CLOU News and Press, Global X Cloud Computing ETF From 01/17/23

Summary Tech in 2023 likely to perform better than 2022. Recession fears and the tech sector. Can big tech get control of their costs? Some of the biggest names in tech were among the stocks getting swept up in the market volatility of 2022. Will this year be diffe...

Summary In this post, we provide our key assumptions and outlook for 2023. We are relatively more optimistic than most, as we believe that we are already in the mid-late innings of this downturn. We believe that stabilizing interest rates will provide a base for valuations and expec...

Summary Enterprise software growth slowed to single digits in 2022 as buyers responded to the slowing economy. Yet, double-digit growth is expected to make a comeback in 2023. While the runway to further growth remains healthy, we believe cloud companies will likely have to focus on uni...

Summary For 40 years, steadily declining inflation and interest rates buoyed equity returns. That changed abruptly last year. Investors must now adjust expectations to a new macroeconomic and market landscape that will require a fresh mindset to reach long-term goals. By...

Summary Technology suffered badly from compares against 2021 results. Currency can impact expenses as well as revenue, and that translation impact on expenses is not always detailed or quantified in an earnings release. The tech weakness and higher Treasury yields are resulting in s...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The unexpected coronavirus outbreak in 2020 had a crippling effect on most industries worldwide. However, digitization grew at a breathtaking pace, with businesses rapidly changing how they operate. Accordingly, with many enter...

Summary Cloud stocks continue to suffer in 2022 despite a recent drop in borrowing costs. Coupa Software has rallied 50% off its Q3 low as takeover rumblings attract buyers and some short-covering. Options traders have priced in a big move after Monday night's quarterly report and I...

Summary Global business conditions worsened in the penultimate month of the year according to the JPMorgan Global Composite PMI, compiled by S&P Global. New order expansions were seen in merely three of the 21 sectors tracked by the global PMI - software & services, pharmaceutic...

Summary U.S. equity markets are grappling with the highest inflation in decades, critical central bank policy decisions, and slowing economic growth. Energy’s positive dispersion can be attributed to the outperformance of energy stocks this year, which has propelled the S&P E...

Summary U.S. midterm elections: Win, lose or draw for markets? What sectors may benefit from a divided government. Will equity markets get the post midterm election bump? For further details see: U.S. Midterm Elections: Win, Lose Or Draw For Markets? ...