Investors still can find stock market bargains in tech if they know where to look.As market observers know, the Nasdaq Composite index and the S&P 500 index are hovering at or near all-time highs. While that is typically good news for investors, it can also mean that buying opportunities for stocks in these benchmark indexes have largely disappeared, a situation that may force investors to pay premium prices for stocks they are interested in.Fortunately, there are still some tech stocks that have either not ...

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Trade Desk (TTD) To Contact Him Directly To Discuss Their Options If you are a long-term stockholder in Trade Desk between May 9, 2024 to February 12, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. NEW YORK, Oct. 08, 2025 (GLOBE NEWSWIRE) -- What’s Happening: Bragar Eagel & Squire, P.C., a nationally rec ...

Core Viewpoint - The Trade Desk is a strong business in the advertising industry but is not currently a compelling investment due to competitive pressures, execution challenges, and high valuation [2][14]. Group 1: Business Performance - The Trade Desk has a history of consistent growth, having delivered over 30 consecutive quarters of revenue beats until late 2024, when it reported its first revenue miss in over eight years [3][4]. - In Q2 2025, revenue increased by 19% year over year, indicating resilience in a challenging advertising market [4]. - Customer retention remains above 95%, and advertisers are increasing their use of The Trade Desk's platform, supported by innovations like Kokai that enhance campaign effectiveness [5][4]. Group 2: Competitive Landscape - The advertising ecosystem is rapidly changing, with Amazon emerging as a significant threat, boasting over $50 billion in annual advertising revenue and a partnership with Netflix that enhances its CTV inventory access [8]. - Competitors like Alphabet and Meta dominate the digital ad market, leveraging AI to improve targeting and ROI for advertisers, creating a challenging environment for The Trade Desk [9]. - The opportunity in CTV and retail media remains substantial, but The Trade Desk must prove its unique value proposition to maintain relevance [10]. Group 3: Valuation Concerns - The Trade Desk trades at approximately 60 times earnings and about 9 times sales, indicating a high valuation that assumes strong growth and competitive advantages [11]. - High multiples can be justified with consistent outperformance, but with reemerging execution risks and intensifying competition, the stock offers little margin for error [12]. - Investors may face modest returns if multiples compress, necessitating exceptional performance from The Trade Desk to justify current valuations [12]. Group 4: Future Considerations - Potential positive developments for The Trade Desk include demonstrating measurable improvements in campaign performance through Kokai and achieving a more attractive entry price that enhances the risk-reward profile [15].

In other words, an OEM (original equipment manufacturer) can ship a TV that boots into DirecTV's experience, but the advertising marketplace and measurement behind the scenes will run on Ventura. As Matthew Henick, senior vice president of Ventura TV OS, put it, "TV manufacturers deserve more choice in how they build their businesses," adding that the goal is a "more transparent and equitable ecosystem" for advertisers and publishers.DirecTV gives Ventura an on-ramp that consumers recognize. The partners pl ...

Core Viewpoint - Guggenheim has lowered its price target for The Trade Desk to $55.00 from $75.00 while maintaining a Buy rating, citing competitive headwinds and near-term uncertainty [1] Group 1: Competitive Landscape - Investor focus remains on macroeconomic conditions and competitive pressures, particularly from Amazon's demand-side platform [1] - Analysts noted that the narrative of Amazon gaining DSP market share could negatively impact sentiment until The Trade Desk shows revenue reacceleration, expected to begin in the second quarter of 2026 [2] Group 2: Company Strategy and Performance - The Trade Desk's management is targeting 100% adoption of its Kokai platform by year-end, up from over 70% in the second quarter [1] - Advertising demand trends are consistent with late second-quarter levels, although consumer packaged goods and auto brands are facing tariff-related pressures [2] Group 3: Future Outlook - Guggenheim forecasts growth driven by connected TV adoption, political advertising in 2026, and audio monetization [3] - The firm considers 2025 a transition year, supported by the Kokai rollout, headcount expansion, and new leadership hires [3]

Group 1 - The Trade Desk's stock has experienced a significant decline of 60% since the beginning of 2025, primarily due to disappointing earnings reports [1][4][5] - The company's position as a leading independent self-service platform for digital advertising provides a competitive edge over larger advertisers like Alphabet and Amazon [2][12] - Investor sentiment has turned overly pessimistic, influenced by the company's revenue growth deceleration and operational challenges with its AI platform, Kokai [2][6][10] Group 2 - In the first half of 2025, The Trade Desk reported revenue exceeding $1.3 billion, reflecting a 22% increase year-over-year, although this growth rate has slowed from 27% in the previous year [8][10] - Net income for the first half of the year reached $141 million, marking a 21% increase, despite rising costs and a higher income tax expense [9] - Analyst projections indicate a 17% revenue growth for both 2025 and 2026, suggesting that the company's guidance may be overly conservative [10][11] Group 3 - The Trade Desk's P/E ratio has decreased from 150 at the beginning of the year to 56, indicating a multiyear low and suggesting the stock may be entering value territory [11] - The stock is viewed as increasingly attractive for investment, particularly given the opportunities in the digital advertising market and the company's efforts to address competitive and operational concerns [12][13]

