The Rise of Connected TV and DSPs: Trade Desk (TTD) & Magnite (MGNI)
Programmatic software platforms automate the buying and selling of digital advertising through real-time bidding, helping brands and publishers transact inventory more efficiently across channels like display, video, and connected TV. On the buy side, The Trade Desk has emerged as a leading demand-side platform, giving advertisers advanced targeting, measurement, and campaign optimization tools. On the sell side, Magnite stands out as a major supply-side platform, helping media owners manage inventory, maximize yield, and connect with premium demand sources.
As connected TV continues to grow, platforms like TTD and MGNI play an increasingly important role in shaping how ad dollars move through the ecosystem, offering more data-driven execution for both advertisers and publishers.
AppLovin (APP) grows revenue faster than any peer and earns the group’s highest operating margin. It also carries the highest earnings multiple, and the premium is thin: 25.5 times earnings, against 24.9 for Meta Platforms (META), which grows at less than half AppLovin’s pace. What holds the multiple up is a belief about where the growth comes from.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Magnite (NASDAQ:MGNI) and the rest of the advertising & marketing services stocks fared in Q2.
The Trade Desk (TTD) trades about 89% below its two-year high, a discount typically assigned to businesses confronting prolonged contraction. Yet its free cash flow over the last twelve months is 12.1% of market value, against a 4.4% median for the S&P 500.
NEW YORK, September 15, 2026–The Trade Desk, a leading global advertising technology company, today announced expanded integrations with healthcare analytics and measurement providers Veeva Crossix and IQVIA Digital. The enhancements give pharma advertisers more granular insights into campaign performance and new ways to apply those insights to media optimization and decisioning.
Trade Desk (NasdaqGM:TTD) is adding LoopMe’s Brand Lift measurement directly into its platform for brand advertisers worldwide. The integration is designed to deliver real-time brand lift results inside existing Trade Desk workflows across multiple global markets. LoopMe’s survey based Brand Lift tool allows clients to assess campaign impact on metrics such as awareness and consideration. This direct LoopMe Brand Lift integration into Trade Desk arrives alongside wider shifts in how…
While strong cash flow is a key indicator of stability, it doesn’t always translate to superior returns. Some cash-heavy businesses struggle with inefficient spending, slowing demand, or weak competitive positioning.
