Applovin's Explosive Nasdaq Rally Raises Questions for 2025 Landscape
In a surprising turn of events, Applovin Corp. has witnessed a dramatic surge in its stock prices, catapulting its market value over the $700 mark on Nasdaq. This significant increase, which surpassed 30% in a single day, reflects the investor optimism surrounding the mobile app economy and Applovin's strategic position within it. As we step into 2025, the implications of this rally may prove complex for both the company and the broader market.
Continue readingApollo's Slok Warns of Potential Market Turmoil Amid Rising Treasury Yields
In a compelling address, chief economist at Apollo Global Management, Torsten Slok, issued a stark warning regarding the economic landscape shaped by soaring U.S. Treasury yields. Slok pointed to the possibility of a "Truss moment," referring to the brief and chaotic economic crisis triggered by the policies of former British Prime Minister Liz Truss in 2022, which serves as a cautionary tale for current market conditions.
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