Meta closed at $741.25 on Monday, up 11%, after Wells Fargo raised its target to $796 on early demand for Muse, the new AI assistant that went to #1 on the US App Store.
That's over $190 billion of market value in one session.
For scale, all of Disney is worth about $180B. PepsiCo ($177B) and McDonald's ($175B) are smaller too.
Is one AI product launch really worth a Disney, or is this just how the AI trade works now?