Meta Shares Jump 11.4% After Wells Fargo Lifts Price Target to $796

Meta Platforms' new AI agent Muse is teaming up with Shopify to help and enable consumers to complete online purchases, a partnership that lifted Shopify's stock. The deal allows Meta's personal AI agent Muse to complete purchases on behalf of users, according to a report in the Journal. Yahoo Finance Tech Editor Dan Howley, who tested Muse himself, said the agent walked through the full buying process for a video game on Nintendo.com, though he noted it takes infinitely longer than purchasing directly. Amazon said absolutely not and cut off Muse, as it has other AI agents before, because shoppers on its site often make impulse purchases they would not make through an agent. Howley said the partnership is great and grand for Shopify, and for investors it is proof that Meta's strategy appears to be starting to pay off, with ads, subscriptions and the Meta One service as potential revenue paths.

SpaceXAI's Grok Bot has surpassed 400,000 users barely a month after launch, reaching 418,000 users as of September 14, up 24% in a single week. The enterprise-focused agentic-AI tool launched in mid-August and is designed to complete tasks across different apps and file types, positioning SpaceXAI to gain traction beyond the consumer chatbot market. The milestone arrived alongside Monday's release of Grok 4.7, which SpaceXAI describes as its most capable frontier model yet for coding and knowledge work. Meta Platforms' competing Muse agent, aimed more directly at consumers, recorded about 730,000 downloads in its first 10 days following its September 8 launch and reached the No. 1 position among free apps on both Apple's U.S. App Store and Google Play. SpaceXAI offers Grok Bot as a standalone application and through multiple AI subscription tiers, giving it several potential routes to convert adoption into recurring revenue.