Trading Desk Inc. ( NASDAQ:TTD ) is one of them 10 stocks investors are watching closely this week.
The trading desk rose 22.9 percent on the week as investors bought the shares after reports that it had signed a deal with OpenAI to sell ads on ChatGPT.
According to reports, OpenAI is adjusting its views on advertising as it generates more revenue beyond subscriptions and enterprise.
It aims to earn $25 billion from advertising alone.
Image from the Business Desk website
OpenAI began ad trials last month by partnering with ad technology providers to support the effort.
Following the report, investment research firm Evercore ISI reiterated an “Outperform” rating for Trading Desk Inc. (NASDAQ:TTD) with a $35 price target.
According to Evercore, productivity AI engines could represent a significant source of incremental gross spend compared to Trading Desk Inc.’s ( NASDAQ:TTD ) $13.4 billion gross spend.
During the week, Trading Desk Inc. (NASDAQ:TTD) told the Securities and Exchange Commission that its chairman and CEO Jeff Green increased his stake in the company by buying $148 million in shares from March 2 to 4, 2026.
While we acknowledge the potential of TTD as an investment, our belief is that some AI stocks have more promise to deliver higher returns and have limited risk. If you’re looking for a very cheap AI stock that’s also a big beneficiary of Trump’s tariffs and onshoring, check out our free report Best short-term AI stocks.
Read more: 30 stocks that should double in 3 years and 11 Secret AI Stocks to Buy Right Now.
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