Trade Desk

🚨 S&P REBALANCING

ADDITIONS, S&P 100:

-Dell $Dell Tech(DELL.US)

-Palo Alto Networks $Everpure(P.US)alo Alto Networks(PANW.US)

-Arista Networks $Arista Networks(ANET.US)

-Sandisk $Sandisk(SNDK.US)

ADDITIONS, S&P 500:

-Bloom Energy $Bloom Energy(BE.US)

-Everpure $Everpure(P.US)

-Illumina $Illumina(ILMN.US)

DELETIONS, S&P 100:

-Honeywell Aerospace $Honeywell Aerospace(HONA.US)

-Nike $NIKE

-Simon Property Group $Simon Property(SPG.US)

-Colgate-Palmolive $Colgate(CL.US)

DELETIONS, S&P 500:

-Trade Desk $Trade Desk(TTD.US)

-Builders $Builders Firstsource(BLDR.US)

-Molson Coors $Molson Coors Beverage Co-B(TAP.US)

Loved:

$Atlassian(TEAM.US) ✅

$ServiceNow(NOW.US) ✅

$Shopify (SHOP.US) ✅

$Twilio(TWLO.US) ✅

$Snowflake(SNOW.US) ✅

$Microsoft(MSFT.US) ✅

$Palantir Tech(PLTR.US) ✅

$Sea(SE.US) ✅

$Digital Turbine(APPS.US) ✅

$Five9(FIVN.US) ✅

Yet to be loved:

$Workday(WDAY.US)⏳

$Salesforce(CRM.US) ⏳

$Adobe(ADBE.US) ⏳

$Intuit(INTU.US)⏳

$Oracle(ORCL.US) 👀

Dusted:

$HubSpot(HUBS.US) ❌

$Duolingo(DUOL.US) ❌

$Trade Desk(TTD.US) ❌

$Chegg(CHGG.US) ❌

$Upwork(UPWK.US) ❌

I must have missed a few names, add if you can think of.

Same earnings week. $Atlassian(TEAM.US) ripped over 30% on a cloud beat. $Trade Desk(TTD.US) got cut nearly 30% and analysts lined up to downgrade it.

This is still an execution market. Growth that converts gets capital. Growth that stalls gets crushed. AI narratives do not save a soft guide.

Saas is not one stock, every stock is being treated differently based on their execution.

🏆 TOP 10 WEEKLY ANALYST RATINGS:

$TAM $Unity Software(U.US) $Trade Desk(TTD.US) $Serve Robotics(SERV.US) $Circle(CRCL.US) $Astera Labs(ALAB.US) $Redwire(RDW.US) $Humana(HUM.US) $CLEH $AppLovin(APP.US)

📢 Companies Reporting Earnings Next Week

$Vertex Pharma(VRTX.US) $ON Semiconductor(ON.US) $BWX Tech(BWXT.US) $Diamondback Energy(FANG.US) $Snap(SNAP.US) $Grab(GRAB.US) $Palantir Tech(PLTR.US) $Spotify(SPOT.US) $Caterpillar(CAT.US) $McDonald's(MCD.US) $Wix.com(WIX.US) $Cipher Digital(CIFR.US) $Hut 8 Mining(HUT.US) $Digitalocean(DOCN.US) $SpaceX(SPCX.US) $AMD(AMD.US) $Zeta Global(ZETA.US) $Opendoor Tech(OPEN.US) $Astera Labs(ALAB.US) $ViaSat(VSAT.US) $Circle(CRCL.US) $CVS Health(CVS.US) $Disney(DIS.US) $Eli Lilly(LLY.US) $EOS Energy Enterprises(EOSE.US) $GlobalFoundries(GFS.US) $Riot Platforms(RIOT.US) $Unity Software(U.US)ber Tech(UBER.US) $Shopify (SHOP.US) $Mercadolibre(MELI.US) $Western Digital(WDC.US) $Advance Auto Parts(AAP.US) $Sandisk(SNDK.US) $Block(XYZ.US) $Duolingo(DUOL.US) $Sandisk(SNDK.US) $IonQ(IONQ.US) $Kratos Defense & Security(KTOS.US) $Oklo(OKLO.US) $Unity Software(U.US) $Oscar Health(OSCR.US) $Datadog(DDOG.US) $D-Wave Quantum(QBTS.US) $Trade Desk(TTD.US) $Draftkings(DKNG.US) $MP Materials(MP.US) $Mara(MARA.US) $Red Cat(RCAT.US)

