"Magnite is the largest independent platform that helps companies such as Netflix and Disney monetize their advertising. The company, formed following a merger between Rubicon Project and Telaria in 2020, is benefiting from the changed landscape in the entertainment industry as bandwidth increased, content owners created on-demand libraries and ad technology evolved, Edwards said. "Connected television is the growth driver of the business, and it's about 44% of revenues. And this is basically the TV on your wall, which you stream content through," he said."
"Blend digitizes one out of every six mortgages in the U.S. However, due to the huge decline in mortgage volumes in recent years, Blend's shares have underperformed. The stock is down more than 80% since its 2021 IPO. Gupta said he expects mortgage volumes to revert to historical levels, which could give the stock a boost. The investor also highlighted the artificial intelligence tools Blend is launching to speed up mortgage processing."
Magnite is a Los Angeles-based online advertising technology provider and the largest independent platform helping companies such as Netflix and Disney monetize advertising. The company formed from a 2020 merger between Rubicon Project and Telaria and benefits from increased bandwidth, on-demand content libraries, and evolving ad technology. Connected television represents about 44% of Magnite’s revenues, complemented by mobile video and desktop inventory. Blend Labs is a digital mortgage software company that digitizes roughly one in six U.S. mortgages. Blend’s shares have fallen over 80% since its 2021 IPO amid low mortgage volumes, but potential normalization of volumes and new AI tools could drive a recovery.
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