S&P 500’s 26.9. These elevated multiples reflect investor optimism about programmatic advertising growth but create substantial downside risk if execution falters or market conditions deteriorate.
Risk Assessment
Market Volatility
The Trade Desk has demonstrated extreme sensitivity to market conditions. During the 2022 inflation shock, the stock fell 64.3% from $111.64 to $39.89, significantly exceeding the S&P 500’s 25.4% decline. The COVID-19 pandemic saw a 54.2% drop versus the S&P 500’s 33.9% decline. However, the company has shown strong recovery capability, fully recovering from both crises. The stock reached $139.51 in December 2024 before settling at current levels around $75. For more details, look at – Buy or Sell TTD Stock.
Competitive and Regulatory Risks
The programmatic advertising market faces increasing competition from technology giants with larger resources and broader digital ecosystems. Regulatory scrutiny around data privacy and market concentration presents ongoing challenges that could impact the business model.
Economic sensitivity represents a key risk, as advertising spending typically contracts during downturns, potentially impacting growth trajectories and justifying current premium valuations.
Investment Implications
The Trade Desk offers compelling exposure to programmatic advertising growth, supported by strong fundamentals and S&P 500 inclusion benefits. The company’s consistent revenue growth, healthy margins, and strong balance sheet provide a solid foundation for continued expansion.
However, extreme valuation premiums across all metrics require careful risk assessment. The stock’s demonstrated volatility during market stress periods makes it suitable primarily for investors with longer time horizons and higher risk tolerance. S&P 500 inclusion provides near-term support through passive flows, but long-term returns depend on maintaining growth rates while expanding internationally and adapting to privacy regulations. Investors should view this as a premium growth investment with significant upside potential balanced against substantial valuation and volatility risks. Now, we apply a risk assessment framework while constructing Trefis High Quality (HQ) Portfolio, which, with a collection of 30 stocks, has a track record of comfortably outperforming the S&P 500 over the last 4-year period. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.
Invest with Trefis Market-Beating Portfolios
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

What's Next For The Trade Desk Stock?

Below is Validea's guru fundamental report for APPLOVIN CORP (APP). Of the 22 guru strategies we follow, APP rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibit characteristics associated with sustained future growth.
APPLOVIN CORP (APP) is a large-cap growth stock in the Software & Programming industry. The rating using this strategy is 77% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest.
The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria.
Detailed Analysis of APPLOVIN CORP
More Information on Partha Mohanram
About Partha Mohanram: Sometimes the best investing strategies don't come from the world of investing. Sometimes research that changes the investing world can come from the halls of academia. Partha Mohanram is a great example of this. While academic research has shown that value investing works over time, it has found the opposite for growth investing. Mohanram turned that research on its head by developing a growth model that produced significant market outperformance. His research paper "Separating Winners from Losers among Low Book-to-Market Stocks using Financial Statement Analysis" looked at the criteria that can be used to separate growth stocks that continue their upward trajectory from those that don't. Mohanram is currently the John H. Watson Chair in Value Investing at the University of Toronto and was previously an Associate Professor at the Columbia Business School.
Additional Research Links
About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

APP Factor-Based Stock Analysis

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Applovin Corp (Symbol: APP), where a total volume of 40,921 contracts has been traded thus far today, a contract volume which is representative of approximately 4.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 73.5% of APP's average daily trading volume over the past month, of 5.6 million shares. Especially high volume was seen for the $400 strike call option expiring July 25, 2025, with 3,903 contracts trading so far today, representing approximately 390,300 underlying shares of APP. Below is a chart showing APP's trailing twelve month trading history, with the $400 strike highlighted in orange:
Fulgent Genetics Inc (Symbol: FLGT) options are showing a volume of 1,551 contracts thus far today. That number of contracts represents approximately 155,100 underlying shares, working out to a sizeable 73.4% of FLGT's average daily trading volume over the past month, of 211,270 shares. Especially high volume was seen for the $30 strike call option expiring January 16, 2026, with 1,503 contracts trading so far today, representing approximately 150,300 underlying shares of FLGT. Below is a chart showing FLGT's trailing twelve month trading history, with the $30 strike highlighted in orange:
And C3.ai Inc (Symbol: AI) options are showing a volume of 37,252 contracts thus far today. That number of contracts represents approximately 3.7 million underlying shares, working out to a sizeable 69.1% of AI's average daily trading volume over the past month, of 5.4 million shares. Especially high volume was seen for the $28 strike call option expiring July 18, 2025, with 3,951 contracts trading so far today, representing approximately 395,100 underlying shares of AI. Below is a chart showing AI's trailing twelve month trading history, with the $28 strike highlighted in orange:
For the various different available expirations for APP options, FLGT options, or AI options, visit StockOptionsChannel.com.
BDC Baby Bonds and Preferreds
BCST Insider Buying
TCI Videos
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Notable Tuesday Option Activity: APP, FLGT, AI

