ILUSTRASI. Stiff competition from TikTok and Apple Inc's privacy changes will remain a cause for concern for Meta Platforms Inc in the near term. REUTERS/Dado Ruvic/Illustration
Sumber: Reuters | Editor: Anastasia Lilin Yuliantina
KONTAN.CO.ID - Stiff competition from TikTok and Apple Inc's privacy changes will remain a cause for concern for Facebook-owner Meta Platforms Inc in the near term.Wall Street analysts said.
At least 10 brokerages cut their price targets on Meta after the company reported its first-ever quarterly revenue drop on Wednesday, highlighting challenges faced by US companies from a stronger dollar as well as worries of an impending recession.
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