AppLovin stock soars as company weighs selling apps business, Wall Street applauds strategic shift

AppLovin Inc. shares soared Thursday after Wall Street was supportive of the app-monetization company plan to shift focus to its higher-margin software business and treat its lower-margin app segment like a standalone business, parts of which it could sell following a strategic evaluation. AppLovin APP, + 34.57% shares climbed as much as 46% to an … Read more

Elon Musk suggested getting into the lithium business, and these surging stocks show why

Lithium is becoming a lucrative business as electric vehicles become more prevalent, and miners are enjoying the rewards. Albemarle Corp. ALB, + 9.31% blew away earnings and revenue projections in a first-quarter earnings report Wednesday afternoon and executives added $ 1 billion to their annual sales forecast, sending shares up nearly 20% in after-hours trading. … Read more

Tesla needs lithium. Elon Musk suggests that it could get into the mining business.

Tesla CEO Elon Musk has indicated that an electric vehicle manufacturer could enter the mining business. Patrick Pleul / POOL / AFP via Getty Images Text size Tesla CEO Elon Musk lamented rising lithium prices in a recent tweet. He even suggested it Tesla could reach the mining industry to help address the shortage of … Read more

Stock investors are in the danger zone. This all-weather investing strategy offers protection

We are in a time of high inflation, with a war disrupting energy markets and the Federal Reserve raising interest rates. The sad outlook calls for a multi-year cycle of central-bank policy moves that will be unfriendly to the stock and bond markets. An investment approach that can use price movements across all assets – … Read more