Bloom Energy, Illumina, and Everpure Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400, and S&P SmallCap 600September 4, 2026 7:15 PM
PR Newswire (US) NEW YORK, Sept. 4, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 21, 2026, to coincide with the quarterly rebalance. The changes ensure that each index is more representative of its market capitalization range. The companies being removed from the S&P SmallCap 600 are no longer representative of the small-cap market space.Following is a summary of the changes that will take place prior to the open of trading on the effective date:Effective Date Index Name Action Company Name Ticker GICS Sector  Sept 21, 2026 S&P 100AdditionDell TechnologiesDELLInformation Technology Sept 21, 2026 S&P 100DeletionHoneywell AerospaceHONAIndustrials Sept 21, 2026 S&P 100AdditionPalo Alto NetworksPANWInformation Technology Sept 21, 2026 S&P 100DeletionNIKENKEConsumer Discretionary Sept 21, 2026 S&P 100AdditionArista NetworksANETInformation Technology Sept 21, 2026 S&P 100DeletionSimon Property GroupSPGReal Estate Sept 21, 2026 S&P 100AdditionSandiskSNDKInformation Technology Sept 21, 2026 S&P 100DeletionColgate-PalmoliveCLConsumer StaplesSept 21, 2026 S&P 500 AdditionBloom Energy BE Industrials Sept 21, 2026 S&P 500 DeletionMolson Coors Beverage TAP Consumer Staples Sept 21, 2026 S&P 500 Addition EverpureP Information Technology Sept 21, 2026S&P 500DeletionThe Trade DeskTTD Communication ServicesSept 21, 2026 S&P 500 Addition IlluminaILMN Health Care Sept 21, 2026 S&P 500 DeletionBuilders FirstSource BLDR Industrials Sept 21, 2026 S&P MidCap 400 Addition HubSpotHUBS Information Technology Sept 21, 2026S&P MidCap 400 DeletionBoston Beer SAM Consumer Staples Sept 21, 2026 S&P MidCap 400 Addition AGNC Investment  AGNC Financials Sept 21, 2026 S&P MidCap 400 DeletionCapri Holdings CPRI Consumer Discretionary Sept 21, 2026 S&P MidCap 400 Addition Corcept Therapeutics CORT Health Care Sept 21, 2026 S&P MidCap 400 DeletionEverpureP Information Technology Sept 21, 2026 S&P MidCap 400 Addition Brinker Intl EAT Consumer Discretionary Sept 21, 2026 S&P MidCap 400 DeletionIlluminaILMN Health Care Sept 21, 2026 S&P SmallCap 600 Addition Herc Holdings  HRI Industrials Sept 21, 2026S&P SmallCap 600DeletionN-ableNABL Information Technology Sept 21, 2026S&P SmallCap 600 Addition Delek US Holdings DK Energy Sept 21, 2026S&P SmallCap 600 Deletion Shenandoah TelecommunicationsSHEN Communication ServicesSept 21, 2026S&P SmallCap 600 Addition AXTAXTI Information Technology Sept 21, 2026S&P SmallCap 600 Deletion Matthews Intl MATWConsumer Discretionary Sept 21, 2026S&P SmallCap 600 Addition Arcutis Biotherapeutics  ARQT Health Care Sept 21, 2026 S&P SmallCap 600 DeletionVerra Mobility VRRM Industrials Sept 21, 2026 S&P SmallCap 600 AdditionAtriCureATRCHealth CareSept 21, 2026 S&P SmallCap 600 DeletionFranklin BSP Realty Trust FBRT FinancialsSept 21, 2026 S&P SmallCap 600 Addition Capri Holdings CPRI Consumer Discretionary Sept 21, 2026 S&P SmallCap 600 DeletionNexPoint Residential Trust NXRT Real Estate Sept 21, 2026 S&P SmallCap 600 Addition Boston Beer SAM Consumer Staples Sept 21, 2026 S&P SmallCap 600 Deletion Amerisafe AMSF Financials Sept 21, 2026 S&P SmallCap 600 Addition Molson Coors Beverage TAP Consumer StaplesSept 21, 2026 S&P SmallCap 600 DeletionCogent Communications HoldingsCCOI Communication ServicesSept 21, 2026 S&P SmallCap 600 Addition The Trade DeskTTD Communication ServicesSept 21, 2026 S&P SmallCap 600DeletionCorcept Therapeutics CORT Health CareSept 21, 2026S&P SmallCap 600Addition Builders FirstSourceBLDR IndustrialsSept 21, 2026S&P SmallCap 600DeletionBrinker IntlEAT Consumer Discretionary ABOUT S&P DOW JONES INDICESS&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/.FOR MORE INFORMATION:S&P Dow Jones Indices
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The Trade Desk to Reduce Workforce by Approximately 15% in RestructuringSeptember 4, 2026 9:33 AM
IH Market News The Trade Desk, Inc. (NASDAQ:TTD) announced plans to reduce its total workforce by approximately 15% as part of an organisational realignment, according to a company statement dated September 3, 2026. The restructuring will involve the elimination of positions and is expected to be substantially completed during the third quarter of 2026. The Trade Desk said the changes are intended to redirect resources towards areas it has identified as higher priorities for growth and to improve operational effectiveness. Restructuring Charges Estimated at Up to $51 Million The Trade Desk expects to incur approximately $39 million to $51 million in cash restructuring and related charges, primarily associated with employee severance and benefits. The company expects these costs to be partially offset by a reversal of approximately $4 million to $5 million related to stock-based compensation. The accrual for the restructuring charges is expected to be recognised during the third quarter of 2026. Additional Costs Could Arise During Implementation The Trade Desk said additional charges or cash expenditures that are not currently anticipated could arise as the restructuring plan is implemented. The company said it would file an amended Current Report on Form 8-K if the actual amounts ultimately differ materially from its current estimates. The workforce reduction forms part of the company’s broader organisational realignment, with the majority of the restructuring expected to be completed during the third quarter. The Trade Desk stock priceThe post The Trade Desk to Reduce Workforce by Approximately 15% in Restructuring appeared first on US Editors. Original: The Trade Desk to Reduce Workforce by Approximately 15% in Restructuring

