With little positive news to sink their teeth into, stocks have struggled lately. But Meta Platforms Inc. (META) bucked the trend after launching Muse AI. The standalone chat-bot can send emails, book travel plans, and keep working even when you've exited the app, observes Amber Kanwar, host of the In the Money with Amber Kanwar podcast.
Global oil prices are sitting at $100 per barrel, while US WTI just advanced for the seventh day in a row. That’s stoking inflation fears. The pain is acute in Europe, with indices recently down another 1%-2%.
(Editor’s Note: Amber will be speaking at the 2026 MoneyShow Masters Symposium Toronto, scheduled for Sept. 24-25. Click HERE to register.)
As for Meta’s Muse AI, where do I sign up? Analysts are generally positive especially given the stock's underperformance. Meta was down 7% heading into the announcement this year, compared to the 13% rise in the S&P 500 Index (^SPX).
Investors have been anxious about the magnitude of Meta’s AI spend without seeing a corresponding return. Muse AI offers that potential return. I own shares of Meta.
Mizuho Securities analyst Lloyd Walmsley said: “We believe Meta’s Muse consumer AI agent marks the beginning of a substantial product cycle for Meta that is not priced into shares.”
