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ETFs in enterprise software, cloud, gaming, and innovation surged on strong SAP cloud growth and tech interest.

Market News
02 Aug 2026
Finbold
View Source
Bullish
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ETFs focused on enterprise software, cloud computing, video gaming, and innovation stocks saw strong gains last week, led by the SAP-focused ETF which jumped 21.22% after SAP reported robust cloud revenue growth and a large cloud order backlog. Other top performers included cloud computing and gaming ETFs, benefiting from renewed investor interest in high-growth tech sectors. The trend highlights a rotation toward technology-driven growth themes, but investors should consider valuations and upcoming earnings before buying. Sustained gains depend on continued strong revenue and earnings from these companies.

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