Bloomberg 500 (B500) Index Adds Ten Securities Following September ReconstitutionAugust 26, 2026 4:33 PM
PR Newswire (US) NEW YORK, Aug. 26, 2026 /PRNewswire/ -- Bloomberg Indices announced the following changes to the Bloomberg 500 (B500) Index, effective prior to the open of trading on Thursday, September 10, 2026, to coincide with the September reconstitution of the index. The B500 contains 500 of the most highly capitalized US companies, weighted by float-adjusted market capitalization, representing more than USD 60 trillion in aggregate market capitalization. Ten new firms will enter the index: Revolution Medicines Inc. (RVMD UW Equity), Flex Ltd. (FLEX UW Equity), Credo Technology Group Holding Ltd (CRDO UW Equity), Casey's General Stores Inc. (CASY UW Equity), Sunbelt Rentals Holdings Inc. (SUNB UN Equity), Carpenter Technology (CRS UN Equity), Curtiss-Wright Corp. (CW UN Equity), ATI Inc. (ATI UN Equity), AerCap Holdings NV (AER UN Equity) and KeyCorp (KEY UN Equity).The additions span the Industrials, Financials, Technology, Consumer Staples, Materials and HealthCare Bloomberg Industry Classification System (BICS) sectors, in descending order of representation. The additions of Flex Ltd. and Casey's General Stores will double the representation of the Electronics Manufacturing Services/Original Design Manufacturer and Food & Drug Stores BICS sub-industries, respectively.Thirteen firms will be removed from the index, with removals concentrated primarily in the Consumer Discretionary, Technology and Industrials BICS sectors. The removal of APIV PLC and Versigent PLC will result in the two securities currently representing the Auto Parts BICS sub-industry leaving the index.Following is the list of membership changes:Index
EventTickerSecurity NameBICS SectorAdditionRVMD UW EquityREVOLUTION MEDICINES INCHealth CareAdditionFLEX UW EquityFLEX LTDTechnologyAdditionCRDO UW EquityCREDO TECHNOLOGY GROUP HOLDING LTDTechnologyAdditionCASY UW EquityCASEY'S GENERAL STORES INCConsumer StaplesAdditionSUNB UN EquitySUNBELT RENTALS HOLDINGS INCIndustrialsAdditionCRS UN EquityCARPENTER TECHNOLOGYMaterialsAdditionCW UN EquityCURTISS-WRIGHT CORPIndustrialsAdditionATI UN EquityATI INCIndustrialsAdditionAER UN EquityAERCAP HOLDINGS NVFinancialsAdditionKEY UN EquityKEYCORPFinancialsDeletionFIG UN EquityFIGMA INC-CL ATechnologyDeletionWSO UN EquityWATSCO INCIndustrialsDeletionERIE UW EquityERIE INDEMNITY COMPANY-CL AFinancialsDeletionHUBS UN EquityHUBSPOT INCTechnologyDeletionAPTV UN EquityAPTIV PLCConsumer DiscretionaryDeletionDKNG UW EquityDRAFTKINGS INC-CL AConsumer DiscretionaryDeletionCSGP UW EquityCOSTAR GROUP INCReal EstateDeletionDPZ UW EquityDOMINO'S PIZZA INCConsumer DiscretionaryDeletionPODD UW EquityINSULET CORPHealth CareDeletionIT UN EquityGARTNER INCTechnologyDeletionTTD UQ EquityTRADE DESK INC/THE -CLASS ACommunicationsDeletionMBGL UN EquityMOBILITY GLOBAL INCIndustrialsDeletionVGNT UN EquityVERSIGENT PLCConsumer DiscretionaryTo learn more about Bloomberg Indices, visit www.bloombergindices.com or {IN } on the Terminal. About Bloomberg Index Services Limited
Bloomberg's index team has a proven track record in creating industry-leading and bespoke indices across asset classes, including their flagship fixed income, commodity and equity indices. BISL takes an innovative approach to delivering strategic benchmarks that help market participants address their evolving investment needs. The indices, which are seamlessly integrated with other Bloomberg solutions, draw on a comprehensive range of trusted data and reliable technology for calculations, analytics and workflow automation, along with distribution capabilities that can help amplify the visibility of our customers' products.About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.  View original content to download multimedia:https://www.prnewswire.com/news-releases/bloomberg-500-b500-index-adds-ten-securities-following-september-reconstitution-302860921.htmlSOURCE Bloomberg Original: Bloomberg 500 (B500) Index Adds Ten Securities Following September Reconstitution

The Trade Desk Shares Sink After Weak Results Trigger Wave of Analyst DowngradesAugust 7, 2026 8:39 AM
IH Market News The Trade Desk (NASDAQ:TTD) shares plunged more than 27% in premarket trading on Friday after the digital advertising company reported second-quarter results and issued third-quarter guidance that missed Wall Street expectations by a wide margin. The disappointing update prompted several brokerages to downgrade the stock and sharply reduce their price targets. Revenue and Outlook Miss Market Expectations The company reported second-quarter revenue of $715.1 million, an increase of 3% from a year earlier. However, the result fell short of analysts’ forecasts of approximately $752 million to $753 million and also missed management’s previous guidance of at least $750 million. Adjusted EBITDA totalled $241.3 million, below the consensus estimate of around $265 million. The outlook proved even more disappointing. For the third quarter, The Trade Desk forecast revenue of at least $650 million and adjusted EBITDA of approximately $160 million, well below Wall Street expectations of roughly $807 million and $339 million, respectively. The revenue guidance also implies a year-over-year decline of approximately 12%, marking what would be the company’s first annual revenue contraction outside the pandemic period. Brokerages Cut Ratings Following Results Raymond James downgraded The Trade Desk to Underperform from Market Perform, citing “a below-expectations 2Q and a sharply negative 3Q outlook, as macro conditions and buyers showing preferences for lower-cost media combined to drive down spend to the TTD platform.” The brokerage added that the third-quarter outlook represents “its first-ever non-pandemic y/y decline in revenue” and said it has “a hard time justifying” the stock’s valuation premium relative to other advertising technology companies. Baird also lowered its recommendation to Neutral from Outperform. Analysts described the earnings release by saying, “the 2Q print was just awful, plainly said.” The firm added that while it had previously believed the valuation had become more attractive, “clearly there is even more uncertainty here.” Baird reduced its price target to $9 from $27. Management Changes and Client Weakness Raise Concerns Truist Securities downgraded the shares to Hold from Buy and cut its price target to $16 from $35. The brokerage pointed to a combination of weaker macroeconomic conditions and company-specific execution challenges, highlighting reduced advertising spending from consumer packaged goods and automotive clients, including Procter & Gamble. Truist also noted “heightened management turnover” following the appointment of a new Chief Financial Officer, Chief Operating Officer, Chief Marketing Officer, Chief Commercial Officer and Chief Business Development Officer. The firm believes “4Q growth will be diminished by the same issues, keeping growth negative through mid 2027.” Guggenheim Sees Structural Challenges Guggenheim also downgraded The Trade Desk to Neutral from Buy while reducing its price target to $12 from $25. The brokerage said the company has “swung from an ~10pp premium in 3Q24 to a ~15pp discount in 2Q26 in quarterly ad growth rate vs. peers,” suggesting the slowdown reflects structural issues rather than a temporary cyclical downturn. Guggenheim also cited “continued leadership turnover, agency conflict and product inconsistency” and said Chief Executive Jeff Green’s comments regarding the company’s recovery “feels even further detached from the results.” The combination of disappointing earnings, significantly weaker guidance and a series of analyst downgrades fuelled heavy selling in The Trade Desk shares ahead of the opening bell. The Trade Desk stock priceThe post The Trade Desk Shares Sink After Weak Results Trigger Wave of Analyst Downgrades appeared first on US Editors. Original: The Trade Desk Shares Sink After Weak Results Trigger Wave of Analyst Downgrades

Institutional Ownership
102.52%
Total Shares Outstanding (millions)
427
Settlement Date Short Interest
07/15/2026 73,633,275

