Mark Zuckerberg Gives Shoutout To Taylor Swift's Debut On Threads, Says 'That One Was A Big Deal In My House'
Portfolio Pulse from Ananya Gairola
Meta Platforms CEO Mark Zuckerberg highlighted Taylor Swift's debut on Threads, a social media platform by Meta, during the company's Q1 financial results announcement. Threads has over 150 million monthly active users, and Swift's presence, with over 9.3 million followers, was noted as significant. Meta's Q1 financial results showed a 27% year-over-year revenue increase to $36.45 billion, with earnings per share of $4.71, beating estimates.
April 25, 2024 | 1:27 am
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POSITIVE IMPACT
Taylor Swift's debut on Threads and Meta's strong Q1 financial results, with a 27% revenue increase and earnings per share of $4.71, highlight the company's positive momentum.
Taylor Swift's significant following and active participation on Threads can potentially drive more user engagement and growth for Meta's social media platform. Coupled with Meta's strong Q1 financial performance, this could positively impact investor sentiment and Meta's stock price in the short term.
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IMPORTANCE 80
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