Meta Jumps 11% on Cloud Sales Plan, Nvidia Weighs on Mag 7
Meta is headed for its biggest single-day pop since April as a cloud-selling strategy electrifies investors. Nvidia keeps the group in check.
Meta is ripping higher today — up more than 11% — after reports surfaced that the company intends to monetize its excess computing capacity by selling it to outside customers. That's a meaningful strategic pivot, turning what was a cost center into a potential revenue stream. Traders are loving it.
This move puts Meta in more direct competition with established cloud giants, but the market clearly thinks the upside outweighs the risk. According to Dow Jones Market Data, today's move is on pace to be Meta's largest single-session gain since April 9, 2025. That's a big deal for a mega-cap stock that already carries enormous weight in major indexes.
Read more Prediction Markets Raise Insider Trading Red Flags for Wall Street →
The rest of the Magnificent Seven is catching a lift from Meta's momentum, but Nvidia is acting as a drag on the group. That divergence is worth watching — if Nvidia can't hold its ground while the rest of the cohort rallies, it could signal rotation rather than broad-based tech strength. Keep that spread on your radar.
For active traders, Meta's move today reshapes the near-term chart and reopens upside targets that looked distant just weeks ago. Whether this holds or fades into the close matters a lot for sentiment heading into the next session. Don't chase blindly, but don't ignore the tape either.
Continue reading at Yahoo