The Trade Desk Unlocks Activation of Convenience Store Retail Data for Digital Advertising in JapanJuly 13, 2026 10:00 PM
PR Newswire (US) Enabling integration of purchase data from approximately 28 million 7-Eleven App members on the DSPTOKYO, July 13, 2026 /PRNewswire/ -- The Trade Desk (Nasdaq: TTD), a global leader in advertising technology, today announced the integration of retail purchase data from SEVEN-ELEVEN JAPAN CO., LTD. (hereinafter "SEJ") into The Trade Desk platform, enabling advertisers to programmatically activate SEJ's retail purchase data across digital channels through The Trade Desk platform. The capability is now available to all advertisers in Japan. This represents one of the leading examples in Japan of integrating SEJ's purchase data with a DSP.This integration enables advertisers to activate high-quality data at scale across digital channels on the open internet, including over-the-top (OTT), connected TV (CTV), audio, and display, representing an important step forward in Japan's retail media landscape.Through this initiative, advertisers can seamlessly access and activate audience segments built from purchase data-driven insight based on the purchase behavior of approximately 28 million 7-Eleven App members directly within The Trade Desk platform. SEJ operates Japan's largest convenience store network, with around 22,000 stores nationwide and approximately 20 million daily visitors.[1] The integration enables activation of always-on audience segments — including demographic and high-demand purchase-based audiences — built from a wide range of product categories. Audience segments are curated based on advertiser needs using up to one year of purchase history (ID-POS data), enabling more precise audience targeting across omnichannel campaigns.This collaboration addresses a longstanding challenge in Japan, where access to high-quality retail data has historically been fragmented and operationally complex. Through API integration with the platform, SEJ's data is regularly refreshed and made available within The Trade Desk platform, enabling advertisers to plan, activate, and optimize campaigns with greater efficiency and reduced operational complexity.At the core of this integration is The Trade Desk's AI-driven platform, which transforms retail purchase signals into structured, scalable audience intelligence— bridging the gap between data access and real-time activation across channels. This enables advertisers to not only identify the right audiences, but to continuously refine and optimize how those audiences are reached, driving performance across the open internet."Japan's retail media ecosystem is entering a new phase," said Kei Majima, General Manager, Japan, The Trade Desk. "We are excited to bring this initiative to market, expanding access to one of Japan's most extensive retail data offerings for omnichannel advertising. As the industry evolves, the ability to programmatically activate high-quality data will be critical to driving performance and accountability in digital advertising. By integrating high-quality purchase data from SEJ, one of Japan's largest convenience store chains, directly into our platform, advertisers can now engage audiences more precisely and efficiently across channels, helping to unlock the full potential of retail data for advertisers in Japan."Key Benefits for AdvertisersHigh-Fidelity Audience Segments: Access audience segments built on a wide range of product categories and up to one year of purchase history, enabling more precise demographic and purchase-based targeting.Custom Audience Capabilities: Collaborate with SEJ to build and activate audience segments tailored to specific brands for more precise targeting.Omnichannel Activation: Apply retail data across digital channels via The Trade Desk platform for flexible, scalable campaigns.AI-Powered Audience Activation & Optimization: Transform retail purchase data into scalable audiences that can be activated across channels and continuously refined using AI to improve campaign performance over time.Advancing Retail Media Infrastructure in Japan
This initiative reflects a broader evolution in Japan's retail data landscape—from fragmented, one-off data use to always-on, infrastructure-driven approaches that enable scalable and continuous audience engagement. Historically, retail data activation relied on custom integrations that limited continuous campaign execution. With this integration, SEJ's data can now be continuously refreshed and activated in real time, enabling advertisers to improve audience targeting accuracy and advertising performance in a privacy conscious manner.As global retail data evolves toward greater standardization, enabling secure, scalable data use has become a key industry priority. This data integration signals a growing focus in Japan on not only protecting data but also enabling its responsible and effective utilization. Through this initiative, The Trade Desk and SEJ provide a practical model for how high-quality retail data can be applied at scale, demonstrating how infrastructure and privacy-conscious design can support more effective retail data activation at scale.[1] Figures as of the end of May 2026About The Trade Desk
The Trade Desk™ is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns across ad formats and devices. Integrations with major data, inventory, and publisher partners ensure maximum reach and decisioning capabilities, and enterprise APIs enable custom development on top of the platform. Headquartered in Ventura, CA, The Trade Desk has offices across North America, Europe and Asia Pacific. To learn more, visit thetradedesk.com or follow us on Facebook, X, LinkedIn and YouTube.Media ContactJason Wang
PR@thetradedesk.com View original content:https://www.prnewswire.com/news-releases/the-trade-desk-unlocks-activation-of-convenience-store-retail-data-for-digital-advertising-in-japan-302824355.htmlSOURCE The Trade Desk Original: The Trade Desk Unlocks Activation of Convenience Store Retail Data for Digital Advertising in Japan

Trade Desk shares decline after Arete cuts rating to Sell (TTD)June 30, 2026 8:38 AM
IH Market News Analyst warns of mounting competitive and structural challenges Trade Desk (NASDAQ:TTD) shares fell 2.6% on Tuesday after Arete downgraded the digital advertising technology company to Sell from Neutral and assigned a price target of $11.60. The stock had closed at $18.65 on Monday, meaning the new target implies downside of roughly 38%. According to analyst Richard Kramer, the company faces several challenges that could significantly weigh on fiscal 2027 revenue, as competitors target market share gains while broader structural pressures continue to build. Revenue outlook comes under pressure Kramer said the combination of rising competition and changes within the advertising technology landscape increases the risk that Trade Desk’s sales could fall materially below expectations in fiscal 2027. While the company continues to introduce new products, the analyst noted that agencies and advertisers are demanding greater transparency, creating additional pressure on the business. At the same time, Trade Desk is transitioning to a more capital-intensive operating model, a shift that Arete believes could further weigh on future performance. The Trade Desk stock priceThe post Trade Desk shares decline after Arete cuts rating to Sell (TTD) appeared first on US Editors. Original: Trade Desk shares decline after Arete cuts rating to Sell (TTD)

The Trade Desk Appoints David Haddad to Board of DirectorsJune 9, 2026 4:05 PM
Business Wire Global advertising technology leader The Trade Desk (NASDAQ: TTD) today announced the appointment of David Haddad to its board of directors. A veteran media and entertainment executive, Haddad brings more than three decades of leadership experience building and scaling global businesses across some of the world's most influential media companies. “David brings a unique combination of operational excellence and deep media expertise that will be invaluable as our industry enters its next chapter,” said Jeff Green, CEO and Co-Founder of The Trade Desk. “Having helped lead some of the most iconic companies in media and entertainment, he understands both how great businesses scale and how premium content creates value. His perspective will strengthen our board as we continue building technology that helps fund and preserve a vibrant open internet.” Haddad most recently spent more than a decade at Warner Bros. Entertainment, a division of Warner Bros. Discovery, where he held several leadership positions, most recently President of WB Games. Prior to Warner Bros., he served as Chief Operating Officer of Activision Blizzard and held senior leadership roles at Vivendi Games, Mattel and Disney, building a career spanning more than three decades across entertainment, consumer products and interactive content. “What Jeff and The Trade Desk have accomplished is remarkable – not only in building a market-leading business, but in helping create a more transparent and effective advertising ecosystem,” said Haddad. “I’m honored to join the board and look forward to supporting the company as it continues to grow, innovate and create value for its clients, partners and shareholders.” Haddad holds a B.S. in Business Administration from Miami University and a M.B.A. from Harvard Business School. About The Trade Desk The Trade Desk™ is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns across ad formats and devices. Integrations with major data, inventory, and publisher partners ensure maximum reach and decisioning capabilities, and enterprise APIs enable custom development on top of the platform. Headquartered in Ventura, CA, The Trade Desk has offices across North America, Europe, and Asia Pacific. To learn more, visit thetradedesk.com or follow us on Facebook, Twitter, LinkedIn, and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20260609027801/en/ PR
Pat Wentling
Communications
PR@thetradedesk.com IR
Jake Graves
Investor Relations
IR@thetradedesk.com Original: The Trade Desk Appoints David Haddad to Board of Directors

