Dear Meta Platforms Stock Fans, Mark Your Calendars for Sept. 23

Facebook parent Meta Platforms (META) is picking up serious momentum, and this time, the excitement has little to do with social media. Artificial intelligence (AI) is taking center stage, and Meta may have another major catalyst waiting in the wings. After months of investor concerns over soaring AI spending and whether those massive investments would translate into meaningful returns, Meta is finally making moves that could help shift the narrative.

The company officially launched Muse this month, an autonomous personal AI assistant powered by the Muse Spark 1.3 foundation model and developed by Meta Superintelligence Labs (MSL), marking a major AI announcement that caught Wall Street’s attention. And now, another potential catalyst could be just around the corner. Citi analyst Ronald Josey has highlighted an upside catalyst to watch ahead of Meta’s Connect event on Sept. 23, where he expects updates on the company’s artificial intelligence products and broader product strategy.