Cloud stocks jump, head for best day in nearly a year despite broad market declines
Tehnologie
Cloud and software stocks were a rare bright spot amid Thursday's market drop. The WisdomTree Cloud Computing Fund (WCLD) gained 2.7%, putting the exchange-traded fund on track for its best day since April 24, when it jumped 4.7%. Leading cloud stocks higher on Thursday was an 8.4% pop in Okta and Wix.com , and a roughly 7% gain in shares of MongoDB and Intapp . Sailpoint , an identity security tech provider for cloud enterprises, rose 6.5%, while Zscaler rose 1.5%. HubSpot and Paycom Software ,
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