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Meta Earnings Due; Cloud Push Could Spike Stock

7/23/2026

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Story summary
  • Meta Platforms will report Q2 2026 earnings on July 29, prompting investors to watch for cloud launch.
  • CEO Mark Zuckerberg said company may start a cloud business if excess AI compute capacity becomes available.
  • Analysts say Meta’s stock could rise if cloud plan is announced but could fall if delayed.
  • Advantage+ delivers a $60 billion run rate for Meta’s advertising unit.
  • Morningstar values Meta at $850 per share—30 % above $627.52.