Meta's new AI agent Muse just became the most downloaded app in the U.S.

Summary

The hosts discuss Meta's AI shopping agent, identified as Muse in the title, which they say quickly became the most downloaded app in the U.S. They connect its reported popularity and shopping partnerships to Meta's stock rally, rising analyst targets, and repeated bullish options activity.

• The hosts report millions of downloads and positive feedback about the agent's ease of use.
• They highlight shopping partnerships with Shopify and Instacart and describe Amazon as a potential competitive loser.
• Meta shares were trading around $769, which the hosts describe as at least a new 52-week high.
• Analysts reportedly raised Meta price targets toward $800–$900.
• The hosts cite repeated unusual call buying since Meta traded around $712, including purchases of tens of thousands of contracts.
• They claim Meta earns fees from shopping-order referrals, comparing the arrangement to Apple's fee model.

1. 0:00

   Meta. Because news, which is their AI agent as we've said, that'll go out and shop and it became the number one download of Apple App Stores immediately, pulling in millions of downloads. Not tens of thousands, not hundreds of thousands,

2. 0:19

   millions of downloads. And so far everybody that I've talked to about it Pete is pretty enthused about what this does very easily for them without having to know all these various steps with some of these other agents that go out and do things for you. Now, I imagine everybody's going to make it easier and

3. 0:37

   easier, but Zuck has apparently really hit a home run with this one and everybody but Amazon thinks it's a home run so far on the shopping side.

4. 0:47

   And like you said, it it it opened what it was 7:44 yesterday Pete, it opened down today and then zoomed up to like you say a new I think all-time high, but at least a 52-week high.

5. 1:00

   >> Yep. Yep, absolutely. I mean 768 was the number. You can see it there. Now it's trading 769.

6. 1:08

   Yeah, a really really nice move to the upside. Like you talked about the the millions of downloads, that's huge. That partnership that they've got with Shopify as well as Instacart is amazing.

7. 1:19

   And then of course you've got analysts out there John who finally are waking up. You know, this has been happening I think to Zuck and Meta for all the way going back to Facebook days where they they they think that he's doing things that are crazy. He's spending too much money. He's doing this. He's doing that.

8. 1:35

   Well, it seems like that's been turning out pretty well for him John >> [laughter] >> on all fronts and everything. I mean he he has gotten so much thrown at him for what well, you're really spending way too much. What are you doing? I mean this is crazy. Now they all pay that kind of money and throw it around. So the analysts are finally starting to wake up to it John and they're saying,

9. 1:54

   "Hey look, Um, going to raise our our targets up there towards 800 to 900 bucks. And here we are today, like I say, we'll just call it 769 as of right now.

10. 2:05

    So, is it uh is it is he doing a great job? He sure is, and he's doing a great job with this AI, as you said, when you think about that that download and and what they're doing, um they are king again. So, it's amazing.

11. 2:19

    >> Yeah.

12. 2:20

    Well, and we had unusual activity, Pete.

13. 2:23

    We had it a couple days ago. And then we had it uh 2 days ago. And then we had it again yesterday. And we've had it since the stock was 712, as you see there on your screen, folks. And Meta today, like Pete said, trading 769 now.

14. 2:39

    Um so, just in a phenomenal That's 25 bucks higher than what you see on your screen even. I mean, just a phenomenal run there. And there was a look at one that just traded 2 days ago or 3 days ago. And then, like I say, there was one yesterday, as well, Pete. And they've been buying tens of thousands of these

15. 2:58

    calls at a time. So, is it over for Meta? Well, not according to the smart money. They just continue to buy, and you can see why. Because they're getting revenue from these AAIA agents, not just, you know, a little revenue.

16. 3:14

    They're taking a spiff, just like Apple does, Pete, for handing off these orders [music] and so forth. It's pretty interesting.

Transcript from the show's YouTube captions; automatic captions may contain errors. Educational content, not investment advice.