In May, three ALPS ETFs—ACES, OGIG, and DTEC—each gained more than 10%, driven by a shift from traditional energy to technology sectors. The ALPS Clean Energy ETF (ACES) led with a 19.4% gain, reflecting strong interest in renewables amid a decline in traditional energy stocks. The ALPS O'Shares Global Internet Giants ETF (OGIG) returned 11.2%, boosted by major internet companies like Snowflake. The ALPS Disruptive Technologies ETF (DTEC) also rose 10.8%, benefiting from growth in cloud computing, cybersecurity, and robotics. This rotation highlights growing investor confidence in tech and clean energy themes as the broader market showed moderate gains.
After a tough start to 2026, software stocks are recovering, driven by investors focusing on AI winners. Datadog is highlighted for its superior growth and margins compared to peers like Snowflake and MongoDB. CrowdStrike is favored for its cybersecu...
Leaders in custom IT applications—NOW, SNOW, MDB, and PLTR—are experiencing strong stock performance driven by solid earnings and widespread AI adoption in the sector. MDB and SNOW notably exceeded revenue and ARR growth expectations, with expanding ...
Software stocks surged this week, fueled by strong earnings from Snowflake and Okta, which posted their best trading days ever. Despite concerns that AI might disrupt the software industry, these companies are benefiting from AI integration, with Sno...
AI is evolving from simple language models to autonomous agents that require complex control infrastructure for enterprise use. This includes identity, permissions, security, and workflow integration layers. Companies like Anthropic leverage cloud an...
Anthropic is approaching a $1 trillion valuation following a $65 billion funding round, signaling strong investor interest in AI companies. Wedbush analyst Dan Ives highlights this as just the beginning of AI-driven market growth, with major IPOs fro...
