Meta’s stock surged more than 3% on October 12 after the company released its Muse Wonder frontier large language model, with CEO Mark Zuckerberg stating Meta has reached parity with OpenAI and Anthropic on advanced agentic capabilities. Strong early metrics for the Muse AI agent—73% Day-1 retention and rapid downloads—reinforce trader confidence that Meta can monetize consumer AI alongside its core advertising platform. Heavy 2026 capex guidance of $130–145 billion continues to fund data-center expansion, while Q3 results due after market close on October 21 remain the next key catalyst. Analysts maintain a Moderate Buy consensus with price targets clustered near $800, though any post-earnings reaction to spending levels or guidance could swing sentiment quickly for the week.