Why Is Meta Stock Up Today?
Meta's new AI model is the reason its shares are rising. The bigger question is whether its costly AI push can produce products people actually want.
Overview
Meta Platforms Inc. (NASDAQ: META) stock is up 3.7% as of 3:17 p.m. ET on Thursday, Sept. 3, 2026, after the release of its Muse Spark 1.3 AI model.
The S&P 500 and Nasdaq Composite were up 1.1% and 1.5%, respectively.
Details
Meta released Muse Spark 1.3 late Wednesday, the newest iteration of its AI model. The company says it is better at coding and at agentic tasks -- work that AI can do work with less human help.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.