Meta shares rose 5% on revenue growth and bets on AI agent Muse
Meta reported revenue growth of 26% to $64.6 billion and net income of $9.86 billion for Q3. Shares rose 5% in after-hours trading. The company is betting on the AI agent Muse, which already has more than 10 million users in the US and Canada, but for the first time since 2012 free cash flow turned negative due to AI spending. The quarter was also marred by large legal payouts.
Javlon Tursunov
















