AppLovin Craters 15% After Bloomberg Reports SEC Investigating Company Over Its Data Collection Practices
AppLovin Craters 15% After Bloomberg Reports SEC Investigating Company Over Its Data Collection Practices
Shares of controversial short seller target AppLovin were leveled in late trading Monday, falling more than 15% one point after it was reported that the Securities and Exchange Commission is investigating the company over its data-collection practices, according to a 
.
Bloomberg
that the probe, handled by SEC officials focused on cyber and emerging technologies, centers on claims the company broke platform partners’ service agreements to deliver more targeted ads. The review stems from a whistleblower complaint filed earlier this year and several short-seller reports, though the SEC hasn’t accused AppLovin or its executives of wrongdoing.
AppLovin said it “regularly engage[s] with regulators and if we get inquiries we address them in the ordinary course. Material developments, if any, would be disclosed through the appropriate public channels.” The SEC declined to comment, citing its limited press response during the government shutdown.
The plunge comes despite the company nearly doubling its market value this year to more than $230 billion and being added to the S&P 500 Index in September, fueled by demand for AI-driven ad tools.
Short sellers, including Fuzzy Panda and Muddy Waters, have alleged AppLovin used unauthorized “fingerprinting” to track users across apps and sites, in violation of Apple’s rules and until recently, Google’s policies. Muddy Waters 
"another scammy ad tech company" in their slide deck on the company.
CEO Adam Foroughi dismissed the reports as “littered with inaccuracies” and denied creating “alternative accurate and persistent identifiers, typically called device fingerprints.”
In March, AppLovin hired attorney Alex Spiro of Quinn Emanuel to run an “independent review and investigation into recent short report activity.” The company said the work is ongoing and aimed at uncovering the origins of “clearly false reports.”
Spiro, a partner at Quinn Emanuel, has represented high-profile clients including companies like Tesla as well as figures such as Elon Musk, Robert Kraft, Jay-Z, Alec Baldwin, Megan Thee Stallion, Naomi Osaka, Mick Jagger, Charles Oakley, and New York City Mayor Eric Adams.
AppLovin’s partners include Meta, Amazon, and Google, though it isn’t clear which relationships are under review. There’s no indication the SEC is examining the conduct of those partners.
Tue, 10/07/2025 - 02:45
Bloomberg.com
AppLovin Probed by SEC Over Its Data-Collection Practices
The Securities and Exchange Commission has been probing the data-collection practices of the mobile advertising tech company AppLovin Corp., accord...
Bloomberg.com
AppLovin Probed by SEC Over Its Data-Collection Practices
The Securities and Exchange Commission has been probing the data-collection practices of the mobile advertising tech company AppLovin Corp., accord...
The plunge comes despite the company nearly doubling its market value this year to more than $230 billion and being added to the S&P 500 Index in September, fueled by demand for AI-driven ad tools.
Short sellers, including Fuzzy Panda and Muddy Waters, have alleged AppLovin used unauthorized “fingerprinting” to track users across apps and sites, in violation of Apple’s rules and until recently, Google’s policies. Muddy Waters Scribd
Muddy Waters Research On AppLovin: Just Another Scammy AdTech Company | PDF | Http Cookie | Mobile App
Muddy Waters Research has published a report alleging that Approving Corporation (APP) operates as a scammy ad tech company, with approximately 52%...
Tyler Durden | Zero Hedge
Zero Hedge
AppLovin Craters 15% After Bloomberg Reports SEC Investigating Company Over Its Data Collection Practices | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
According to police, the network operating from the Catalonian town specialized in manufacturing fake family links to secure residence permits reserved for relatives of EU citizens.
As reported by 
Since the “In the beginning …” times, our species has wrestled with the fundamental logic – and perceived unfairness – of holding parents responsible for the sins of their children. Or the other way around. In the Old Testament book of Ezekiel, the prophet makes this explicit:
The person who sins will die. A son will not suffer the punishment for the father’s guilt, nor will a father suffer the punishment for the son’s guilt; the righteousness of the righteous will be upon himself, and the wickedness of the wicked will be upon himself.
Yet we mortals struggle with this idea. It’s a matter of self-preservation. The unifying idea is that we must bear some responsibility for the behavior of our own kids. Our kids are reflections of us because we put our stamp on them. Functional societies have a justifiable fear of the ripple effects of other people’s bad parenting.
Healthy families are civilization’s frontline schoolhouse of needed humans – producers of good men and women, and citizens. Bad parents can easily replicate themselves, and often do. It is a rare and beautiful testament to the enduring nature of the good to see exceptions to the rule.
The inverse happens, too. I have met a many a good parent of a bad kid – a bad seed who grows up to be a bad adult. Or a good kid who leaves the home for school, falls in with the wrong crowd, and rejects root and branch the ways of his family.
Modern parents know at some point we must give our offspring over to a hard and secular world outside the home threshold, a world that undermines good parenting at every turn. A school system that inverts the established, time-tested ways for purposes of political indoctrination. A culture that has lost any sense of moral and natural limits. An algorithmic media that is set on setting people into warring tribes with desensitized, brutish ways.
