"Just a month earlier, a Bloomberg report revealed that the U.S. SEC was probing AppLovin's data-collection practices, following short-seller allegations that it skirted platform terms to squeeze more targeting out of Meta and mobile ecosystems. The stock fell about 14% on that headline in October, and further coverage detailed how the company shut down an "Array" product that had become a focal point of those accusations."
"Meanwhile, The Trade Desk's Q3 tells a more nuanced tale about sentiment toward the demand side of the ecosystem. The company delivered $739 million in revenue, up 18% year over year (22% excluding U.S. political spend), beating consensus and continuing its long streak of double-digit top-line growth. CTV outpaced the rest of the business, and video now accounts for roughly half of revenue, underscoring The Trade Desk's role as the de facto DSP f"
AppLovin reported a 68% year-over-year revenue increase to $1.4 billion, with faster net income and adjusted EBITDA growth as the company emphasizes its AXON advertising platform and reduces its legacy gaming operations. The stock rose sharply despite an ongoing SEC probe into data-collection practices and prior short-seller allegations, and despite the shutdown of an "Array" product. Some analysts warned of eventual growth deceleration and unresolved regulatory risk. The Trade Desk delivered $739 million in revenue, up 18% year over year (22% excluding political spend), with CTV and video now representing roughly half of revenue and driving demand-side strength.
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