AppLovin Plunges 18% Despite Blowout Earnings as AI Fears Rule

Core Insights - AppLovin delivered a beat-and-raise quarter for the fourth quarter, with revenue and profits exceeding analyst expectations [1] - Management provided guidance for the upcoming quarter that is above Wall Street estimates [1] Financial Performance - Revenue and profits for the fourth quarter surpassed analyst expectations, indicating strong financial performance [1] Future Outlook - The guidance issued by management for the next quarter is optimistic, suggesting continued growth and performance above market expectations [1]