AppLovin
Coverage of AppLovin in the Nexus archive.
- Iran, Oman, and the US are nearing a Hormuz deal — and SpaceX's insiders can finally sell
Geopolitically, Iran, Oman, and the US are reported as nearing a Hormuz deal. In tech markets, investors faced pressures due to SpaceX's post-IPO lockup expiration, coupled with weak results from Sandisk and AppLovin.
- Meet the ‘AI Centurions’—6 formerly sleepy stocks that now have market caps over $100 billion
Six previously underperforming companies, including GE Vernova, Seagate Technology, and Vertiv, have surged to over $100 billion market caps due to the AI-driven demand for data center infrastructure and related technologies. Their valuations skyrocketed as AI expansion boosted sales of storage, cooling, and power solutions, with GE Vernova reaching $288 billion by July 21.
- Wall Street dumped nearly $1 trillion in tech stocks by midday—then clawed it back and bought peanut butter and paint
The Nasdaq Composite dropped over 4% by midday before recovering to close down 1%, driven by a sell-off in tech stocks like Marvell, MSTR, and the 'Parabolic 7' chipmakers. Investors rotated into consumer staples such as Smucker, Home Depot, and Sherwin-Williams, signaling a shift away from AI-linked tech trades amid anticipation of SpaceX's IPO and upcoming inflation data.
- I broke AppLovin's mediation cipher protocol
The article discusses how someone broke AppLovin's mediation cipher protocol, with the story being shared on a website and commented on by users. The incident has garnered 9 points and 1 comment. The hack was reported on a blog post.