The Trade Desk is experiencing a surge in its shares Thursday afternoon following a significant development in the advertising technology landscape. The catalyst behind the move appears to be the recent announcement made by Netflix Inc (NASDAQ:NFLX) regarding its plans to launch an in-house advertising technology platform by the end of 2025.
Amazon beat Wall Street’s estimates for the second quarter of 2022. Shares rallied and investors seem to have finally recovered some of their faith in the stock.