Meta has signed a $10 billion cloud deal with Alphabet’s Google, shifting away from AWS and Azure. This move is crucial for Alphabet’s low valuation and could boost Google Cloud’s market share. The deal showcases Meta’s demand for cloud infrastructure and Alphabet’s diversification efforts beyond digital ads, impacting investor perspectives on the stock.

Read more at Nasdaq: Alphabet Just Scored Big With Meta: Is GOOGL Stock Poised for Another Leg Higher?