The Trade Desk (TTD) Stock on Dec. 22, 2025: Nasdaq-100 Exit, Fresh Layoffs, and Wall Street Forecasts for 2026

The Trade Desk (TTD) Stock on Dec. 22, 2025: Nasdaq-100 Exit, Fresh Layoffs, and Wall Street Forecasts for 2026

LOS ANGELES / NEW YORK — Dec. 22, 2025 — The Trade Desk, Inc. (NASDAQ: TTD) is starting the Christmas-shortened trading week with two headline catalysts that can move a stock even when business fundamentals haven’t changed overnight: a Nasdaq-100 removal that becomes effective today, and renewed scrutiny of the company’s operating structure after it trimmed staff by less than 1%.

In Monday afternoon trading, TTD shares were around $37.40, modestly higher on the day.

Below is what’s driving The Trade Desk stock right now, what recent financial results say about the company’s momentum, and how current analyst forecasts and price targets frame the 2026 debate.


Why The Trade Desk stock is in focus today: Nasdaq-100 reconstitution goes live

The single biggest mechanical event affecting TTD today is index flow.

Nasdaq’s annual reconstitution results call for six companies to be removed from the Nasdaq-100, including The Trade Desk (TTD), with the change taking effect prior to market open on Monday, Dec. 22, 2025. [1]

That matters because the Nasdaq-100 doesn’t just sit on a screen—Nasdaq says the index underpins 200+ tracking products with more than $600 billion in assets under management globally, including the Invesco QQQ Trust (QQQ). [2]

What this can mean for TTD shares this week

When a stock is removed from a major index, the immediate impact is often flow-driven:

  • Some passive and quasi-passive strategies that track (or closely hug) the Nasdaq-100 may need to reduce or exit positions.
  • That selling can show up around the effective date and nearby rebalancing windows.
  • The effect can be amplified in a holiday week when liquidity is typically thinner.

Just as important: index removals are frequently short-term technical events, not a direct verdict on a company’s product or customer demand. But in a year where sentiment on ad-tech has already been fragile, the optics can add pressure.


Today’s other big headline: The Trade Desk trims staff as competition and AI reshape priorities

A second fresh narrative around TTD is operational: workforce actions and organizational tuning.

EMARKETER reports that The Trade Desk is cutting fewer than 1% of its roughly 3,900 employees, citing company statements. The report notes the company did not specify which departments were impacted, and frames the move amid intensified competition—especially from Amazon—and a broader shift toward AI-driven priorities centered on Kokai. [3]

Industry trade publication AdExchanger also reported the layoffs at less than 1% of headcount and placed them in the context of last year’s major reorganization. [4]

Why investors care—even if the cuts are small

The layoffs themselves are not large. The market focus is more about what they might signal:

  • Competitive pressure: EMARKETER describes agencies reporting more negotiable pricing and service concessions as Amazon DSP gains ground—an important point because fee discipline has historically been part of TTD’s premium narrative. [5]
  • Execution and leadership churn: AdExchanger has also highlighted notable leadership changes, including the departure of longtime engineering leader Jud Spencer (last day Nov. 21) and tensions in the ad-tech ecosystem related to identifiers and auction infrastructure. [6]
  • Strategic recalibration: The market tends to reward cost cuts when they clearly lift margins—or punish them when they look reactive.

In short: today’s staffing story is being read less as “cost savings” and more as a temperature check on competitive positioning.


The Trade Desk’s latest financial picture: Growth is still there, but expectations changed in 2025

Even after a brutal year for the stock price, The Trade Desk’s reported fundamentals remain profitable and cash-generative.

Q3 2025 results (reported Nov. 6, 2025)

In its third-quarter report, The Trade Desk said it delivered:

  • Revenue: $739 million (up 18% year over year)
  • Net income: $116 million
  • Adjusted EBITDA: $317 million (about a 43% margin)
  • Customer retention: over 95% (continuing a long-running streak) [7]

The company also issued Q4 2025 guidance of revenue at least $840 million and adjusted EBITDA of approximately $375 million. [8]

Q2 and Q1 2025 show the deceleration trend

Earlier in 2025, The Trade Desk reported:

  • Q1 revenue: $616 million (up 25% year over year) [9]
  • Q2 revenue: $694 million (up 19% year over year) [10]

That sequence—25% → 19% → 18%—helps explain why investors have been debating whether TTD is still a “premium growth” name or a maturing platform facing tougher competition.

