Meta Cloud Business; NASA Lunar Lander Contracts | Stock Movers
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- BloombergTechnology
Shares of several space companies, including FireFly Aerospace, Intuitive Machines, and Voyager Technologies, experienced significant movement following NASA's announcement that it has selected these firms to send robotic landers to the moon. This initiative is part of NASA's broader goal to establish a lunar base by the end of the decade. The agency awarded contracts to Astrobotic Technology Inc., Firefly Aerospace Inc., and Intuitive Machines Inc. for this lunar mission.
In the consumer goods sector, General Mills saw its stock rise after reporting fourth-quarter profits that surpassed Wall Street expectations, driven by increased pricing strategies.
Meanwhile, Meta Platforms Inc. gained traction on the stock market amid reports that the company is planning to launch a cloud infrastructure business aimed at providing access to AI computing power and models. Additionally, Meta is exploring the possibility of offering access to its "raw" computing capacity, as indicated by sources familiar with the company's plans.
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Meta Cloud Business; NASA Lunar Lander Contracts | Stock Movers
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