The Trade Desk Announces Nate Olmstead as Chief Financial OfficerJune 1, 2026 4:30 PM
Business Wire Interim CFO Tahnil Davis to Resume Previous Role as Chief Accounting Officer The Trade Desk (NASDAQ: TTD), a leading global advertising technology company, today announced the appointment of Nate Olmstead as Chief Financial Officer, effective July 9, 2026, to drive sustained accelerated growth and scale for the company. Olmstead will report to Jeff Green, The Trade Desk’s CEO and Co-Founder. “From our earliest days, The Trade Desk has focused on building for the long term — for our clients, our partners and the broader open internet,” said Jeff Green. “Nate deeply understands that mission and brings the experience, rigor and leadership to help guide our next phase of growth. I look forward to having him on our leadership team.” Olmstead joins from Penguin Solutions, an artificial intelligence infrastructure and technology solutions company, where he was SVP and CFO. Prior to that, he served as CFO of Logitech International S.A, a multinational company. He also held a number of financial leadership roles during his 16 years at Hewlett Packard Company and Hewlett Packard Enterprise. “The Trade Desk has built a remarkably strong and differentiated business over the past decade, and I admire the commitment to helping shape a better, more open internet,” said Olmstead. “I’m excited to join the team and help support the company’s consistent growth and profitability in the future.” Tahnil Davis, who served as interim CFO, will continue to serve as Chief Accounting Officer, the title she held before taking on the interim role. “I’m very appreciative of Tahnil’s continued commitment to The Trade Desk,” said Jeff Green. “She has been a trusted steward of our finances for over a decade, and I look forward to her continuing to serve as our Chief Accounting Officer and an advisor to both myself and Nate.” An 11-year veteran of the company, Davis will work closely with Olmstead on the transition and report into Olmstead. About The Trade Desk The Trade Desk™ is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns across ad formats and devices. Integrations with major data, inventory, and publisher partners ensure maximum reach and decisioning capabilities, and enterprise APIs enable custom development on top of the platform. Headquartered in Ventura, CA, The Trade Desk has offices across North America, Europe, and Asia Pacific. To learn more, visit thetradedesk.com or follow us on Facebook, Twitter, LinkedIn, and YouTube. View source version on businesswire.com: https://www.businesswire.com/news/home/20260601318953/en/ Pat Wentling
Communications
PR@thetradedesk.com Jake Graves
Investor Relations
IR@thetradedesk.com Original: The Trade Desk Announces Nate Olmstead as Chief Financial Officer

Trade Desk (TTD) shares tumble after earnings miss and weaker outlookMay 8, 2026 5:56 AM
IH Market News Shares of The Trade Desk (NASDAQ:TTD) plunged more than 14% in premarket trading on Friday after the advertising technology company reported quarterly earnings below Wall Street expectations and issued weaker-than-anticipated guidance for the current quarter.For the first quarter, The Trade Desk posted adjusted earnings per share of $0.28, missing analyst forecasts of $0.32 per share. Revenue came in at $689 million, slightly above the consensus estimate of $679.5 million and up 12% from the $616 million reported during the same period last year.Investor sentiment was hit harder by the company’s outlook for the second quarter. The Trade Desk projected revenue of at least $750 million, falling short of analyst expectations of $772.4 million.The company also forecast adjusted EBITDA of roughly $260 million for the second quarter. Wall Street analysts cut ratings following results The weaker guidance prompted multiple analyst downgrades across Wall Street.“We were cautious on TTD into earnings, but 2Q guidance was below our expectations. Our sense is the combination of Middle East turmoil, ad agency tensions, and changes to industry structure are pressuring growth,” KeyBanc analysts said while downgrading the stock to Sector Weight.“While the first two factors could eventually reach a resolution, we do not see the competitive factor changing any time soon,” they added.Oppenheimer also downgraded The Trade Desk to Perform from Outperform, citing expectations for only single-digit revenue growth in the second quarter.“Now trading at 6.4x ’26 EBITDA vs. adtech 7.9x, we see no catalyst until revenue accelerates,” the firm wrote. Profitability weakens despite revenue growth Adjusted EBITDA for the first quarter totaled $206 million, slightly below the $208 million reported a year earlier. EBITDA margin narrowed to 30% from 34% in the same quarter of 2025.“Q1 was another strong quarter for The Trade Desk, with revenue growing to $689 million, representing 12% year-over-year growth,” said Jeff Green, CEO and Co-Founder.“We’re encouraged by the impact of the strategic upgrades we’ve been making across the company, which contributed to our outperformance in Q1. Despite headwinds in the macro environment, we remain confident in our ability to lead and innovate within the programmatic ecosystem.”The company said customer retention remained above 95% during the quarter, continuing a trend maintained over the past decade.During the period, The Trade Desk spent approximately $164 million repurchasing Class A common shares. As of March 31, 2026, the company still had $327 million authorized for additional buybacks. Net income declines from prior year GAAP net income for the quarter came in at $40 million, or $0.08 per diluted share, compared with $51 million, or $0.10 per diluted share, during the first quarter of 2025.The Trade Desk stock price Original: Trade Desk (TTD) shares tumble after earnings miss and weaker outlook

