Meta's Stock Jumped After Announcing a New Business Venture. But Analysts Warn There Is a Caveat

Source: International Business Times

Analysts are warning that Meta's new venture into cloud infrastructure could provide smaller margins than its lucrative ad business. Getty Images Analysts are warning that Meta's new venture into cloud infrastructure could provide smaller margins than its lucrative ad business. Shares of the company soared on Wednesday after the development, with CNBC's Jim Cramer confirming that the company will sell excess computing power to outside customers.