AppLovin’s business model revolves around helping clients promote and monetize mobile applications, particularly video games. Yet, three years ago, its performance was unremarkable. At one point, management appeared ready to abandon the effort, even proposing an unsolicited merger with Unity Software-a deal that would have ceded control to Unity’s leadership.
It is Nvidia that stands, in the eyes of many, as the harbinger of the artificial intelligence revolution. Its processors-like the mighty engines of an ancient ship-power the vast and sprawling cosmos of AI. And, in truth, this very force has driven its stock up by over a thousand percent since the dawning of 2023, a dazzling feat that has placed it firmly at the pinnacle of the corporate world. With a market value of $4.1 trillion, Nvidia now holds the crown of the largest publicly traded company in the world. Yet, as in the vast steppes of Russia, one cannot help but wonder: might this be but the beginning of a far grander tale?
Since its IPO in 2021, AppLovin has outperformed the S&P 500 by a margin that would make a toddler’s math homework blush. Revenue has soared 510%, net income 3,490%-all in under five years. This is the kind of growth that makes you wonder if the stock market is a time machine, and someone accidentally pressed “fast forward.” (Parenthetically, the same could be said of most financial news headlines.)
With newfound wizardry and the blessings of U.S. initiatives, one must wonder: could tossing a coin into the MP Materials wishing well today set you up for a prosperous life of fantastical riches? Let us embark on this thrilling quest through the enchanted terrain of its business and the adventure that awaits.
It is a smaller affair than last week’s tempest, yet these expirations, like minor squabbles amongst neighbours, often stir up a surprising amount of commotion. And, as if ordained by fate, this occurs just as a foolish hope blossoms in the hearts of men – the expectation that the Federal Reserve will, with a benevolent wave of the hand, lower interest rates. As if such things were easily controlled! 🙄
A forward split is basically a company saying, “Hey, our stock is so hot right now, we need to make it affordable for your average Joe.” And let’s be real, if your stock is so expensive you need a calculator just to buy one share, you’ve got a problem. These splits aren’t just about price-they’re about perception. And in the world of finance, perception is everything. Even if it’s just a number on a screen.
In a confiding little whisper to the microcosm of the internet, our cheeky Glassnode has taken a peek into the mechanics of love, or what’s supposed to be one, between Bitcoin and Gold. This “Correlation,” if you’d kindly excuse the statistical term, is the cheeky but somewhat reliable chaperone that sizeably decides if our two lovers are head over heels in the same direction or frighteningly entangled in a dance of opposition. 🕺💃
Eric Balchunas, the guy who’s probably been waiting for this ETF since the 90s, says “Another delay. Launching next week. Mid week. Prob Thur.” Oh, great, another “next week”! What’s the deal, Eric? Are you running a dating app or an ETF? 💼
According to a chirpy X post by the number-crunchers at Lookonchain, BitMine’s wallet is now fatter than a Thanksgiving turkey. 🦃 Their latest purchase? A cool $200 million worth of ETH. Because, you know, they were feeling a bit light in the digital pockets. Back in September, they dropped a casual 202,500 ETH, pushing their total past the 2 million mark for the first time. Their goal? Own 5% of all ETH in existence. Ambition? Check. Sanity? Questionable. 🤔
Institutional inflows, whale activity, and a wave of staking are creating a chain reaction. It’s all very… reactive. They’re saying this pushes SOL closer to its previous All-Time High (ATH). Because setting new highs is *so* last year. Could this be the ‘true beginning’ of a “SOL season”? Possibly. Though, seasons change, don’t they? 🤷
