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2026 › July › 01
Meta
24 days ago
The stock's struggles in 2026 had been due to concerns about its aggressive AI spending.
Stocks making the biggest moves midday: Meta, General Mills, Datadog, Sandisk & more ○
These are the stocks posting the largest moves midday.
'Magnificent 7' stocks' rough June pushes them into the red for the year. What's behind the decline ⊕
found
The group — which Microsoft, Nvidia, Alphabet, Apple, Meta, Tesla and Amazon — shaved off roughly $2 trillion in market cap during June.
Meta pops 8% as company makes cloud push to sell excess AI compute power capacity ○
The new business is a welcome signal for some investors who have been uneasy about the company's infrastructure spending plans.
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