US Stock Market Move | Meta (META.US) rose nearly 4% in early trading, up 35% cumulatively since September.

On Tuesday, Meta (META.US) rose nearly 4% in early trading, up 35% cumulatively since September, now at $767.60. On the news front, Meta launched its latest AI model Muse Wonder on Monday, calling it the most advanced model the company currently uses to power its digital assistant. Unlike some AI features previously offered for free, users need a paid subscription to use Muse Wonder, marking Meta's accelerated push to explore AI revenue sources beyond its core online advertising business. Pivotal Research sharply raised its price target on Meta Platforms from $790 to $930, maintaining a "Buy" rating, implying about 25% upside. Analyst Jeffrey Wlodarczak's core thesis is that Meta's return on AI investments is "coming into view" the Muse personal AI assistant has seen strong early adoption, and the Muse Wonder model has already joined the front ranks following its release.