Cathie Wood's Ark buys $17.3M of Meta as Muse tops App Store

Ark reversed its Meta selling after Muse's App Store climb; Q3 earnings land October 21.

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- Worth about $17.3 million at the latest trading price near $762.50.
- Came a week after Ark sold 24,299 shares on October 8 and 12.
- Meta shares are up roughly 17% over the past month and 15% year to date.
- Muse reached the top of the App Store ahead of ChatGPT after its September launch.
- One Deutsche Bank analyst sees the agent generating ~8% of Meta revenue by 2030, about $36B.
- Meta is also developing an open "personal agent protocol" with Walmart and Stripe, per CNBC.

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