Advertisers' positivity on Meta's momentum aids the advertis...
Advertisers' positivity on Meta's momentum aids the advertising spending trends. Evercore ISI analyst Mark Mahaney believes that 2021's headwinds have transformed into tailwinds, envisioning the efficiency drive extending beyond a year assuming Meta can control expenses. The company's significant investment in AI for content and advertising targeting is also noteworthy.
Meta Reports Earnings Today. Watch for the Story in Ad Revenue
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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