The stock market surged on Wednesday after reports indicated that the U.S. and Iran were close to reaching a deal to end the war. At the same time, ongoing enthusiasm for artificial intelligence investment continued to drive gains in technology stocks.
Overall, S&P jumped 1.5% to 7,365, while NASDAQ rose 2.0% to 25,839.
Tweet of the Day
Thoughts on $APP
This quarter was honestly absurd. The numbers almost don’t look real. Revenue grew 59% to $1.84b, net income grew 109% to $1.2b, and adjusted EBITDA hit $1.56b with an 85% margin.
An 85% EBITDA margin at this scale is one of the craziest economics you’ll see…
— Rose Celine Investments 🌹 (@realroseceline) May 6, 2026
Chart of the Day
Here is the one-year chart of AppLovin (APP) as of February 20, 2026, when the stock was at $431.
AppLovin, a leading video game marketing platform, continues to scale its AI engine Axon 2.0 as the central driver of performance. Axon 2.0 is the company’s machine-learning system that analyzes large amounts of advertising data to understand which ads are most likely to perform well. It works by automatically showing the right ads to the right users and deciding how much each ad placement is worth.
Management stated this leads to better results for advertisers and helps apps earn more money, which brings more activity and gives the system more data to improve. Because Axon 2.0 keeps learning and improving as usage grows, it strengthens the company’s efficiency, profitability, and long-term competitive advantage.
APP is part of our Growth Portfolio and Focus List.
