Meta's cloud pivot looks more like a distress signal than a growth strategy

Meta surged nearly 9% after reports emerged that the company plans to sell its excess AI computing capacity to outside customers, essentially entering the cloud business.

When a company starts monetizing spare capacity rather than filling it with its own products, the most logical read is that internal demand fell short of expectations.

Micron's brutal drop proves the market is done rewarding chip stocks on AI hype alone

Micron fell more than 10% on no company-specific bad news, as investors rotated out of AI chip stocks and into AI software plays after a strong first half of the year.

With Micron's fundamentals genuinely strong - revenue up triple digits and $100 billion in contracted revenue locked in - the sell-off is a verdict on the sector's valuation, not the company's business.

A single processing mill shutdown just knocked out one of the world's key uranium suppliers

Cameco suspended operations at its Cigar Lake mine after a disruption at a partner processing facility in Saskatchewan, creating immediate production uncertainty for one of Canada's largest uranium producers.

The fact that one third-party mill can halt an entire mine's output reveals how fragile the uranium supply chain remains at a moment when nuclear energy demand is rising globally.