META - Booming Advertising Business and Growing User Numbers Propel Social Media Giant, AI Offensive Gaining Momentum!

Business Driver: META (META) is by far the leading social media company with WhatsApp, Instagram, and Threads. Recently, the number of daily active users worldwide increased by 5% to 3.35 billion. Thanks to booming advertising revenues, META can continue to invest in the expansion of its cloud and data center infrastructure needed for AI applications and advance the development of new smart glasses like the new generation of Ray-Ban Meta AI Glasses, in collaboration with Essilor/Luxottica. On January 29, META surprised with very strong Q4 numbers....