AppLovin 3Q26 Business Update: No Notes
AppLovin’s Q3 revenue rose 55% year over year as AXON model gains expanded margins, while ad take-rate compression remains the key competitive risk.
Thursday, November 5, 2026
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From X
Deep Sail Capital on X
$CRDO Just loves the vol doesn’t it. Up 5% / down 4% / up 5%. It’s like it wouldn’t be surprised if it closes at $218 after being down 3% already.
Serenity on X
$AAOI is... finally... done... With their $600m ATM program, turns out it's ~$105.36 average. I do think AOI outperforms $LITE, as long as they stop filing these ATM programs. Just due to their sheer magnitude of ramp with $471m/month transceiver revenue + 400K/month ELSFP coming up.
Ian Bezek on X
@valuedrift $CAAP up 4% but $ASR flat because apparently it is better to own 1 Brazilian airport today than own a dozen Brazilian airports in three months once the M&A deal closes.
A Capital on X
When rates jerk higher and everything rate-sensitive gets smoked together, that’s when you want to swoop in on the names where you actually have conviction. Rates spike. $FTAI, $CORZ, $CIFR, $OWL all gap down 5%. Did anything change in the catalyst? No? Buy the dislocation.
PAA Research on X
Maybe I'm being too simplistic, but it seems like it's going to be hard for the market to have a sustained move higher if $GS doesn't start acting better.
A Capital on X
Should probably look at $FSLR < $175… Just saying.
kab60 on X
$FOUR trading on ME headlines is one of the dumbest things in this dumbass mkt
kab60 on X
No clue how this plays out, but $ABG CEO during Q2 earnings what seems to have played out at $AN in Q3... So some of it seems like poor execution/mngmt?
Investor Letters
All letters- Rathbones October 2026 SBGSF $143BSIEGY $237B
- FCL Capital October 2026 ANPDF $28BBKNG $122B
- Protean Funds October 2026 AAK $4.7BLFABF $13B
- JB Global Capital Q3 2026 BABA $262BPYPL $49B
- Pendelhaven Asset Management B.V. Q3 2026 ALM $2.5BJXN $8.8B
- Chautauqua Capital Management Q3 2026 AAIGF $103BADYEY $32B
- Night Watch Investment Management Q3 2026 AZLGF $3.3BIMCDY $6.7B
- Greystone Capital third quarter of 2026 TMDX $3.1B
Trading Post November 5, 2026
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Sectors
Ordered by how often our editor reaches for them.
