Reported 30 days ago
Meta Platforms (META) is anticipated to report impressive third-quarter earnings, particularly due to its robust advertising revenue growth surpassed by over 20%. Industry expert Mark Mahaney highlights the company's sustainable growth opportunities and the effective use of AI in enhancing its advertising capabilities. Despite caution over future capital expenditures, Mahaney believes that returns from AI investments will soon be evident, making Meta a favored choice among marketers.
Source: YAHOO