$Meta Platforms(META.US)
BREAKING: Meta is now building a cloud business to sell excess AI compute, as per Bloomberg.If this is true…then it is exactly what the market has been waiting for.- Justifies the heavy capex spend- Diversifies a line of business outside of advertising- If META can sell compute…they can probably begin selling more B2B agentic services to those same clients using their compute- Compute constraint narrative-driven stocks have RALLIED all year…adding that narrative to $Meta Platforms(META.US) could be a potential game changer to sentiment around the stock.This is personally a pivot I have been waiting for all year as a shareholder and as annoying as it has been to buy this name (this rip might end up being sold off) this was one of the CORE reasons to continue DCA-ing.Hoping this is true but if Zucks gets into the neocloud game…it could be very exciting. LFG.Source: amit
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