Today: 10 July 2026
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Cloud Computing 12 June 2026 - 1 July 2026

Meta Platforms (NASDAQ:META) cloud report sends shares higher, weighs on CoreWeave (NASDAQ:CRWV), Nebius (NASDAQ:NBIS)

Meta Platforms (NASDAQ:META) cloud report sends shares higher, weighs on CoreWeave (NASDAQ:CRWV), Nebius (NASDAQ:NBIS)

Shares of Meta Platforms rallied Wednesday following a Bloomberg News report that the Facebook owner is planning to launch a cloud service, selling extra AI computing power. That move could help address investor concerns about high AI costs by adding a new source of revenue. Reuters, quoting the Bloomberg story, said it could not verify the report, and Meta did not reply to a Reuters request for comment.
Amazon gains $80 billion as AWS GPU prices top Prime Day sales

Amazon gains $80 billion as AWS GPU prices top Prime Day sales

Amazon.com, Inc. heads into Tuesday’s New York pre-market with shares gaining about $80 billion in equity value on Monday. This comes as its Prime Day sales event generated $26.4 billion in U.S. online retail spend. Nasdaq’s regular session was still closed at press time. Pre-market runs 4:00 a.m. to 9:30 a.m. ET, with regular trading 9:30 a.m. to 4:00 p.m. ET. There’s no June 30 closure on Nasdaq’s 2026 holiday list.
Nebius (NASDAQ:NBIS) in focus after Vineland power test, CoreWeave (NASDAQ:CRWV) shows live AI capacity

Nebius (NASDAQ:NBIS) in focus after Vineland power test, CoreWeave (NASDAQ:CRWV) shows live AI capacity

Nebius Group rolled out Nebius AI Cloud 3.6 on Wednesday, adding an infrastructure-control agent, more security, and better storage for production AI workloads. The Amsterdam-based firm announced the new software release, but the main question for investors stays the same: how quickly it can turn its contracted power into running AI capacity.
Cerebras (NASDAQ:CBRS) heads into tighter margin territory post-Q1 beat as AI cloud shifts

Cerebras (NASDAQ:CBRS) heads into tighter margin territory post-Q1 beat as AI cloud shifts

• Cerebras posted first-quarter revenue of $193.4 million, jumping 94%. Cloud and other services brought in 178% more than a year ago.• The company projected core gross margin in the second quarter at 36% to 38%, well under the 46.5% it reported for the first quarter.• Shares last traded at $226.72, up 1.1%. The stock moved in a range of $210.11 to $236.99.
IREN Stock Rises 5% as AI Cloud Bet Outruns Nasdaq: Is the Rally Still Attractive?

IREN Stock Rises 5% as AI Cloud Bet Outruns Nasdaq: Is the Rally Still Attractive?

IREN Limited shares extended their rebound on Friday, closing at $59.77, up $3.06, or 5.40%, on volume of about 45.4 million shares. The move stood out against a calmer market backdrop: the Nasdaq Composite finished up 0.31% at 25,888.84, meaning IREN outperformed the broader technology index as buyers returned to AI infrastructure and former Bitcoin-mining names.
SharonAI Stock Jumps as Nvidia Deal Puts $4.88 Billion AI Cloud Bet in Focus

SharonAI Stock Jumps as Nvidia Deal Puts $4.88 Billion AI Cloud Bet in Focus

SharonAI Holdings Inc. shares moved back into the AI-infrastructure spotlight Friday after the company announced a six-year strategic compute collaboration with NVIDIA that SharonAI said has a contract value of up to $4.88 billion. The agreement targets 72 megawatts of new data-center capacity in Australia and the deployment of up to 40,000 NVIDIA Grace Blackwell GB300 graphics processing units, or GPUs, the chips used to run large artificial-intelligence training and inference workloads.

Stock Market Today

  • Music & Electronics Stores Lead Friday Gains; Textiles Stocks Move Up
    July 10, 2026, 12:56 PM EDT. Music & electronics stores were out front Friday, up about 2.5%. Upbound Group jumped close to 7%, and Best Buy added 2.6%. The textiles group traded higher as well, rising around 2.4%. Unifi advanced 5.4% and Crocs was up 4.4% as investors bought into consumer retail names during the session.
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