Global Edition
Global Edition
UK Edition
EU Edition
US Edition

Verilumia

The Daily Verified Briefing

Markets

Meta shares rise 6% after report of AI cloud business

Published 1 July 2026

Shares of Meta Platforms surged on Wednesday following a report that the company is building a cloud infrastructure business to sell its excess artificial intelligence computing power and models to outside customers. The stock jumped roughly 6% in premarket trading, with gains holding into the morning session.

© 2026 Verilumia Ltd. All rights reserved.

Verified, fact-checked news you can trust.

0:00 / 0:00