Balance sheet and buybacks

TTD’s Q3 balance sheet shows cash and cash equivalents of $653.1 million and short‑term investments of $792.3 million (roughly $1.45 billion combined), alongside operating lease liabilities but no line item for long‑term debt on the condensed balance sheet. [11]

On capital returns, the company said it repurchased $310 million of stock in Q3 and announced an additional $500 million repurchase authorization. [12]


Product and platform strategy: Kokai, identity, retail media, and “OpenAds”

A core part of the long-term bull case is that The Trade Desk remains a leading independent demand-side platform (DSP) benefiting from structural shifts in ad buying:

  • Connected TV (CTV) becoming more “biddable” and performance-oriented
  • Retail media expanding beyond closed ecosystems
  • A continued push for identity and measurement solutions as privacy rules tighten

Kokai adoption and performance claims

Zacks commentary published on Nasdaq.com describes The Trade Desk as having strong financial capacity to keep investing and notes that 85% of clients use Kokai as their default experience, alongside performance comparisons (lower cost per acquisition and higher click-through rates versus Solimar). [13]

“Audience Unlimited” and data marketplace upgrades

In its Q3 release, The Trade Desk positioned Audience Unlimited as a major upgrade to its third‑party data marketplace and highlighted new product and partnership announcements. [14]

Trade coverage in late September described AI-driven enhancements tied to these marketplace changes, with select-agency availability in late 2025 and broader rollout planned for early 2026. [15]

OpenAds and industry friction

EMARKETER explicitly mentions scrutiny around reseller accountability and the rollout of the company’s prebid-wrapper fork, OpenAds, arguing operational clarity is becoming more important. [16]
AdExchanger has provided additional context on the ecosystem dispute over transaction IDs and the backdrop in which OpenAds emerged. [17]

For investors, OpenAds is a double-edged narrative:

  • Positive: transparency tooling can strengthen the “open internet” thesis.
  • Risk: industry conflict can complicate adoption or partnerships.

How we got here: A “bad tape” year for TTD—and what changed the story

It’s difficult to discuss The Trade Desk stock today without acknowledging why it’s so sensitive to technical catalysts like an index removal: sentiment has been weak for months.

Key moments widely cited by investors include:

  • Macro and advertiser caution: In August, Reuters reported TTD shares tumbling after CEO Jeff Green warned that tariff uncertainty was pressuring large brand advertisers and campaign launches—an important point because large global brands are a core TTD customer base. [18]
  • Street skepticism on growth durability: Barron’s covered Morgan Stanley’s downgrade earlier in 2025, highlighting concerns about slowing momentum (including in connected TV) and intensifying competition from Amazon, as well as debate about take rates and open-web pressures. [19]
  • Index dynamics cut both ways: Earlier in 2025, Investopedia noted The Trade Desk’s addition to the S&P 500—an event that can bring forced buying by index funds. That history matters now because it underscores how much index membership can influence near-term trading flows. [20]

The result is a stock that, in late 2025, can move sharply on positioning and narrative shifts, even when quarterly revenue growth remains positive.


Wall Street forecasts and price targets as of Dec. 22, 2025

Analyst targets for TTD remain unusually wide—reflecting real disagreement about whether 2025’s drawdown is an overreaction or a fair repricing.

Consensus view: “Moderate Buy,” but huge dispersion

MarketBeat’s page updated 12/22/2025 shows:

  • 36 analysts
  • Consensus rating: Moderate Buy
  • Average 12‑month price target: $76.56
  • Range: $40 (low) to $155 (high) [21]

Benzinga’s analyst summary likewise reflects a wide range and notes the lowest target of $40 (Jefferies, Dec. 11, 2025) and a $155 high target (Wolfe Research, Jan. 3, 2025). [22]

Recent notable rating changes (late 2025)

  • Benchmark upgrade to Buy with a $65 price target (Nov. 7, 2025), citing improving growth comparisons excluding political spend. [23]
  • Wedbush reiterated Neutral and cut price target from $50 to $40 (Dec. 8, 2025) (per Finviz’s compiled analyst action table). [24]

Valuation framing from current research

A Zacks comparison piece carried by TradingView/Nasdaq argues that, on forward P/E, TTD screens cheaper than some peers—while still flagging competitive and regulatory risks—and assigns TTD a Zacks Rank #3 (Hold) versus Amazon at #2 (Buy). [25]


The bull case for The Trade Desk stock heading into 2026

Investors who believe TTD can rebound generally center their thesis on five points:

