What’s more, shares of EV truck marker (RIDE) (RIDE) rose 5.4% Wednesday while shares of electric sport utility maker (FSR) (FSR) dropped 6.3%. Yes! Gridlock in D.C. could be good for the stock market...really good, historical data shows. Market weight ETFs, like the ones above, weigh holdings based on market capitalization. Recently on a string of hitting all-time highs, including Monday, CLOU is up an impressive 18.82% year to date. The biggest power players on Wall Street have already seen it coming – and quietly changed their outlook for 2021.
Historically, SKYY has been on an upward trajectory since its inception. Last year WisdomTree launched the WisdomTree Cloud Computing Fund (WCLD) with high conviction that the widespread adoption of cloud-based computing could not only disrupt the software industry, but permanently alter standards of business and human interaction. Alibaba Holding Group said its second quarter revenues jumped more than 30% from last year to a U.S. dollar equivalent of $22.8 billion. The Fund is not issued, endorsed, sold or promoted by the Corporations. Revenue jumped 32% to $3.54 billion, the highest since Barrick completed its merger with Randgold Resources Ltd. in January 2019.For additional details on the news, click here.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. Wall Street legend Whitney Tilson says there's a huge new tech trend coming – and he's revealing his #1 pick for free. But is Apple stock a buy now?

WCLD was started in 2019 by WisdomTree Investments as a way to capitalize on the growing cloud computing market. Disruptive events, like the COVID-19 pandemic, are often catalysts for long-term operating changes. Benzinga does not provide investment advice. The FactSet consensus was for a loss of 6 cents a share and revenue of $11.1 million. All rights reserved. The company named Kurt Schmidt as its new president and CEO, replacing Mike Gorenstein who has been appointed executive chairman.

The company attributed the decline to lower sales in its generic and over-the-counter businesses, as well as for Copaxone, its flagship multiple sclerosis product, which reported a 13% decline in sales, to $236 million in North America. WCLD, through a collaboration with Nasdaq, leverages the expertise of … Copyright © 2020 Money & Markets. Nasdaq-100 10-year Returns Outperform Competition, Putting a Price on Water: The Nasdaq Veles California Water Index (NQH20), When Performance Matters: Nasdaq-100 vs. S&P 500 First Quarter '20, Nasdaq Next Gen 100 Index and the Invesco Nasdaq Next Gen 100 ETF, October Index Scorecard: Natural Gas Rebounds to Top Spot Amid Market Downturn, var dom1 = document.querySelector('#form1783 #field1');var field1 = new LiveValidation(dom1, {validMessage: "", onlyOnBlur: false, wait: 300});field1.add(Validate.Presence, {failureMessage:"This field is required"});field1.add(Validate.Format, {pattern: /^([^@\s]+)@((?:[-a-z0-9]+\.

Amid the stock market chaos, one sector is showing strength while other equities fall: information technology.

THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE FUND. That’s why the Wisdom Tree Cloud Computing Fund is one of the cloud ETFs to buy now. With millions of Americans continuing to work remotely, the way companies conduct business is changing — forever in some cases. node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}}, article was first published by WisdomTree, BVP Nasdaq Emerging Cloud Index (EMCLOUD), Do Not Sell My Personal Information (CA Residents Only). Sorry, the full article you are trying to view is no longer available. That means every stock in the index has the same weight, regardless of the company size. Determining how much the coronavirus has permanently changed businesses is one of the biggest challenges facing corporations and investors today.

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