Meta said during its third-quarter earnings call on Wednesday that its AI app Muse has been adopted by more than 10 million users, confirming estimates released earlier this week by market intelligence firm Sensor Tower. Muse will also play a central role in Meta's smart glasses strategy. Reality Labs, the division responsible for smart glasses, VR, and the metaverse, is still losing billions. However, the division's losses are expected to improve from $19.1 billion in 2025 to $15 billion this year. Beyond ...

on 20-Oct-2026 U.S. Internet Meta Platforms Inc. Rating Outperform Price Target META 800.00 USD 20 October 2026 Mark Shmulik +1 917 344 8508 mark.shmulik@bernsteinsg.com Deeksha Pandey +1 917 344 8447 deeksha.pandey@bernsteinsg.com Wenhuan Chang +1 917 344 8546 wenhuan.chang@bernsteinsg.com Meta: From Facebook to Meta to Muse "If we don't create the thing that kills Facebook, someone else will." Facebook's little red book is chock-full of insights, but this quote stands out. We liked the Metaverse investmen ...