Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of DoubleVerify Holdings, Inc. during the specified Class Period of the upcoming lead plaintiff deadline for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought DoubleVerify common stock between November 10, 2023, and February 27, 2025, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and those wishing to serve as lead plaintiff must act by July 21, 2025 [3]. Group 2: Case Allegations - The lawsuit alleges that DoubleVerify made false and misleading statements regarding its business operations, including the shift of customer ad spending to closed platforms where its capabilities were limited [5]. - It is claimed that DoubleVerify's high-margin Activation Services faced significant challenges in monetization due to the high costs and time required for technology development on closed platforms [5]. - The lawsuit also states that DoubleVerify systematically overbilled customers for ad impressions served to declared bots, and its risk disclosures were materially misleading [5]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in recovering hundreds of millions for investors [4]. - The firm has been recognized for its leadership in securities class action settlements, including a notable settlement against a Chinese company [4].

Core Viewpoint - A class action lawsuit has been filed against DoubleVerify Holdings, Inc. for alleged securities fraud and unlawful business practices, with investors encouraged to join the lawsuit by July 21, 2025 [1][2]. Financial Performance - On February 28, 2024, DoubleVerify lowered its revenue growth expectations for Q1 2024, leading to a stock price drop of $8.35, or 21.3%, closing at $30.89 on February 29, 2024 [4]. - On May 7, 2024, the company cut its full-year 2024 revenue outlook due to reduced ad spending from customers, resulting in a stock price decline of $11.79, or 38.6%, closing at $18.78 on May 8, 2024 [5]. - On February 27, 2025, DoubleVerify reported lower-than-expected Q4 2024 sales and earnings, with a stock price drop of approximately 36%, closing at $13.90 on February 28, 2025 [6]. Market Concerns - A report by Adalytics Research on March 28, 2025, claimed that DoubleVerify's advertisement verification services are ineffective, stating that customers are billed for ad impressions served to bots, which contradicts the company's claims [7].

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against DoubleVerify Holdings, Inc. due to allegations of violations of federal securities laws, with a deadline for investors to seek lead plaintiff status in a class action lawsuit by July 21, 2025 [3][5]. Group 1: Allegations Against DoubleVerify - The complaint alleges that DoubleVerify misled investors by failing to disclose that customers were shifting ad spending from open exchanges to closed platforms, where the company's capabilities were limited [5]. - It is claimed that DoubleVerify's ability to monetize its high-margin Activation Services was constrained due to the high costs and time required for technology development for closed platforms [5]. - The complaint states that competitors were better positioned to integrate AI into their offerings on closed platforms, negatively impacting DoubleVerify's competitive edge and profitability [5]. - Allegations include that DoubleVerify systematically overbilled customers for ad impressions served to declared bots, and that risk disclosures were materially false and misleading [5]. Group 2: Impact of Allegations - The truth about DoubleVerify's financial struggles was revealed on February 27, 2025, when the company reported lower-than-expected sales and earnings, leading to a significant stock price drop of $7.83 per share, or 36%, from $21.73 to $13.90 [6]. - The decline in stock price was attributed to reduced customer spending and the suspension of services by a major client, alongside the shift of ad dollars impacting the company negatively [6]. Group 3: Legal Proceedings - The lead plaintiff in the class action will be the investor with the largest financial interest who is typical of class members, overseeing the litigation on behalf of the class [7]. - Any member of the class can move to serve as lead plaintiff or remain an absent class member without affecting their ability to share in any recovery [7].

NEW YORK, June 27, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in DoubleVerify Holdings, Inc. ("DoubleVerify Holdings, Inc." or the "Company") (NYSE: DV) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of DoubleVerify Holdings, Inc. investors who were adversely affected by alleged securities fraud between November 10, 2023 and February 27, 2025. Follow the link below to get more information and be contacted by a member of our team: ...

Way back in February, I I wrote this newsletter that essentially that everyone in the ad industry is terrified of not advertising on X because at the time the owner of the company was BFF with the president of the United States and they were suing people who didn't advertise there. Right? So there was this implicit um uh sort of idea that hey if we don't spend money on X we are going to be sued. The claim is that this is anti-competitive and that these brands are sort of colluding to damage X's business. I ...

Is AI about to eat the advertising industry’s lunch? @martinsorrell, the celebrated ad man and WPP founder, joins “Money Talks”, with @EthanYWu and @Birdyword https://t.co/tKHU5TSB2o ...

Core Viewpoint - The Trade Desk (TTD) stock has experienced a significant decline of 40% in 2025, primarily due to internal restructuring and a slower-than-expected launch of its AI platform, Kokai, raising questions about its investment potential [2] Valuation Analysis - TTD stock is currently priced at approximately $70, which appears attractive based on a thorough evaluation of its historical performance and financial health [3] - The company's price-to-sales (P/S) ratio is 13.4, significantly higher than the S&P 500's 3.1, indicating that TTD stock is relatively expensive compared to the overall market [4][7] - Despite its high valuation metrics, TTD is trading below its three-year historical average P/S ratio of 19x, suggesting potential for upside [10] Revenue Growth - TTD has shown a robust revenue growth rate of 25.8% over the last three years, compared to a mere 5.5% for the S&P 500 [7] - The company's revenues increased by 25.1% from $2.1 billion to $2.6 billion in the past 12 months, outpacing the S&P 500's growth [7] - Quarterly revenues rose by 25.4% to $616 million in the most recent quarter, compared to $491 million a year earlier [7] Profitability Metrics - TTD's profit margins are around the median level for companies within the Trefis coverage scope, with an operating income of $453 million and an operating margin of 17.6% [12] - The net income for TTD was $412 million, resulting in a net income margin of 16.0%, which is higher than the S&P 500's 11.6% [12] Financial Stability - TTD's balance sheet is robust, with a debt figure of $335 million against a market capitalization of $35 billion, leading to a low debt-to-equity ratio of 1.0% [12] - Cash and cash equivalents amount to $1.7 billion, constituting a solid cash-to-assets ratio of 30.5% [12] Resilience During Downturns - TTD stock has historically performed worse than the S&P 500 during downturns, indicating weak resilience in challenging economic conditions [9][13] - The stock has shown volatility, with a peak-to-trough decline of 64.3% from November 2021 to November 2022, compared to a 25.4% decline for the S&P 500 [13]

