Shares of Digital Turbine (NASDAQ: APPS) were sliding in July after a move by Alphabet's Google seemed to threaten the company. Digital Turbine helps companies monetize mobile content, generally on apps. At the end of June, Google said that starting in August, it will require new apps published in the Google Play store to be published with the Android App Bundle, a move Digital Turbine had been preparing for since 2019.
Digital Turbine's (APPS) first-quarter fiscal 2021 results are expected to reflect higher demand for cloud-based mobile solutions and improved advertising demand.
In today's video I look at fundamentals and recent news for Spotify (NYSE: SPOT), Tencent (OTC: TCEHY), Digital Turbine (NASDAQ: APPS), and Fastly (NYSE: FSLY). Below I share a few highlights from the video.