META adds ads to WhatsApp Status and leans on AI to boost ad performance, aiming to grow revenues despite rising competition.
WhatsApp monetization begins, potentially adding $15B+ annual revenue from Meta Platforms, Inc.'s nearly 3B global users. Meta takes 49% stake in Scale AI and hires founder Alexandr Wang for internal AI initiatives. WhatsApp ads + Scale AI deal could lift EPS by $2.33, raising my 2026 estimates to $30.57/share.
Key Points From a financial standpoint, Meta Platforms should have no problem paying a higher dividend.
Harmful content including hate speech has surged across Meta's platforms since the company ended third-party fact-checking in the United States and eased moderation policies, a survey showed Monday.
Meta Platforms Inc. is stepping up its efforts to make money off of its hugely popular WhatsApp messaging service with advertising features and other options for businesses — and one analyst says this could translate to more than $10 billion in annual revenue within a few years.
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) has seen its price target boosted by Oppenheimer analysts, who have improved their outlook for the tech giant based on stronger-than-expected advertising market trends. They upped their price target to $775 from $665, implying upside from Meta's share price of about $702 on Monday morning.
CNBC's David Faber reports on news regarding WhatsApp.
Meta Platforms on Monday said Arun Srinivas has been appointed as the managing director and head for Meta in India.
Buy-and-hold investing is a time-tested strategy that rewards patience and discipline.
Meta's deal to partially acquire the AI startup Scale, giving it 49% ownership, is certainly unusual.
Meta has finalized its $14.3 billion investment into Scale AI and plans to hire the company's CEO to join the social media giant's new "superintelligence" team. Bloomberg's Kurt Wagner discusses the deal with Caroline Hyde on “Bloomberg Tech.
CNBC's Deirdre Bosa joins 'Money Movers' to discuss Meta's AI recruiting gamble.