“Josh’s Worst Call This Year | WAYT”
Meta's Muse app launch drove a 28% stock surge and raised analyst earnings estimates by 20-25x multiples, signaling a major positive shift in valuation.
Finally, Meta has launched something people have been wanting in the field of artificial intelligence, and it has literally sparked a massive surge in the stock prices of many technology companies.
On September 8, which I believe was a Friday, Meta launched the Muse app, immediately integrated it into WhatsApp, and rolled it out widely, including to Instagram and Facebook, reaching a large audience.
They also advertise it during NFL games , which is very expensive. They invested in it with all their might. And I think this may be the most important event for the company since the launch of Reels, when they said: "No, TikTok will not win. We will win. Here is our product."