Bank and insurer stocks fall as Meta's Muse AI agent tops App Store

Shares of major banks, insurers and online travel agencies dropped this week after Meta's new AI agent Muse climbed to the top of Apple's App Store. Growing usage of the app fueled fears that personal AI tools could disrupt businesses that rely on consumer inertia.

• Meta's Muse AI agent reached the top of Apple's App Store
• Bank, insurer and travel agency stocks fell this week
• Fears grow that AI agents will erode consumer inertia