Meta (META) Stock Soars on Cloud Business Plans
Meta shares surged nearly 9% on reports it may sell cloud computing and AI model access, rattling CoreWeave and Nebius while reviving Zuckerberg's compute comments from May.

Meta shares surged nearly 9% on reports it may sell cloud computing and AI model access, rattling CoreWeave and Nebius while reviving Zuckerberg's compute comments from May.

Meta is building its first Canadian data center, a $9.18 billion facility in Alberta, as part of a massive AI infrastructure push that's rattling investors and Wall Street alike.

Meta plans to sell AI computing power to outside businesses, a move that lifted its stock but sent CoreWeave shares tumbling 14 percent in a single trading day.

Meta's stock jumped after reports it plans to launch a cloud business, turning its AI infrastructure into a new revenue stream. Here's what the numbers say.

Meta shares fell nearly 5% even as reports surfaced of a new cloud unit to sell spare AI capacity. Here is what the price, valuation and RSI reveal.
