Can Meta’s Social Media Empire Survive the FTC Antitrust Trial?
From Yahoo Finance: 2025-04-19 10:08:00
Meta Platforms, known for Facebook, Instagram, and WhatsApp, relies heavily on social media for growth and revenue. Despite strong metrics, FTC’s antitrust trial questions Meta’s dominance and acquisitions. Meta’s Family of Apps unit generated $47.3 billion in Q4 2024, with 3.35 billion daily active users and $14.3 ARPPU. The trial outcome could reshape Meta’s future in social media. Wall Street analysts give META stock a Strong Buy rating with a $715.3 price target.
Read more at Yahoo Finance: Can Meta’s Social Media Empire Survive the FTC Antitrust Trial?