The S&P 500 Index ($SPX) (SPY) Monday closed up +0.14%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.33%. September E-mini S&P futures (ESU25) are up +0.14%, and September E-mini Nasdaq futures (NQU25) are up +0.30%.
Stock indexes on Monday recovered from early losses and settled higher. Short covering emerged in stocks Monday on comments from President Trump, who said he is open to more trade negotiations, including with the European Union.
Join 200K+ Subscribers: Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.
Stocks initially moved lower on Monday after President Trump ramped up tariff threats against US trading partners. Over the weekend, President Trump said the US will impose 30% tariffs on US imports from the European Union and Mexico, beginning August 1. That was a follow-up to President Trump’s announcement last Thursday that a 35% tariff on some Canadian products would take effect on August 1, up from the current 25%.
Stocks have been undercut as President Trump vowed to push forward with his aggressive tariff regime, stressing he would not offer additional extensions on country-specific tariffs set to take effect on August 1. Last week, Mr. Trump imposed a 50% tariff on copper imports that will include semi-finished goods and said that drug companies could face tariffs as high as 200% on imports if they don’t relocate production to the US within the next year. In addition, despite stating that the US was close to a trade deal with India, Mr. Trump said he would still impose a 10% tariff on India’s goods for their participation in BRICS, a group of developing nations he claimed were “set up to hurt” the US.
Hawkish comments Monday from Cleveland Fed President Beth Hammack weighed on stocks and bonds when she said she wants to see inflation lowered further before she’d support cutting interest rates. She said, “We’re not there yet on the inflation side of the Fed’s mandate, and I think it’s important that we wait and see how all the new policies that have been put forward are going to impact inflation.”
Monday’s trade news from China was better than expected, a positive factor for global economic growth and stocks. China June exports rose +5.8% y/y, stronger than expectations of +5.0% y/y. Also, June imports rose +1.1% y/y, stronger than expectations of +0.3% y/y.
The price of Bitcoin (^BTSUSD) continues to soar and rose by more than +1% Monday to a new record high as the US House prepares to consider legislation this week that would advance President Trump’s crypto-friendly agenda. The US House Committee on Financial Services said this week will be “Crypto Week.” The US House Committee on Ways and Means has planned an oversight subcommittee hearing on July 16 entitled, “Making America the Crypto Capital of the World,” which may lead to more crypto-friendly regulations.
The markets this week will focus on any fresh news on tariffs or trade deals. On Tuesday, the US June CPI is expected to strengthen to +1.9% y/y from +1.7% y/y in May, and the June core CPI is expected to strengthen to +2.9% y/y from +2.8% y/y in May. On Wednesday, June PPI final demand is expected to ease to +2.5% y/y from +2.6% in May, and June core PPI is expected to ease to +2.7% y/y from +3.0% y/y in May. Also, on Wednesday, June manufacturing production is expected to fall by -0.1% m/m. Finally, on Wednesday, the Fed will release its Beige Book. On Thursday, June retail sales are expected to climb by +0.1% m/m and +0.3% ex-autos, and weekly initial unemployment claims are expected to climb by +7,000 to 234,000. Also, on Thursday, the July Philadelphia Fed business outlook survey is expected to climb +3.0 points to -1.0, and the July NAHB housing market index is expected to rise +1 to 33. On Friday, June housing starts are expected to climb +3.3% m/m to 1.298 million, and June building permits are expected to slip -0.6% m/m to 1.386 million. Also, the University of Michigan’s US July consumer sentiment index is expected to climb +0.8 to 61.5.
Another hurdle for stocks is the upcoming earnings season, which begins in earnest this week with the release of big bank earnings results. Bloomberg Intelligence data show that the consensus for Q2 earnings of S&P 500 companies is for a rise of +2.8% year-over-year, the smallest increase in two years. Also, only six of the eleven S&P 500 sectors are projected to post an increase in earnings, the fewest since Q1 of 2023, according to Yardeni Research.
Federal funds futures prices are discounting the chances at 5% for a -25 bp rate cut at the July 29-30 FOMC meeting.
Overseas stock markets on Monday settled mixed. The Euro Stoxx 50 closed down -0.23%. China’s Shanghai Composite closed up +0.27%. Japan’s Nikkei Stock 225 closed down -0.28%.
Interest Rates
September 10-year T-notes (ZNU25) Monday closed up by +1.5 ticks. The 10-year T-note yield rose by +1.6 bp to 4.425%. T-note prices on Monday recovered from early losses and settled little changed after a -2% plunge in WTI crude oil prices sparked short-covering in T-notes.
