Meta's plan to launch a cloud business eases the biggest overhang on the stock

Jul 1, 2026 - 15:30

0 0

Meta's plan to launch a cloud business eases the biggest overhang on the stock

The stock's struggles in 2026 had been due to concerns about its aggressive AI spending.

What's Your Reaction?

Like 0

Dislike 0

Love 0

Funny 0

Angry 0

Sad 0

Wow 0

Related Posts

Trump administration’s new America.gov chatbot uses AI from Google’s Gemini and Elon Musk’s Grok to answer questions from official government websites, U.S. Chief Design Officer Joe Gebbia said as the site went live.

Trump administration’s new America.gov chatbot uses AI ...

Sep 29, 2026 0 0

Michael Burry says he is moving his timeline up on an AI bubble warning, saying he is “more confident than ever” that the thesis will play out over the next year and that the bubble may burst sooner than he thought.

Michael Burry says he is moving his timeline up on an A...

Sep 29, 2026 0 0

Tech leaders met at the White House for an AI luncheon with President Trump, with Jensen Huang, Elon Musk, Mark Zuckerberg, Sundar Pichai, Jeff Bezos and others listed on a seating chart.

Tech leaders met at the White House for an AI luncheon ...

Sep 29, 2026 0 0

Bashir Chedrawee, owner of Simone’s Kitchen, took 73 employees and plus-ones to Greece for a week, with the company covering over $2,000 per person and absorbing an estimated six-figure hit in lost revenue.

Bashir Chedrawee, owner of Simone’s Kitchen, took 73 em...

Sep 29, 2026 0 0

A New Yorker visited Salt Lake City for the first time in January 2025, spending three days in the city plus Park City and Draper. The trip included ski slopes, luxury hotels and tech offices, along with nine unexpected surprises.

A New Yorker visited Salt Lake City for the first time ...

Sep 29, 2026 0 0

National Economic Council Director Kevin Hassett said the U.S. is still dealing with the impact of Covid-era stimulus spending from Joe Biden’s first year in office, calling it a “big mistake” the country is still working out of.

National Economic Council Director Kevin Hassett said t...

Sep 29, 2026 0 0