Shopify gets a downgrade, with an analyst writing that Meta Platforms could do serious damage to the e-commerce platform provider.

Meta shares rallied Wednesday following a report the company is planning to launch a business to sell excess compute capacity.

Running cloud infrastructure and AI systems for paying customers is much harder than running them for yourself. And the competition is fierce.

Meta Platforms is rated a Hold; the current valuation reflects execution risk, high capex, and limited upside. Read more on META stock here.

Space companies including FireFly Aerospace (FLY) Intuitive Machines (LUNR) and Voyager Technologies (VOYG) shares are moving on news that NASA selected three companies to send robotic landers to the moon as part of efforts to establish a lunar base before the end of the decade.

Although it may be unloved, this big tech stock is worth considering.

Meta Platforms Inc. is developing plans for a cloud infrastructure business that will sell access to AI computing power and models, setting up a new vector of competition with industry leaders like Amazon Web Services, Microsoft Azure and Google Cloud.

Meta is preparing to launch a cloud infrastructure business that would sell excess AI computing power and AI models to outside customers, Jim Cramer confirmed Wednesday, throwing its ring in the competitive cloud market with hyperscaler titans like Amazon Web Services,

Meta is reportedly building a cloud computing business to rent its spare artificial intelligence capacity.

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