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The Trade Desk (TTD) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.26 per share a year ago.
Earnings season is in full swing with hundreds of stocks scheduled to report results after the closing bell.
The Trade Desk, Inc. TTD will release earnings results for the first quarter, after the closing bell on Thursday, May 8.
Amid intense competition from tech giants, TTD's first-quarter performance is likely to have been cushioned by higher digital spending.
The Trade Desk ( TTD ) is a $27 billion provider of a digital advertising platform that allows customers to dynamically and "programmatically" buy ad space across all mediums and channels, from targeted website pop-ups to real-time sports streaming events. Through a self-service, cloud-based platform, ad buyers create, manage and optimize data-driven digital advertising campaigns which includes display, video, audio, native and social, on a multitude of devices, such as computers, mobile devices and connected TV.
@ProsperTradingAcademy's Scott Bauer kicks off today's Big 3 by turning to the iShares 20+ Year Treasury Bond ETF (TLT) on expectations of the Fed's meeting serving as a potential mover. Scott also believes the "bottom may have been put in" for The Trade Desk (TTD).
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
The technology sector has produced some of the most rewarding growth stocks over the past four decades, and artificial intelligence (AI) promises to breed more wealth-building opportunities for investors.
April wasn't an enjoyable month for investors. The stock market became a roller coaster, marked by stomach-churning volatility with prices plummeting one day and soaring the next.
Nearly every investor has heard the adage, "Sell in May and go away." The premise is that stock market returns are often lower between May and October than from November to April.