AI Ad Platform Upgraded as In-App Growth and E-Commerce Momentum Builds
From Yahoo Finance.: 2025-04-14 09:14:00
- AppLovin Corporation (APP) is under the spotlight as one of the 14 AI stocks catching Wall Street’s attention. The company has been upgraded by Morgan Stanley to "Overweight," citing its strong execution and growth potential in in-app advertising and e-commerce, which are attracting new budgets.
- OpenAI has countersued Elon Musk, alleging harassment and bad-faith tactics in an ongoing legal battle over the company’s future structure. Musk has actively opposed OpenAI’s transition to a for-profit entity, claiming it compromises the company’s mission, while OpenAI denies these allegations and faces a funding deadline.
- Musk’s legal team has referred to a rejected $97.4 billion takeover bid from a consortium led by Musk, highlighting the seriousness of the offer. OpenAI has accused Musk of using various tactics to harm the company, while Musk argues that paying fair market value for OpenAI’s assets interferes with their business plans.
- Hedge funds are eyeing AI stocks, with AppLovin Corporation (APP) ranking 11th on the list of stocks catching Wall Street’s attention. While APP shows promise, other AI stocks may offer greater returns in a shorter timeframe. Investors looking for a more promising AI stock can explore options trading at less than 5 times earnings for potential gains.
Read more at Yahoo Finance.: AI Ad Platform Upgraded as In-App Growth and E-Commerce Momentum Builds