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Bull of the Day: Digital Turbine (APPS)
ZACKS· 2025-11-10 13:01
Core Viewpoint - The NASDAQ is experiencing a resurgence, particularly in small-cap tech, presenting opportunities to identify stocks with strong earnings trends that are currently undervalued [1] Company Overview - Digital Turbine (APPS) is highlighted as a Zacks Rank 1 (Strong Buy) stock, positioned at the intersection of mobile advertising, app delivery, and content monetization [2] - The company's software is pre-installed on smartphones, enabling carriers and manufacturers to deliver apps and ads seamlessly to users [2] Earnings Trends - Analysts have revised next year's earnings estimates upward, increasing the Zacks Consensus Estimate from 73 cents to 85 cents, indicating a projected earnings growth of 157% year-over-year [3] - Despite a current year earnings contraction of 5.7%, the positive revisions signal a turnaround for the company [3] Market Position - Digital Turbine's turnaround is evident in its Price, Consensus & EPS Surprise chart, with estimates trending higher since Q2 and six consecutive quarterly earnings beats fostering analyst optimism [4] - The stock trades at a forward P/E of around 18x, significantly below the software industry's average of 28x and the broader market's 24x earnings [4] Technical Analysis - The stock shows a strong positive trend with a 200-day moving average positively sloped, currently trading near $6 after a pullback from over $8 [5] - A retest of the 50-day moving average occurred recently, indicating a potential buying opportunity at this key technical level [5]
Apple loses UK lawsuit over app store commissions
Yahoo Finance· 2025-10-23 15:57
Core Viewpoint - Apple lost a lawsuit in London regarding its 30% commission charged to app developers, which was deemed an abuse of its dominant market position, potentially affecting around 20 million users and valued at up to £1.5 billion ($2.01 billion) [1][2][3] Group 1: Legal Proceedings - The Competition Appeal Tribunal (CAT) ruled against Apple, stating that the company had abused its dominant position by excluding competition in the app distribution market and charging excessive prices [2][3] - Members of the claimant class are entitled to damages, with the calculation of these damages to be discussed in a hearing next month [3] Group 2: Company Response - Apple plans to appeal the ruling, arguing that it presents a flawed view of the competitive app economy [3] - An Apple spokesperson emphasized the benefits of the App Store for developers and consumers, claiming it provides a safe and trusted environment for app discovery and secure payments [4] Group 3: Industry Context - This case marks the first mass lawsuit against a tech giant under Britain's new class action-style regime, indicating a potential increase in similar legal challenges in the future [4]
1 Big Reason to Buy Solana Right Now, and 1 Reason to Be Cautious
Yahoo Finance· 2025-09-20 19:36
Group 1 - The core idea is that blockchains issuing cryptocurrencies can be analyzed based on the revenue they generate, with higher revenue and growth indicating better investment potential [1] - Solana is highlighted as a strong investment candidate, having generated approximately $6.9 million in revenue from its decentralized applications (dApps) on September 18, surpassing the combined revenue of the next ten chains and nearly tripling that of its closest competitor [2][5] - Over the past 30 days, Solana's total application revenue reached $211 million, more than double that of Ethereum, indicating sustained performance rather than a temporary spike [5][6] Group 2 - The term "application revenue" refers to the revenue earned by apps on a blockchain, excluding stablecoin issuers and gas fees, serving as a measure of user engagement and payment for services [4] - The consistent revenue generation from Solana's applications suggests a thriving app economy, which incentivizes developers to create more products, thereby enhancing growth within the ecosystem [6][7] - A significant portion of spending on Solana's blockchain is directed towards applications that facilitate the launch and trading of meme coins, indicating a specific market focus [8]