CLOU News and Press, Global X Cloud Computing ETF From 06/18/22

Recent earnings from cloud computing leaders indicate that underlying sales growth is robust and exceeding market expectations. Industry analysts like Gartner expect growth in total spending on cloud deployed solutions to top 20% in 2022. Meanwhile, the stocks of market-leading ap...

VNET Group, Inc. is a leading Internet Data Center provider and service company in China. The firm offers solutions in three key verticals: Managed Hosting Services (IDC), Cloud Services and VPN Services. VNET Group is well-positioned to benefit from multiple strong structural tai...

After dropping more than 40% year to date, shares of Workday finally look appealing enough to buy. Investors turned cautious after the company’s Q1 earnings print, which saw slightly disappointing revenue growth and cautious commentary around deal closings. Still, Workday&#...

In China, a tightening of the credit cycle led to a major reset in the valuations of big tech stocks in the country. Big tech stocks in the US also now face a major regulatory crackdown of their own, both here and in Europe. The lesson that might be gleaned from China’s exp...

Coupa recently reported a strong Q4 with revenue coming in above expectations and margins improving yoy. FY23 guidance was disappointing with revenue growth of just 15-16% and operating margins of 3-4%. Valuation is still at a premium around 7.5x forward revenue, though revenue de...

Despite these turbulent global markets, we can identify several clear positives across the thematic space. As a result, we believe that it may be a good time for investors to seek exposure to these themes at the dip while keeping their focus on the long-term drivers. As this econo...

The war in Ukraine clearly triggered the spike in oil prices and in agricultural prices as well. Inflation, interest rates and Fed policy are linked. Similarly, supply chain disruptions, the slowdown in China, and big-tech reversals are all Covid-related. The bottom line right now...

Exactly a year ago I shared a chart here that represented “An Epic Set Of Alligator Jaws.” It plotted the weighting of the energy sector within the S&P 500 Index versus the combined weightings of the tech and communications services sectors. The energy sector has ris...

This article is a short outline of what I see as the macroeconomic effects of a possible continuation of weakness in crypto financial markets. The direct effects would be small, although weakness in crypto is interleaved with the fortunes of the tech sector. It is certainly possib...

Among the most challenging aspects of late has been to try and hold a positive medium-term (one- to three-year) view in the midst of very aggressive, downward-facing, fast-moving, cross-asset selloffs. While inflation does seem to have peaked along with expectations and breakevens, th...