Meta Platforms Outperformed 'Magnificent Seven' in September with Strong AI Launch
In September 2026, Meta Platforms (META) outperformed other members of the "Magnificent Seven" tech stocks by posting a remarkable gain of 26%, marking its best monthly performance since 2022. While Nvidia remained a top performer with a 3.4% rise for the month and Apple came in second at +5%, Meta's stock stood out as it had previously lagged behind due to slower AI monetization compared to rivals. Meta’s recent success was driven by its launch of Muse, an AI-powered personal agent built on its Spark family of large language models. The app became the top free iOS application in the U.S., surpassing OpenAI's ChatGPT within five days and achieving 730,000 downloads during that period. This milestone has boosted investor confidence as Meta aims to monetize AI through subscriptions and related services. Meta’s strong social media presence continues to drive advertising revenue, allowing it the financial flexibility to invest heavily in data centers and AI development.
Topics: AI market Magnificent Seven Meta Platforms (META) Nvidia