Meta Platforms Adds Ads in WhatsApp
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WhatsApp monetization begins, potentially adding $15B+ annual revenue from Meta Platforms, Inc.'s nearly 3B global users. Click for my META stock update.
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24/7 Wall St. on MSNCan Meta Join the Big Tech Dividend Elite?Meta Platforms (NASDAQ:META) is known as a juggernaut in the fields of social media and artificial intelligence (AI). As a dividend payer, however, Meta Platforms is nowhere near juggernaut status. It’s possible that META stock could be a high-yielding dividend stock someday.
Meta Platforms Inc (NASDAQ: META) could potentially generate over $10 billion in annual ad revenue from its WhatsApp messaging service by 2028, according to an analyst.
On Friday, META stock closed at $682.87. If the implications of the 7-3-U sequence pan out as projected, META could hit around $700.56 in short order, perhaps in a week or two. Should the bulls maintain control of the market, the security could easily exceed $707, possibly within two or three weeks.
Meta is adding three ad features to WhatsApp. This represents the company’s most significant monetization push for the messaging platform, which has become a global communication standard across multiple continents.
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The negotiations started as just one billionaire tech founder talking to another. Meta Platforms CEO Mark Zuckerberg approached Scale AI CEO Alexandr Wang in mid-April about a potentially industry-shaking deal.
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