Markets turn cautious as Middle East tensions and jobs data dominate focus: Dow Jones, S&P, Nasdaq, Wall Street FuturesMay 8, 2026 5:15 AM
IH Market News Global markets traded unevenly on Friday as renewed clashes between U.S. and Iranian forces near the Strait of Hormuz weighed on investor sentiment and pressured equities worldwide.“Markets still aren’t pricing in the worst-case scenario,” Deutsche Bank strategists led by Henry Allen wrote in their morning note to clients.Investors were also monitoring preparations for President Donald Trump’s upcoming summit with China, while a fresh batch of software earnings triggered sharp premarket swings across the technology sector. Attention later in the session will shift toward the release of the April U.S. employment report. Oil reverses gains after Strait of Hormuz tensions flare Oil prices turned lower on Friday after an initial rally sparked by renewed military exchanges involving U.S. and Iranian forces near the Strait of Hormuz. Brent crude briefly climbed around 3% during Asian trading before surrendering those gains and slipping back below the $100 level.The renewed tensions unsettled markets only days after signals from Washington and Tehran suggested that a broader diplomatic agreement could be within reach.President Donald Trump maintained that the ceasefire established last month was still holding despite the latest exchange of fire. Even with Friday’s volatility, crude prices remain on track for an approximate 7% weekly decline as traders continue to hope for a diplomatic resolution. Trump-China summit draws market attention Geopolitical developments remained a central focus ahead of Trump’s expected meeting with Chinese President Xi Jinping next week in Beijing.The summit would represent the first visit by a U.S. president to China since 2017 and arrives during a particularly sensitive period for financial markets. Discussions are expected to center on the Iran conflict, trade relations and broader economic coordination.According to CNBC, the American business delegation accompanying Trump may be smaller than those sent by several other countries in recent months. Investors are also looking for indications regarding a possible future trip by Xi to the United States. Asian and European equities move lower Asian stock markets weakened after Wall Street retreated from record highs overnight. Japanese and South Korean equities pulled back as rising geopolitical tensions in the Middle East reduced investor appetite for risk.Japan’s Nikkei 225 ended the session down 0.2%, while South Korea’s KOSPI recovered from earlier losses to close slightly higher.European markets also traded lower, with the STOXX 600 falling as much as 0.9% in early dealings after the U.S. military reported intercepting attacks aimed at three warships near the Strait of Hormuz.Despite the broader caution, U.S. equity futures pointed modestly higher ahead of the labor market report, with S&P 500 futures gaining around 0.3%. Investors await U.S. jobs report Market participants are closely watching Friday’s U.S. nonfarm payrolls report for additional signals on economic conditions and the Federal Reserve’s next policy moves.The previous month’s payrolls data showed job growth of 178,000, the strongest reading in 15 months.“That’s an important one, as Fed pricing has already shifted in a hawkish direction given the energy shock,” Allen said.Economists are now forecasting that payrolls increased by 50,000 in April, which would mark the first consecutive monthly gains since May of last year. The unemployment rate is expected to remain unchanged at 4.3%. Software earnings trigger major stock swings Corporate earnings from software companies drove some of the sharpest individual stock movements ahead of Friday’s opening bell.Akamai (NASDAQ:AKAM) jumped nearly 30% in premarket trading after announcing a $1.8 billion long-term cloud agreement linked to a frontier artificial intelligence model provider.Bill Holdings (NYSE:BILL) advanced 12% after reporting quarterly revenue and earnings above analyst expectations, supported by stronger transaction activity and subscriber-related fees.Several other software stocks moved sharply lower following their earnings releases. HubSpot (NYSE:HUBS), Trade Desk (NASDAQ:TTD) and Cloudflare (NASDAQ:NET) all recorded double-digit declines in premarket trading.Akamai Technologies stock priceBill Holdings stock priceHubSpot stock priceThe Trade Desk stock priceCloudflare stock price Original: Markets turn cautious as Middle East tensions and jobs data dominate focus: Dow Jones, S&P, Nasdaq, Wall Street Futures

Sold $TTD for $86 dollar gain in few hrs. 3 months $1094 dollars.

Bought Trade Desk $TTD huge advertising firm amazing net income. Way oversold. Main reason I bought about to break downtrend on 6 month and breakout up.

The Trade Desk Appoints Drew Vollero to Board of DirectorsMarch 25, 2026 4:05 PM
Business Wire
The Trade Desk (Nasdaq: TTD), the world’s leading independent advertising technology company, today announced the appointment of Drew Vollero to its board of directors.


Vollero brings deep financial and operational expertise, with a proven track record of helping high-growth technology companies scale and navigate complex market dynamics. With more than three decades of experience across public and private markets, he brings a strong perspective on long-term value creation and disciplined growth.


Vollero currently serves as Reddit’s first Chief Financial Officer (CFO), where he has built and scaled its financial infrastructure and guided the company through a successful IPO in March 2024. Prior to Reddit, Vollero was the CFO of Allied Universal, the largest U.S. security and facility services firm. In addition, he served as Snapchat’s first CFO, guiding its IPO and transition to a public company. During his tenure at Snap, Vollero led financial strategy and operational efficiency through periods of significant transformation and expansion.


“Drew’s extensive experience as CFO and his ability to guide organizations through periods of growth make him an exceptional addition to our board,” said Jeff Green, CEO and Co-founder, The Trade Desk. “His financial acumen, strategic mindset, and leadership across some of the most dynamic companies in technology will be invaluable as we continue to scale globally and deliver long-term value for our clients and shareholders.”


“I’m excited to join The Trade Desk board at such a pivotal time in its growth journey,” said Vollero. “The Trade Desk has built a strong foundation and powerful platform grounded in innovation for its advertising clients. I look forward to partnering with Jeff and the leadership team to help drive momentum and shape the future of the advertising ecosystem.”


Vollero began his career in corporate finance and held various financial, operational, and business development roles at Mattel and Pepsi. He has a B.A. in mathematics and economics from Yale University, graduating magna cum laude, and an M.S. in management from Oxford University.


About The Trade Desk


The Trade Desk™ is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns across ad formats and devices. Integrations with major data, inventory, and publisher partners ensure maximum reach and decisioning capabilities, and enterprise APIs enable custom development on top of the platform. Headquartered in Ventura, CA, The Trade Desk has offices across North America, Europe, and Asia Pacific. To learn more, visit thetradedesk.com or follow us on Facebook, X, and LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260325309271/en/
Melinda Zurich

The Trade Desk

PR@thetradedesk.com


Original: The Trade Desk Appoints Drew Vollero to Board of Directors

chart is looking pretty messy right now. honestly might just sit on my hands until I see some actual insider buying. hard to trust the technicals in this market.🙄

What's Going On With Trade Desk Stock Today?
By Nabaparna Bhattacharya | March 05, 2026, 8:48 AM

https://finviz.com/news/330695/whats-going-on-with-trade-desk-stock-today

The Trade Desk, Inc. (NASDAQ:TTD) shares moved higher on Thursday after reports surfaced about potential advertising discussions with OpenAI.

Investors reacted after news indicated that OpenAI may initially rely on external partners to sell ads as it scales its advertising business, after introducing ads on ChatGPT last month, Information reports.

The ad-technology company also gained attention following a large insider stock purchase disclosed in a regulatory filing.

The update arrived as the company's chief executive revealed a substantial personal share purchase through a recent filing.

The filing showed CEO Jeffrey Terry Green added millions of shares to his holdings earlier this week.

Major Insider Purchase
Green accumulated 6,398,089 Class A shares between March 2 and March 4. The purchases included 6,000,000 shares acquired through a limited partnership.

The filing also recorded 398,089 additional shares granted through a restricted stock award. Combined, the transactions represent a significant personal investment by the company's chief executive.

The majority of shares were purchased at weighted-average prices between $23.49 and $25.08.

Individual trade prices ranged from $22.93 to $25.25.

The four transactions totaled approximately $148.1 million. The purchases occurred while the stock traded near multi-year lows.

Large insider purchases sometimes signal management confidence in a company's long-term outlook. Investors often monitor such moves for clues about executive sentiment.

Recent Analyst Views
Wall Street analysts recently updated coverage following volatility in the advertising technology sector.

