The blockchain-powered cryptocurrency, Bitcoin, has expanded at a rapid pace over the past month, setting the tone for a year-end rally. Bitcoin’s price crossed $100,000 twice in the past week, thanks to an upbeat investor sentiment, following Donald Trump’s win in the U.S. Presidential election in early November.Bitcoin is now on track to reach new heights in 2025, given the optimistic outlook under Trump’s regime. Alongside Bitcoin, other leading cryptocurrencies have experienced substantial gains. Ethere ...

Advertising is an age-old industry that is growing at a brisk pace to this day. GroupM, a market intelligence firm, projects global ad revenues will rise by nearly 10% in 2024. Moreover, it predicts that total revenue will eclipse the $1 trillion mark this year. A key factor contributing to the strong growth of this mature industry is innovation. The use of AI is the success story of 2024 in advertising. Below, I’ll detail three stocks implementing AI that investors can use to take advantage of this trillio ...

Wall Street has fallen in love with the mobile adtech and gaming company AppLovin.AppLovin's recent push into e-commerce sent its market valuation over the $100 billion milestone.Some ad industry insiders question the sustainability of its run, however.Shares in the mobile ads and gaming company AppLovin have been running wild — and advertising industry insiders have a lot of questions.Advertisement AppLovin entered the Nasdaq 100 in November, with its market value surpassing the $100 billion milestone and ...

Market Overview - The Magnificent 7 stocks drove the S&P 500's performance in 2023, with a 25% return, while the median return for the S&P 500 was negative 16% [3] - In 2024, the market saw a rotation from the Magnificent 7 to value and small-cap stocks, with utilities and consumer staples performing well [4] - The market experienced volatility in August, with the VIX hitting 60, but stabilized as investors anticipated Fed rate cuts [4] - The market normalized post-August, with a focus on fundamentals and a broadening participation across sectors [4] Top 10 Stocks of 2024 - AppLovin (APP) was the top performer, up 907% YTD, followed by Celestica (CLS) up 223%, Modine Manufacturing (MOD) up 134%, and Rolls-Royce (RYCEY) up 95% [4] - Meta (META) returned 76%, Abercrombie & Fitch (ANF) returned 71.5%, Banca Intesa (ISNPY) returned 51%, and GigaCloud Technology (GCT) returned 21% [4] - M/I Homes (MHO) returned 15.7%, while Dorian (LPG) was the only underperformer, down 42% [4] - The top 10 stocks collectively returned 155.7%, outperforming the S&P 500's 27% return [4] Quant Methodology - The quantitative process evaluates stocks based on value, growth, profitability, momentum, and EPS revisions, using over 100 metrics [4] - Stocks are rated as Strong Buy, Buy, Hold, or Sell, with daily updates to reflect the latest data [4] - The system compares each stock's metrics to its sector, providing a relative strength assessment [4] Magnificent 7 and Mega Tech Stocks - The Magnificent 7 stocks, including Meta, Tesla, NVIDIA, and Google, have seen strong growth but face valuation challenges [7][8] - Forward growth rates for these stocks are lower than their year-over-year growth rates, indicating potential slowing momentum [7][8] - Apple is the only mega tech stock with a forward growth rate higher than its year-over-year growth rate [8] Future Market Outlook - The market is expected to broaden in 2025, with small-cap, industrial, and consumer discretionary stocks likely to perform well [9] - Equal-weight S&P 500 (RSP) is seen as more attractive for 2025 due to reduced concentration risk in mega tech stocks [9] - The Quant system's Alpha Picks product has delivered a 178% return since inception, outperforming the S&P 500's 60% return [10]

The United States emerged as a leader among major developed economies in 2024, achieving the strongest recovery from the COVID-19 pandemic. Annual inflation is nearing the Federal Reserve’s target without a recession. Non-managerial real wages have surpassed pre-pandemic trends, consumer spending continues to outpace expectations, and factory investments have touched record highs.The Fed implemented two rate cuts earlier this year and is expected to announce a third reduction this week. Rate cuts have contr ...

Normally, you might expect to achieve significant gains from stocks if you invest in them for years, perhaps decades. But given how hot the stock market has been this year, some stocks have produced life-changing returns in much shorter time frames. While chipmaker Nvidia is an obvious example of a top growth stock to own given its more than 2,500% return over the past five years, there are many other stocks that have produced incredible gains in a short stretch.Three stocks that have done phenomenally well ...

For Immediate ReleasesChicago, IL – December 13, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include including AppLovin Corp. (APP) , Alphabet Inc. (GOOGL) and Meta Platforms (META) .Here are highlights from Friday’s Analyst Blog:AppLovin Stock Skyrockets +748% This Year: Too Hot to Touch?AppLovin Corp.  has been one ...

AppLovin Corporation (APP) has been one of the standout performers in 2024, with its stock price surging by a monstrous 748% year to date. This rise is significant compared to the 54% rally of the industry.Image Source: Zacks Investment ResearchAPP's performance is notably stronger than those of its competitors in the in-game mobile advertising space. Alphabet Inc. (GOOGL) has surged 40% and Meta Platforms (META) has gained 79% over the same period.Now, the key question for investors is whether the stock’s ...

The stock market soared to new highs in 2024, extending an impressive run that began roughly two years ago. The bullish winds appear ready to remain at the market’s sails in 2025 as Wall Street looks to strong earnings growth and lower interest rates, alongside the possibility of lower corporate taxes and less red tape under the second Trump administration.The current bull market celebrated its 2nd anniversary in October. This is a good sign since bull markets have lasted roughly five and a half years on av ...

Company Overview - AppLovin Corporation (NASDAQ: APP) participated in the Nasdaq London Investor Conference on December 11, 2024, with CEO Adam Foroughi and CFO Matt Stumpf representing the company [1] - The conference was attended by Matthew Cost from Morgan Stanley, who moderated the session [1] Growth and Differentiation - AppLovin has experienced an extraordinary inflection in growth over the past two years, prompting investor interest in the drivers of this outperformance [5] - CEO Adam Foroughi attributes the company's success to its unique culture, which differentiates it from other technology companies that have scaled [5] - The culture is built around working with "builders" — individuals who thrive in small, early-stage businesses and possess exceptional abilities [5] - Foroughi highlights a common issue in scaling companies: increased inefficiency and process-heavy operations, which AppLovin aims to avoid [5] Leadership Insights - Adam Foroughi emphasizes the importance of maintaining a builder-centric culture even as the company scales [5] - The company's leadership focuses on retaining talent and ensuring that scaling does not lead to inefficiency or excessive bureaucracy [5]