  1. CTV remains a structural tailwind
    Research commentary continues to emphasize CTV’s shift toward biddable, decisioned buying and The Trade Desk’s position across major streaming and device partners. [26]
  2. Kokai is gaining traction
    If Kokai continues to show measurable performance improvements, it supports retention and budget expansion even in a tougher ad market. [27]
  3. Profitability and cash generation provide resilience
    Q3’s 43% adjusted EBITDA margin and continued buybacks give TTD more flexibility than smaller ad-tech peers. [28]
  4. International expansion runway
    Zacks commentary notes management’s view that a large share of total addressable market sits outside the U.S.—a long-term growth lever if execution improves. [29]
  5. Today’s Nasdaq-100 exit is technical, not fundamental
    If index-driven selling is the main pressure point, bulls expect the impact to fade once rebalancing completes.

The bear case: Competition, pricing pressure, and open-internet headwinds

Skeptics focus less on whether The Trade Desk is a good platform and more on whether its economics and growth rate can remain structurally superior:

  1. Amazon is no longer “adjacent”—it’s direct
    Multiple recent analyses explicitly frame Amazon DSP as a central threat, given Amazon’s first-party signals and expanding CTV footprint. [30]
  2. Pricing and take-rate pressure could intensify
    EMARKETER’s reporting about negotiable fees and “sweeteners” is notable because it suggests buyers may have more leverage than before. [31]
  3. Leadership turnover and org changes can create execution risk
    Management changes and repeated reorganizations can distract sales execution and product delivery—especially in a market moving fast. [32]
  4. Macro sensitivity (especially to large brands)
    Reuters’ August report underscored that TTD’s exposure to large global advertisers can make it more sensitive to macro shocks and policy uncertainty. [33]
  5. Industry politics and tooling disputes
    OpenAds and transaction-ID debates can become strategic distractions if they complicate partnerships or slow adoption. [34]

What to watch next: Key catalysts after Dec. 22, 2025

For readers tracking TTD stock into early 2026, these are the practical signposts likely to matter most:

  • Post-reconstitution trading: Does volatility fade once the Nasdaq-100 change is absorbed? [35]
  • Q4 2025 results vs. guidance: The company guided to at least $840M revenue and ~$375M adjusted EBITDA for Q4. Any deviation could reset sentiment quickly. [36]
  • Signals on pricing: Are fee concessions isolated—or becoming a broader market reality? [37]
  • Kokai and marketplace rollouts: Wider availability of AI-driven targeting/data tools in early 2026 could strengthen the “product cycle” narrative if performance holds. [38]
  • Competitive datapoints: Any evidence of budget migration toward Amazon DSP or other platforms will be watched closely given the market’s sensitivity to share-loss fears. [39]

Bottom line

As of Dec. 22, 2025, The Trade Desk stock is trading in a zone where technical factors (Nasdaq-100 removal) and narrative factors (small layoffs, competitive pressure, AI platform execution) can dominate day-to-day price action.

Underneath the noise, TTD is still reporting double-digit revenue growth, strong profitability, sizable liquidity, and ongoing buybacks—yet the market is demanding proof that growth durability and pricing power can hold in a world where Amazon’s advertising stack is increasingly full-funnel and aggressive.

That tension—strong operating metrics vs. reduced investor confidence—is exactly why analyst price targets are so widely dispersed going into 2026. [40]

This article is for informational purposes only and is not investment advice.

ChatGPT can make mistakes. Check important info.

Trade Desk stock analysis

· 12m 7s

Pro thinking

Gathering SEO-optimized article content on The Trade Desk

So, I need to write a detailed, engaging SEO-optimized article on The Trade Desk stock, covering news, forecasts, and analyses from December 22, 2025. I’ll gather the latest data, like news articles and updates, ensuring there’s no chart or image, and cite factual claims. I’ll focus on important events, price movement, and anything relevant happening today.

Focusing on price and disclaiming intraday changes

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Searching for Dec 22, 2025 news and forecasts

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Searching news and forecasts for The Trade Desk

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We have some sources, but not many directly about The Trade Desk. There’s a recent article on staff cuts, a piece mentioning TTD’s drop, and another comparing TTD to Amazon. I’ll refine my search for December 22, 2025, focusing on layoffs, stock ratings, and other relevant news. Let’s dive further.

Searching for recent Trade Desk news and updates

Checking authoritative news sources for TTD update

We found a few new sources, like a Zacks article and eMarketer piece, both from today. There’s also some mention of TTD’s performance and potential Nasdaq-100 removal. I’ll check the Nasdaq press release for any updates on TTD’s status and confirm if they were removed from the index on Dec 22, 2025.

