Meta Platforms (NASDAQ:META) surge values AI cloud bet at $128 billion

Meta Platforms jumped 8.8% in early New York premarket Thursday after a Reuters item said Bloomberg News reported Meta is planning to offer extra AI compute power through a new cloud business. The Nasdaq opens for its normal session at 9:30 a.m. EDT. With markets closed Friday for the Independence Day holiday, Thursday is the last U.S. cash trading day before the long weekend.

2 July 2026

Nebius Group (NASDAQ:NBIS) slides as neocloud contract bump gets tested

Nebius Group N.V. dropped sharply after Nasdaq's regular close, but the stock is still up 173.79% for the year. Trading volume was 175% of the 65-day average. MarketWatch put short interest at 50.93 million shares as of June 15, about 25.21% of the float. That kind of short interest can drive swings both ways, but it didn't stop the fall on Wednesday.

1 July 2026

Cloud Computing·NASDAQ:NBIS·Stock Market·Technology

IREN (NASDAQ:IREN) falls as AI-cloud ARR valuation slips, Meta risk weighs on neoclouds

IREN Ltd dropped 5.4% to $43.28 late Wednesday as shares of AI cloud infrastructure companies sank. The move followed reports that Meta Platforms is working on a cloud business to sell excess AI computing capacity. Quiver Quantitative said there was no obvious new press release or SEC filing from IREN connected to a negative event as of July 1.

1 July 2026

Artificial Intelligence·Cloud Computing·NASDAQ:IREN·Stock Market

Meta (NASDAQ:META) cloud move rattles CoreWeave (NASDAQ:CRWV), Nebius (NASDAQ:NBIS) as $15 billion AI compute deal shifts to risk

Meta Platforms jumped nearly 10% Wednesday after Bloomberg News said, via Reuters, that the company is starting a cloud business to sell surplus AI computing power. CoreWeave was down 14% and Nebius Group dropped 16% as of 10:50 a.m. in New York, according to current data.

1 July 2026

Artificial Intelligence·Cloud Computing·NASDAQ:CRWV·NASDAQ:META·NASDAQ:NBIS·Stock Market·Technology

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.

1 July 2026

Cloud Computing·NASDAQ:CRWV·NASDAQ:META·NASDAQ:NBIS·Stock Market

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.

30 June 2026

Amazon·Cloud Computing·NASDAQ:AMZN·Stock Market

Amazon.com (NASDAQ:AMZN) sheds $67 billion on cloud worries, taking shine off Prime Day numbers

Amazon.com, Inc. traded lower Thursday, with the slide outpacing moves seen on Prime Day. Shares were at $228.06, down $6.21, as of 1:33 p.m. EDT. With 10.76 billion shares outstanding, that cut about $67 billion from Amazon’s equity value, according to WSJ data.

25 June 2026

Cloud Computing·E-Commerce·NASDAQ:AMZN·Stock Market·Technology

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.

25 June 2026

Artificial Intelligence·Cloud Computing·NASDAQ:CRWV·NASDAQ:NBIS·Stock Market

Oracle (NYSE:ORCL) stock slips as AI spending outpaces cloud infra sales

Oracle Corporation lost 4.62% to close at $157.53 on Wednesday, lagging the S&P 500’s 0.10% dip and extending its slide to a third day. Volume hit 37.7 million, topping the 50-day average of 28.1 million shares, according to MarketWatch.

25 June 2026

Artificial Intelligence·Cloud Computing·NYSE:ORCL·Stock Market·Technology

Cerebras (NASDAQ:CBRS) trades near IPO price as cloud margins, OpenAI costs drag after earnings

Cerebras Systems Inc. stock was due for its first full-day move after the AI chipmaker's first earnings report as a public company. Sales jumped, but costs rose just as fast. The company is running into higher expenses as it tries to scale up growth.

24 June 2026

Artificial Intelligence·Cloud Computing·NASDAQ:CBRS·Stock Market·Technology

IREN stock falls as Wall Street stays split on AI cloud payoff

IREN Limited slipped almost 4% Tuesday. The bigger story for investors is the wide range of Wall Street price targets as the company trades less as a bitcoin miner and more like an AI data-center play loaded with debt.

