Roundhill T-Rex 2X Long DRAM Dly TrgtETF

Historically a strong performer, $AppLovin(APP.US) turned in a rare miss. Both the quarter and guidance point to slowing revenue growth, falling short of investor expectations.

This aligns with recent chatter that AppLovin's ad conversion has weakened. Investors are naturally raising more questions about how the competitive landscape may shift. Management now needs to address concerns, offer credible explanations, and shore up confidence.

Specifically: 1) Growth continues to slow. Q2 revenue rose 53%, but on the underlying software trend, growth is decelerating further on a higher base. Meanwhile...