Core Insights - Amazon's stock has risen over 150% from $85 in early 2023 to around $210, with potential to double in the coming years driven by AWS and AI [2][3] AWS and AI Growth - AWS is Amazon's most profitable segment, with revenue growth of 19% year-over-year in 2024 and 17% in Q1 2025, expected to remain in the high teens [3][5] - Amazon invested approximately $75 billion in capital expenditures in 2024, with expectations to exceed $100 billion in 2025, primarily for AI infrastructure [3][4] - AWS generated $108 billion in revenue in 2024, accounting for 17% of total revenues and approximately 40% of total EBITDA [5] Advertising Revenue - Amazon's advertising business reached $56.2 billion in 2024, a 20% increase year-over-year, with Q1 2025 revenue at $13.9 billion, up 19% [9][10] - The introduction of ads on Prime Video and extensive e-commerce data enhances targeting capabilities, providing a competitive edge [10] E-commerce Stability - The online stores segment generated $247 billion in annual revenue, representing 39% of Amazon's total business, providing consistent cash flow for growth investments [11] Path to Doubling Stock Value - For Amazon's stock to double, consistent growth across AWS, advertising, and e-commerce is essential, with projections of revenues exceeding $900 billion in three years and earnings doubling to over $10 per share [12][14] - Key growth drivers include AWS growth above 20%, advertising revenue reaching $80-90 billion annually, and improved operating margins from AI investments [13][15] Investor Sentiment and Valuation - The convergence of revenue scaling and profitability improvements from AI could lead to significant investor optimism, potentially allowing for premium valuation multiples [16]

Core Insights - AppLovin Corporation is establishing itself as a strong player in mobile advertising through three interconnected factors that provide sustainable competitive advantages [1] Group 1: Company Overview - AppLovin utilizes an AI-based advertising engine as its technology-centric platform [1] - The company focuses on long/short equity strategies, conducting deep fundamental analysis to identify undervalued stocks for long positions and overvalued stocks for short positions in global equity markets [1] Group 2: Financial Analysis - AppLovin builds detailed financial models using discounted cash flow (DCF), relative valuation, and scenario analysis to assess company fundamentals, growth potential, and risks [1] - The company delivers high-conviction investment recommendations through comprehensive research, contributing to alpha generation for the fund [1] Group 3: Market Strategy - AppLovin monitors market trends, sector dynamics, and macroeconomic factors to adjust strategies and optimize portfolio performance in real time [1] - The company collaborates with the Portfolio Manager to size positions, manage risk exposure, and navigate challenges such as short squeezes or market volatility [1]

Core Insights - Both Spotify Technology S.A. and AppLovin Corporation are utilizing AI to enhance their advertising strategies, with Spotify focusing on consumer engagement and AppLovin optimizing in-app advertising [1][2] Spotify (SPOT) - Spotify is leveraging AI to improve user experience and engagement, with features like Spotify Wrapped that analyze user data to strengthen brand loyalty [7][10] - The AI DJ tool curates personalized playlists in real-time, enhancing user retention and increasing time spent on the platform, which directly boosts monetization potential [8][10] - Spotify's strategic integration of AI tools positions it as a leading innovator in digital audio, creating a defensible data-driven moat [10] AppLovin (APP) - AppLovin is transforming into a diversified, AI-powered advertising leader, with a strategic focus on web advertising, e-commerce, and connected TV (CTV) through the acquisition of Wurl [3][4] - The Axon 2 AI engine has significantly improved ad performance, quadrupling ad spend on the platform and contributing to an estimated $10 billion annual run rate from gaming clients [5][6] - AppLovin's AI-driven approach is enabling hyper-targeted ad campaigns across CTV devices, enhancing ad efficiency and measurable outcomes for advertisers [4][9] Financial Estimates - AppLovin's 2025 sales and EPS are projected to grow by 17% and 89% year-over-year, respectively, with EPS estimates trending upward [11] - Spotify's 2025 sales are expected to grow by 818%, while EPS is projected to increase by 57%, although EPS estimates have been trending downward [13] - AppLovin's forward sales multiple is 18.82X, while Spotify's is 7.03X, indicating a more attractive valuation for Spotify despite its downward-trending EPS estimates [15][16] Investment Outlook - AppLovin is currently viewed as the more compelling buy due to its strong EPS growth estimates and AI-driven recovery in a post-IDFA world, while Spotify's deeper user engagement is offset by concerns over its EPS trends [16][17]