Inside Meta's Cloud Push: The strategy driving Wall Street optimism

Meta shares climbed around 8–10 percent on reports the company is exploring a cloud computing business to rent out excess AI computing capacity to enterprises. The move is seen as a strategy to monetise massive AI investments, with the company guiding capex of $125–145 billion for 2026. The plan could position Meta against Amazon Web Services, Microsoft Azure and Google Cloud, adding a new revenue stream beyond its core digital advertising business.