META Muse's Game Changing Effects for Stock, Greater AI Trade

By Schwab Network

Community Score: 50% | 5.7K views | 3w

0 community ratings: null thumbs up, null thumbs down

The Nasdaq-100 (NDX) hitting an all-time high, paired with the release of Muse AI from Meta Platforms (META), shows that the AI trade is back, according to Ben McMillan. For Muse in particular, he believes the AI agent is a strong product because it allows Meta to hit its audience directly. The launch faces sentiment headwinds as opinions on AI data centers hit an all-time low. Ben doesn't see the developments as a death knell for the trade, just a sign that investors will be more careful in picking tech stocks. The 10-year Treasury yield climbing above 5% once again also pins equities short-term. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset