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Benzinga Bulls And Bears: Nvidia, Rivian, Plug Power, Palantir — And Dogecoin's 'Beautiful Bounce'
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The hottest US stocks this week: not Tesla and DJT, but AppLovin.
AppLovin's cumulative increase this year is 647%, far exceeding nvidia's increase during the same period, with a market cap exceeding $100 billion, becoming the new darling of Wall Street in AI. This company, which started with advertising, has become rich in the AI boom, with performance in the third quarter far exceeding expectations, and its AI advertising engine AXON 2.0 has improved its advertising profit capability.
This Is What Whales Are Betting On Trade Desk