Finding alternate sources for Nasdaq-100 changes

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Searching for Nasdaq-100 2025 changes and press releases

Crafting a December 22, 2025 article on TTD and news

We’ve gathered essential data for today. TTD stock is down around 66-70%, trading at $37 with a $18B market cap. I’m including intraday highs and volume info based on the finance tool, and citing Reuters and Nasdaq.com for the Nasdaq-100 reconstitution and company additions/removals.

Current news and analysis on TTD (Dec 22, 2025)

We’ll cite Reuters and Nasdaq.com. TTD updates: layoffs on Dec 17 affected less than 1% of the 3,900 employees, but there’s news through Dec 22. We’ll include coverage from eMarketer, AdExchanger, and Adweek as ongoing discussion. Analysis from Zacks compares TTD and AMZN, available Dec 22.

Opening Zacks article for context

The Zacks article mentions Amazon’s ad business generating $17.6B; we need more details to ensure accuracy. I’ll open

Crafting article on The Trade Desk, Nasdaq Reconstitution, and more

Citing with forecast details

We’ve gathered key data from TradingView, replicating Zacks’ content, covering retention, CTV, partnerships, and cash flow. Plus, we’ll pull analysis from MarketBeat, StockAnalysis, Yahoo Finance, and MarketWatch for forecasts and price targets. We need disclaimers for third-party data usage but can confidently cite these sources, including eMarketer for layoff details.

Incorporating Q3 results and merchant news

I’ll mention The Trade Desk’s recent Q3 2025 results (released Nov 6). While I can reference general details like revenue and EPS, I need to ensure these are publicly available figures. I’ll cite Nasdaq and MarketBeat for context on Kokai performance and broader digital ad trends.

Clarifying The Trade Desk’s 2025 decline measurement

There’s some inconsistency in the reported year-to-date decline for The Trade Desk, with estimates ranging from 66% to 70%. I’ll be careful and phrase it as “down roughly 66-70%.” I’ll check reliable sources like Yahoo Finance or Barron’s to confirm and compute the precise figure.

Clarifying connections to Nasdaq-100 and TTD’s decline

The Trade Desk is on Barron’s list of worst stocks of 2025, but it’s not specific. Marketminute says it’s down by 66%. I’ll cite both. As for Nasdaq-100’s reconstitution, I can mention TTD’s removal and its impact on volatility; I’ll reference sources like Reuters, Nasdaq press releases, and RTTNews.

Confirming details about Nasdaq press release and sources

I’ll check Reuters to see if they mention the $600B or if other sources do. I’ll rely on Nasdaq press

Gathering financial and performance data from multiple sources

Searching for Dec 22 news on TTD and related events

I need more on The Trade Desk’s December 22 news—like index removal or staff cuts. AI and programmatic advertising issues may be relevant, specifically TTD’s OpenAds wrapper, though it’s earlier news. I’ll check The Trade Desk’s press releases and investor event calendars for any details or updates.

Checking for upcoming earnings and events for TTD

I should check the company’s investor relations site for its event and earnings schedule. It likely has details like the last Q3 2025 results and the upcoming Q4 date, possibly February 2026. I’ll also search for confirmation by looking up “Trade Desk earnings date February 2026.”

Searching for Trade Desk Q4 2025 earnings date

Searching for Trade Desk news from December 22, 2025

I need to look up news about The Trade Desk that was published on December 22, 2025. This includes articles from eMarketer, Zacks, TradingView, Marketminute, or any other source that mentions TTD. I’ll search for terms like “The Trade Desk December 22, 2025” and “TTD Dec 22, 2025” to find relevant results.

Searching for news and analysis on The Trade Desk

Crafting response based on December 22, 2025 news

I need to focus on Dec 22, 2025 news about The Trade Desk. Key points: layoffs covered by eMarketer, Zacks comparison, Marketminute commentary, and possibly Investing.com technical analysis. I’ll note TTD’s removal from the Nasdaq-100 before market open, using the Reuters and Nasdaq press release. I’ll also include analyst forecasts and technical indicators while disclaiming that it’s not financial advice. Need to keep the article timely and in news style, suitable for Google News and Discover.

Finalizing SEO and structure for article

The article needs to be SEO-optimized, using keywords like “The Trade Desk (TTD) stock,” “TTD stock price,” and others. I’ll avoid meta descriptions and images, but I can still use bullet lists and clear subheadings, as Google News prefers. I’ll cover various perspectives, including bullish and bearish, along with risks. Citations will be included in-text with reference IDs. Word count should be 1200-1800 words, ensuring it’s detailed and engaging, with risks like competition and privacy concerns highlighted throughout.

