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Investor bets millions on Intuit calls despite Meta's AI threat and stock drop.

Market News
02 Oct 2026
24/7 Wall Street
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Neutral
Investor bets millions on Intuit calls despite Meta's AI threat and stock drop.

Jim Cramer highlighted companies vulnerable to Meta's new AI platform, Muse for Small Business, but notably excluded Intuit, which is a launch partner integrating QuickBooks into Muse. Intuit's stock has dropped 58% in the past year, yet investors recently bought millions in short-dated call options betting on a rebound. Meta's AI push is seen as a threat to some consumer-facing companies, but Intuit's partnership with Muse may offer it a competitive edge. Traders will watch if Intuit's stock rises enough to make these bullish bets profitable before the October options expire.

Meta Platforms trades at USD 727.78 with a slight 0.25% gain on Pluang as of Oct 03, 2026 02:21 WIB, showing steady investor interest despite mixed market sentiment. Intuit, despite a 58% drop over the past year, is priced at USD 280.96 and down 0.64% on the day, with 31% of Pluang orders buying the stock, reflecting some bullish bets possibly linked to its AI partnership with Meta. This dynamic highlights how Meta's AI developments continue to influence trading behavior in related tech stocks.

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