Meta (NASDAQ:META)'s new app, Muse, ranked third on the US App Store within two days of its launch, leading JPMorgan Chase to upgrade Meta's rating to "Overweight." Muse requires users to provide sensitive information such as email, calendar, and payment credentials. Meta incurred $2.4 billion in legal expenses in Q2, and analysts believe consumer trust is its biggest challenge. Additionally, Meta's Q2 free cash flow dropped from $8.55 billion to $784 million, and it set full-year AI infrastructure capital expenditure guidance at $130 billion to $145 billion.