Charlie Kirk’s assassin was born and raised in southwestern Utah. Mormon territory. He was the son of a mother and father who raised kids in the Mormon way, which creates exemplary fruits that are missionaries to the world. The Church of Jesus Christ of Latter Day Saints – its formal name – instills family loyalty, stewardship, tolerance, sobriety, hard work, and sharing. They tithe. They contribute. They are impressive people.
Even Matt Stone and Trey Parker, with their “Dumb the Dumb, Dumb” view of the Mormon religion (which is a cutout for all organized religion), recognized that Mormons have strong families and raise very good kids. The whole “Book of Mormon” craze began with a 2003 “South Park” episode featuring an impressive Mormon high school kid. His ending soliloquy put it best:
“Look, maybe us Mormons do believe in crazy stories that make absolutely no sense, and maybe Joseph Smith did make it all up, but I have a great life, and a great family, and I have the Book of Mormon to thank for that,” he says. “The truth is, I don’t care if Joseph Smith made it all up, because what the church teaches now is loving your family, being nice and helping people.”
I don’t know about you, but I admire the old-school way the accused killer’s father brought his son – his own flesh and blood – to face justice.
The family saw the fruit of their loins on video surveillance in a national all-points bulletin. The family reached out to their own. Father and grandfather. They talked him into coming home. Once he was home, they convinced him to turn himself in for the crime – and to stanch the dishonor that he had done to his family’s name.
Would Luigi Mangione’s wealthy and well-connected Maryland family have done the same if they recognized his distinctive eyebrows? “Come home, son,” followed by, “You must turn yourself in to the authorities and be held accountable.” There’s 
The Post 
"There is evidence of a high level of cooperation between Russia and China in conducting satellite reconnaissance of the territory of Ukraine in order to identify and further explore strategic objects for targeting," said Alexandrov. "As we have seen in recent months, these sites may belong to foreign investors."
The Kremlin on Monday responded by rejecting the allegation, saying that it possesses all capabilities to not have to rely on any outside country or ally.
Kremlin spokesman Dmitry Peskov when specifically asked about the new allegation from Ukraine's Foreign Intelligence Agency said as 
Negotiations over exactly how swaps will go down, and other conditions related to the future of Gaza - especially the disarming of Hamas and IDF partial withdrawal - are set for the Red Sea resort town of Sharm El-Sheikh. Trump had also previously cautioned that Hamas doesn't have much room for negotiations at all.
And yet, the Israeli side may not yet be fully on board either, which could present significant obstacles to achieving a final peace. Times of Israel 
Now, with silver trading around $47 to $48 at the time of writing, it is extremely close to breaking through the key $50 level, which is a major make or break point. I also want to point out that many investors bought significant amounts of both silver bullion and ETFs during the frenzy of 2011. Unfortunately, when the price plunged afterward, they were left holding the bag, and many have been sitting on losses for the past 14 years.
But once silver finally surpasses $50, which will mark a new all-time high, no silver investor will be sitting on a loss, at least in nominal terms. That fact alone makes the $50 level a critical psychological barrier that will trigger a surge in investor sentiment once silver breaks above it.
Until recently, many silver investors remained deeply discouraged by years of losses and underperformance. But a decisive break above $50 will mark the beginning of an entirely new era for silver and will set off a powerful virtuous cycle. Many more investors will pile in, including new and younger participants who never considered silver before and who are not burdened by the baggage carried by older, battle-scarred veterans. This explosion of interest will help drive silver to incredible new heights.
Now I want to say that I adamantly believe silver is going to surpass $50 and go much higher from there in the near future. However, there is something I want to point out. Because silver has surged so strongly and so quickly, it is a bit extended in the short term, which makes it likely that it will consolidate or pause before eventually breaking through $50. Evidence of this can be seen in the Relative Strength Index (RSI) momentum indicator, shown in the chart below, which provides overbought or oversold readings for assets. I respect what it indicates.
That being said, unlike many amateur investors and analysts, I am adamant that an overbought reading like the current one in silver is not an automatic signal to sell or an indication that the bull market is over. I recommend 
Now I want to get to the part of this report where I explain why the current bull market in silver is very different from the ones that failed in 1980 and 2011. The first point I want to make is that while $50 is a key nominal and psychological price ceiling to watch, and I believe silver will break through it decisively, even if it pauses first to work off its overbought condition, it is important to consider how much inflation has occurred over the past several decades. In real terms, the price of silver remains much lower than those previous peaks. That means $50 in 1980 or 2011 is certainly not the same as $50 in 2025, as anyone who has recently been to the grocery store can easily understand.
To illustrate that point, I created a chart showing the real, or inflation-adjusted, price of silver over the past six decades. On the chart, I highlighted what the $50 silver peaks in 1980 and 2011 would be worth in 2025 dollars. It turns out that in 1980, silver reached the equivalent of $199, and in 2011, it reached the equivalent of $72!
Now compare that to today, with silver trading around $47, which is much lower than either of those past peaks. For that reason alone, not even including the additional points I will explain next, I believe the current silver bull market is sustainable, has much more room to run, and should be able to finally smash through the $50 ceiling that has held it back for so long.
