The Trade Desk, Inc. (TTD), headquartered in Ventura, California, operates as a technology company. Valued at $17.7 billion by market cap, the company offers a self-service cloud-based ad-buying platform that allows buyers to plan, manage, optimize, and measure data-driven digital advertising campaigns. Companies worth $10 billion or more are generally described as “large-cap stocks,” and TTD perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and d ...

Core Insights - Progressive's stock experienced a decline of 2.9% in late morning trading following a downgrade by Morgan Stanley from Equalweight to Underweight, primarily due to concerns regarding sharply decelerating growth [2] Company Summary - The downgrade by Morgan Stanley reflects worries about Progressive's growth trajectory, indicating that the company's performance may not meet market expectations moving forward [2] - September results were reported to be somewhat in-line when excluding certain factors, suggesting that there may be underlying issues affecting overall growth [2]