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Bank of America Says Meta Could Beat Revenue Forecasts as AI Boosts Ads, Despite $10 Billion Legal Charge
Ibtimes.com.au·October 16, 2026·1 min read
AI Summary
Bank of America expects Meta's third-quarter revenue to exceed forecasts as AI improves advertising performance, but a one-time $10 billion legal charge is set to hit earnings.
From the source
Bank of America expects Meta's third-quarter revenue to exceed forecasts as AI improves advertising performance, but a one-time $10 billion legal charge is set to hit earnings.
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