Meta Platforms shares surged 12% to $747.91 following early success of its new Muse AI assistant, which topped Apple's US App Store with over 730,000 downloads shortly after launch. Wells Fargo raised Meta's price target to $796, citing strong momentum from Muse and other AI developments. Meta also announced a new high-capacity subsea cable to enhance global data connectivity, supporting its AI infrastructure. However, Amazon blocked Muse from shopping on its site, highlighting challenges for AI agents accessing third-party platforms. Investors will watch closely at Meta Connect for updates on AI usage and future revenue potential.
Meta Platforms shares are up 12.61% on Pluang, trading at USD 749.08 as of Sep 22, 2026 02:41 WIB. Despite strong gains, most Pluang users are selling, with 81% sell orders versus 19% buy. The stock remains below its 52-week high of USD 778.49 at this time.
Meta's new AI app, Muse, has surpassed ChatGPT in downloads and daily active users during the first twelve days after launch in the US and Canada. According to Appfigures, Muse achieved 1.8 million downloads on iOS compared to ChatGPT's 1.3 million i...
Meta has announced Petal, a new transatlantic subsea cable capable of transmitting data at 1 petabit per second between France and the U.S., expected to be operational by 2029. This cable doubles the capacity of current transoceanic systems without i...
Meta's AI agent Muse, topping the App Store in 10 days, highlights growing demand for CPUs alongside GPUs in AI workloads. Nvidia's new Vera CPU targets this shift, integrating tightly with its AI platforms to capture more server CPU revenue. While I...
Meta's AI assistant Muse has been blocked by Amazon from making purchases on its platform, displaying an error citing violation of Amazon's Conditions of Use. This move highlights a competitive stance as Amazon has its own AI models and may be cautio...
Wells Fargo raised its price target for Meta Platforms from $640 to $796, maintaining an Overweight rating due to strong AI-driven product momentum, especially around the Meta Muse assistant. Meta's recent model releases and increased user engagement...
