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- 🗞️ The Trade Desk Tanked 39%
🗞️ The Trade Desk Tanked 39%
TTD, MNST, CART, PINS, and more!
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Trade Desk's Nightmare Day Exposes Big Tech Ad Wars
The Trade Desk (TTD) just had its worst day ever, plummeting 39% after what should have been a decent earnings beat.
The real culprit? Amazon's growing stranglehold on digital advertising is making investors question whether independent ad-tech companies can survive.
Here's the brutal reality: Amazon grew ad sales by 23% to $15.7 billion last quarter, cementing its position as the third-largest digital ad platform behind Google and Meta.
But Amazon (AMZN) isn't content with just selling ads on its marketplace anymore. Their demand-side platform is now competing directly with Trade Desk for premium ad inventory across the open internet.
The timing couldn't be worse. Trade Desk's CFO departure and Trump's tariffs have created uncertainty over advertising budgets, spooking investors.
CEO Jeff Green tried to downplay Amazon's threat, arguing they're "conflicted" because they prioritize their own properties.
That's cold comfort when your stock is down 54% for the year.
Our Takeaway
This isn't just about Trade Desk, it's a warning shot for any ad-tech company trying to compete with Big Tech's infinite resources and data advantages.
Former Zillow exec targets $1.3T
The top companies target big markets. Like Nvidia growing ~200% in 2024 on AI’s $214B tailwind. That’s why the same VCs behind Uber and Venmo also backed Pacaso. Created by a former Zillow exec, Pacaso’s co-ownership tech transforms a $1.3 trillion market. With $110M+ in gross profit to date, Pacaso just reserved the Nasdaq ticker PCSO.
Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.
Market Overview
Stocks surged on Friday with the Nasdaq hitting a record close, capping off a stellar week driven by tech momentum.
The S&P 500 gained 2.4% for the week while the Nasdaq jumped 3.9%, marking one of the strongest weekly performances this year.
Apple emerged as the week's biggest winner, soaring 13% after announcing a massive $600 billion U.S. investment plan to appease President Trump.
The move comes as Trump's semiconductor tariff exemptions for companies "building in the United States" sent tech stocks higher.
Gold futures hit all-time highs near $3,534 amid tariff uncertainty, while Treasury yields remained elevated as investors digest the fiscal implications of Trump's trade policies.
The market's surprising resilience to tariff announcements suggests investors are betting on selective enforcement rather than broad economic disruption.
Stock Moves Deciphered 📈
Apple (AAPL)- The iPhone maker's 13% weekly surge marked its best performance since July 2020, driven by Trump tariff exemptions for U.S. manufacturers.
Monster Beverage (MNST) - Piper Sandler upgraded MSNT stock to overweight with 22% upside potential, citing the company's recovery from 2024's category slowdown and manageable aluminum costs.
Peloton (PTON)- Goldman Sachs turned bullish on PTON with a buy rating and 61% upside target, praising new management initiatives and improved free cash flow conversion.
Headlines You Can't Miss
Tesla shut down its custom AI chip project Dojo, boosting Nvidia and AMD.
Intel CEO faces 37% odds of departure after Trump called for his immediate resignation.
Gold futures hit record highs at $3,534 following reports of U.S. tariffs on gold bars.
AMC Networks surged 21% after beating Q2 earnings with streaming revenue up 12%.
Ethereum rallied to seven-month highs above $4,000 amid continued crypto buying momentum.
VanEck Gold Miners ETF rose to its highest levels since 2011 on rate cut hopes.
Fed officials signal cautious approach to rate cuts amid tariff policy uncertainty.
Trending Stocks
Instacart (CART) - The grocery delivery giant beat Q2 expectations with strong execution driving multiple analyst upgrades.
Benchmark raised its rating for CART stock to buy with a $67 target, citing sustainable competitive advantages as regional grocers increasingly need Instacart's platform to compete with Walmart and Amazon Fresh.
CEO Quote🎤: “In Q2, we grew orders by 17% year-over-year to 82.7 million and increased GTV by 11% year-over-year to $9,081 million. We also delivered net income of $116 million and Adjusted EBITDA of $262 million.”
Pinterest (PINS) - Shares tumbled 12% after missing Q2 earnings estimates with 33 cents per share versus the expected 35 cents. While revenue beat expectations, the earnings miss highlighted ongoing monetization challenges as the platform struggles to convert its visual discovery format into consistent profit growth.
CEO Quote🎤: “I’m proud of our Q2 results — delivering 17% revenue growth and another quarter of record users. We’re also excited that Gen Z has grown to over half of our user base.”
Under Armour (UAA) - The sportswear company plunged 18% after reporting weak Q1 results and slashing guidance. With earnings of just 2 cents per share versus 3 cents expected and revenue missing by $30 million, management cited ongoing uncertainty around trade policies and potential demand impacts from tariffs.
CEO Quote🎤: “One year into our strategic reset, we're laying the groundwork for a more focused Under Armour. By elevating products and storytelling, tightening distribution, and refining our operating model, we are in the process of reigniting brand relevance and positioning the business for sustainable, profitable growth.”
What’s Next?
Key Earnings Today 👇
Archer Aviation (ACHR): A pre-revenue company, analysts expect losses per share to narrow from $0.27 per share to $0.18 per share.
Barrick Mining (B): Q2 revenue forecast at $3.7 billion vs. $3.16 billion last year. Adjusted earnings are expected to grow from $0.32 per share to $0.46 per share.
Franco-Nevada (FNV): Q2 revenue forecast at $372 million vs. $260 million last year. Adjusted earnings are expected to grow from $0.75 per share to $1.12 per share.
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