META 在 Muse 成功发布后以有利姿态进入财报季：广告收入预计表现良好，股价较低点上涨 35%，但较高点回落 9%。关键在于管理层将 Muse 日活用户从 200 万至 300 万进一步扩大的计划，以及不断上升的资本开支是否会在短期内压制股价。

looking at the one-year chart of the Meta platform. Shares have fallen 9% since hitting a 52-week high in late September. We have seen quite a significant rise due to the success of its Muse platform.

We are currently trading 2% higher before the release of this report. So, there's not much pressure on Meta , but if this is any indication of capital spending and evidence of monetization , what will they say tonight?

I really think that this is one of the most interesting events in the entire market. Because just 3 months ago, everyone was questioning this AI spending without a clear strategy versus investment.

Now, looking at today , the Meta Muse launch has been extremely successful and has reached number one in the App Store , as well as Meta Wonder , which is competing directly with Office 6 and Fable 5.

So, I think the revenue from advertising will be good, but what we're mainly worried about is what Zuckerberg and his team say about these two new AI products. But honestly, on a larger scale , considering the launch of Meta Muse , their number of daily active users is still only 2 to 3 million.

Think of products like Facebook, Instagram, WhatsApp, and Messenger, which have 3.6 billion daily active users. I really want to hear how they will scale this product so that when they eventually make money from it, they will have enough users and usage rates.

Right, because they clearly have the ecosystem from which they can leverage these capabilities to reach those users. Well, you know, to see the success of it, I mean, when you open the apps you mentioned, a suggestion comes up asking if you want to see the news? So let's see what they say about this.

If Meta continues its momentum , this could be a major turning point for AI commerce.

Do you think this could be a problem for a company like Meta ? Are they providing any updates on new capital raisings, how closely are you monitoring that ? This creates a kind of limit on the price of the metal's shares in the short term.

Yes, the discussion you mentioned about Muse and what they're able to do with that platform is clearly a catalyst for growth. What else could boost this stock tomorrow and help the recovery we're seeing in the overall tech market ?

Yes, I would also like to hear some updates about the Meta Wonder API. If we find out that corporate use of MetaWonder is moving towards OpenAI or Anthropic, that is also a huge revenue opportunity that I think hasn't been discussed as much as Muse.

The Wonder model is performing on par with the best models in its class.

consider the context that the stock is up about 35 percent from its lows earlier this year. The surge that has been seen since Muse's departure in early September is essentially driving all kinds of emotions.

We have seen analysts raise their price targets from $9 per share to $900,000. But now you need to look at capital expenditure (CapEx). Will they continue to increase spending, as Mark Zuckerberg has said they will continue to spend? Could this dampen investor excitement a bit ?

AI Muse Companion has crossed the milestone of 10 million downloads in the United States within its first 40 days. The issue came up in the sensor tower data today.

Yes, momentum is upward, but we pulled back a bit in the early days of this week and we have been on a downward trend since the beginning of October.

It's still $700 a share, right? So, that is also a consideration here.

And as you said, the situation looks quite favorable ahead of the earnings report after that big rise in September. Even though we're down to like 9 percent ? Obviously, the news is the main attraction here.

Thank you very much. We see that Meta shares are now trading up more than 2 percent.