T-notes initially moved lower Monday, with Sep T-notes posting a 3-week low, and the 10-year T-note yield climbing to a 3.5-week high of 4.443%. T-notes came under pressure after President Trump said over the weekend that the US will impose 30% tariffs on goods from the European Union and Mexico, beginning August 1, which could boost inflation and prevent the Fed from cutting interest rates. Rising US inflation expectations also weighed on T-notes as the 10-year breakeven inflation rate rose to a 3.5-month high Monday of 2.405%.
T-note prices were also undercut by hawkish comments from Cleveland Fed President Beth Hammack, who said she wants to see inflation lowered further before she’d support cutting interest rates. Finally, negative carryover from a slide in 10-year German bunds to a 3.5-month low on Monday was bearish for T-notes.
European government bond yields on Monday were mixed. The 10-year German bund yield rose to a 3.5-month high of 2.739% and finished up +0.4 bp at 2.729%. The 10-year UK gilt yield fell -2.2 bp to 4.600%.
Swaps are discounting the chances at 2% for a -25 bp rate cut by the ECB at the July 24 policy meeting.
US Stock Movers
The weakness in semiconductor chip stocks limited gains in the broader market. Micron Technology (MU) closed down more than -4% to lead losers in the Nasdaq 100. Also, GlobalFoundries (GFS), Lam Research (LRCX), and Qualcomm (QCOM) closed down more than -2%. In addition, ARM Holdings Plc (ARM), NXP Semiconductors NV (NXPI), and ON Semiconductor Corp (ON) closed down more than -1%.
Energy producers and energy service providers are sliding today after WTI crude prices tumbled more than -2%. Haliburton (HAL) closed down more than -4% and APA Corp (APA) closed down more than -3%. Also, Occidental Petroleum (OXY), Schlumberger (SLB), Marathon Petroleum (MPC), Baker Hughes (BKR), Phillips 66 (PSX), and Valero Energy (VLO) closed down more than -2%. In addition, Chevron (CVX) closed down more than -2% to lead losers in the Dow Jones Industrials.
Cryptocurrency-exposed stocks moved higher after the price of Bitcoin (^BTCUSD) rose more than +1% to a new record high. MicroStrategy (MSTR) closed up more than +3%, Coinbase Global (COIN) closed up more than +1%, and Riot Platforms (RIOT) closed up nearly 1%.
Nebius Group NV (NBIS) closed up more than +17% after Goldman Sachs initiated coverage of the stock with a recommendation of buy and a price target of $68.
AppLovin (APP) closed up more than +5% to lead gainers in the Nasdaq 100 after Citigroup said the stock remains a “Top Pick” and it expects the 2025 results to fall at the high end of the company’s revenue and adjusted Ebitda forecasts.
Autodesk (ADSK) closed up more than +5% after it said it is allocating its capital to organic investment, targeted and tuck-in acquisitions, and continuing its share repurchase program as its free cash flow grows.
Fastenal (FAST) closed up more than +4% after reporting Q2 net sales of $2.08 billion, better than the consensus of $2.07 billion.
Gen Digital (GEN) closed up more than +1% after B Riley Securities initiated coverage on the stock with a recommendation of buy and a price target of $46.
Visteon Corp (VC) closed up more than +3% after UBS upgraded the stock to buy from neutral with a price target of $142.
Boeing (BA) closed up by more than +1% to lead gainers in the Dow Jones Industrials after investigators, in a preliminary report on last month’s Air India crash, said there was no evidence found that would require them to take action over the aircraft or its engines.
Waters (WAT) closed down more than -13% to lead losers in the S&P 500 after the company said it will combine a Reverse Morris Trust transaction valued at about $17.5 billion with Becton’s Biosciences & Diagnostic Solutions, in which Waters will assume about $4 billion of incremental debt.
Procter & Gamble (PG) closed down more than -2% after Evercore ISI downgraded the stock to in line from outperform.
Best Buy (BBY) closed down more than -1% after Piper Sandler downgraded the stock to neutral from overweight.
Starbucks (SBUX) closed down more than -1% after Melius Research LLC initiated coverage on the stock with a recommendation of sell and a price target of $80.
Intapp (INTA) closed down more than -1% after Barclays downgraded the stock to underweight from equal weight with a price target of $44.
Earnings Reports (7/15/2025)
Albertsons Cos Inc (ACI), Bank of New York Mellon Corp/The (BK), Blackrock Inc (BLK), Citigroup Inc (C), JB Hunt Transport Services Inc (JBHT), JPMorgan Chase & Co (JPM), Omnicom Group Inc (OMC), Pinnacle Financial Partners In (PNFP), State Street Corp (STT), Sun Communities Inc (SUI), Wells Fargo & Co (WFC).
On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Stocks Rebound as Trump Says He’s Open to Trade Talks

