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ASX:XRO News 23 January 2026

Xero shares rebound 3.5% ahead of Australia Day break as rate bets swing

Xero shares rebound 3.5% ahead of Australia Day break as rate bets swing

Sydney, Jan 23, 2026, 17:06 AEDT — Market closed. Xero Limited (ASX: XRO) shares climbed 3.5% to finish at A$101.22 on Friday, ending a two-day losing streak for the accounting software company. The stock fluctuated between A$98.45 and A$102.99, with roughly 1.43 million shares changing hands. This follows declines of 5.15% on Wednesday and 1.15% on Thursday. (Investing) Investors are…
23 January 2026
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Stock Market Today

  • AppLovin Stock Outlook 2026-2030: AI Drives Growth Despite Recent Volatility
    January 23, 2026, 9:04 AM EST. AppLovin (NASDAQ: APP) shares surged nearly 800% since its 2021 IPO, despite a 35% drop early last year amid lawsuit and short-seller pressure. The stock rebounded with strong quarterly results, peaking at $745.61 before retreating 22% year-to-date, yet still outperforming major indexes. The company leverages AI-driven advertising through its Axon engine, expanding beyond gaming into sectors like e-commerce and fintech, as CEO Adam Foroughi noted during Q4 2024 earnings. Analysts remain mixed, with Benchmark and Jefferies maintaining Buy ratings amid fundamental concerns. AppLovin's focus on personalized ads and a new self-service platform underpin its secular growth potential. Investors weigh risk after a 90% post-pandemic drawdown against momentum from AI-powered innovations and new market penetration.
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