Is Meta's just-announced Muse Charm a playful device that will make AI more approachable to everyday consumers, or will it be yet another flop in a long list of AI hardware gadgets that didn't take off, like the AI Pin, Rabbit, or Friend pendant? Reactions, so far, have been mixed.
Threads launched in 2023 as a Meta side-project. Now it has 500 million users.
Meta's smart glasses are the latest in a line of products to raise eyebrows over privacy. That's not stopping other companies from creating similar devices.
Meta Platforms gave several updates on its AI efforts last night that analysts see driving big gains for its business, and its stock.
Meta is preparing to launch a small, handheld device that fits on a keychain and lets users talk to the company's personal artificial intelligence agent, Muse, CEO Mark Zuckerberg said Wednesday (Sept. 23) during his keynote at the Meta Connect event.
Shares of Meta Platforms NASDAQ: META have been on an absolute tear. The stock's closing low in August was approximately $543.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) unveiled the Muse Charm device, Ray-Ban Meta Audio glasses and Meta VR Glasses at its Connect 2026 conference. Apptopia, an app-analytics firm, estimated that Muse had 642,000 daily active users in the US during its first 12 days, compared with 231,000 for ChatGPT at the same stage of its mobile launch.
LightShed Partners analyst Rich Greenfield walked onto Squawk Box Thursday morning with a story that has quickly become the loudest bull case on Meta.
Meta Platforms is positioned for significant upside, with potential for a 40%+ stock price increase over the next 12 months. META's aggressive AI infrastructure investments, supported by $80B+ cash and $100B+ annual cash flow, are seen as prudent and likely to drive future monetization. The stock trades at a sub-24x earnings multiple, with a PEG below 2.0x, suggesting compelling value relative to peers and the S&P 500.
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Meta Platforms, whose new Muse AI agent has driven the stock prices of the tech sector this week, got a price-target boost after showcasing products at its Connect conference on Wednesday night.
Mark Zuckerberg took repeated digs at Apple during Meta's annual event on Wednesday, only to borrow a page from Steve Jobs' playbook for a surprise reveal: a pocket-watch-sized device that carries Meta's viral Muse AI agent into the real world.