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answer: direct
beat: ai-industry
source: 1 article · updated: July 10, 2026
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Did the rally erase Meta's stock losses for 2026?

Yes — CNBC reported the week's surge left Meta shares up more than 1% for 2026, reversing what had been a losing year for the stock, even as the Nasdaq itself was up roughly 13% year-to-date, meaning Meta was still trailing the broader market's gains.

Answered in

Meta Just Had Its Best Stock Week Since 2024 — Because It's Selling AI Compute Now

Meta shares surged 15% in a week, erasing 2026 losses, after new AI models and plans to resell excess compute through a Meta Compute cloud unit.

Crashtech Editorial July 10, 2026 AI Business & Money

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