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With the help of the World Cup and 2026 being a midterm election year, internet advertising trends appear sturdy. That's the case even when excluding those one-off catalysts.
ALPS O'Shares Global Internet Giants ETF (NYSEARCA:OGIG - Get Free Report) saw a large decrease in short interest in September. As of September 30th, there was short interest totaling 477 shares, a decrease of 89.4% from the September 15th total of 4,491 shares. Approximately 0.0% of the company's shares are short sold. Based on an
The ALPS O'Shares Global Internet Giants ETF (OGIG) gained 10.7% in August, according to ETF Database. A wave of enterprise cloud and artificial intelligence earnings reports lifted the fund's biggest technology holdings.
Cloud stocks fueled July gains for the O'Shares Global Internet Giants Index, the benchmark behind the ALPS O'Shares Global Internet Giants ETF (OGIG). The index climbed 5.1% for the month, according to attribution data from VettaFi.
The AI narrative has moved beyond speculative software to capital-intensive physical infrastructure. With the infrastructure race in full swing, hyperscalers are increasingly investing in the buildout of the compute capacity required to train and operate the next generation of AI models.
Oracle Corp. (ORCL) reported record fiscal fourth-quarter results on Wednesday, with cloud revenue jumping 47% to $9.9 billion, according to the company's earnings release. The results highlight one of the largest holdings in the ALPS O'Shares Global Internet Giants ETF (OGIG).
Three ALPS ETFs each gained more than 10% in May as investors shifted money into technology and away from traditional energy. Key Takeaways: ACES gained 19.4% last month and is up 72.5% over the past year, while the energy sector fell 5.31% for the week ended May 29.
The ALPS O'Shares Global Internet Giants ETF (OGIG) jumped 8.4% last week, making it the top-performing ALPS fund as a handful of technology and e-commerce stocks delivered double-digit gains, according to ETF Database. Key Takeaways: OGIG surged 8.4% last week as Oracle and DoorDash rallied on AI infrastructure and autonomous delivery technology developments.