Global X Cloud Computing ETF Price & Performance (CLOU)

Global X Cloud Computing ETF (CLOU) marked its fourth straight day of gains Friday, closing at $21.35, up 1.28%. While the ETF has climbed 9% over two weeks, falling trading volume alongside higher prices signals potential caution. Short-term buy signals persist, but analysts warn of possible near-term volatility.12

Recent analysis highlights how agentic artificial intelligence could transform cloud computing, enhancing automation and efficiency. Major cloud providers like Amazon, Microsoft, and Alibaba are positioned to benefit as AI adoption accelerates. This trend is expected to drive revenue growth for cloud infrastructure and software firms as AI becomes increasingly integrated across industries.34

Global X has revamped its Thematic Growth ETF, now called the Global X Dorsey Wright Thematic ETF (GXDW), shifting to a momentum-based index. The new approach leverages Nasdaq Dorsey Wright’s proprietary methodology to rotate into the strongest-performing Global X thematic ETFs, providing investors with dynamic exposure to multiple disruptive trends through a single fund.56