US Stock Market Move | Muse's user retention level approaches ChatGPT; Meta (META.US) rises over 3% in early trading.
On Monday, Meta (META.US) bucked the trend in early trading, rising over 3% and now standing at $743.68.
On Monday, Meta (META.US) bucked the trend in early trading, rising over 3% to $743.68. The move follows news that Meta's personal AI assistant Muse is retaining users at a level close to ChatGPT. According to Sensor Tower data cited by Silicon Valley venture capitalist Deedy Das on X, Muse's 7-day return visit rate exceeds 30%, essentially on par with ChatGPT; its 14-day retention rate is 22%, slightly below ChatGPT.
BNP Paribas analyst Nick Jones said the product still needs to prove it can sustain user engagement and clarify its monetization path. Jones remains bullish on Meta with a target price of $885, implying 23% upside from $720.90 on October 8.
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