Meta Rallies as New Muse Wonder Model Heats up AI Race | Closing Bell

Summary
This video is a market close broadcast from Bloomberg Television’s The Close, hosted by Scarlet Fu, Hema Parmar, Tim Stenovec, and Carol Massar on Monday, October 12, 2026. The segment covers the closing market bells, sector movements, top stock gainers and decliners, highlighted by Meta’s stock rally following the launch of its new AI model Muse Wonder, as well as corporate and pop culture news.

What is shown

• [00:28] Major benchmark index dashboard displaying intraday movements for the S&P 500, Dow Jones Industrial Average, Nasdaq, and Russell 2000.
• [01:26] The “Countdown to the Close” clock counting down to the final bell at the New York Stock Exchange.
• [02:11] SPX by GICS Sector pie chart breakdown showing Information Technology down 0.90%, Energy up 1.48%, Consumer Staples up 1.22%, and Health Care up 0.68%.
• [02:38] “In the Green” market leaders graphic showing Meta Platforms Inc. (META), Starbucks (SBUX), and GE HealthCare Technologies Inc. (GEHC).
• [02:49] Intraday price chart for Meta Platforms Inc. (META) as Carol Massar details the release of Meta’s Muse Wonder model.
• [04:05] Intraday chart for Starbucks (SBUX) after denying acquisition talks with Chipotle.
• [04:57] “In the Red” market laggards graphic featuring IonQ (IONQ), Chipotle Mexican Grill (CMG), and LVMH (LVMUY).
• [07:03] Discussion of pop culture stories, including Kelly Clarkson’s dispute with a Brooklyn game store and McKinsey stripping a director’s leadership title over LinkedIn comments.

Claims & numbers

• Market figures: S&P 500 closed down 0.05% (-3.75 to 7,807.79); Dow Jones gained 0.38% (+198.22 to 51,853.17); Nasdaq fell 0.43% (-117.00 to 27,249.17); Russell 2000 fell 0.43% to 2,794.89 (presented by Scarlet Fu).
• Meta Platforms (META): Rose 3.38% (+$24.29 to $742.96 at the close), ranking as the fourth-highest gainer in the S&P 500 and second in the Nasdaq 100 (presented by Carol Massar).
• Muse Wonder release: Carol Massar reports Meta released a new AI model called “Muse Wonder,” described by the company as a major leap over predecessors with “frontier capabilities” suited for personal and professional agentic tasks; it will power the subscription tier of Meta’s personal AI agent Muse and is accessible to developers via the Meta Model API and Muse code.
• Mark Zuckerberg statement: The Financial Times noted Mark Zuckerberg stated Meta has caught up with rivals at the frontier of AI (reported by Carol Massar).
• IonQ (IONQ): Shares fell 9.07% (-$3.62 to $36.27) after agreeing to acquire cybersecurity platform Elicity in an all-stock transaction valued at up to $1.3 billion (reported by Tim Stenovec).
• Chipotle (CMG): Dropped 3.77% (-$1.19 to $30.40) following Starbucks’ public denial of acquisition rumors (reported by Tim Stenovec).
• LVMH (LVMUY): ADR shares fell 2.52% (-$2.15 to $83.23) after reporting Q3 organic revenue that missed analyst estimates due to a slump in its fashion and leather goods division (reported by Tim Stenovec).

Notable quotes

• [02:49] Carol Massar: “The company releasing a new artificial intelligence model called Muse Wonder, which the company claims is a big leap over its predecessors with quote ‘frontier capabilities’.”
• [03:00] Carol Massar: “The company’s AI chief coming out and saying it’s competitive with the best models that are out there, particularly on personal and professional agentic work.”
• [03:23] Carol Massar: “FT also noting that Mark Zuckerberg says Meta has caught up with rivals at the frontier of AI.”

Assessment
This is a standard live financial news broadcast reviewing end-of-day market movements and corporate developments rather than a primary product demo or official keynote. The reporting on Meta’s Muse Wonder model reflects public corporate announcements and press reports without independent technical evaluation or live software demonstrations.

Described by gemini-3.8-flash on 2026-10-13 from the video’s audio and frames.