Refining citation usage and gathering analysis

I need to make sure citations aren’t bold, inside tables, or code fences, and are placed outside any emphasis. The user is requesting news from December 22, 2025, so I should focus on sources updated by that date. I’ll cross-check forecast pages like MarketBeat to confirm numbers, including price targets and analyst estimates, ensuring accuracy.

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Mentioning Q3 2025 results and including catalysts

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Compiling Current News, Forecasts, and Analyses for TTD

Exploring alternative options for Q3 results and guidance

The company’s investor relations page is loading dynamic content, which complicates fetching the details. I could try using a click pattern or rely on SEC filings. However, given the challenges, I might just use other sources like Quartr, even though it’s an aggregator, to gather Q3 results and guidance instead.

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To give accurate information, I can mention the Q4 guidance of at least $840M revenue and adjusted EBITDA of $375M. However, I’d need to verify these figures by checking official sources like the earnings transcript or press releases, especially since Quartr and analysts might have slightly different estimates.

Searching for The Trade Desk Q4 2025 guidance

Confirming official guidance

I’ve found the official page for The Trade Desk’s Q3 2025 Financial Results, which contains guidance information. This is perfect! I’ll open it to confirm the guidance and other details to make sure everything is accurate before including it in the response.

Opening official page for Q3 2025 financial results

Using official financial details and forecasts

Great, I’ve got the official press release with financial details for the quarter. I’ll use that as our primary source. Now I need to check MarketBeat for their full forecasts and other relevant details. I’ll open their forecast page to confirm everything and ensure accuracy before including it.

Browsing MarketBeat for financial forecasts

Exploring alternatives after MarketWatch issue

Looks like the MarketWatch page didn’t open—maybe due to a paywall or an internal error. However, we did find a snippet earlier with price info and the last update at 9:26 a.m. That might be enough for now. I’ll try opening the site without parameters to see if it works better.

Addressing MarketWatch restriction and crafting article

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Summarizing stock info and forecasts

For the user’s request on news, forecasts, and updates from December 22, 2025, I’ll mention TTD trading around $37-$38 as of that date, pulling data from StockAnalysis and finance tools. I’ll also discuss volume, Nasdaq-100 removal, potential selling pressure, and year-end factors like tax-loss selling based on relevant sources.

Outlining TTD’s financial and workforce updates

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Highlighting market growth and TTD’s forecasted performance

I’ll mention the digital advertising market’s expected 15.4% annual growth from 2025–2030, according to Grand View Research. I’ll also include technical indicators from Investing.com and TTD’s Q4 guidance, including revenue and EBITDA projections, and the new $500M share repurchase plan. I’ll cite sources accordingly.

Creating content for Google News and Discover

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Crafting SEO-Optimized Article for Google News

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I should explore the MarketBeat news page about The Trade Desk possibly receiving a Nasdaq reprimand for a rule violation. It might be relevant but isn’t quite about the broader market. I’ll check if that’s significant for the Dec 22 context, as I should present key info while staying on-topic.

Opening and examining MarketBeat news for December 22

Conserving web calls and planning next steps

I need to be cautious with web calls since we’ve already used several. I plan to open Yahoo’s analysis page to get target estimates, EPS, and revenue forecasts in full detail. I’ll also consider opening the eMarketer article and maybe check Reuters for company updates. We have a few calls left.

Finalizing sources for article crafting

The Substack article might not be necessary; we have enough from other sources. Since the forecast might need more quotes, we’ll work with what’s available. For the trading price, I’ll pull data from finance tools, StockAnalysis, and Investing.com. Layoffs will come from eMarketer and other sources.

Finalizing sources for the article

I’ll note “approximately 39 jobs” from ppc.land and TrueUp, phrasing it as “reported to be around 39 roles.” Analyst forecasts can be pulled from StockAnalysis, MarketBeat, and Public.com. Other sources include official press releases, Zacks, and WSJ for the competitive landscape and technical analysis. The option chain isn’t necessary.

Finalizing the Dec 22, 2025 news for the article

To meet the user’s request, I’ll include news and forecast sources specifically from Dec 22, such as articles from eMarketer, Zacks, and Marketminute. Additionally, I’ll mention the Nasdaq-100 changes from Financial Express to provide context, noting that TTD is being removed. I’ll also incorporate Reuters’ mention of early market closure.

