CLOU News and Press, Global X Cloud Computing ETF From 02/01/23

Summary Fortune 500 decision makers expect a dramatic slowdown in IT spend. Interestingly, cloud spending is expected to fare worse than the average IT spending. In this post, we dive deeper into the drivers of the current underperformance and highlight the medium-term upside potent...

Summary When I think about the lessons learned from 2022, I think the biggest lesson is valuations matter. I do think this is the most predicted recession that I've ever seen, certainly, in my career. Investors of all stripes, whether you're an asset allocator or a stock picker, I t...

Summary With the Fed looking to slow and eventually pause rate hikes in 2023, beaten-down tech stocks are positioned for a recovery. Global X Cloud Computing ETF is a solid choice for diversified exposure to SaaS and cloud infrastructure stocks. Despite its short history and relativ...

Summary Last year’s market volatility was driven primarily by uncertainty over inflation and interest rates. In last year’s downturn, technology stocks were at the epicenter of market volatility. After years of steady gains, investors now acknowledge that technology stocks...

Summary Macroeconomic headwinds couldn’t dampen the enthusiasm for the latest developments in disruptive technology at CES 2023. We found sentiment particularly high with innovation offering the promise of increased efficiency, reduced costs, and unlocked profits. Among the h...

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...