The WisdomTree Cloud Computing Fund (WCLD) gained 4.5% on the session, putting the exchange-traded fund on track for its best day since April 24, 2025.
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Cloud stocks were a rare bright spot amid Thursday’s market drop.
The WisdomTree Cloud Computing Fund (WCLD)
gained 4.5%, putting the exchange-traded fund on track for its best day since April 24, when it jumped 4.7%.
Leading the WCLD fund higher was an 8.8% pop in Okta
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The cloud giant is on pace for its best day since 1999, and is now quickly approaching the $1 trillion market cap benchmark
Oracle investors haven't had a week this good since April 2001, after the stock had collapsed in the dot-com crash.
The investment firm upgraded cloud name to overweight from neutral.
The iShares Expanded Tech-Software Sector ETF (IGV) advanced almost 8% so far this week, while the S&P 500 is down a fraction.
