META would be a very good buying opportunity if it comes back below 700, particularly below 650 or less; earnings are due within 5 days.
Jump to any passage
It's best to start as we always do with Meta Platforms. We started the week at 741, guys. It's Friday. This is our sixth year of offering this program . I just want to express how much I appreciate you all for following us over the years.
Meta closed the week down more than 4% to end the week at 709.
They launched two new AI models, " Muse Wonder" and "Muse Wonder Full". The company chose interesting and fun names. I think "Wonder" is a model for everyday use, while "Wonderful" has been described as a flagship model that can perform complex real-world tasks just like other flagship models.
And now , the "Muse Wonder" is at a great price, a very low price at least from a comparative perspective . As for "Wonderful," no public price has been revealed for it either.
It also requires a Muse Code subscription, and if you have a Muse Code subscription, you are likely using other AI models as well.
Now, what does this mean? This means that Meta, and two companies whose meeting was not expected, have collaborated this week as Meta and Apple come together to allow developers to run an open- source version of Muse Spark on Mac Ultra Studio machines.
And now, Meta Mews continues to achieve an overall increase in adoption rates . MetaMuse is an app that you can download to your phone, but what they say is that the overall ratings are low.
There was an initial surge in demand for these things. I said this on September 24th. So, we go back in time almost a full month. I said the hype around "Muse" would fade away as quickly as " Open Court".
Platform X is a bubble. No one uses "muse" literally.
Meta Muse is a great product. It works very well, but literally nobody will use it. There will be an initial rush of people to use it. They will assign it some tasks, but ultimately, and I say this often, if you have n't heard me before, I think artificial intelligence is the most underrated tool for ambitious people that we have ever seen.
The problem is that about 95% of society are not ambitious. They just want to clock in at their nine- to-five jobs and then leave and turn on Netflix or have a quiet evening. Oh my God, I wish I could do that sometimes.
But for ambitious people who want to push things to the limit, artificial intelligence is really cool, but the market is very limited there, and it is really a bubble.
When you're on X and when you're on these social media platforms, the other thing you should be aware of is that they've fine-tuned these algorithms so precisely that you think everyone is talking about MetaMuse.
No, the reality is that Twitter, Instagram and YouTube are flooding you with all possible content on this topic. The vast majority of people do not care about it, have no idea what it is, or perhaps they downloaded it once and never opened it again .
We live in a world driven by algorithms, and when you distance yourself and understand how they work, I don't expect these young analysts in their twenties to grasp how they operate.
They think that what they see on the "X" platform or what the YouTube algorithm shows them is what the whole world cares about.
We haven't talked about this in relation to Meta Muse, but one of the reasons for the slowdown in growth, in my opinion, is that everyone is blocking Meta Muse.
Now, Meta will announce its earnings. Oh, wow, within 5 days. I didn't realize that. The company is experiencing a slight decline. I would really, really like to have the opportunity to buy Meta again below 700.
If Meta stock comes back below 700, specifically below 650 or less, I think it would be a very good buying opportunity.
What this channel has said about $META
The Investor Channel has 8 calls on this stock; only the adjacent ones are shown.