分组1: Nvidia and Intel Deal - Nvidia has signed a deal to take a $5 billion equity stake in Intel, co-developing custom products for data centers and personal computers [1][2] - Nvidia holds a 90% market share in GPUs but is not the leader in CPUs, which are dominated by Intel and AMD [2] - The deal aims to enhance communication between Nvidia's GPUs and Intel's CPUs through NVLink Fusion, allowing for faster data transfer [2] 分组2: Market Implications - The partnership is seen as a strategic move by Nvidia and Intel to counter AMD's market share in CPUs and GPUs [5] - Nvidia's investment represents a small fraction (0.1%) of its market cap, indicating that while significant, it may not drastically alter Nvidia's overall strategy [4] - There are potential regulatory challenges regarding the partnership, as it could be viewed as anti-competitive [4] 分组3: Quarterly Earnings Discussion - The discussion around quarterly earnings reports highlights their importance for early-stage companies to provide regular performance snapshots [7][8] - Some experts argue for a shift to semi-annual reporting to reduce compliance costs, although this may not significantly change short-term business focus [7][8] - Concerns exist that less frequent reporting could allow issues to fester longer, potentially harming investors [9] 分组4: Stocks on the Radar - The Trade Desk is being monitored due to its recent struggles despite a strong historical performance, with management addressing user concerns about its new AI platform [12] - General Motors is highlighted for its strong position in the EV market and aggressive stock buybacks, trading at a low PE ratio [14] - Celestica is noted for its role in the AI infrastructure boom, benefiting from increased demand for assembly and manufacturing services [15][16]

Core Insights - The Trade Desk (TTD) is well-positioned to capture growth opportunities in the advertising technology sector, particularly through its strong presence in CTV, retail media, digital audio, and data analytics [1] - The company's Joint Business Plans (JBPs) with global advertisers and agencies have reached record levels, indicating robust growth potential [2][10] Group 1: Joint Business Plans (JBPs) - JBPs are strategic agreements that define shared goals and responsibilities between partners, aimed at enhancing performance and mutual growth [2] - TTD is signing more multi-year JBPs than ever, with the number of active JBPs reaching a record high, leading to increased spending under these agreements [2][10] - Nearly 100 JBPs are currently in progress, many in late-stage development, showcasing a collaborative model with brands and their agencies [3] Group 2: Platform and Ecosystem Performance - TTD's platform, Kokai, powered by Koa AI, is delivering significant performance improvements, with clients experiencing over 20-point KPI enhancements [4] - OpenPath is enhancing supply chain efficiency, providing transparency to publishers and confidence to clients, resulting in substantial revenue gains [4] - The company emphasizes objectivity in ad tech, offering unbiased access to premium inventory, which is particularly beneficial for advertisers targeting live sports [4] Group 3: Competitive Landscape - The advertising technology market is competitive, with significant players like Google and Amazon, as well as independent companies such as Magnite and PubMatic [5] - Magnite is a leading supply-side platform (SSP) that has expanded through mergers and partnerships, including a notable collaboration with Netflix [6][7] - PubMatic is also an SSP, focusing on CTV and emerging revenue streams, with CTV now accounting for nearly 20% of its total revenues [8][9] Group 4: Financial Performance and Valuation - TTD's shares have declined by 57.7% over the past year, contrasting with the rise of the Zacks Internet -Services industry and S&P 500 composites [11] - The forward price/earnings ratio for TTD is 23.11X, which is lower than the industry average of 24.69 [12] - The Zacks Consensus Estimate for TTD's earnings for 2025 has decreased over the past 60 days, indicating potential challenges ahead [13]

Core Insights - Acxiom has launched 'True Intelligence,' a new measurement solution aimed at providing marketers with enhanced insights into the effectiveness of their digital and connected TV advertising [1] Group 1 - The 'True Intelligence' solution integrates Interpublic's Interact operating system, Acxiom's Real ID, and The Trade Desk's media buying platform, Kokai [1]

Core Viewpoint - The Trade Desk has experienced significant stock performance fluctuations, with a 352% increase from 2020 to 2024, but a 63% decline in 2025, making it the worst-performing stock in the S&P 500 [1][2]. Financial Performance - The Trade Desk reported Q2 2025 results and projected Q3 revenue of $717 million, reflecting a growth rate of only 14%, which is notably low compared to historical performance [4][11]. Product Development - The company launched an AI-powered platform called Kokai, touted as the most significant upgrade to date, yet investor expectations for growth have not been met, leading to disappointment [6][11]. Client Feedback and Adoption - CEO Jeff Green indicated that all clients are expected to use Kokai by year-end, but reports suggest that many clients prefer the older Solimar platform due to user-friendliness issues, causing some to explore alternative adtech options [8][10]. Competitive Landscape - The Trade Desk faces competitive pressures from Amazon's growing advertising business and other platforms like Yahoo!, which offers lower take rates, prompting some advertisers to switch [9][10]. User Interface Concerns - The issues appear to stem from user interface problems rather than technological shortcomings, with the company actively seeking client feedback to make rapid improvements to Kokai [12][13]. Future Outlook - The Trade Desk is expected to address its current challenges, and with its history of success, it is likely to regain the anticipated growth rate once improvements are made [14].