3 Business Services Stocks That More Than Doubled This Year [Yahoo! Finance]
Applovin Corporation - Class A (APP)
Company Research
Source: Yahoo! Finance
Annual inflation is nearing the Federal Reserve's target without a recession. Non-managerial real wages have surpassed pre-pandemic trends, consumer spending continues to outpace expectations, and factory investments have touched record highs. The Fed implemented two rate cuts earlier this year and is expected to announce a third reduction this week. Rate cuts have contributed to lower borrowing costs, enhanced corporate profitability, and greater investment activity. They bolstered consumer confidence, driving increased spending on goods and services. Services Sector in Good Shape in 2024 While service activities remained in good shape through the year, their positive impacts on the sector were partially offset by contracting economic activity in the manufacturing sector. The service sector is currently balancing between growth in services about transportation & warehousing, retail, wholesale, finance & insurance, health care & social assistance, construction; and utilities,
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News
- Nvidia Hits $3.4 Trillion Market Cap, How AI Will Disrupt 2025? [Yahoo! Finance]Yahoo! Finance
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- AI and crypto drove gains in this year's top 5 tech stocks [CNBC]CNBC
- AppLovin (APP) Beats Stock Market Upswing: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- These 4 Business Services Stocks Should Not Stop Rewarding Investors [Yahoo! Finance]Yahoo! Finance
APP
Earnings
- 11/6/24 - Beat
APP
Sec Filings
- 12/23/24 - Form 4
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- APP's page on the SEC website