Key Points
AppLovin got a bullish note from Citi, which said it was headed for the top of its second-quarter guidance.
The stock has pulled back substantially from its peak, but it's still expensive.
AppLovin could move by double digits following its second-quarter report on Aug. 6.
Shares of AppLovin (NASDAQ: APP) were among the winners today after the fast-growing ad tech company received an endorsement from Citigroup, which called it a top pick.
That news was enough to send the stock up 6.5% as of 3:05 p.m. ET.
Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Learn More »
AppLovin gets a boost
AppLovin has been volatile. The stock, which was a breakout winner last year, is now up against high expectations in a chaotic advertising and economic environment.
However, Citi's note today clearly gave the stock a boost. The bank reaffirmed AppLovin as a top pick heading into its second-quarter results, saying that it expects the company's results to be toward the high end of its guidance range. Citi sees more positives for the stock in the second half of the year.
It also maintained a buy rating on the stock with a price target of $600, implying nearly 70% upside in the stock.
Is AppLovin a buy?
Even as AppLovin has pulled back from its peak, the stock remains pricey at a price-to-sales ratio of 22, but it has the growth to back it up.
In the first quarter, AppLovin stock reported 71% growth in its core advertising business to $1.15 billion. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) jumped 92% to $943.3 million.
The company announced the sale of its mobile app game business in May, allowing it to fully focus on its ad tech platform. Given the high growth, expanding margins, and plans to get into a new vertical like connected TV, the stock could still move considerably higher.
Keep your eye on the Aug. 6 report, as the stock could swing significantly in the wake of the update.
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 $671,477!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,010,880!*
Now, it’s worth noting Stock Advisor’s total average return is 1,047% — a market-crushing outperformance compared to 180% for the S&P 500. Don’t miss out on the latest top 10 list, available when you join Stock Advisor.
*Stock Advisor returns as of July 14, 2025
Citigroup is an advertising partner of Motley Fool Money. Jeremy Bowman has positions in AppLovin. The Motley Fool has positions in and recommends AppLovin. The Motley Fool has a disclosure policy.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Why AppLovin Was Moving Higher Today

In early trading on Monday, shares of Applovin topped the list of the day's best performing components of the Nasdaq 100 index, trading up 5.4%. Year to date, Applovin registers a 9.1% gain.
And the worst performing Nasdaq 100 component thus far on the day is Micron Technology, trading down 5.2%. Micron Technology is showing a gain of 40.2% looking at the year to date performance.
Two other components making moves today are Arm Holdings, trading down 2.6%, and Ansys, trading up 5.2% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Index	Bulls	Bears
Confidence
Support
Cash flows

Applovin Corporation

Market sentiment

Overall assessment

Share of longs and shorts

Long

Short