Applovin Corporation (APP)

[Whalatane]

While a 10% correction can come out of anywhere, any time , for what ever reason ...I usually won't be selling if the Fed is going to lower interest rates ..expected Sept and maybe Dec this year .
Old Marty Zweig saying " dont fight the Fed " .
Regarding " sell the news " ...if earnings are strong and they are becoming cutting edge for AI use in Adtech ...I won't sell any.
If they disappoint on earnings or guidance ( like AMZN recently ) then I'll be selling some .
APP has to demonstrate they are more then just a Co selling Ad space on video games .....market wants to see that and that they are ahead of others in using AI to do it ( market beyond video games )
JMO
Kiwi