Breakfast News: TTD Drops 30% Despite Beat

August 8, 2025

Source: Image Created by Jester AI.

1. TTD Plunges 30% After Weak Q3 Outlook

The Trade Desk (TTD 5.06%) beat expectations with a 19% revenue rise in the second quarter, and non-GAAP EPS of $0.41 smashed through analyst expectations for $0.18. But the stock slumped nearly 30% after hours as the digital advertising specialist forecast at least $717 million in Q3 revenue, only marginally ahead of the market consensus.

• "Something that continues to impress with Amazon is its sneaky but powerful advertising business": Investors fear growing threats from Amazon (AMZN 2.93%), as Fool analyst Jason Moser recently spoke of Amazon's demand-side platform -- where The Trade Desk is seen as the leader -- making "real progress."
• "We believe we'd be an amazing partner to drive demand to them": Speaking on the earnings call, The Trade Desk CEO Jeff Green instead sees Amazon more as a potential partner, primarily promoting its own sponsors and Prime Video rather than pioneering Open Internet advertising.

2. SEZL, PINS and DOCS in Post-Earnings Moves

Fintech provider Sezzle (SEZL 4.10%) beat top- and bottom-line Q2 expectations, as adjusted EPS soared 97% year over year with revenue growing 76%. After the stock soared 960% these past 12 months, traders appeared unimpressed with full-year guidance for 60% to 65% revenue growth, knocking it down 20% pre-market.

• Active user count up 11% to 578 million: Rule Breakers recommendation Pinterest (PINS 0.79%) narrowly beat Wall Street revenue hopes with a 17% Q2 year-over-year rise, with adjusted EPS hitting consensus. Despite plans for future AI-based and advertising offerings, the stock dipped 12% before today's open.
• Largest professional healthcare network in the U.S.: Stock Advisor rec Doximity (DOCS 0.53%) beat the trend with an 8% gain after exceeding Q1 earnings estimates. Future plans include upscaling AI usage and improving workflow tools.

3. Tesla Pulls Plug on Dojo

Tesla (TSLA 6.43%) CEO Elon Musk has abandoned the company's Dojo supercomputer development, according to Bloomberg, with team leader Peter Bannon set to leave. It comes after around 20 team members had recently left to join start-up DensityAI, the report says.

• "AI5, AI6 and subsequent chips will be excellent for inference ... All effort is focused on that": Dojo uses Tesla's in-house D1 chip developed in parallel, and Musk confirmed on X it doesn't make sense to divide resources between two different designs.
• Training Autopilot and Full Self-Driving: Tesla will turn more to partners including Nvidia (NVDA 5.93%) and Advanced Micro Devices (AMD 11.01%) for its AI-training compute needs.

4. Meta Lines up Data Center Funding

Meta Platforms (META 5.50%) has chosen investment management firm PIMCO and asset manager Blue Owl Capital to manage the refinancing of its Louisiana data center expansion, reports Bloomberg. Funding will include $26 billion of debt – probably as bonds – managed by PIMCO, plus $3 billion equity from Blue Owl, anonymous sources said.

• "Hundreds of billions of dollars": CEO Mark Zuckerberg last month said the company will invest heavily to build AI data centers for its Superintelligence unit, with its Prometheus multi-gigawatt center planned for 2026 operation.
• "At their peak these [data centers] will produce the same output that powers a good-sized city": TMF chief investment officer Andy Cross recently highlighted high-power examples of AI data center developments, adding "These won't be the last."

5. Your Take

Which stock's daily price swing of -10% or more so far this earnings season has made you think it could be a buying opportunity not to be missed, and worthy of imminent research? Discuss with friends and family, or become a member to hear what your fellow Fools are saying.