Bank of America raises the price target 🚀
The stock $APP (-0.05%) has been in my portfolio for some time now.
https://www.deraktionaer.de/artikel/indizes/applovin-mega-hausse-neues-kursziel-20366060.html
Bank of America raises the price target 🚀
The stock $APP (-0.05%) has been in my portfolio for some time now.
https://www.deraktionaer.de/artikel/indizes/applovin-mega-hausse-neues-kursziel-20366060.html
📣All these stocks hit new 52 WEEK HIGHS at some point today
📣All these stocks hit new 52 WEEK HIGHS at some point today
Alcon $ALC (+1.27%)
Applovin $APP (-0.05%)
Beigene $BGNE (+0%)
Boston Scientific $BSX (+1.35%)
British American Tobacco $BTI (-1.75%)
Carrier $CARR
Fair Isaac $FICO (+1.71%)
NextEra $NEE (-2.77%)
ServiceNow $NOW
Natera $NTRA
Public Service $PEG (-0%)
Insulet $PODD (+0.28%)
Sharkninja $SN
Squarespace $SQSP (-0.48%)
Stryker $SYK (+0.63%)
Even good figures no longer help in these gloomy times; the company is being sold off arbitrarily and without reason.
The stock market can sometimes be capricious. Despite strong quarterly figures and a positive forecast for the current quarter, advertising technology specialist AppLovin (NASDAQ:APP) saw its share price fall sharply in the after-hours trading on Wednesday.
Approving Earnings $APP (-0.05%)
Satisfied with the use of AI?
Have a wonderful Monday morning!
I just read an exciting survey from Bain & Company that shows that companies around the world are investing heavily in artificial intelligence (AI). Bain has identified four main themes that emerge from their survey:
Widespread adoption of Generative AI87% of the companies surveyed are developing, testing or already using generative AI. These technologies are mainly used in areas such as software development, customer service, marketing and sales.
High investmentsSmaller companies invest around USD 5 million per year in generative AI, while larger companies spend up to USD 50 million per year. These investments show the high confidence in the potential benefits of AI.
Expectations are being exceededMore than 80% of companies report that generative AI has met or exceeded their expectations. This underlines the immediate added value that AI can create in various business areas. - But not everyone is happy! (see picture)
Future priority60% of the companies surveyed see generative AI as a top 3 priority for the next two years. This indicates that the trend towards AI integration in companies will continue.
What do you think of these developments in the AI sector? Do you think that investments in AI will pay off in the long term?
I am convinced that investments in AI will pay off in the long term. The widespread use and significant investments show that the benefits are real. Of course there are risks, but the opportunities seem to outweigh the risks. I find the developments in software development and customer service particularly exciting, as immediate added value is created here. UGs (regardless of size) need to adapt to avoid being left behind.
I look forward to your opinions and an exciting discussion!
Source:
AI Survey: Four Themes Emerging | Bain & Company
Interesting stocks on the topic (don't hold any of the stocks mentioned):
$WIX (+0.56%)
$GTLB (+1.08%)
$GDDY (+3.24%)
$APP (-0.05%)
$ZENV
The price target is $93.52 and the stock is covered by 20 analysts.
Buy
13
Hold
6
Sell
1
AppLovin Corporation provides application technology platform, AppLovin. The Company operates through two segments: Software Platform, and Apps. Its Software Platform is primarily made up of four key solutions, such as AppDiscovery, MAX, Adjust, and Wurl. AppDiscovery is powered by AXON, its AI-powered advertising engine, and matches advertiser demand with publisher supply through auctions at vast scale and at microsecond-level speeds. MAX is a monetization solution, utilizing an advanced in-app bidding technology that optimizes the value of a publishers advertising inventory by running a real-time competitive auction. Adjust is a measurement and analytics marketing platform which provides marketers with the visibility, insights, and data needed to scale their apps marketing results. Wurl is connected TV (CTV) platform that both distributes streaming video for content companies and provides advanced advertising and publishing solutions to attract viewers and maximize revenue.