$TTD (-1,64 %)

$TTD (-1,64 %)

Trump calls Fed chief a fool after decision + US auto industry criticizes Trump's deal with UK + Half of high-tech chips to come from US + Trade Desk beats expectations for first quarter

Trump calls Fed chief a fool after decision

• US President Donald Trump has called Fed Chairman Jerome Powell a fool following the Federal Reserve's decision to leave the key interest rate unchanged for the time being.
• "Jerome Powell is a fool who has no idea", Trump wrote on his Truth Social platform.
• He had already attacked Powell several times in the past, calling him a "loser" or "Mr. Too Late".
• The Fed had been on a collision course with Trump, who is vehemently calling for interest rate cuts, the day before.
• In view of Trump's aggressive tariff policy, it had opted for a wait-and-see approach and does not want to commit to cutting interest rates any time soon.
• "We have to wait and see how the situation develops," said Fed Chairman Powell when asked by a reporter whether the central bank should cut interest rates at all this year.
• The Fed left the key interest rate at a high level in the range of 4.25 to 4.5 percent.

US car industry criticizes Trump's deal with the UK

• US President Donald Trump's trade pact with the UK has gone down badly with the US automotive industry.
• The reason for this is the reduction in import duties for 100,000 British cars from 25 to 10 percent.
• This would favor manufacturers from the UK over their own industry, criticized the industry association AAPC.
• It represents the big three US car manufacturers: Ford $F (-5,29 %) , General Motors $GM (-5,05 %)and the Stellantis Group $STLAM (-4,38 %)with brands such as Jeep and Dodge.
• Trump's government had imposed tariffs of 25 percent on imported vehicles and components.
• The US manufacturers produce some car models in Mexico and Canada and also source parts from there for production in the USA.
• A large proportion of these are initially exempt from the tariffs as long as the requirements of the USMCA free trade agreement are met.
• Association sees damage for US industry
• Over time, however, the foreign components of USMCA-compliant imported vehicles will also be subject to a 25 percent tariff.
• The trade pact will make it cheaper to bring a British car to the USA than a vehicle from Canada or Mexico, half of which consists of US parts, criticized the association.
• This would harm American manufacturers, suppliers and employees.
• Trump's Secretary of Commerce Howard Lutnick had argued that 100,000 vehicles only made up a small part of the US car market but were a relevant amount for British manufacturers such as Rolls-Royce, Bentley, Jaguar and Land Rover.

US Secretary of Commerce: Half of high-tech chips to come from the USA

• US President Donald Trump's administration has set a new ambitious target for the semiconductor market: 50 percent of modern high-tech chips are to be produced in the USA.
• This should give the country the "firepower" to develop artificial intelligence, said Secretary of Commerce Howard Lutnick on US broadcaster CNBC.
• The majority of chips have been produced in Asia for decades.
• The most modern semiconductors for smartphones or AI data centers, for example, come from Taiwan from contract manufacturer TSMC $TSM (+0 %).
• There is great concern in the West that China could cut off supplies.
• Trump's predecessor Joe Biden therefore tried to bring more production to the USA.
• His government promised subsidies of around 39 billion dollars (35 billion euros) for this, and several plants are currently being built.
• Trump criticized the aid as a waste of money and wants to focus on tariffs instead.
• Restrictions on the export of US chips At the same time, Trump's government under Biden overturned export barriers for AI technology.
• Export restrictions were planned for many countries - to prevent chips and software from reaching countries such as China via detours.
• Lutnick criticized that this would have cut off allies such as Poland from modern US technology.
• The Trump administration has a different approach.
• According to this, chip deliveries should be permitted if they come to data centers of US operators, said Lutnick.
• As a second requirement, the data center would have to be connected to a cloud infrastructure "from someone we trust".

The Trade Desk $TTD (-1,64 %)exceeds expectations for the first quarter thanks to strong demand for advertising technology

• Trade Desk released first-quarter revenue and earnings figures on Thursday that beat analysts' expectations thanks to strong demand for automated ad-buying technology.
• The company's shares rose by 14% in after-hours trading.
• The advertising company's strong results come at a time when companies are reducing their marketing spending due to prevailing recession fears and the uncertain economic situation.
• The advertising platform offers advertisers access to an extensive network of publishers and media partners across a range of industries, enabling them to target their advertising campaigns with precision.
• The Trade Desk is expanding support for its advertising ID "Unified ID 2.0" (UID2), which it says is more privacy-focused and an improvement and alternative to third-party cookies.
• Revenue increased by 25% to USD 616 million in the first quarter, exceeding estimates of USD 584 million, according to data from LSEG.
• On an adjusted basis, the company posted earnings of 33 cents per share for the quarter, above estimates of 25 cents.
• Trade Desk, which has partnerships with retailers such as Walmart, is forecasting second-quarter sales of at least $682 million, slightly below analysts' average estimate of $683.2 million.

