The Trade Desk (TTD) Slipped on Cautious Guidance

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A copy of the letter can be downloaded here. Markets continued their upward journey in the third quarter, driven by strong earnings growth, continued enthusiasm around artificial intelligence (AI), and easing trade tensions. The composite returned 12.06% in the quarter, compared to the S&P Global 1200 Information Technology Index’s 12.82% return.  Positive stock selection drove the relative performance of the fund in the quarter. In addition, you can check the fund’s top 5 holdings for its best picks for 2025.In its third-quarter 2025 investor letter, Columbia Global Technology Growth Fund highlighted stocks such as The Trade Desk, Inc. (NASDAQ:TTD). Headquartered in Ventura, California, The Trade Desk, Inc. (NASDAQ:TTD) is a technology company that offers a self-service cloud-based ad-buying platform. The one-month return of The Trade Desk, Inc. (NASDAQ:TTD) was -5.38%, and its shares lost 57.49% of their value over the last 52 weeks. On October 31, 2025, The Trade Desk, Inc. (NASDAQ:TTD) stock closed at $50.28 per share, with a market capitalization of $24.584 billion.Columbia Global Technology Growth Fund stated the following regarding The Trade Desk, Inc. (NASDAQ:TTD) in its third quarter 2025 investor letter:"That said, the quarter was not without its challenges, starting with our position in programmatic ad-tech leader The Trade Desk, Inc. (NASDAQ:TTD). Shares came under pressure during the quarter, as reported quarterly results were overshadowed by cautious guidance, concerns about impacts of tariff on large-brand spending and rising competition from Amazon, along with the departure of the CFO. The company’s Kokai AI platform now powers 75% of client spending, and connected TV is the fastest growing channel, now accounting for nearly half of total spending."The Trade Desk, Inc. (TTD)'s Got "A Really Good Product," Says Jim CramerThe Trade Desk, Inc. (NASDAQ:TTD) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 60 hedge fund portfolios held The Trade Desk, Inc. (NASDAQ:TTD) at the end of the second quarter, which was 61 in the previous quarter. While we acknowledge the potential of The Trade Desk, Inc. (NASDAQ:TTD) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,771.55 -80.42 (-1.17%)Dow 3047,085.24 -251.44 (-0.53%)Nasdaq23,348.64 -486.09 (-2.04%)Russell 20002,427.34 -43.90 (-1.78%)VIX19.00 +1.83 (+10.66%)Gold3,941.60 -72.40 (-1.80%)PortfolioSign in to access your portfolioSign inTop gainersHTZ Hertz Global Holdings, Inc. 6.73 +1.79 (+36.23%)XMTR Xometry, Inc. 62.62 +14.05 (+28.93%)PAY Paymentus Holdings, Inc. 36.10 +7.49 (+26.18%)MTSR Metsera, Inc. 73.18 +12.45 (+20.50%)SANM Sanmina Corporation 163.58 +23.24 (+16.56%)Top losersDGNX Diginex Limited 18.25 -5.38 (-22.77%)NCLH Norwegian Cruise Line Holdings Ltd. 18.79 -3.39 (-15.28%)NVTS Navitas Semiconductor Corporation 10.46 -1.79 (-14.61%)ZTS Zoetis Inc. 124.46 -19.89 (-13.78%)WRD WeRide Inc. 9.41 -1.49 (-13.72%)Most activeNVDA NVIDIA Corporation 198.69 -8.19 (-3.96%)PFE Pfizer Inc. 24.30 -0.36 (-1.46%)HTZ Hertz Global Holdings, Inc. 6.73 +1.79 (+36.23%)PLTR Palantir Technologies Inc. 190.74 -16.44 (-7.94%)GRAB Grab Holdings Limited 5.79 -0.29 (-4.70%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersBTC-USD Bitcoin USD 100,332.46 -6,270.24 (-5.88%)ETH-USD Ethereum USD 3,215.16 -381.97 (-10.62%)HTZ Hertz Global Holdings, Inc. 6.73 +1.79 (+36.23%)XRP-USD XRP USD 2.15 -0.16 (-6.80%)NCLH Norwegian Cruise Line Holdings Ltd. 18.79 -3.39 (-15.28%)Top economic events