The stocks for The Trade Desk (NASDAQ: TTD) and Magnite (NASDAQ: MGNI) were both crushed this year as inflation, recessionary fears, and other macro headwinds drove investors away from ad tech stocks. It subsequently acquired SpotX and SpringServe to expand its CTV advertising ecosystem, then bought Carbon to add more publisher monetization tools to its platform. That forecast implies its adjusted EBITDA margin will decline slightly to 33% -- compared with the long-term target of 35% to 40% that it set last September -- as it works through the macro challenges.