On March 2, KeyBanc analyst Justin Patterson maintained an Overweight rating on the company. However, he lowered the price target from $40 to $35.

Meanwhile, Piper Sandler analyst Thomas Champion reiterated a Neutral rating. The analyst reduced his price target from $50 to $28.

The Trade Desk operates a programmatic advertising platform used by brands and agencies worldwide. The company helps marketers purchase digital advertising inventory across channels.

TTD Price Action: Trade Desk shares are trading higher by 21.57% to $30.55 premarket at last check Thursday.

Trade Desk names Tahnil Davis interim CFO as shares slideJanuary 26, 2026 4:05 PM
IH Market News
Shares of Trade Desk (NASDAQ:TTD) fell 4.8% after the company said it has appointed Tahnil Davis as Interim Chief Financial Officer.Davis will report directly to CEO and co-founder Jeff Green, taking over the role from Alex Kayyal.Alongside the leadership update, the digital advertising group reiterated its financial guidance for the fourth quarter. Trade Desk said it continues to expect revenue of at least $840 million, modestly below the Bloomberg Consensus estimate of $842.7 million.The company also reaffirmed its adjusted EBITDA outlook of roughly $375 million, compared with analysts’ expectations of about $376.8 million.The Trade Desk stock price

Original: Trade Desk names Tahnil Davis interim CFO as shares slide

$TTDThe Trade Desk Inc's valuation metrics have significantly improved, with the P/E ratio dropping from 147.58x in Q4 2024 to 54.64x in Q3 2025, indicating a more attractive investment proposition. However, growth rates for revenue and earnings have slowed, with revenue growth declining to 20.82% from 25.63% in the previous quarter, reflecting potential market saturation. Profitability remains robust, with a gross margin of 78.81% and an operating margin of 18.91%, showcasing strong operational efficiency.
Valuation: The Trade Desk Inc's valuation metrics have shown significant improvement, with the EV/EBITDA ratio decreasing from 108.71x in Q4 2024 to 35.27x in Q3 2025. Similarly, the P/E ratio has fallen from 147.58x to 54.64x in the same period, indicating a more favorable valuation relative to earnings and making the stock more appealing to investors.Profitability: Profitability metrics for The Trade Desk Inc remain strong, with a gross margin of 78.81% in Q3 2025, slightly down from 80.69% in Q4 2024, yet still indicating high core profitability. The operating margin improved to 18.91%, up from 17.47%, reflecting effective cost management. Additionally, the ROIC stands at 32.39%, showcasing efficient capital utilization.Growth Metrics: Growth metrics for The Trade Desk Inc have shown a mixed trend, with revenue growth declining to 20.82% in Q3 2025 from 25.63% in Q4 2024, suggesting a slowdown in business expansion. Earnings growth also decreased to 42.62% from 116.67%, reflecting challenges in maintaining high profit growth rates. Meanwhile, free cash flow growth remains strong at 239.99%, indicating continued cash generation capability despite the slowing revenue and earnings growth.

The Trade Desk Announces Tahnil Davis as Interim Chief Financial OfficerJanuary 26, 2026 2:25 PM
Business Wire
The Company also reaffirms its Fourth Quarter guidance, Announces Date of Fourth Quarter 2025 Financial Results and Conference Call


The Trade Desk (NASDAQ: TTD), the world’s leading independent advertising technology company, today announced the appointment of Tahnil Davis as Interim Chief Financial Officer (CFO), effective January 24, while the Company conducts a search for a permanent successor. Davis currently serves as the company’s Chief Accounting Officer and has been with The Trade Desk for nearly 11 years. She succeeds Alex Kayyal. Davis will report to Jeff Green, The Trade Desk’s CEO and Co-Founder.


Davis brings deep expertise in financial management across domestic and international markets, with extensive experience in high-growth software and internet services companies. Throughout her tenure at The Trade Desk, she has played a critical role in building the company’s financial and operational infrastructure and supporting corporate governance.


“Tahnil is an exceptionally strong operator and leader who understands our business inside and out,” said Green. “Her combination of financial rigor, strategic insight, and hands-on execution has been instrumental in helping us build a finance organization that can support our next phase of growth. I look forward to our continued partnership as we continue to execute against our strategic priorities.”


Fourth Quarter 2025 Guidance


For the fourth quarter of 2025, The Trade Desk reaffirms the financial guidance given on November 6th, 2025 and continues to expect:



Revenue of at least $840 million



Adjusted EBITDA of approximately $375 million



The Company is in the process of finalizing its results of operations for the fourth quarter and fiscal year ended December 31, 2025.


The Company has not provided guidance for GAAP net income or reconciliation of Adjusted EBITDA guidance to net income, the closest corresponding U.S. GAAP measure, because net income guidance is not available without unreasonable efforts on a forward-looking basis due to the variability and complexity with respect to the charges included in the calculation of this GAAP measure; in particular, stock-based compensation, tax-related items and other non-recurring items not indicative of ongoing operating performance. The Company expects the variability of the above charges could have a significant and potentially unpredictable impact on our future U.S. GAAP financial results.


Date of Fourth Quarter and Fiscal Year 2025 Financial Results and Conference Call


The Trade Desk expects to release financial results for the fourth quarter and fiscal year ended December 31, 2025 after the market closes on Wednesday, February 25, 2026. The Trade Desk will host a webcast and conference call to discuss fourth quarter and fiscal year financial results at 2:00 P.M. Pacific Time.


Webcast and Conference Call Details



When: February 25, 2026 at 2:00 P.M. Pacific Time (5:00 P.M. Eastern Time).



Webcast: A live webcast of the call can be accessed from the Investor Relations section of The Trade Desk’s website at http://investors.thetradedesk.com/. Following the call, a replay will be available on the company’s website.



Dial-in: To access the call via telephone in North America, please dial 888-506-0062. For callers outside the United States, please dial 1-973-528-0011. Participants should reference the conference call ID code “159997” after dialing in.



Audio replay: An audio replay of the call will be available beginning about two hours after the call. To listen to the replay in the United States, please dial 877-481-4010 (replay code: 53520). Outside the United States, please dial 1-919-882-2331 (replay code: 53520). The audio replay will be available via telephone until March 4, 2026.



Use of Non-GAAP Financial Information


Included within this press release is the non-GAAP financial measure of Adjusted EBITDA that supplements the Condensed Consolidated Statements of Operations of the Company prepared under generally accepted accounting principles (“GAAP”). Adjusted EBITDA is net income before depreciation and amortization expense; stock-based compensation expense; interest income, net; and provision for income taxes. This non-GAAP measure is not meant as a substitute for GAAP, but is included solely for informational and comparative purposes. The Company’s management believes that this information can assist investors in evaluating the Company's operational trends, financial performance, and cash-generating capacity. Management believes this non-GAAP measure allows investors to evaluate the Company’s financial performance using some of the same measures as management. However, non-GAAP financial measures should not be regarded as a replacement for or superior to corresponding, similarly captioned, GAAP measures and may be different from non-GAAP financial measures used by other companies.


