Meta CEO Said We Should Get Some Portion Of The Revenue' For Llama Uses, Though It Will Not Be A Large Amount Of Revenue In Near Term -Conf Call
Portfolio Pulse from Charles Gross
During a conference call, Meta's CEO stated that the company should receive a portion of the revenue generated from the use of llamas, although he clarified that it would not constitute a significant amount of revenue in the near term.
July 26, 2023 | 9:45 pm
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Meta's CEO's statement about receiving a portion of revenue from llama uses indicates a potential new revenue stream, although it's not expected to significantly impact the company's revenue in the near term.
The CEO's statement indicates a potential new revenue stream for Meta, which could positively impact the company's financial performance. However, as he clarified that it won't be a significant source of revenue in the near term, the immediate impact on the company's stock price is likely to be neutral.
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