Crafting article structure and SEO title

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Ensuring SEO and citation standards in article structure

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Reviewing data sources and preparing article content

Before starting the article, I’ll review the financial data carefully. While we may not need to open the tool directly, I’ll check if we can access the relevant numbers from other sources like StockAnalysis, MarketWatch, or Investing.com. It’s crucial to get the most accurate info, especially for pricing and targets, before proceeding with the final draft.

Gathering data for TTD stock details

Let’s reference open, high, low, and close from StockAnalysis and Investing.com for the Dec. 22 TTD stock price, which shows a close around $37.39-$37.54. I’ll also mention the Nasdaq-100 removal and staff cuts, citing sources like MondoVisione and eMarketer for accurate details on price, index changes, and layoffs.

Compiling staff cuts, financials, and analysis

I’ll mention the 39 staff job cuts from ppc.land and TrueUp, citing those sources. I’ll also include the latest quarterly fundamentals as outlined in the press release. Analyst targets will be cited from StockAnalysis and MarketBeat. Zacks/TradingView analysis will cover retention and financials, including Kokai improvements. Technical analysis from Investing.com shows a “Strong Sell.” For the market growth, the digital ad market CAGR of 15.4% is important, and I’ll make sure to cite the correct articles. I’ll finish by including the key articles from today, Dec 22, following the user’s request.

Crafting article with relevant sources and UI elements

I’ll draft an article starting with an SEO title, followed by the first paragraph and subheads. While TS2 might be mentioned, I prefer not to rely too much on it due to its quality. I’ll include a navigation list of relevant news sources, focusing only on actual news sources like Reuters, Financial Times, and Barron’s.

Evaluating news sources for the Trade Desk article

I’m reviewing the news sources to include for the user, based on their request for Dec 22 updates. Some sources are too old or irrelevant. I’ll try to search Reuters for recent updates on Trade Desk to find something useful, keeping in mind the call limit. I’ll skip UI elements unless absolutely necessary.

Finding current news and analysis for TTD

Finalizing Trade Desk sources for the article

We have gathered relevant sources like Nasdaq’s IR press release, MarketWatch’s price and analyst snippets, and Adweek’s report on staff cuts. Since we don’t have further tool calls, we’ll use the available snippets. The MarketWatch analysis includes key ratings and distribution, although we lack the average target.

Reviewing relevance of sources for navlist

We have the official Nasdaq IR press release and a MondoVisione article about AUM. These sources are useful for citation. Although there are several potential sources for a navlist, like Reuters and FT, many aren’t directly relevant to the user’s query. Therefore, a navlist may not be particularly helpful in this case.

Deciding on sources and article structure

I’m thinking of including Reuters on Nasdaq changes but skipping the broader market news since it’s not directly relevant. I’d like to avoid using a navlist unless it greatly adds value. I’ll focus on Nasdaq-100 deletions, small layoffs, and The Trade Desk’s S&P 500 inclusion for the article.

Finalizing article details and structure

I’ll mention The Trade Desk’s S&P 500 inclusion and July 18 surge, citing the Investing.com article. For tax-loss selling, I’ll refer to a Marketminute article, not Barron’s since TTD isn’t on their list. I’ll ensure the article is detailed, engaging, and focuses on The Trade Desk’s cloud-based platform.

Finalizing article content and calculations

I’ll mention The Trade Desk’s function as a DSP and cite background from the company’s 10-K or investor site. For numbers, we’ll compute the decline from its 52-week high (127.59) to current price (37.34), about a 70.7% drop, using credible sources for the data. Citations will follow.

Computing stock price decline from 52-week high

high=127.59
current=37.34
decline=(high-current)/high
decline

Analyzed

Thought for 12m 6s

Done

Sources · 168

References

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  • SMCI Stock Near-Term Outlook: Modest Downside Amid AI Demand Slump
    December 22, 2025, 4:22 PM EST. Super Micro Computer's shares have cooled after a rapid run, with scrutiny over accounting and delayed filings stirring delisting fears. A short-term AI price model pegged SMCI near $30.75, implying a slightly lower path over the next month from the Dec. 17-Dec. 31 window. Technical signals, including MACD and RSI, point to continued weakness in the near term. The model's broader view shows a potential long-run climb to about $176 by 2030, contingent on sustained AI server demand. The primary caution remains margin pressure and a shrinking gross margin as competition from larger peers and Asian rivals intensifies. A backlog remains, but revenue growth momentum and pricing power are under question, weighing on the stock's near-term upside.
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