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Meta Platforms (NASDAQ: META) shares rise 4.04% as analysts track Muse AI traction, a TikTok ad block, and Q3 pressure from AI costs this month.
On October 13, Eastern Time, Meta Platforms (META) traded around $760, sitting just 2.54% below its recent high of $779.8 and only 4.7% away from its all-time high.
Founded in 2004 as Facebook, Meta operates the world’s largest social media platforms and has heavily influenced the development of the internet over the past two decades through its pioneering use of personal data collection and targeted advertising. Meta’s products include Facebook, image-sharing app Instagram, and…