By Yiannis Zourmpanos Meta's Q3 2024 revenue grew 19% YoY to $40.6 billion, driven by strong ad performance across Facebook, Instagram, and WhatsApp. * Ad revenue reached $39.9 billion, increasing 19% YoY, boosted by AI-driven ad targeting and improved ad impressions. * Net income rose 35% YoY, with ...
Business Magazine
AI Powers Meta’s Strong Q3 Growth: Profits Soar
Posted on the 15 November 2024 by Phil's Stock World @philstockworld
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