To further reinforce my point above, I also want to show you the ratio of silver to the U.S. M2 money supply, indexed to 100. This may be an even more accurate measure of inflation than the Consumer Price Index (CPI) used to create the previous chart. After all, the root cause of inflation is growth in the money supply itself. As Milton Friedman, the Nobel Prize–winning economist, famously said, “Inflation is always and everywhere a monetary phenomenon.”
Similar to what the real silver price chart revealed, this chart shows that although silver is approaching the same nominal price of $50, its real-world price is much lower than it was in 1980 and 2011. For example, in 1980 the ratio was 1,038, in 2011 it was 176, and now it is just 66. I see this as clear evidence that, despite its recent gains, silver’s bull market is nowhere near being long in the tooth. It still has substantial room to rise, and it should be able to blow through the $50 level with ease.
On that note, I also recommend reading my 
Next let’s move on to another metric that confirms that silver is still much cheaper today than it was at the peaks in 1980 and 2011, despite its recent gains. This time, we will look at the silver-to-gold ratio, which is a useful way to determine whether silver is undervalued or overvalued relative to gold, the leading benchmark in the precious metals market.
While gold has always been more expensive than silver throughout history, the gap between them has varied significantly. At the 1980 peak, silver was 6.7% of the price of gold. At the 2011 peak, it was 3.3%. But now, silver is just 1.2% of gold’s price, which is far below historical levels.
This indicates that silver is extremely cheap by historical standards and still has substantial room for its bull market to continue. And based on the duration of past precious metals bull markets, I believe silver still has at least another decade to run, and the same goes for gold (
Another eye-opening metric that confirms silver is still extremely cheap is the ratio of silver to the U.S. federal debt, which now stands at $37.8 trillion and is growing at an alarming pace of $1 trillion every 100 days with no signs of slowing. This is an important metric because it shows whether the price of silver has kept pace with the growth of the national debt, and the answer is clearly no.
The chart, indexed to 100, shows that this ratio was 1,377 at the 1980 peak, 87 at the 2011 peak, and only 33 today. This indicates that silver has substantial room to catch up to the expanding national debt. In that context, $50 silver is not expensive by any measure, and a move to $100 or more is far from inconceivable.
Another reason why this ratio is so important is that the higher the federal debt rises relative to GDP, the closer we move to the inevitable breaking point where the government and the Federal Reserve will be forced to support the U.S. Treasury market and fund government operations by running the printing presses on overdrive. This will send inflation through the roof and ultimately destroy the dollar, causing gold and silver to reach prices that are difficult to even comprehend.
This will not be ordinary inflation, but full-blown 
Unfortunately, this debt problem is truly a worldwide phenomenon, as global debt has surged more than tenfold since the mid-1990s, reaching an estimated $250 trillion. This towering debt burden is a ticking time bomb that will ultimately bring fiat currencies to their knees. That is why it is of the utmost importance for everyone to acquire at least some physical gold and silver to protect themselves against what lies ahead. This fact alone guarantees that precious metals still have much further to rise.
Another useful way to determine whether silver is cheap or expensive compared to its past is to measure it against another yardstick: the Dow Jones Industrial Average. This comparison is valuable because there is a long-established relationship between precious metals and stocks, with capital rotating back and forth between them in secular phases. In many ways, they act as counterbalances to each other.
The chart of the silver-to-Dow ratio, indexed to 100, shows that silver at its 1980 peak reached an astounding 3,939. At the 2011 peak, it was 282. Today, it is only 68. This confirms that silver remains very cheap, and that $50 is no longer a particularly high price.
The reason for this extremely low ratio is twofold: the U.S. stock market is 
As we wrap up this report, I want to leave you on an extremely exciting note. Silver has been forming a powerful chart pattern known as a 
So this brings us back to the critical $50 threshold that I have discussed throughout this report. In order to confirm the cup and handle pattern and the extremely bullish scenario, silver must decisively close above that level. As I said earlier, that will be a game changer for investor sentiment toward silver, because once it happens, nobody who has ever bought will be holding at a loss.
The story will shift from years of frustration to stories of incredible fortunes made, the kind of life-changing, generational wealth that investors dream of. I am excited and waiting for that breakout, but silver may pause for a period of time to catch its breath first, and I actually hope it does because I want to make a few more purchases before it takes off for good.
So in conclusion, I have made the case throughout this report that while silver’s rallies in 1980 and 2011 were short-lived spikes that ended in spectacular crashes and left investors discouraged for decades, the current move is very different. This time, silver is in a sustainable and organic bull market in which prices will rise significantly and remain at those high levels permanently.
One of the key reasons that outcome will happen is because silver today is much cheaper than it was in 1980 and 2011 when measured against multiple benchmarks, including inflation, the money supply, gold, the U.S. national debt, and the stock market. These are extremely exciting and promising times for precious metals investors, and I am grateful to have you on this journey with me. I hope you prosper greatly in the years ahead.
Do not listen to Chuck Schumer or any of his allies in the corporate media when they spin about this critical point. As 
With this context in mind, here are <a href="
