New report details the latest app data and trends in mobile gaming and explores new tools, channels and approaches to drive growth and maximize revenueSAN FRANCISCO, March 18, 2024 /PRNewswire/ -- Leading measurement and analytics company Adjust today released The Gaming App Insights Report, a first-of-its-kind resource for studios, developers and mobile marketers, pairing global mobile gaming app data with expert insights from AppLovin and its in-house creative agency SparkLabs. Notable growth in gaming ap ...

U.S. markets have exhibited sideways movement through March owing to a robust rally in the initial months of 2024. Now, investors’ eyes are on the upcoming Fed FOMC meeting scheduled for Mar 19-20. While no rate cut is anticipated, market participants are eagerly awaiting the post-FOMC statements from the Fed Chairman to decide their next moves.Regarding indicators of economic growth, there are conflicting signals. Even after a significant decrease from its peak of 9% in June 2022, inflation remains elevate ...

The U.S. business services space has been benefiting from the strong fundamentals of the economy. Despite facing a record-high interest rate and extremely tight monetary control by the Fed, this sector has provided double-digit returns in the past year.Within this sector, the technology services industry is mature, with demand for services in good shape. Revenues, income and cash flows are anticipated to gradually reach the pre-pandemic levels, aiding most industry players to pay out stable dividends.Growth ...

Addition of Play Install Referrer API makes it easier to distribute and measure cross-play games SAN FRANCISCO, March 12, 2024 /PRNewswire/ -- Leading measurement and analytics company Adjust today announced a first-of-its-kind integration with Google Play Games on PC, marking a significant milestone in empowering gaming app developers, marketers and studios to seamlessly distribute and measure their marketing campaigns across a diverse range of platforms. Adjust is enhancing PC | console measurement with t ...

The Business Services group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. AppLovin (APP) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.AppLovin is one of 315 individual stocks in the Business Services sector. Collectively, these companies sit at #5 in the Zacks Sector Ran ...

The tech rally in 2023 was led by a massive thrust toward AI, especially generative AI. This theme continues to dominate Wall Street’s investment strategy in 2024. Year to date, out of the 11 sectors of the broad-market index the S&P 500 – technology, and its close resemblance, communication services – have rallied 7.7% and 9.5%, respectively.The benchmark itself has advanced 7.4% year to date. Moreover, the tech-heavy Nasdaq Composite has appreciated 8.9% in the same period. Grand View Research estimates t ...

Shares of app monetization company AppLovin (APP 3.35%) soared 45.2% higher during February, according to data provided by S&P Global Market Intelligence. On Feb. 14, the company reported lovely financial results for the fourth quarter of 2023, solidly outpacing expectations on the top and bottom lines. This accounted for the majority of the gains for AppLovin stock during the month.Prior to its earnings report, AppLovin's management had guided for Q4 revenue of $930 million at the most. But in Q4, the comp ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP) (“AppLovin” or the “Company”), a leading marketing platform, today announced the pricing of an underwritten registered secondary offering of 19,866,397 shares of its Class A common stock by KKR Denali Holdings L.P. (the “Selling Stockholder”). AppLovin will not receive any proceeds from the sale of its Class A common stock by the Selling Stockholder in the offering. In addition, AppLovin intends to repurchase approximately $570.0 millio ...

PALO ALTO, Calif.--(BUSINESS WIRE)--AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced the appointment of Barbara Messing, former Roblox Chief Marketing and Communications Officer to its Board of Directors. “We welcome Barbara as an advisor and prominent addition to the AppLovin board,” said Adam Foroughi, Co-founder, CEO and Chairperson of AppLovin. “As we expand the applications of our innovative technology we look forward to harnessing Barbara’s extensive ma ...