This Is the Cloud’s Olympic Moment. Will It Medal or Bust?

The Global X Cloud Computing ETF (CLOU) has reached its "medal round." After a grueling 12-month stretch that saw the fund shed more than 25% of its value, CLOU is currently teetering on a critical support level that will likely determine the fate of the broader software sector for the rest of 2026. If CLOU cannot find its footing here, the market may finally confirm that the SaaS-pocalypse — the structural disruption of software by autonomous artificial intelligence (AI) — is a permanent reality. More ...