Meta Platforms (META) is building fresh momentum around its artificial-intelligence strategy, with several announcements giving investors more evidence that its heavy AI spending could translate into new products and revenue streams. Today, Meta expanded its Muse AI agent to small businesses, allowing it to connect with Shopify, QuickBooks, Stripe, Canva, Slack, Zoom, Facebook and Instagram business accounts and other tools to help owners manage operations, analyze performance, create campaigns and find customers. Meta says most Muse functionality will be free, while heavier users will have access to paid subscription plans. The move follows yesterday’s introduction of the Meta Enterprise Platform, which will bring Muse, Meta Business Agent, Muse API and other AI tools to businesses and developers. Muse is also gaining early consumer traction, with Sensor Tower estimating roughly 2.8 million downloads during its first two weeks.

Meta is also expanding Muse beyond software. At last week’s Connect event, the company announced that Muse is coming to its AI glasses, unveiled the pocket-sized Muse Charm, and expanded its AI-glasses lineup, further tying its hardware strategy to its AI ecosystem. The chart supports the bullish fundamental story. META remains above its rising 8-, 21- and 55-day EMAs, while ADX at 42.76 shows a strong established trend and +DI at 29.86 is well above −DI at 13.01. PPO remains positive, relative strength versus the S&P 500 is strong, and RSI at 64.56 shows bullish momentum without yet reaching the 70 overbought level. The recent pullback from the high followed by today’s strong rebound suggests buyers are defending the uptrend, keeping the technical bias favorable for a CALL as long as price continues to hold above the short-term moving averages.
Wishing you the best,
Wendy

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