Meta (META.US) Muse Sparks "AI Disruption Trade" as Financial, Insurance, and Travel Stocks Fall Across the Board
Zhito Finance APP has learned that Meta Platforms' (META.US) newly launched personal AI agent Muse is triggering a new "AI disruption trade" on Wall Street. On Tuesday, shares of major U.S. banks, insurance companies, and online travel platforms fell broadly, as investors began to worry that with AI agents able to proactively compare prices, book services, and even handle customer service matters on consumers' behalf, companies that have long benefited from consumers' "unwillingness to compare prices or switch providers" may come under pressure.
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