Meta的Muse应用发布推动股价飙升28%，并将分析师盈利预期上调20-25倍，标志着估值出现重大积极转变。

Finally, Meta has launched something people have been wanting in the field of artificial intelligence, and it has literally sparked a massive surge in the stock prices of many technology companies.

On September 8, which I believe was a Friday, Meta launched the Muse app, immediately integrated it into WhatsApp, and rolled it out widely, including to Instagram and Facebook, reaching a large audience.

They also advertise it during NFL games , which is very expensive. They invested in it with all their might. And I think this may be the most important event for the company since the launch of Reels, when they said: "No, TikTok will not win. We will win. Here is our product."

The stock price was $578 at the opening of September, and has now reached around $740 or $750. That's an increase of $163 per share in just three weeks. This represents a 28% increase since the beginning of the month.

In short, Meta added between $400 billion and $450 billion to its market value in three weeks. This is the largest value growth in a single month in the company's history.

So, this is a huge shift in Meta's trajectory. I want to show you how quickly the situation can change. Here is this 18-month chart. Since this time last year, when the stock price peaked, we have seen a series of consecutive declines .

Meta was stuck in a major downtrend and was caught in a trap of questions : Is the company spending too much on capital expenditures? There is no return on investment. Is this Metaverse Part II?

And now, as you know, Meta's performance is outperforming , and it happened almost overnight.

For me, the most important takeaway from a $1.4 trillion stock approaching $2 trillion in three weeks is the wide range of implications of this massive development in AI trading .

Because we've been discussing this over the summer, the stock is very bad . Technically speaking, it appears to be completely collapsed. It's in a gray area. After the conference call, they did not reassure anyone about the direction of the company.

It seems like a huge expense. The low price-to- earnings ratio appears to be justified. So, the situation was more like investors giving up. I think Meta's stock was trading at 16 or 17 times its projected earnings, which seems crazy.

But do you know? I asked this question, and so did everyone else. I didn't want the stock to trade at 16 times earnings because the concerns, as I mentioned, seemed perfectly reasonable.

I was not drawn to the evaluation because of the surrounding doubts. And now we have this potentially game-changing app, which will soon be available on the app store. I believe it has been ranked number one since its release, or that it is among the top five apps.

It seems that it will bring about a qualitative shift. I don't know how much his new potential revenues are, which are estimated at tens of billions of dollars, but nobody knows. This is why the stock is revalued in this way.

I know that some analysts are raising their expectations because they know how adept Meta is at making a profit from its products. Perhaps this is the one thing they excel at globally.

It's not just about launching products; they are really good at making profits. Therefore, I see some earnings estimates rising, as well as earnings multiples. I saw one analyst this week raise his earnings forecast by 20 to 25 times.

This may not seem like much, but simply put, this product represents a 20% increase in the profit multiplier that people are willing to pay. As you know, some of this is just a narrative, but some of it is more like: Here is a new phase in the business that no one expected, no one was optimistic about, and now suddenly everything has to change.

This, in my opinion, is an important conclusion.

The other question for me is: when will we all stop betting against Mark Zuckerberg? Will we ever learn the lesson? How many times has the consensus said, " Well, he really did it this time.

Now he's in trouble." How many times can you remember it instantly? The shift to metaverse is the most prominent and obvious example. But I remember when the company was about to go public.

Yes, they do n't have a mobile app. Yes, it's a website dedicated to computers in the world of mobile phones. They are completely finished. They cannot reinvent...etc. Oh, now they're paying a billion dollars for Instagram.

I love this. When will we stop betting against this young man ?

Zuckerberg has excelled at every step of the way from the time he met Peter Thiel until today. But we will never stop betting against him because no company gets a second chance.

Because the stock market is a cold place. It doesn't matter what you did. It matters what you do and what investors expect from you. I reject the idea of when we will stop betting against them, because they were in a bad position six months ago.

Yes. If we had known that the music would be released, we would have been excited, but we did not know because we could not have . They appeared to be heading to the left. Now they are moving to the right, and everyone is optimistic, and that's what I like.

This is what makes the stock market so exciting .

Yes, OpenAI has a personal assistant that will be launched in the last quarter of the year, and a billion people will try it immediately. I feel that this particular product does not have a real competitive advantage, because the cost of switching to it is zero.

It is fully integrated into your technical system. He knows me, it doesn't matter! It knows your Gmail email address and your social media accounts. It's very easy. It's a product available to everyone.

Yes. This is a competitor that has huge financial resources, does not hesitate to continue investing until it offers the best product on the market, and does not hesitate to spend on marketing and advertising outside its platform.

Watching Facebook buying ads during a Monday night football match shows how important this launch is to them. They are not content with simply placing banner ads within Facebook and hoping for the best; they are spending huge sums of money to promote this service.

Someone will own this smart personal assistant, and Mark wants to win. He won't win the LLM wars, will he? He will not necessarily lose if this succeeds, but he will not wage a ChatGPT war.

This is something different. It is something you talk to and it performs tasks on your behalf . Not just for asking questions.

Muse became the number one free app on the Apple iOS App Store and Google Play Store as of yesterday. It is available to people aged 18 and over. So, don't forget all your game downloads.

For adults, it's number one. It was downloaded 902,000 times in the first six days.

Well, I would say it was an immediate success. The Meta AI app was launched and only achieved 773 downloads. His capabilities were not the same. It was completely different. Okay , here's Evercore ISI.

Meta achieved great success with the Muse app. It is tangible proof of the success of product innovation. This is proof that Meta's $ 200 billion investment in artificial intelligence has not been in vain.

This is Mahani and his team. User trends, they say, point to a potentially very large new engine for meta use and user interaction, which may bring, they say, large new opportunities for monetization, from ads, subscriptions, and a share of transaction revenue, etc. Therefore, it is extremely important.

Muse maintains a secure virtual machine for each user. This device manages browser sessions, so-called tool calls ( where you enter a request and it must call a specific tool), as well as sandboxing, and all kinds of operations performed by CPUs in AI applications .

At the same time, there was profit being made through Reels, which is artificial intelligence; there was some profit, but now nobody is talking about it. $50 billion in profit, but nobody talked about it.

What about this? The stock is priced at $750, and will reach $1,000 next year, and I will not own it. Fools like me were shouting at them to start renting out their computing resources. correct?

For example, "Give us the revenue now." correct. They may not need to do that anymore .

We see companies like Apple, Nvidia, and Meta , all at the same time, reorganizing their positions. It is clear that Meta appeared suddenly.