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But this year’s standout performer isn’t riding on just hype. AppLovin (APP) is achieving tremendous growth by quietly scaling its platform using artificial intelligence (AI)-powered technology while producing significant cash flow. Furthermore, its inclusion in the S&P 500 Index signals that expectations are rising.AppLovin stock has surged 122% year-to-date (YTD), outperforming most in the “Magnificent Seven” group. Let’s see if now is a good time to buy APP stock.Chevron Could Raise Its Dividend Next Month - CVX Stock Looks Too CheapAs Google Launches Gemini 3 Flash, Should You Buy, Sell, or Hold GOOGL Stock?Analysts Are Hot on the Foldable iPhone. Should You Buy AAPL Stock Before Apple’s Next Big Product Launch?Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else.www.barchart.comAppLovin, valued at $244.88 billion, is a technology company that helps mobile app creators sell, monetize, and expand their apps, particularly in mobile gaming. Simply put, AppLovin serves as a behind-the-scenes growth engine for mobile games, linking advertisers with users and assisting developers in scaling quickly, making it one of the most powerful ad-tech platforms in mobile gaming today.One of the most significant recent achievements was AppLovin's inclusion in the S&P 500 ($SPX). However, management claims that this puts pressure on the company to enhance its performance to meet expectations. Its third-quarter results indicate that AppLovin is on the right track. AppLovin runs an ad platform that helps app developers find new users. Its AI-powered software shows ads to people most likely to download and engage with an app, which drives higher returns on ad spend for advertisers.In Q3, total revenue increased 68% year-on-year (YoY) to $1.4 billion, owing mostly to model upgrades in the core gaming sector. Adjusted EBITDA was $1.16 billion, up 79% YoY, with an outstanding margin of 82%. Net income rose 92% to $836 million. Core models delivered multiple incremental improvements, and the company’s Max supply-side platform continued to grow at very healthy rates. In the quarter, international expansion also advanced faster than expected. The company extended foreign traffic to advertising marketing websites or shops ahead of schedule, increasing its reach and creating the framework for a broader global advertiser base.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,909.79 +31.30 (+0.46%)Dow 3048,442.41 +79.73 (+0.16%)Nasdaq23,561.84 +133.01 (+0.57%)Russell 20002,541.12 -17.66 (-0.69%)VIX14.00 -0.08 (-0.57%)Gold4,538.30 +32.60 (+0.72%)Trending tickersBTC-USD Bitcoin USD 87,270.52 -1,355.84 (-1.53%)MRNA Moderna, Inc. 32.29 -2.61 (-7.48%)NVDA NVIDIA Corporation 189.21 +5.52 (+3.01%)ETH-USD Ethereum USD 2,957.64 -62.42 (-2.07%)PATH UiPath Inc. 15.96 -0.74 (-4.43%)PortfolioSign in to access your portfolioSign inTop gainersPSNYW Polestar Automotive Holding UK PLC 6.40 +1.10 (+20.75%)RGC Regencell Bioscience Holdings Limited 25.25 +3.16 (+14.31%)GPCR Structure Therapeutics Inc. 71.29 +8.04 (+12.71%)HYMC Hycroft Mining Holding Corporation 27.14 +2.62 (+10.69%)LION Lionsgate Studios Corp. 8.98 +0.62 (+7.42%)Top losersBLLN BillionToOne, Inc. 87.08 -9.22 (-9.57%)QBTS D-Wave Quantum Inc. 29.12 -3.07 (-9.54%)FLY Firefly Aerospace Inc. 26.46 -2.14 (-7.48%)MRNA Moderna, Inc. 32.29 -2.61 (-7.48%)EOSE Eos Energy Enterprises, Inc. 11.96 -0.93 (-7.21%)Most activeNVDA NVIDIA Corporation 189.21 +5.52 (+3.01%)PLUG Plug Power Inc. 2.0500 -0.0600 (-2.84%)AAL American Airlines Group Inc. 15.60 -0.66 (-4.06%)NVO Novo Nordisk A/S 51.61 +3.51 (+7.30%)ONDS Ondas Holdings Inc. 8.96 -0.31 (-3.34%)Top economic eventsEarnings eventsMy earnings eventsEarnings events