Section
Stocks
Earnings
AppLovin Q1 beats on revenue and EPS as Axon platform opens to outside advertisers
AppLovin posted Q1 revenue of $1.84bn and adjusted EPS of $3.56, both beating consensus, but shares whipsawed Thursday as traders weighed a record 85 per cent EBITDA margin against execution risk on the June Axon platform opening.
By Avery Lin
Stocks
SoundHound (SOUN) shares slide 12% after Q1 beat as LivePerson deal weighs
SoundHound AI fell 12.4% to $8.46 after-hours despite beating Q1 revenue estimates. The drop reflects acquisition-related dilution and execution risk on the LivePerson deal more than disappointment with the headline numbers.
By Avery Lin
