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AI adoption, surging infrastructure spending and accelerating cloud revenues are boosting the cloud computing industry. Here are four cloud ETFs to watch.
Launched on April 12, 2019, the Global X Cloud Computing ETF (CLOU) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Cloud Computing segment of the equity market.
AI agents could reshape the software industry, disrupting seat-based models while creating new revenue opportunities. Here's what lies ahead.
Cloud Computing Is Booming on AI Demand. Explore 4 Cloud ETFs Poised to Benefit From Surging Infrastructure Spending.
Cloud computing is booming on AI demand. Explore four cloud ETFs poised to benefit from surging infrastructure spending.
Designed to provide broad exposure to the Technology - Cloud Computing segment of the equity market, the Global X Cloud Computing ETF (CLOU) is a passively managed exchange traded fund launched on April 12, 2019.
Global X Cloud Computing ETF (CLOU) earns a buy rating, driven by growth factors beyond AI, including customer expansion, business diversification, and resilient subscription revenues. CLOU's top holdings—Snowflake, Datadog, and Paycom—demonstrate strong non-AI growth, improving profitability, and high customer retention, supporting the fund's long-term outlook. Despite high valuations (P/E 35.8x) and a steep 0.68% expense ratio, CLOU's diversified growth drivers position it to outperform the broader U.S. market over coming years.
ETF Action's Mike Akins is encouraging investors to boost exposure to groups that underperformed compared with major artificial intelligence stocks.