Meta to Introduce Ads on Threads in 2024: Will it Steal Market Share from X?

Meta Platforms is set to introduce ads on its social media app Threads in early 2024, aiming to tap into the lucrative advertising market. This move comes as Twitter, now known as X, struggles to retain advertisers following Elon Musk’s acquisition. While Meta doesn’t expect Threads to be a major revenue driver in the near future, its entry into the advertising space could attract marketers disillusioned with the changes at X.

Snap Inc. (SNAP) Shares Surge on Upbeat Q3 Earnings: Analyst Takeaways

Snap Inc. (SNAP) shares jumped on Wednesday after the company reported positive third-quarter earnings, exceeding expectations on adjusted EBITDA. Analysts weighed in on the results, highlighting factors like strong direct response (DR) advertising growth, the impact of a new simplified app, and continued challenges in the brand advertising segment. Find out what key analysts are saying about Snap’s performance and outlook.

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