Global X Cloud Computing ETF Price & Performance (CLOU)

The U.S. stock market endured a sharp selloff recently, with the Nasdaq dropping 1.8% and the S&P 500 falling 1.5%. Investor worries over proposed tariffs and their potential impact on inflation and global trade are weighing heavily on market sentiment, with key tech stocks like Tesla and Nvidia taking significant hits.12

Google's potential acquisition of Wiz has heightened investor interest in ETFs linked to cloud computing and cybersecurity. Funds such as Global X Cloud Computing ETF and Amplify Cybersecurity ETF could benefit from this deal, which may reshape the cloud ecosystem and drive growth in related sectors.34

Cloud computing firm CoreWeave is gearing up for a significant IPO, targeting a $35 billion valuation. Backed by Nvidia and with Microsoft as its largest client, the company seeks to raise $4 billion. This move highlights the growing demand for AI-driven data centers in today’s tech landscape.56