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30% Growth Target Lacks Sufficient Evidence, BofA Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2658113999","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2658113999?lang=en_us&edition=fundamental","pubTime":"2026-08-11 23:10","pubTimestamp":1786461006,"startTime":"0","endTime":"0","summary":"AppLovin's  30% long-term annual revenue growth target lacks sufficient evidence, with uncertainty rising around the sustainability of its self-learning growth, BofA Securities said Tuesday in a report.Engineer-led enhancements to AppLovin's gaming models drove sequential growth after Q2, while the company offered limited clarity into the durability of its projected 3% to 5% quarterly self-learning growth, the report said.AppLovin's efforts to train larger, more complex recommendation models could drive further gains, though their scale and long-term stability remain uncertain, the report said. BofA lowered its 2027 revenue growth forecast to 23% from 31% and cut its estimate on the consumer segment to $2 billion from $2.3 billion.BofA downgraded its rating on AppLovin stock to neutral from buy and lowered its price target to $400 from $430.Price: 326.56, Change: -12.44, Percent Change: -3.67","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4009","BK4023","BK4588","BK4613","IE00B19Z9P08.USD","LU2360107168.USD","LU0353189680.USD","APP","IE00BZ9MQY76.HKD","LU0154236417.USD","LU2290526834.HKD","APPX","LU1852331112.SGD","LU0353189763.USD","LU2360106780.USD","LU1861220033.SGD","LU2250418816.HKD","LU2063271972.USD","CLOD","XDAT","BK4539","LU0056508442.USD","LU2087625088.SGD","IE00B894F039.SGD","LU0097036916.USD","LU1861215975.USD","BK4608","BK4585","IE00B19Z9Z06.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2658191945","title":"Core Scientific Says Q2 2026 Colocation Revenue Rises to $137 Million on 437 MW Billed Capacity Ramp-up","url":"https://stock-news.laohu8.com/highlight/detail?id=2658191945","media":"Reuters","labels":["dataReport","express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2658191945?lang=en_us&edition=fundamental","pubTime":"2026-08-11 22:50","pubTimestamp":1786459851,"startTime":"0","endTime":"0","summary":"Core Scientific says Q2 2026 colocation revenue rises to $137 million on 437 MW billed capacity ramp-upIn Q2 2026, performance was driven by a sharp ramp in high-density colocation, reaching 437 billa","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260811:nNDL1N9T95:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport,express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4116","BK4023","BK4608","CORZ","STCE"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2658391900","title":"Moderately bullish activity in Applied Digital Corp with shares up 1.29%","url":"https://stock-news.laohu8.com/highlight/detail?id=2658391900","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2658391900?lang=en_us&edition=fundamental","pubTime":"2026-08-11 22:50","pubTimestamp":1786459814,"startTime":"0","endTime":"0","summary":"Moderately bullish activity in Applied Digital Corp (APLD), with shares up 38c, or 1.29%, near $29.43. 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Class A  is currently at $322.36, down $16.64 or 4.91%--Would be lowest close since May 7, 2025, when it closed at $303.46--On pace for largest percent decrease since Aug. 6, 2026, when it fell 19.66%--Currently down four of the past five days--Currently down two consecutive days; down 7.05% over this period--Down 18.57% month-to-date--Down 52.16% year-to-date--Down 56.06% from its all-time closing high of $733.60 on Dec. 22, 2025--Down 30.97% from 52 weeks ago , when it closed at $467.00--Down 56.06% from its 52-week closing high of $733.60 on Dec. 22, 2025--Would be a new 52-week closing low--Traded as low as $319.50; lowest intraday level since May 7, 2025, when it hit $292.87--Down 5.75% at today's intraday low--Worst performer in the S&P 500 today--Worst performer in the Nasdaq 100 todayAll data as of 10:21:46 AM ETSource: Dow Jones Market Data, FactSet","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4009","BK4588","LU0097036916.USD","BK4613","CLOD","LU2087625088.SGD","IE00B19Z9Z06.USD","APPX","IE00BZ9MQY76.HKD","LU0056508442.USD","LU1861220033.SGD","LU2360106780.USD","LU0154236417.USD","LU2290526834.HKD","BK4585","LU1852331112.SGD","BK4539","LU2250418816.HKD","APP","BK4608","LU2063271972.USD","IE00B894F039.SGD","LU0353189680.USD","XDAT","LU0353189763.USD","LU2360107168.USD","BK4023","IE00B19Z9P08.USD","LU1861215975.USD"],"isVideo":false,"video":null,"gpt_icon":0}],"pageSize":20,"totalPage":42,"pageCount":39,"totalSize":824,"code":"91000000","status":"200"}]}}