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Meta Stock Soars 21% on New AI Cloud Compute Strategy

Motley Fool Read original source (opens in a new tab)
The Story

News Summary

  • Meta shares surged 21% in July, outperforming Magnificent Seven peers, driven by new AI cloud strategy (Meta Compute) to monetize excess compute capacity and massive AI capex spending.
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META price history

670.24 +6.06% over the displayed period

Advisor Snapshot

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