That's quite an assumption to make. The very famous example of data tracking and creepy correlations is the story about the supermarket sending baby ads to a household based on nothing more than their purchasing habits.
People change the way they act in measurable ways for much less intense psychological events than pregnancy. Just the grocery prices you look up (and that doesn't include things like pregnancy tests) is enough to determine likelihood of pregnancy, let alone an app you take with you all day and possibly spend hours scrolling through. The amount of data you're passively giving off to these apps is enormous.
I have yet to see any evidence of spying through microphones by large companies. I know some small ad network got caught doing so, but not the big suspects everyone is (rightfully) afraid of. The Google phone I'm carrying would've spawned much more relevant ads than "buy a new €200k electric car" and "where to apply for welfare" right after each other if it actually listened in.