The Economic Times

APP stock (AppLovin) falls over 16% today as AI disruption fears crashed software stocks down - here's what investors need to know

APP stock: AppLovin shares plummeted Wednesday as a sector-wide software selloff intensified. Investors are increasingly wary of AI's potential to disrupt the mobile advertising market, with new platforms like CloudX aiming to automate ad operations. This development casts a shadow over AppLovin's significant ad tech exposure, even as it anticipates strong earnings.