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

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