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Meta reportedly projected 10% of 2024 sales came from scam, fraud ads

1. Meta projected $16 billion in 2024 sales from scam ads. 2. About 10% of its total ad sales may involve fraudulent content. 3. Company reported $164.5 billion in overall sales for 2024. 4. Meta's 2024 expenses rise due to AI investments. 5. Concerns exist about impact if fraudulent ads are removed.

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FAQ

Why Bearish?

The revelation about high 'scam ads' may provoke regulatory scrutiny. Historical examples show negative investor reactions to similar news about ad practices.

How important is it?

High focus on fraudulent ads raises investor concerns about ethical practices impacting future revenues.

Why Short Term?

Immediate investor sentiment could shift due to compliance risks and potential backlash. Previous instances of ad-related scandals have affected stock prices swiftly.

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