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Meta stock got the 18% pop Jim Cramer said it could on cloud news. What's next?
CNBC· 2026-07-11 03:39
Meta Platforms finally delivered the rally Jim Cramer said was possible if Wall Street became convinced it could generate revenue from its massive artificial intelligence investments. The big question now: Where does the Club stock go from here? Shares of the Facebook and Instagram parent climbed nearly 18% from their June 30 close — the session before news that CEO Mark Zuckerberg plans to start a cloud business. Jim had been floating the cloud idea for weeks — saying struggling Meta stock could add $100 p ...
Rackspace Technology (RXT) Rebounds 22% After Brutal Week
247Wallst· 2026-07-11 03:22
Rackspace Technology (RXT) Rebounds 22% After Brutal Week - 24/7 Wall St. S&P 5007,586.10 +0.48% Dow Jones52,764.40 +0.48% Nasdaq 10029,871.80 +0.41% Russell 20002,981.06 -0.32% FTSE 10010,554.60 +0.71% Nikkei 22569,254.70 +0.33% Live Nasdaq Composite: Tech Bulls Circle amid SK Hynix's US Market Debut Investing Rackspace Technology (RXT) Rebounds 22% After Brutal Week By Danielle Liverance Published Jul 10, 3:22PM EDT Quick Read RXT surged 20% Friday to recover from a 25% Thursday plunge after management sl ...
Top Wall Street Analyst Says AI Spending Is Delivering Real Returns: “When We Build a Data Center, It's Already Pre-Sold”
247Wallst· 2026-07-11 03:09
Top Wall Street Analyst Says AI Spending Is Delivering Real Returns: "When We Build a Data Center, It's Already Pre-Sold†- 24/7 Wall St. S&P 5007,586.80 +0.49% Dow Jones52,745.00 +0.44% Nasdaq 10029,880.60 +0.44% Russell 20002,982.41 -0.28% FTSE 10010,553.00 +0.70% Investing Top Wall Street Analyst Says AI Spending Is Delivering Real Returns: "When We Build a Data Center, It's Already Pre-Sold†By Thomas Richmond Published Jul 10, 3:09PM EDT Quick Read Microsoft doubled capex yet held 46% operating margi ...
Meta stock turns positive on the year on data center plans, new AI model pricing
Yahoo Finance· 2026-07-11 01:41
AI companies have repeatedly told shareholders that they are resource constrained on AI, and need more computing capacity to keep up with customer demand. If Meta grabs a slice of the cloud computing market, it could provide a hot, new revenue stream outside of its advertising business. In addition to the potential data center business, Meta on Thursday announced its Muse Spark 1.1 AI model, as well as a pricing structure for how it will give developers access to the software that dramatically undercuts com ...
Price Prediction: Amazon Stock Will End The Year at This Price
247Wallst· 2026-07-11 01:30
Price Prediction: Amazon Stock Will End The Year at This Price - 24/7 Wall St. S&P 5007,577.80 +0.37% Dow Jones52,710.00 +0.38% Nasdaq 10029,884.40 +0.45% Russell 20002,982.56 -0.27% FTSE 10010,549.80 +0.67% Nikkei 22569,264.70 +0.34% Live Nasdaq Composite: Tech Bulls Circle amid SK Hynix's US Market Debut Investing Price Prediction: Amazon Stock Will End The Year at This Price By Vandita Jadeja Published Jul 10, 1:30PM EDT Quick Read Our $324 price target on AMZN implies 31% upside, supported by AWS growin ...
CoreWeave's CEO Dumped Nearly 370,000 Shares for $30.8 Million. What Does That Mean for Investors?
Yahoo Finance· 2026-07-11 01:26
What is the insider's remaining equity footprint? Following this sale, Intrator maintains significant exposure to the company through 2,876,815 shares held directly. Furthermore, the insider retains substantial derivative holdings, including ~21.9 million derivative securities held directly and ~30.7 million held indirectly through various family trusts. The company generates revenue through a flexible consumption-based model, offering customers the choice between virtual server instances and bare-metal inf ...
The state of the tech trade as SK Hynix opens for trading
Youtube· 2026-07-11 01:20
That's news driven. So I think that's where you are that it's tough finding the marginal buyer to come in at these levels to drive these meaningfully higher. So it doesn't mean the story is over. It means that the market's nervous about when the story ends and particularly nervous about anybody who comes any of those companies that are the big spenders in AI coming on their call and saying we're slowing down. I think it'll be okay for Meta to say that because they found another use for the compute that they ...
3 Reasons Why You Should Hold Oracle Stock Despite a 29.5% YTD Drop
ZACKS· 2026-07-11 00:51
Oracle Underperforms Industry, Sector YTD Image Source: Zacks Investment Research Key Takeaways Shares of Oracle (ORCL) have tumbled roughly 29.5% year to date, underperforming the Zacks Computer and Technology sector's appreciation of 12.6%. This has rattled investors who once viewed the enterprise database giant as a steady compounder, now reinvented as a major artificial intelligence (AI) infrastructure powerhouse. Oracle shares have swung sharply in 2026, falling from a 52-week high to lows in the mid-$ ...
Buy, Hold, or Sell: Why Everyone Is Wrong About Amazon's Secret Bet
247Wallst· 2026-07-10 23:41
Buy, Hold, or Sell: Why Everyone Is Wrong About Amazon's Secret Bet - 24/7 Wall St. S&P 5007,558.60 +0.12% Dow Jones52,641.00 +0.24% Nasdaq 10029,669.60 -0.27% Russell 20002,968.51 -0.74% Nikkei 22568,779.70 -0.36% Live Nasdaq Composite: Tech Bulls Circle amid SK Hynix's US Market Debut Investing Buy, Hold, or Sell: Why Everyone Is Wrong About Amazon's Secret Bet By Alex Sirois Published Jul 10, 11:41AM EDT Quick Read AWS holds a $364 billion revenue backlog growing at 28%, its fastest clip in 15 quarters, ...
5 Cloud Computing Stocks to Buy for 2H 2026 as Digital Demand Soars
ZACKS· 2026-07-10 20:56
Key Takeaways The artificial intelligence (AI) saga, supported by the massive growth of cloud computing and data centers, is yet to fully unfold. This space remains rock solid supported by an extremely bullish demand scenario. The demand for data center capacity has surged to manage and store the vast amount of cloud computing-based data. In order to reap the benefits of this enormous opportunity, we recommend investors buy five cloud computing behemoths at this stage and hold them for the long term. These ...