How Muse Boosted Meta’s Market Cap by Billions
Meta’s stock surged 11.3% to $741.25 on Monday, adding $192 billion to its market cap after analysts highlighted the potential of its new Muse AI agent. Evercore ISI’s Mark Mahaney called the tool “a hit,” noting its rapid adoption and implications for Meta’s revenue streams. The climb followed Muse’s record-breaking downloads, which reached 2.8 million … Read more