Meta’s Muse launch, Josh is wrong on Netflix, internals weaken, 10-year bonds at 5%, Buffett steps away

Josh Brown (0:15)

Yeah, we're back, I haven't, I haven't done the show with you in, I think it's three weeks, right? Because last week, we were in Future Proof.

The week before, I was with a back injury, and you had Charcade and Matt, and Sean. And then, so the week before that, so it's August.

Michael Batnick (0:36)

Nothing's happened since then, really. Nothing at all.

Josh Brown (0:40)

Everything has happened. All right, well, I missed the show. This is like one of the highlights of my week every week. So guys, we're pre-taping, it's Tuesday morning. I am doing a thing at the University of Miami later today, which prevents me from being live.

But those of you in the live chat, thank you for coming for the premiere. And we appreciate seeing you guys do that every week.

Michael Batnick (1:06)

But we're live, like we're live.

Josh Brown (1:07)

Yeah, like you and I are live together.

Michael Batnick (1:09)

Literally, we're doing it.

Josh Brown (1:11)

Feel great.

Michael Batnick (1:12)

Well, actually, I don't feel great.

I did not like seeing Jackie's knee go sideways last night. That sucked.

But it sounds like we avoided a catastrophe. And you know what? Who cares, the Knicks are champions. I'm still running high, I don't care.

Josh Brown (1:23)

I was going to say I'm already pivoting to basketball.

Michael Batnick (1:25)

Yeah, it's okay.

Josh Brown (1:26)

I sent my Giants friends a text last night. I might not be watching for the next two or three weeks, so don't even bother.

Michael Batnick (1:33)

Yeah, Jameis was a tough watch.

Josh Brown (1:36)

Yeah, I don't think I can watch that again. All right. This is What Are Your Thoughts. For those of you tuning in for the first time, this is America's favorite investing and markets livestream. We try to get to the biggest stories or the ones that we feel we have the most interest and take on. We cover stocks, bonds, the economy, venture capital, technology, anything that touches the investment portfolio, we're going to chime in on. That's what we do.

We appreciate all of you guys for listening wherever you are and watching. We have a sponsor for the show. Michael, tell us who's sponsoring. What are your thoughts today?

Michael Batnick (2:12)

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Josh Brown (3:14)

What kind of animal is that?

Michael Batnick (3:15)

That's a sloth.

Josh Brown (3:18)

Okay.

Michael Batnick (3:19)

You know, I was a big... It moves different. I was a big animal child.

I enjoyed spending time in the library as a six-year-old. Couldn't get enough books about animals.

Josh Brown (3:28)

You were big on animals?

Michael Batnick (3:29)

Yes.

Josh Brown (3:30)

All right. Well, let me show you this wild beast. Meta finally launched something that people want in the AI arena, and it has literally ignited an incredible rally for lots and lots of tech companies.

And I think it's going to be a big success. And I think it's going to be a big success. We'll rally for lots and lots of tech stocks. And I don't know, man, I think this is pretty cool. And there are some big takeaways here. I'm gonna share mine and I wanna hear yours. But let's just set this up for people. On September 8th, which I think was a Friday. Meta launched Muse. And immediately incorporated it into WhatsApp. Put it all over Instagram and all over Facebook and got it in front of a lot of people.

They're advertising it on NFL games, which is not cheap. They're going all in on this thing. And I think it could be the most important company event since they came out with Reels, where they said, nope, TikTok is not going to win. We're going to win. Here's our product. So the stock was $578 a share to open up September. It's now like $740, $750. So that is $163 per share in all three weeks. It's up 28% month to date.