24 June 2026

Artificial Intelligence·Cloud Computing·LSE:IREN·Stock Market

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.

23 June 2026

Cloud Computing·NASDAQ:CERE·Stock Market

Oracle (NYSE:ORCL) shares down as AI layoffs put focus on cloud spending

Oracle shares dropped 2.7% to $170.32 in late-morning New York trading Tuesday. The move came after the company said in its annual report that its workforce was down by around 21,000 in fiscal 2026, raising investor worries about the cost of its AI plans. Oracle touched $165.00 earlier. The company’s market value now sits near $496 billion.

23 June 2026

Artificial Intelligence·Cloud Computing·NASDAQ:ORCL·Stock Market

Snowflake Shares Jump Ahead of Results as Wall Street Bets on AI Demand

ARK picks up $52 million in Snowflake shares, bets on AI cloud

ARK Investment Management bought $52 million worth of Snowflake, pulling Cathie Wood back into a big AI software bet. The move comes under a month after the cloud data stock rallied on strong earnings and a major deal with Amazon Web Services.

21 June 2026

Artificial Intelligence·Cloud Computing·NASDAQ:AMZN·NASDAQ:ROKU·NASDAQ:TSLA·NYSE:LLY·NYSE:SNOW·Stock Market·Technology

Microsoft slips 2.9% this holiday-shortened week as traders question cloud capacity

U.S. markets didn’t trade Friday because of Juneteenth, so Microsoft’s last price for the week stayed at $379.40 from Thursday. That was down $11.34 from June 12, while the S&P 500 and Nasdaq managed to finish the short week up.

19 June 2026

Cloud Computing·Microsoft·NASDAQ:MSFT·NASDAQ:MU·NASDAQ:ORCL·Stock Market·Technology

Nebius climbs ahead of Nasdaq-100 debut in AI cloud run-up

Nebius Group shares jumped in premarket trading Thursday, pushing higher ahead of the company’s move into the Nasdaq-100 set for next week. The stock traded at $292.79 as of 08:07 a.m. ET, up 4.23% before the regular session. Nebius had ended Wednesday up 5.96% at $280.91.

18 June 2026

Cloud Computing·Nasdaq·NASDAQ:NEBI·Stock Market

Southwest Airlines, AWS set sights on 2028 for cloud and AI revamp

Southwest Airlines said Wednesday it plans to expand work with Amazon Web Services and shift to a cloud and AI-enabled operating model by 2028. The company is still working to overhaul its business after years of reliability and return issues.

18 June 2026

Artificial Intelligence·Cloud Computing·Digital Transformation·NASDAQ:AMZN·NYSE:LUV

Nebius stock surges after Eigen AI win, eyes on Nasdaq-100 cloud move

Nebius Group spiked in late Nasdaq action Wednesday after the Amsterdam AI cloud company wrapped up its purchase of Eigen AI. The company said the deal is aimed at moving Nebius further into AI software. Nebius shares climbed around 8.4% to $287.49, after hitting $297.75 intraday, according to the latest data.

17 June 2026

Artificial Intelligence·Cloud Computing·NASDAQ:NEB·Stock Market

Rackspace jumps after AMD AI compute agreement raises hopes for turnaround

Rackspace Technology stock surged on heavy volume Wednesday, building on two days of steep gains. The cloud-services company finalized its May memorandum with Advanced Micro Devices into a binding deal for AI data-center capacity.

17 June 2026

Cloud Computing·NASDAQ:AMD·NASDAQ:RXT·Stock Market

IREN shares rise 5% as AI cloud push meets big tech challenge

IREN Limited jumped in U.S. trading, finishing up 5.40% at $59.77. The move added $3.06 for the day on volume of roughly 45.5 million shares. The Nasdaq-listed AI infrastructure stock kept climbing in after-hours, last at $60.39. IREN, once focused on Bitcoin mining, is still drawing attention as these firms try to pivot into AI data centers.

14 June 2026

Artificial Intelligence·Cloud Computing·NASDAQ:IREN·Stock Market