JPMorgan, Wells Fargo and Bank of America Slide as Meta’s Muse Sparks AI Fears
Goldman Sachs said AI agents could pressure telecoms, insurers and travel sites as Muse and similar tools make switching providers easier.
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Meta’s new AI agent rattles banks, insurers and travel stocks
Shares of major banks, insurers and online travel agencies slid as investors fear that tools like Meta Platforms Inc.’s personal AI agent could disrupt businesses that benefit from so-called consumer inertia, the tendency to keep buying something out of habit even when a better alternative exists.
Meta’s Muse Drags Down Stocks That Depend on ‘Consumer Inertia’
Shares of major banks, insurers and online travel agencies slid on Tuesday as investors fear that tools like Meta Platforms Inc.’s personal AI agent could disrupt businesses that benefit from so-called consumer inertia, the tendency to keep buying something out of habit even when a better alternative exists.
Goldman Sachs consumer inertia basket falls more than 10% with the advance of AI agents; Meta shoots with Muse, according to Brazil Journal
Meta's personal agent reached 2.8 million downloads in his first two weeks and surpassed ChatGPT among the most downloaded free apps The post Muse of Meta revives fears on Wall Street about the future of digital intermediaries appeared first on .
The actions of the main American banks collapsed on Tuesday, September 22, 2026, while investors begin to assess the impact of Meta's AI on traditional banking. To weigh on the securities is above all Muse, the new personal artificial intelligence agent of the group led by Mark Zuckerberg. Key points JPMorgan Chase lost 3.4%, Wells [...]
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