Tech Update: Snap, Meta Revenue Expected to Disappoint

The video discusses the challenges faced by Snapchat and Meta in the advertising sector. Snapchat's ad revenue is impacted by its young user base and international growth, leading to a significant drop in its share price. This has also affected other companies like Meta and Pinterest. Meta is expected to report a third consecutive quarter of declining sales, with a focus on its shift to the Metaverse and VR technology investments. The video highlights the broader implications for social media companies reliant on ad revenue.

What are analysts predicting for Meta's ad revenue in the upcoming quarter?

What long-term strategy is Mark Zuckerberg expected to discuss regarding Meta?