Friday: Stock market dates, economic data, quarterly figures

• ex-dividend of individual stocks
• Allianz EUR 15.40
• MTU Aero Engines EUR 2.20
• Talanx EUR 2.70
• IBM USD 1.68
• Mensch und Maschine Software EUR 1.85
• Kuehne + Nagel International 8.25 CH
• Pfizer 0.43 USD
• Walmart 0.24 USD

• Quarterly figures / company dates USA / Asia
• 16:00 Colgate-Palmolive | AbbVie AGM

• Quarterly figures / company dates Europe
• 07:00 Commerzbank | Krones Quarterly figures
• 07:30 Bechtle quarterly figures
• 08:00 PNE AG | International Consolidated Airlines Quarterly figures
• 09:00 Commerzbank Analyst Conference
• 10:00 Drägerwerk AGM | PNE AG Analyst and Press Conference
• 10:30 Commerzbank | Bechtle PK
• 11:00 Villeroy & Boch AGM
• 13:00 Krones Analyst Conference

• Economic data

04:00 CN: April trade balance PROGNOSE: +97.60bn USD previous: +102.64bn USD Exports PROGNOSE: +2.5% yoy previous: +12.4% yoy Imports PROGNOSE: -5.5% yoy previous: -4.3% yoy

12:45 IS: Fed Governor Barr and Fed Governor Kugler (14:30) and Fed Governor Waller (17:30) et al, Reykjavik Economic Conference

14:30 US: Fed Richmond President Barkin to participate in Loudon County Chamber of Commerce Fireside Chat

16:00 US: Fed-Chicago President Goolsbee, attends Fed list-serve event

17:30 US: Fed Richmond President Barkin, attends Greater Washington Board of Trade event

No time specified:

- DE: Start of the trade fair "Invest - the financial event for your future ", Stuttgart

- RU: China's President Xi, visit to Russia

- FR: France's President Macron and Poland's Prime Minister Tusk sign defense agreement

Overall rating $TTD (-1,64 %)🟢 Above expectations (based on CEO comment "outperformance" and strong figures)

Financial highlights Q1 2025 (YoY comparison):

* Revenue:

* Q1 2025: $616m.

* YoY: +25% (from $491m in Q1 2024)

* Performance: 🟢 Strong growth, outperforms the market.

* Adjusted EBITDA:

* Q1 2025: $208m.

* YoY: +28.4% (from $162m in Q1 2024)

* Performance: 🟢 Significant increase, shows operational strength.

* Adjusted EBITDA margin:

* Q1 2025: 34%

* YoY: +1 percentage point (from 33% in Q1 2024)

* Performance: 🟢 Efficiency further improved.

* Non-GAAP diluted earnings per share (EPS):

* Q1 2025: $0,33

* YoY: +26.9% (from $0.26 in Q1 2024)

* Performance: 🟢 Solid earnings growth.

* GAAP net income:

* Q1 2025: $51m.

* YoY: +59.4% (from $32m in Q1 2024)

* Performance: 🟢 Very strong improvement in profitability.

* Customer retention:

* Q1 2025: >95% (constant for 11 years)

* Performance: 🟢 Outstanding, evidence of strong customer benefit.

Key statements from the earnings report:

* Jeff Green (CEO): "We delivered strong results in the first quarter... [Strategic upgrades] contributed to our outperformance."

* Focus on Open Internet: "Leading marketers are looking for ways to leverage the open Internet... Kokai gives them more power than ever to achieve this, unlike the many limitations of walled gardens."

* Strategic initiatives:

* 🟢 Kokai platform: positive early impact of upgrades.

* 🟢 UID2 (Unified ID 2.0): Progressing adoption (Perion, Toyo Keizai, Piemme) as a future-proof identity solution.

* 🟢 OpenPath: Successful integrations (Warner Bros. Discovery, The Guardian, NY Post) for direct & transparent access to publisher inventory.

* 🟢 Sincera acquisition: Completed to strengthen data analytics and insights for advertisers.

* COO appointment: Vivek Kundra (ex-Salesforce, ex-US CIO) to drive operational excellence and scale.

Outlook Q2 2025:

* Revenue: At least $682m (indicates continued strong growth) 🟢

* Adjusted EBITDA: Approximately $259m (implies a margin of approx. 38%, further increase) 🟢

Brief conclusion:

The Trade Desk continues to show impressive growth momentum and profitability improvement. Strategic bets on the open internet, transparency (OpenPath) and a future-proof identity solution (UID2) are paying off. The outlook is promising and underlines the management's confidence in the continuation of the successful course.

Source: Finchat

$PLTR (-0,15 %)

$NOW (-0,63 %)

$SPOT (-0,4 %)

$PANW (+0,41 %)

$SHOP (-1,78 %)

$CRWD (+0,33 %)

$FTNT (+0,55 %)

$ABNB (-0,41 %)

$COIN (-1,15 %)

$AXON (+0,11 %)

$RBLX

$NET (+2,05 %)

$HOOD (+1,72 %)

$TTD (-1,64 %)

$DUOL

$HIMS (-1,36 %)

A look at The Trade Desk is particularly worthwhile at the moment - for anyone who wants to invest in a promising tech sector without immediately reaching for the usual big players such as Alphabet or Meta.

