NASDAQ: SKYY | First Trust Cloud Computing ETF News, Ratings, and Charts Cloud computing ETFs target companies leading the digital revolution by providing essential cloud services such as infrastructure, software, and platforms. As digital transformation accelerates, these ETFs offer investors opportunities for significant growth and innovation, capitalizing on the expanding cloud market. Therefore, investors might consider investing in fundamentally strong cloud computing ETFs, such as iShares Future Cloud 5G and Tech ETF ( IDAT – Get Rating ) and First Trust Cloud Computing ETF ( SKYY – Get Rating ). The cloud computing market is shaped by rapid digital transformation, with businesses increasingly adopting cloud tech to enhance scalability, flexibility, and cost-efficiency. This shift boosts demand for tech such as SaaS, serverless computing, and private clouds to effectively manage these evolving environments. Furthermore, global spending on public cloud services is projected to surge by 20.4% , reaching $675.40 billion in 2024. This impressive growth is driven by advancements in generative AI and application modernization. Consequently, cloud computing ETFs offer investors a valuable opportunity to benefit from the expanding cloud industry, capturing the potential of this dynamic sector. Given this favorable backdrop, let’s evaluate the two Technology Equities ETFs picks, […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
