Bank of America analyst Wamsi Mohan issued a note saying Meta's Muse AI agent, now nearing two weeks atop the US App Store, shows how third-party AI agents could bypass Apple's ecosystem for product discovery, referrals and transactions. Mohan kept a 'Buy' rating and $370 price target on Apple shares, which fell more than 2.5% on the day of the note. Muse has reportedly reached over 3.4 million downloads and integrates commerce partners like Shopify, Shop Pay, Expedia and PayPal.
9to5mac.com
· 2026-09-30
Bank of America Institute analyzed credit card transactions through August 2026 and found overall hobby spending up 7.9% year over year, growing faster than transaction volume. Older millennials spend nearly $220 per person monthly on hobbies, more than Gen X and Baby Boomers (both around $200), while Gen Z spends about $100 and younger millennials just over $140.
entrepreneur.com
· 2026-09-28
Brent crude climbed past the $100-per-barrel mark amid escalating US-Canada trade tensions, while Apple prepared to hold its annual product event, expected to unveil its first foldable iPhone. The event also marks the public debut of John Ternus, who recently took over as Apple's CEO, with analysts watching for potential price increases across the product lineup.
cnbc.com
· 2026-09-09
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