NasdaqGM:TTDMedia
Trade Desk Cuts Q1 Outlook While Betting On AI And CTV Ventura
The Trade Desk (NasdaqGM:TTD) issued weaker than expected Q1 guidance, flagging softer revenue and profit expectations.
The company announced additional investment in AI tools and product development across its advertising platform.
The Trade Desk introduced the Ventura Ecosystem for Connected TV to support more collaborative advertising across partners.
The guidance update comes after a difficult stretch for Trade Desk’s share price, with the stock at $23.82 and showing a 25.3% decline...