Meta Muse Disruption Selloff: Expedia Slides 7.79%, Shopify Falls 3.66%

After-the-fact Expert

Expedia Group and Shopify sold off as investors weighed the possible disruption from Meta’s Muse, which can buy goods online and handle authorized tasks such as booking travel. Reports suggest Muse may pressure travel platforms by helping users book flights and accommodations directly, while Meta says it expects to profit from small transaction fees. The catalyst remains possible rather than confirmed.  For informational and educational purposes only. Not financial advice.  #MetaMuse #Expedia #Shopify #MarketRecap

Transcript

00:00MetaMuse disruption is selling off.

00:03Expedia Group is down 7.79%, Shopify Inc.

00:07Class, a subordinate voting, shares 3.66%.

00:11Here's what's driving it.

00:14Expedia plunged 7.8% today,

00:17as Yahoo reported that Meta's Muse can book flights and places to stay,

00:22raising concerns for online travel sites.

00:25The report also said Expedia,

00:27and several travel peers were falling together.

00:31Shopify fell 3.7% after Yahoo reported that an image showing MetaPay

00:37alongside ShopPay drove selling.

00:40Following the travel stock decline,

00:42this extended the concern into payments,

00:45although Rosenblatt said the image didn't appear to threaten Shopify's payments business.

00:51The full recap compares this move with the rest of industrials.

00:55Tap the related video.

00:57Tap the related video.

00:57You

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