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Back From the Dead: The Trade Desk Soars as Hope Is Resurrected [Yahoo! Finance]
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Amazon (AMZN) has encroached on market share. OpenAI rolled out ChatGPT ads last month and is now looking to scale operations by partnering with an established player rather than building in-house. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE The Trade Desk NASDAQ:TTD ) had been largely left for dead by Wall Street investors over the past year. The ad-tech pioneer, once a high-flying darling of the programmatic advertising space, shed some 60% of its value as Amazon NASDAQ:AMZN ) increasingly encroached on its market share in retail media and connected TV (CTV). Slowing growth and a stretched valuation before the decline only compounded the pain. Trading around $25 -- a loss of over three-quarters of its value from its all-time high hit in late 2024 -- the stock was surging in morning trading today, up around 26%. For the first time in months, it seems there is still hope for the future. OpenAI Throws TTD a Lifeline That hope is
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