[AppLovin's AI stumble](https://www.marketwatch.com/story/applovins-ai-stumbles-send-the-stock-sliding-toward-its-worst-day-in-over-a-year-1fbc81dd?mod=mw_rss_topstories) is textbook SaaS meltdown theater — revenue miss, stock crashes, sell-side downgrades cascade. But here's what nobody's watching: the companies that survive this margin compression gauntlet won't be the growth-at-all-costs crowd.

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