Meta's Muse Agent Makes Waves: Market Snapshot
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Major banks, insurers and online travel agencies stocks took a tumble this week after Meta’s new artificial intelligence agent, Muse rose to the top of Apple's app store. Increasing usage of the app sparked fears that personal AI tools could disrupt businesses that benefit from so-called consumer inertia. The Opening Trade spoke to guests about whether the latest AI developments are impacting their outlook for stocks and the broader sector amid an increasingly complex AI trade. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connec
Tags: AI, AMD, Anthony Stephens, Anwiti Bahuguna, Bhanu Baweja, Business, ChatGPT, Daniel Morris (Barclays), Economy, Elon Musk, Google, Henry Ren, Laura Cooper, Mark Zuckerberg, Markets, Meta, Meta Platforms, Muse AI, OpenAI, Sam Altman
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