AppLovin (APP 0.14%) has shifted from a gaming-linked ad company into a high-margin AI software platform. Axon 2, the sale of its gaming business, and the push into e-commerce could create a powerful next chapter, but the stock's huge run and debt load make this a story investors need to watch carefully.
*Stock prices used were the market prices of May 22, 2026. The video was published on May 30, 2026.





