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AppLovin Corporation (NASDAQ:APP) shares edged higher early Wednesday, recovering modestly after a difficult stretch that has left the stock down 40.93% year to date.
Tech Rally Lifts Sentiment
The broader technology sector gained momentum Tuesday, helping support the move. Investor sentiment improved on signs of easing geopolitical tensions in the Middle East. Nasdaq futures climbed 1.10% early Wednesday, while S&P 500 futures advanced 0.80%.
Geopolitical Developments
Markets reacted to fresh developments in the U.S.-Iran conflict. President Donald Trump said the U.S. could wind down its military campaign “within two or three weeks.”
Iranian President Masoud Pezeshkian signaled openness to ending hostilities, …
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