META EvercoreISI analyst Mark Mahaney: "Collectively, we believe these announcements signal a strategic shift as Meta is placing agentic AI, wearable computing, commerce integrations, and privacy infrastructure at the core of its next computing platform, while taking a more selective approach to traditional Metaverse and VR products. Muse over Metaverse is a good thing for META investors. What was missing in Zuckerberg's keynote was any specific update on Muse adoption (tho perhaps i

META EvercoreISI analyst Mark Mahaney: "Collectively, we believe these announcements signal a strategic shift as Meta is placing agentic AI, wearable computing, commerce integrations, and privacy infrastructure at the core of its next computing platform, while taking a more selective approach to traditional Metaverse and VR products. Muse over Metaverse is a good thing for META investors. What was missing in Zuckerberg's keynote was any specific update on Muse adoption (tho perhaps it's too early for that) or on traction for Meta Business Agents (which we believe has significant potential based on our analysis and very recent channel checks). We were also hoping for an update on Watermelon, but we only got the statement that it's coming "soon."