About The Trade Desk


The Trade Desk™ is a technology company that empowers buyers of advertising. Through its self-service, cloud-based platform, ad buyers can create, manage, and optimize digital advertising campaigns across ad formats and devices. Integrations with major data, inventory, and publisher partners ensure maximum reach and decisioning capabilities, and enterprise APIs enable custom development on top of the platform. Headquartered in Ventura, CA, The Trade Desk has offices across North America, Europe, and Asia Pacific.


Forward-Looking Statements


This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to expectations concerning matters that (a) are not historical facts, (b) predict or forecast future events or results, or (c) embody assumptions that may prove to have been inaccurate, including statements relating to industry and market trends, the Company’s financial targets, such as revenue and Adjusted EBITDA, and the timing of the Company’s release of earnings for the quarter and year ended December 31, 2025. When words such as “believe,” “expect,” “anticipate,” “will,” “outlook” or similar expressions are used, the Company is making forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it cannot give readers any assurance that such expectations will prove correct. These forward-looking statements involve risks, uncertainties and assumptions, including those related to the Company’s ability to maintain and grow its client base and spend through its platform and related offerings, which makes it difficult to evaluate the Company’s business and prospects, the market for programmatic advertising developing slower or differently than the Company’s expectations, the demands and expectations of clients and the ability to attract and retain clients. The actual results may differ materially from those anticipated in the forward-looking statements as a result of numerous factors, many of which are beyond the control of the Company. These are disclosed in the Company’s reports filed from time to time with the Securities and Exchange Commission, including its most recent Form 10-K and any subsequent filings on Forms 10-Q or 8-K, available at www.sec.gov. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company does not intend to update any forward-looking statement contained in this press release to reflect events or circumstances arising after the date hereof.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260126378908/en/
Investors

Jake Graves

Sr. Investor Relations Manager

The Trade Desk

ir@thetradedesk.com
Media

Melinda Zurich

VP, Communications

The Trade Desk

melinda.zurich@thetradedesk.com


Original: The Trade Desk Announces Tahnil Davis as Interim Chief Financial Officer

Trade Desk (TTD) will join the S&P 500 index before the open on Friday, July 18, with the digital advertising play replacing Ansys (ANSS). Fellow S&P 500 stock Synopsys (SNPS) will close its acquisition of Ansys on Thursday. Trade Desk stock jumped late Monday.

This board is completly out of date. Trade Desk had some after hours blow out news and non one is here. What a shame.

Think The Trade Desk's Best Days Are Behind It? Think again.
By Danny Vena | May 08, 2025, 8:51 PM

https://finviz.com/news/52832/think-the-trade-desks-best-days-are-behind-it-think-again

The past few months have been fraught with uncertainty for investors in The Trade Desk (NASDAQ: TTD). The programmatic advertiser delivered an unbroken track record of beating its own guidance for 32 consecutive quarters as it closed out 2024. Then, to the surprise of Wall Street and Main Street alike, The Trade Desk stumbled, missing analysts' consensus estimates and its own forecast. In the wake of its disappointing quarter, the stock went into freefall and shed more than 60% of its value as fair-weather investors headed for the exits.

It isn't surprising, then, that shareholders were sitting on the edge of their seats when the company released its quarterly financial results after the market close on Thursday. Indeed, those who took a long-term view had their faith rewarded as The Trade Desk returned to form and looked to put its troubles behind it.

A stark about-face
The Trade Desk's first-quarter results went a long way in assuring investors that the company's best days are still ahead. Revenue of $616 million grew 25% year over year, accelerating from 22% growth in Q4. The results were reflected in the bottom line, with adjusted earnings per share (EPS) of $0.33, representing an increase of 27%.

To give the numbers some context, analysts' consensus estimates were calling for revenue of $575.3 million and adjusted EPS of $0.25.

Helping drive the results was the increased adoption of The Trade Desk's artificial intelligence (AI)-infused Kokai platform. The new, advanced media buying platform features enhanced decision-making and ad campaign measurement tools. Kokai can access more than 13 million advertising impressions every second, helping distill the complexity of those choices into actionable intelligence within milliseconds. The Trade Desk says the platform helps "advertisers buy the right ad impressions, at the right price, to reach the target audience, at the best time.

The company stumbled in the fourth quarter as it faced logistical issues transitioning existing customers from its legacy Solimar platform to Kokai. The Trade Desk immediately embarked on a reorganization to make the company more nimble, while better positioning it to capture emerging opportunities, including connected TV (CTV), retail media, and audio.

"We're encouraged by the early impact of the strategic upgrades at the company we implemented in Q4, which contributed to our outperformance," said co-founder and CEO Jeff Green. "As we build on this momentum, we're optimistic about our ability to continue to outpace the market and deliver increasing value to marketers who prioritize objective, transparent, and data-driven media buying on the open internet."

The Trade Desk also cited its strong customer retention, which remained above 95% during the quarter, a track record that goes back 11 consecutive years.

What the future holds
Some investors were justifiably concerned after The Trade Desk's precipitous fall from grace, but its rapid recovery bodes well for the future. Furthermore, the tone of management's commentary and its outlook suggest the best is yet to come.

For the second quarter, The Trade Desk is guiding for revenue of at least $682 million, which would represent growth of about 17% year over year. It's worth noting that management has a tendency to issue conservative guidance. Its track record (with that one notable exception) shows the results are typically higher.

The Trade Desk stock is currently selling for 34 times forward earnings. While that's something of a premium, the average multiple over the past three years has been closer to 55, so the stock is trading at a significant discount to its historical price.

Don't expect that bargain to last for long. In the wake of its blockbuster financial report, investors have bid the stock up more than 11% in after-hours trading.

Trade Desk beats first-quarter results estimates on strong demand for ad tech
16:41:17 PM ET, 05/08/2025 - Reuters
(Adds details throughout)

May 8 (Reuters) - The Trade Desk on Thursday posted first-quarter revenue and profit above analysts' estimates, aided by strong demand for automated ad-buying technologies, sending it shares up 14% in extended trading.

The ad firm's strong results come at a time when businesses are reducing marketing spend amid prevailing recession fears and uncertain economy.

The ad-buying platform offers advertisers access to a vast network of publishers and media partners across industries, allowing them to precisely target their ad campaigns.

The Trade Desk is building support for its advertising identifier, Unified ID 2.0 (UID2), which it says is more privacy focused and an upgrade and alternative to third-party cookies.

Revenue for the first quarter grew 25% to $616 million, beating estimates of $584 million, according to data compiled by LSEG.

On an adjusted basis, the company earned 33 cents per share for the quarter, above estimates of 25 cents.

Trade Desk, which has partnerships with retailers such as Walmart, forecast second-quarter revenue of at least $682 million, slightly below analysts' average estimate of $683.2 million. (Reporting by Kritika Lamba in Bengaluru; Editing by Leroy Leo)

What happened?

Trump suspended Tariffs today for 90 Days for all countries except China. Market is rocketing over this.
TTD going back to $100. IMHO.
Load em up baby!
GLTA

TTD ... How much tariff will be levied
on desks and chairs 🪑?? If I want to trade my L shaped desk with my neighbor's executive desk for 4 days, can the Trade Desk assist in that transaction?? Will they have to dismantle the desks before trading them?? How exactly does The Trade Desk trade desks ??

