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The Daily Briefing · Wednesday, August 12, 2026
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TTD Q3 2026: Revenue Guidance Down 12%, Margins Crater
The Trade Desk's Q3 2026 revenue guidance floor of $650M represents a 12% year-over-year decline from the $739M recorded in Q3 2025.
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Also today
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More headlines
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Apple Park Leadership Reshuffle: Ternus Recalls Retired VP
John Ternus assumes the CEO role on September 1, 2026, replacing Tim Cook, who transitions to Executive Chairman.
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Jeff Bezos Funds Blue Origin With $1B in AMZN Stock Annually
Bezos has sold roughly $1 billion in AMZN stock annually for 25 years, channeling an estimated $28–$30 billion into Blue Origin.
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Brent Crude Nears $100 as Hormuz Standoff Deepens
Brent crude surged roughly 5% to $87.72 on August 10 and is tracking toward $100 as the Iran-U.S. Hormuz deal unravels.
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Doximity DOCS: Guidance Raise and AI Search Drive 32.6% Surge
Doximity raised full-year FY2027 revenue guidance to $671M–$681M following a Q1 beat of $156.6M, up 7% year-over-year.
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Berkshire Hathaway Q2 Operating Profit Rises 16.3%
Berkshire Q2 operating earnings reached $2.98B, a 16.3% increase from the prior-year period.
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TSMC July Revenue Surges 44.7% on AI Chip Cycle
TSMC July revenue of NT$467.58B (+44.7% YoY, +5.6% MoM) lifts cumulative 2026 sales to NT$2.87T, a 37% year-to-date gain.
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JPMorgan Target: S&P 8,000 in Bullish Revision
JPMorgan lifted its 2026 S&P 500 target to 8,000 from 7,800, the second upward revision in two months.
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Video of the day
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Demystifying Dairy Futures: The Cheese Lock
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The Daily Briefing from Pomegra. AI-curated market news, educational content only. Nothing here is investment advice.
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