Why Meta Platforms Stock Keeps Going Up
Muse AI agents could be a $50 billion business for Meta, says Raymond James.
Overview
Meta Platforms (NASDAQ: META) stock exploded higher Friday, soaring more than 11% as its new "Muse" artificial intelligence agent began gaining momentum. Aside from a brief pause Tuesday as a few investors took profits off the table, the stock's gone nowhere but up since then, including a 3.1% gain through 11:35 a.m. this morning.
And Wall Street analysts are pretty sure they know why.
Image source: The Motley Fool.
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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.