Trade Desk shares dropped significantly after French advertising giant Publicis Groupe advised clients to avoid the platform. An independent audit found Trade Desk violated agreement clauses. Publicis confirmed the findings and will no longer recommend Trade Desk. Trade Desk disputes the audit’s conclusions. The company faces strong competition in the ad tech market.
Cash takes centre stage as investors rethink AI spending boom
Investors are increasingly focused on technology companies’ cash generation capabilities to fund artificial intelligence investments. Microsoft and Oracle are gaining positive attention from investors, while