

Meta Platforms: The Future of Zuckerberg's Empire (AI, Smart Glasses, + More) With Rihard Jarc (Ticker: META)
21 snips Dec 4, 2024
Rihard Jarc, a company expert and CIO of New Era Investments, delves into Meta Platforms' impressive stock surge and core business dynamics with Facebook, WhatsApp, and Instagram. He discusses Instagram's evolution in the face of TikTok's competition and the role of artificial intelligence in monetization strategies. The conversation also highlights Meta's ambitious subsea cable initiative to expand global connectivity and prospects within the Metaverse. Jarc shares insights on the company's strategic investments and future market outlook.
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Meta's Stock Surge
- Meta's stock surged 500% due to a combination of market over-negativism and the company's strong execution.
- Investors initially worried about iOS privacy changes, TikTok's rise, and Metaverse investments, but Meta addressed these concerns.
Facebook's Continued Relevance
- Facebook's user growth remains healthy, driven by international markets and features like Marketplace and Groups.
- While its growth has stabilized in the West, it continues to expand in other regions.
WhatsApp's Monetization Potential
- WhatsApp's monetization was delayed because Meta's other platforms were thriving.
- Its potential lies in leveraging LLMs for business-customer communication, targeting the half-a-trillion-dollar call center industry.