NASDAQ 100: Applovin Soars Over 15% After Hours, AI Boom Lifts Cisco, Reddit Misses Key Metric

Tech Earnings Lift Nasdaq Futures As Applovin, Cisco Rally; Reddit slump

Daily E-mini NASDAQ 100 Index Futures The Nasdaq 100 Faces A Mixed Trading Session on Thursday Following Key Earnings Reports from Applovin (App), Reddit (RDDT), and Cisco Systems (CSCO).

While Applovin and Cisco Surged in After-Hours Trading on Strong Earnings and Guidance, Reddit Tumbled After Missing User Growth Estimates.

The Broader Market is Also Contending with Macroconomic Headwinds, Including the Federal Reserve’s Higher-Foror-Longer Interest Rate Policy and Potential Disrups.

Daily Applovin Corporation Applovin posted A Stellar Q4, with Revenue Surging 44% Year-Over-Year to $ 1.37 Billion, Beating Estimates of $ 1.26 Billion. Adjusted ebitda jumped 78% to $ 848 Million, Driven by a 73% Rise in Advertising Revenue to Nearly $ 1 Billion. NET INCOME Soared 248% to $ 599 Million, Signaling Strong Profitability. The Company Also Issued Bullish Q1 Guidance, Forecasting Revenue Between $ 1.36 Billion and $ 1.39 Billion, Above Consensus Expectations of $ 1.32 Billion.

The Market Respounded Positively, with Applovin’s Stock Spiking 15.03% to $ 438.32 In After-Hours Trading. This Strong Rally Could Provide A Boost to Ad-Tech Stocks and The Broader Nasdaq 100 On Thursday, Given The Company’s Signynifyment Year-Over-YEAR GAINS AND ITPERFORMING DIPORFORMING DIPORFORMING.

Reddit Plunges on Weak User Growth Despite Revenue Beat

Daily Reddit, Inc. Reddit Reported A 71% Year-Over-Year Revenue Jump to $ 428 Million, Surpassing Analyst Expectations of $ 405 Million. However, Global Daily Active Unique Users (Dauq) Reached 101.7 Million, Missing Estimates of 103.1 Million. CEO Steve Huffman Attributed this to Google’s Search Algorithm Changes, WHICH IMPACTED LOGGED-OUT User Traffic.

Despite Positive Earnings per Share (EPS) of $ 0.36 (Versus $ 0.25 Expectoed) and Strong Q1 Sales Guidance of $ 360 Million to $ 370 Million, Reddit’s Stock Pluned 14.08 The Weak User Numbers Raise Conceerns About Long-Term Engagemen and Monetization Potential. The Stock’s Sharp Decline Could Weigh on Social Media and Digital Adstruts On Thursday.

Cisco Jumps on AI-Driven Demand and Strong Guidance

Daily Cisco Systems, Inc Cisco Systems Lifted Its Full-Year Revenue Forecast to $ 56 Billion- $ 56.5 Billion, Exceeding Analyst Estimates of $ 55.99 Billion. The Company Reported Q2 Revenue of $ 14 Billion, Beating Expectations of $ 13.87 Billion. Cisco’s Ai-Driven Networking Demand, Particularly in Cloud Infrastructure, Has Fueled Strong Order Growth.

Shares Climbed 6.48% to $ 66.59 In Extended Trading, Reinforcing The AI ​​Investment Trend Benefiting Networking and Cloud Infrastructure Stocks. This Could Provide a Lift to The Broader Nasdaq 100, Especialyly Ai-Related Names.

Market Outlook: NASDAQ 100 Faces Mixed Session The Nasdaq 100 is set for a volatile session on thursday. Applovin and Cisco’s Strong Earnings and Bullish Guidance Could Provide A Lift, While Reddit’s Sharp Selloff May Create Pressure On Digital Advertising Stocks. Broader Market Sentiment Remains Cautious Amid Ongoing Macroconomic Risks.

The Fed’s “Higher for Long” Stance on Interest Rates Continues to Weight on Growth Stocks, Particularly Tech Names with High Valuations. Meanwhile, The Possibility of New Tariffs Under A Trump Presidency Could Impact Supple Chats, Particularly in Hardware and Semiconductor Sectors. Traders Should Watch for Sector Rotation, with AI Infrastructure and Ad-Tech Leading Gains, While Social Media and Consumer Tech Face Downside Risks.

More Information in Our Economic Calendar.