The Trade Desk (TTD) Slipped on Cautious Guidance

Core Insights - Columbia Threadneedle Investments reported strong market performance in Q3 2025, with a composite return of 12.06%, slightly below the S&P Global 1200 Information Technology Index's return of 12.82% [1] - The fund's positive stock selection contributed to its relative performance during the quarter [1] Company Analysis: The Trade Desk, Inc. (NASDAQ:TTD) - The Trade Desk, Inc. experienced a one-month return of -5.38% and a significant 57.49% decline in share value over the past 52 weeks, closing at $50.28 with a market capitalization of $24.584 billion on October 31, 2025 [2] - Challenges faced by The Trade Desk included cautious guidance, tariff impacts on large-brand spending, rising competition from Amazon, and the departure of the CFO [3] - The company's Kokai AI platform now powers 75% of client spending, with connected TV being the fastest-growing channel, accounting for nearly half of total spending [3] Hedge Fund Interest - The Trade Desk, Inc. was held by 60 hedge fund portfolios at the end of Q2 2025, a slight decrease from 61 in the previous quarter [4] - While The Trade Desk is recognized for its potential, certain AI stocks are viewed as having greater upside potential and lower downside risk [4]