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August Market Rebound: Tech Rally, META & TTD Fall, Cloudflare Hits Record
Nasdaq rallies after July drop as strong earnings and lower oil lift tech; Meta slips on $567M ruling, The Trade Desk tumbles, Cloudflare hits an all-time high.
Editorial companion
What stands out
Markets ripped higher this week after the Nasdaq-100's four-day bounce, its best stretch since May, as a fresh wave of corporate results outpaced low expectations. The Schwab segment captures a very mixed tape: Meta Platforms (META) hit by a $567 million New Mexico ruling, The Trade Desk (TTD) sliding after a weak quarter toward 2019 lows, and Cloudflare (NET) charging to a new all-time high. Falling crude aided the rally even as GDELT headlines about Iran and pipeline threats underscore how quickly sentiment can reverse.
Bullish Gator Snapshot
Current ratings and signals
Trade Desk (The) (TTD)
Neutral
TTD rates Neutral overall. The fundamental read is bullish: the company passes 6 of 9 quality tests on the Piotroski F-Score; balance sheet is in the Safe zone (Altman Z = 3.17); revenue is growing about 22.5% per year; net income is growing about 122.6% per year. The technical picture is neutral: price is 37.1% below the 200-day moving average; 1.4% below the 50-day; the 50/200 relationship is in a Death cross. Sentiment is bearish (composite 28/100), based on 6 news articles from recent coverage.