Stock Movers Crocs Rises, AppLovin Surges, Arm Drops After Disappointing Sales Forecast
May 8, 2025
Crocs sees a share rise thanks to better-than-expected earnings, despite withdrawing its full-year outlook due to global trade uncertainties. AppLovin's stock soars after strong results and forecasts, alongside a strategic sale of its gaming unit to focus on advertising tech. In contrast, Arm Holdings faces a drop in shares after disappointing sales forecasts, with its CEO citing a conservative outlook and timing issues with new agreements. The stock market remains volatile as companies navigate these challenges.
AI Snips
Chapters
Transcript
Episode notes
Crocs Faces Macroeconomic Challenges
- Crocs beat earnings estimates despite net income falling over 7% year-over-year.
- The company withdrew full year guidance, citing macroeconomic and trade policy uncertainties.
Crocs Still Popular and Fashionable
- Crocs remain popular, sparking debate on wearing socks with them.
- Christine Aquino and hosts discuss Crocs fashion and personal preferences humorously.
AppLovin Focuses on Ad Tech
- AppLovin's AI-powered ad platform beat Q1 earnings and net income estimates.
- Selling its video games unit enables focus on advertising technology, boosting investor confidence.