What does TTD do?

The Trade Desk is a leading provider in the field of programmatic advertising. Advertisers can use its platform to buy advertising space automatically in real time - across various channels, from CTV (connected TV) to audio and mobile. The company is thus positioning itself centrally in a market that is undergoing major upheaval due to the elimination of third-party cookies and the shift towards privacy-compliant, targeted advertising.

Why is now an exciting time to invest?

The share price has fallen significantly in recent months and is currently trading at a level that represents an attractive valuation from a historical perspective.

• The P/E ratio and price/sales ratio have fallen, while the company continues to grow at a double-digit rate.
• TTD is profitable, debt-free and actively investing in its own platform (e.g. Unified ID 2.0).
• Demand for programmatic advertising - particularly in the CTV sector - continues to increase.

Macro trend on their side:

More and more major providers such as Netflix or Disney+ are relying on ad-financed models. The Trade Desk benefits here as a neutral provider compared to the "walled gardens" of Google and Meta.

From a technical perspective, the share is currently moving sideways - after the last correction, an interesting bottom could emerge here.

Conclusion:

TTD offers a strong market position in a future-oriented segment, combined with solid fundamentals and a relatively favorable valuation at present. Definitely worth a look for long-term investors - especially now.

$TTD (-1,64 %)

It is now slowly becoming clear who has what it takes to make good profits in the coming years.

Here are my top 30 companies by category, which I am particularly looking at in the current crash.

Some are still overvalued, others are already very attractive at the current price level.

Tier 1 (high corporate quality and strong growth)

Airbnb $ABNB (-0,41 %)

Alphabet $GOOGL (-2,31 %)

Amazon $AMZN (-0,46 %)

ASML $ASML (-0,04 %)

Axon $AXON (+0,11 %)

Cadence $CDNS (+0,91 %)

Constellation Software $CSU (-1,8 %)

Crowdstrike $CRWD (+0,33 %)

Fair Isaac $FICO (-0,08 %)

Hermes $RMS (-1,09 %)

Intuit $INTU (+0,36 %)

Intuitive Surgical $ISRG (-0,35 %)

Mastercard $MA (-1,85 %)

Meta $META (+2,12 %)

Netflix $NFLX (-0,08 %)

Microsoft $MSFT (-0,58 %)

Palantir $PLTR (-0,15 %)

Tesla $TSLA (-2,85 %)

Tier-2 (high business quality and moderate growth)

Booking $BKNG (-0,94 %)

Costco $COST (+0,16 %)

Ferrari $RACE (-0,78 %)

Moody's $MCO (-0,79 %)

MSCI $MSCI (-1,19 %)

Transdigm $TDG (-2,09 %)

Tier-3 (medium / solid corporate quality and strong growth)

Hims & Hers $HIMS (-1,36 %)

Robinhood $HOOD (+1,72 %)

Roblox $RBLX

Shopify $SHOP (-1,78 %)

Spotify $SPOT (-0,4 %)

The Trade Desk $TTD (-1,64 %)

I bought on Friday and am buying again today - even in the course of the next few days and weeks, when we could probably see even lower prices.

Where are you buying?

The Trade Desk $TTD (-1,64 %) was also hit on Friday.

After the share has suffered a sell-off/price loss of around 60% in the last 3 months, I have also put my foot in the door here and added a first tranche to my portfolio. 👌

What do you think of my purchase? 🤔

Did you buy the same? Did you buy other shares?

What did I take with me?

It is not a crisis because >\=20% down but a good entry into tranches.

Which stocks were discussed?

$P911 (-2,68 %) Unfortunately I've been in Porsche since 2023, when luxury comes back, the Chinese will buy Porsche and not locally

$ABX and $NEM (+4,62 %) Barrick and Newmont buy the shovels not the gold. Gold is for value preservation, not for speculation. I was invested in mines decades ago.

$MC (-1,22 %) LVMH surprised me, I thought the air was out, will have a look.

$META (+2,12 %) I finally understood how Facebook makes money. There's still a lot to come. First purchase?

$GOOGL (-2,31 %) Yes, I've been adding to my portfolio since 25.

$H1PE34 Hewlett Packard Enterprise, I only knew it as a hardware manufacturer, here is the shovel for AI Ai chips.

$9988 (+0,45 %) and $9888 (+0,55 %) Chinese Baidu and Alibaba. I also had it 10 years ago, after the high it went down bloody. But will probably be seen again as a turnaround and cash flow for 2025.

$TTD (-1,64 %) I was not aware of Trade Desk until today.

$22U Biontech became known as a corona profiteer, but is looking for the cancer vaccine.

These 10 stocks were discussed as stronger buys on the spot.

Which stocks are of interest to you, or where are you buying now?