TTD

curr. pps 59.34

We have to be close to a bottom. It could take a while to start to gain traction back up. Seems like here would be a decent chance to get in or average down.

Seems like the RSI is rising too slowly right now. Maybe some time next week but if I see volume I'll probably jump on.

What's your opinion on the liklihood of a dead-cat bounce tomorrow?

Fairpoint. Her ETF has been iffy for me for a while but I do try to track the activity to see where things go.

You are not alone, a lot of people feel that way. LOL

But she already owns a pretty large position in TTD, and has for a while, from what I can tell.

So she wouldn't be buying in, right? She would be adding.

Which she should if she truly has conviction. If she sells more on this drop that would have a different reason.

Cathie Woods buying in is typically NOT a good sign in my eyes... I feel like ARK is usually a little too early or too late..... but I am bullish on TTD

Seems pretty over reactive and makes you wonder what else is going on, doesn't it?

It's down 35 bucks in pre trade? From 122 to 86

I don't own TTD, but I do keep an eye on it. I'll be curious if Cathie Wood will buy more in her ARK funds.

When it opens this basic chart is going to look a lot different





and a gap from August is going to fill. Which is nuts. Thats a hefty drop in one moment.

The Trade Desk Inc (TTD) Q4 2024 Earnings Call Highlights: Record Revenue and Strategic Shifts ...
GuruFocus News
Thu, February 13, 2025 at 12:18 AM MST 4 min read

https://finance.yahoo.com/news/trade-desk-inc-ttd-q4-071832087.html

Total Spend on Platform: Exceeded $12 billion for 2024.

Annual Revenue: Surpassed $2.4 billion, a 26% year-over-year increase.

Adjusted EBITDA: Over $1 billion for the year.

Free Cash Flow: More than $600 million for the year.

Q4 Revenue: $741 million, a 22% year-over-year increase.

Q4 Adjusted EBITDA: $350 million, representing a 47% margin.

Q4 Operating Expenses: $416 million, up 23% from the previous year.

Adjusted Net Income for Q4: $297 million or $0.59 per fully diluted share.

Net Cash Provided by Operating Activities in Q4: $199 million.

Free Cash Flow in Q4: $177 million.

Cash and Liquidity Position: Approximately $1.9 billion in cash, cash equivalents, and short-term investments at year-end.

Share Repurchase: $57 million of Class A common stock repurchased in Q4.

Q1 2025 Revenue Outlook: At least $575 million, reflecting 17% year-over-year growth.

Q1 2025 Adjusted EBITDA Estimate: Approximately $145 million.



Release Date: February 12, 2025

For the complete transcript of the earnings call, please refer to the full earnings call transcript.

Positive Points

The Trade Desk Inc (NASDAQ:TTD) achieved a record-breaking year in 2024 with total spend on their platform exceeding $12 billion and revenue surpassing $2.4 billion, marking a 26% year-over-year growth.

The company generated over $1 billion in adjusted EBITDA and delivered more than $600 million in free cash flow, highlighting the strength of their platform.

The Trade Desk Inc (NASDAQ:TTD) has made significant structural changes, including the largest reorganization in company history, to improve clarity in roles and responsibilities and streamline client-facing teams.

The company is focusing on expanding brand direct relationships, which are growing 50% faster than the rest of their business, and increasing resource allocation on brands.

The Trade Desk Inc (NASDAQ:TTD) is investing heavily in AI to enhance targeting, optimization, forecasting, and identity measurement, positioning them for future growth.

Negative Points

For the first time in 33 quarters, The Trade Desk Inc (NASDAQ:TTD) fell short of their own expectations, missing their guidance due to a series of small execution missteps.

The company experienced slower than anticipated rollout of their Kokai platform, impacting short-term performance.

There were challenges in the fourth quarter due to a polarized political environment and lower GDP, which affected advertising budgets.

The Trade Desk Inc (NASDAQ:TTD) anticipates a modest increase in the growth rate of operating expenses in 2025, which may lead to some margin compression.

The company faces competition from major players like Amazon, which is aggressively improving its DSP and expanding Prime Video ads, posing a competitive threat.

Q & A Highlights

Q: Jeff, what went wrong in the fourth quarter where you came in below expectations?
A: Jeffrey Green, CEO: We missed our own expectations due to a series of small execution missteps while preparing for the future. It wasn't due to a smaller opportunity or increased competition. We are recalibrating the company to address a larger opportunity faster than anticipated. We've made structural changes, including a major reorganization, agile product development, and clearer roles for client-facing teams to ensure this doesn't become a pattern.

Q: Can you elaborate on the factors that contributed to the Q4 shortfall and how they differ from industry trends?
A: Jeffrey Green, CEO: In 2022, we outperformed despite macro challenges. This time, we had internal execution issues, including a slower Kokai rollout, which was partly deliberate to inject AI and improve long-term performance. The political environment and economic factors weren't ideal, but we've navigated similar conditions before. The changes we're making are aimed at capturing a larger market share.

Q: How do you view the company's potential to sustain a 20%-plus compound growth rate over the next several years?
A: Jeffrey Green, CEO: We need to focus on making the open Internet better than walled gardens, leveraging our access to premium media. Our supply chain improvements and focus on scale, objectivity, and CTV growth are key. We believe we can reaccelerate growth by addressing these areas and capturing opportunities left by Google and Facebook's shift away from the open Internet.

Q: What are your thoughts on Google's potential exit from the open Internet and its impact on The Trade Desk? A: Jeffrey Green, CEO: Google's network business has been deprioritized, and I believe they will eventually exit the open Internet, creating a significant opportunity for us. This shift could happen abruptly or gradually, but we are positioning ourselves to capture the opportunity. Google's exit would remove a major hindrance to an effective supply chain, benefiting us and the open Internet.

Q: Can you discuss the role of OpenPath and the Sincera acquisition in your strategy?
A: Jeffrey Green, CEO: OpenPath allows major content owners to integrate directly with us, bypassing SSPs. This is financially beneficial for them and aligns with their desire for yield control. The Sincera acquisition will enhance supply chain visibility and efficiency, ensuring we buy inventory from those who describe it best. We expect 2025 to be a pivotal year for OpenPath's growth.

What the hell happened today. That miss was catastrophic!

TTD new 52 week high

TTD new 52 week high

TTD new 52 week high

TTD new 52 week high

WOOOW 6K BUY PLUS FEW 3K AND BUNCE 1K BUYS JUST IN LAST HOUR $$$$$$$$$$

It figures the market is down the day after they report

The strike in the auto industry took them down last Quarter hopefully they have resolved their dependence

$606m massive revs!

sold all my share- had more of a loss than a gain-- GOOD BYE- Good luck to all.. already made up for the loss on OTC plays. Specifically ZHUD and BLFR- Both will go MUCH HIGHER.

moving up

The problem was they forecast 18% revenue in 2024 versus the streets 24% I believe

SMH- yes- may pick up some tomorrow- revs UP 25%- could not believe the dip. MASSIVE sell after the close

That has to be a knee jerk reaction.
Over sold, buy buy buy.

52.74 low AH