Meta Platforms (META) shares jumped more than 6% in premarket trading on Wednesday after Bloomberg reported it is building a cloud business for excess artificial intelligence compute. Shares of cloud ...

Shares of DigitalOcean have been soaring this year, driven by the company's significantly upgraded guidance.

July 1 (Reuters) - Meta Platforms is building a cloud business to sell excess AI computing capacity, Bloomberg News reported ...

Both are leaders in the cloud computing space, but their investment cases are quite different.

The company wants to dominate every market it operates in.

Hyperscaler cloud platforms are doing something rare in the AI era: turning eye-watering capital expenditures into accelerating top-line growth. With Q2 earnings reports landing in July, June is ...

Meta CEO Mark Zuckerberg said his company could enter the cloud computing market if it overspends on data centers and has excess capacity.

Cloud computing ETFs are falling out of favor at the moment, but this could present buying opportunities. Cloud computing is ...

Meta also announced the global rollout of the subscription plans for its flagship apps, Instagram, Facebook, and WhatsApp.

Google Cloud's growth rate is skyrocketing.