US Stock Market Move | AI application software stocks rise, Applovin (APP.US) up more than 6%
U.S. stock market AI application software stocks rise
On Thursday, AI application software stocks in the US rose. As of the time of writing, Palantir (PLTR.US) rose by more than 5%, Reddit (RDDT.US) rose by more than 4%, and Applovin (APP.US) rose by more than 6%. In terms of news, Benchmark raised Applovin's target price to $775 in their latest report, indicating market optimism about the company's prospects. Jefferies analyst also raised AppLovin's target price from $800 to $860 on December 11th, while maintaining a "buy" rating.
Related Articles
US Stock Market Move | Orforglipron's oral weight-loss drug program achieves success in Phase III trial, causing Eli Lilly (LLY.US) stock to rise more than 3%.
US Stock Market Move | Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US) rose more than 3%. Morgan Stanley predicts that the company's gross profit margin will surpass 60% in the fourth quarter.
US Stock Market Move | Entering the stablecoin race, Sofi Technologies (SOFI.US) surged over 5%.
US Stock Market Move | Orforglipron's oral weight-loss drug program achieves success in Phase III trial, causing Eli Lilly (LLY.US) stock to rise more than 3%.
US Stock Market Move | Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (TSM.US) rose more than 3%. Morgan Stanley predicts that the company's gross profit margin will surpass 60% in the fourth quarter.
US Stock Market Move | Entering the stablecoin race, Sofi Technologies (SOFI.US) surged over 5%.
