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Barchart
Barchart
Wajeeh Khan

META Stock Pops as Meta Platforms Launches AI Image Model

Meta Platforms (META) stock closed higher on July 7 after the company launched a new artificial intelligence (AI) model for creating images called Muse Image.

Additionally, Erste Group analyst Hans Engel upgraded the Facebook-parent to “Buy,” citing its aggressive AI investments that he believes will translate to improved top- and bottom-line growth over time.

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