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Meta closed up 3.38% after launching Muse Wonder while the Nasdaq fell. TIKR data shows the 31.9% rally since June came from a higher multiple, not higher estimates, and Wall Street’s mean target has drifted lower. October 21 has to show the paid products gaining traction.
Meta Platforms Inc. NASDAQ:META is building early traction around its Muse AI platform, but BNP Paribas analyst Nick Jones says the product still needs to prove sustained engagement and a clearer path to monetization.Jones maintains a positive view on Meta with an $885 price forecast, implying 23…
Key TakeawaysAn estimate shared by Daytona CEO Ivan Burazin puts Meta’s Muse at 65,000 CPUs and 75PB of DRAM, about $2. 8 billion of infrastructure, for every 100 million users.