Source: International Business Times
Meta's latest earnings showed revenue growth of 33% year-over-year, supported largely by improvements in its AI-driven advertising systems and increased user engagement. AFP Meta Platforms is facing fresh skepticism on Wall Street after a major downgrade flagged concerns over the company's ability to generate meaningful returns from its escalating artificial intelligence investments. JPMorgan cut its rating on the stock to neutral from overweight and lowered its price target to $725 from $825, signaling limited upside ahead.
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