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SKYY News and Press, First Trust ISE Cloud Computing Index Fund

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Company Name: First Trust ISE Cloud Computing Index Fund
Stock Symbol: SKYY
Market: NASDAQ

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SKYY - SKYY: Back Down To Earth We Come, Unlikely To Buck Tech Weakness

2024-07-18 23:21:24 ET Summary The cloud computing industry saw a dip in late 2021 to early 2023, but stocks and ETFs recovered well. But now, the risk is too high for me. SKYY ETF invests in companies involved in cloud computing, including top players like Amazon Web Services, Mi...

SKYY - Where Investors Are Starting To Turn Their Attention As Big Tech Loses Steam

2024-07-18 13:40:00 ET Summary Can U.S. markets continue to outperform? Why U.S. markets have strayed "pretty far into overvalued territory". The sector rotation out of big tech and into smaller-caps. Shares of big tech have been losing steam recently after pushing U.S. ...

SKYY - Easing Into Elections

2024-07-17 07:00:00 ET Summary The reordering of US election outcomes led to a bear steepening in US treasuries. The global easing cycle kicked off with the European Central Bank, Bank of Canada, Riksbank, and Swiss National Bank all beginning interest rate cuts. Financial mar...

SKYY - The Curse Of The Mega Caps

2024-07-16 02:55:00 ET Summary The performance of the S&P 500 Equal Weight index (SPXEW) as of Thursday was up 1.17% on the day. Look at the S&P 500, which is weighted by market cap, down 0.88% as of the close on Thursday. What we saw on Thursday in both the NASDAQ 100...

SKYY - The Week Ahead - ECB Spotlight As Fed Rate Speculations Drive Market Shifts

2024-07-13 00:30:00 ET Summary US inflation data caused a significant selloff in US mega-cap tech stocks and a shift towards riskier areas of the market. The ECB interest rate decision is expected to bring no change, but the bank lending survey may shed light on the impact of high...

SKYY - The 3 Best Cloud Computing Stocks to Buy in July 2024

2024-07-06 06:58:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Wall Street investors have been paying close attention to the growth of the cloud computing sector. According to a recent survey , 94% of major companies worldwide utilize cloud computing i...

SKYY - Economy Slows, Businesses Grow

2024-07-06 03:38:00 ET Summary We received a few more data points this week, validating the increasingly consensus view that the economy is slowing. Attention now shifts to the corporate sector, with the second quarter earnings season getting underway next week. It would be ni...

SKYY - Understanding Cloud Computing Investment Opportunities

2024-07-06 01:00:00 ET Summary Cloud computing is a key component of modern digital infrastructure and the growing AI supply chain. Companies focused on cloud computing fall into two categories: pure plays with most of their revenue linked to the cloud, and large tech companies li...

SKYY - U.S. Tech Stocks: Heavyweights That Move Global Markets

2024-07-04 02:35:00 ET Summary Understanding country, industry and stock concentrations in global equities today is important to monitor risk, interpret what is driving markets and form expectations of market opportunities. US stocks account for over three-quarters of the top 250 ...

SKYY - Equity Outlook: Making Way For The Magnificent Others

2024-07-03 09:41:00 ET Summary Global stocks posted healthy gains in the first half of 2024, although second quarter performance moderated from the previous quarter’s breakneck pace. In a trend that has become familiar to equity investors, large-cap market breadth was again...

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