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Impact on retail stocks following the debut of AI shopping agent Muse

CNBC ·

COST Costco Wholesale Corp
$947.92 +0.60%
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  1. 1Meta Platforms shares have risen more than 17% since the launch of Muse.
  2. 2Planet Fitness shares have fallen nearly 12% from the Muse launch to Thursday's close.
  3. 3TJX shares have risen nearly 8% from the Muse launch to Thursday's close.

So what's the key point?

Meta Platforms released an artificial intelligence shopping assistant. Following this news, TJX shares rose while Planet Fitness shares fell.

Source CNBC · View original ↗

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