TLDR
💹 MARKET RECAP → Stocks rose again to fresh highs Monday as rate-cut optimism fueled stock market gains.
🚀 RALLY BEFORE THE FALL → Paul Tudor Jones sees markets set for a powerful near-term rally driven by Fed easing and investor FOMO, but expects a “blow-off top” to end the bull run.
⚠️ APPLOVIN UNDER FIRE → AppLovin (APP) stock sank ~15% after the SEC launched an investigation into its data practices, sparking privacy concerns and investor jitters.
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HOT TAKES
Rally Before the Fall

Gemini
📈 Jones turns bullish short-term. Billionaire hedge fund manager Paul Tudor Jones says all “ingredients are in place” for a massive rally in U.S. stocks before the bull market ends in a dramatic “blow-off top.”
💵 Fuel from the Fed and FOMO. He pointed to lower interest rates, rising liquidity, and investors rushing back into equities as conditions primed for a surge—but warned the move could end with a sharp reversal once euphoria peaks.
⚠️ Timing the turn. Jones didn’t call an immediate top but hinted that the next leg up could mark the final stage of this bull cycle—a mirror image of the melt-ups seen before major corrections in past decades.
TECH
AppLovin Under Fire

Gemini
⚖️ SEC probe hits shares. AppLovin (APP) stock plunged nearly 15% after reports surfaced that the SEC is investigating the mobile ad-tech firm over its data collection and privacy practices.
📱 Ad targeting under scrutiny. Regulators are examining whether AppLovin’s user-tracking methods violated securities or consumer protection laws, as the company’s software allegedly gathered behavioral data without full consent.
💸 Investors brace for fallout. The probe raises the risk of fines or stricter oversight just as AppLovin has been expanding its AI-driven ad platform. Analysts say uncertainty could weigh on shares through year-end.
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