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: $Trade Desk(TTD.US) The Trade Desk Integrates 7-Eleven Japan Purchase Data for Advertisers

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐓𝐡𝐞 𝐓𝐫𝐚𝐝𝐞 𝐃𝐞𝐬𝐤 integrates 𝐒𝐄𝐕𝐄𝐍-𝐄𝐋𝐄𝐕𝐄𝐍 𝐉𝐚𝐩𝐚𝐧 purchase data into its DSP.

➤ Advertisers gain access to data from approximately 𝐭𝐰𝐞𝐧𝐭𝐲-𝐞𝐢𝐠𝐡𝐭 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 7-Eleven App members.

➤ Capability is now available to 𝐚𝐥𝐥 𝐚𝐝𝐯𝐞𝐫𝐭𝐢𝐬𝐞𝐫𝐬 in Japan.

➤ Audience targeting is powered by up to 𝐨𝐧𝐞 𝐲𝐞𝐚𝐫 of purchase history.

➤ Data can be activated across 𝐂𝐓𝐕, 𝐎𝐓𝐓, 𝐚𝐮𝐝𝐢𝐨, and 𝐝𝐢𝐬𝐩𝐥𝐚𝐲 channels.

➤ SEJ operates around 𝐭𝐰𝐞𝐧𝐭𝐲-𝐭𝐰𝐨 𝐭𝐡𝐨𝐮𝐬𝐚𝐧𝐝 stores with approximately 𝐭𝐰𝐞𝐧𝐭𝐲 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 daily visitors.

➤ API integration enables 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐨𝐮𝐬 data refresh and campaign optimization.

➤ AI transforms retail purchase data into scalable 𝐚𝐮𝐝𝐢𝐞𝐧𝐜𝐞 intelligence for omnichannel advertising.

➤ Integration advances Japan's 𝐫𝐞𝐭𝐚𝐢𝐥 𝐦𝐞𝐝𝐢𝐚 infrastructure with privacy-conscious data activation.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

𝐊𝐞𝐢 𝐌𝐚𝐣𝐢𝐦𝐚, General Manager, Japan, 𝐓𝐡𝐞 𝐓𝐫𝐚𝐝𝐞 𝐃𝐞𝐬𝐤:

"Japan's retail media ecosystem is entering a new phase. 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."

$Trade Desk(TTD.US) | Benchmark reiterates 𝐁𝐮𝐲 on 𝐓𝐡𝐞 𝐓𝐫𝐚𝐝𝐞 𝐃𝐞𝐬𝐤, maintains 𝐏𝐓 𝐚𝐭 $𝟑𝟎

Analyst sees the recent Publicis dispute that pressured Q2 guidance as a trough for growth, with spend expected to recover in the second half.

$Trade Desk(TTD.US) | 𝐓𝐫𝐮𝐢𝐬𝐭 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 reiterates 𝐁𝐮𝐲 on 𝐓𝐡𝐞 𝐓𝐫𝐚𝐝𝐞 𝐃𝐞𝐬𝐤, maintains 𝐏𝐓 𝐚𝐭 $𝟑𝟓 on 𝐏𝐮𝐛𝐥𝐢𝐜𝐢𝐬 news

Analyst sees the renewed agreement with Publicis as a net positive for TTD, expecting it to drive a resumption of ad spend on the platform.

$Trade Desk(TTD.US) | Rothschild Redburn 𝐢𝐧𝐢𝐭𝐢𝐚𝐭𝐞𝐬 𝐓𝐡𝐞 𝐓𝐫𝐚𝐝𝐞 𝐃𝐞𝐬𝐤 with a 𝐒𝐞𝐥𝐥 rating, sets 𝐏𝐓 𝐚𝐭 $𝟏𝟏

Analyst sees TTD's weaker competitive positioning being exposed by intensifying competition, expecting market share loss and take-rate compression.