1333 ET - Meta Platforms' move to consider selling cloud compute capacity directly, as reported by Bloomberg, likely doesn't represent a near-term venture for the company or signal a slowdown in investment, Mizuho says in a note. Instead, it should be understood as planning for all potential scenarios--including a "Plan B". "Infrastructure investment will deliver ROI through (1) monetizing with its own AI products or (2) finding the 'highest and best use' if that means leasing capacity," analyst Lloyd Walmsley says. "This helps show a commitment to eventually delivering ROI, one way or another. Most investors we speak to continue to struggle to see a credible path to monetizing AI investment at Meta, so we take this as a positive, adding a margin of safety to medium-term EPS." (elias.schisgall@wsj.com)
(END) Dow Jones Newswires
July 02, 2026 13:33 ET (17:33 GMT)
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