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Each earnings season, we become accustomed to certain patterns. One pattern involves the biggest tech companies reporting earnings before many other smaller and medium-sized firms.
To come up with his list of stocks, Cramer first looked at the WisdomTree Cloud Computing Fund, an ETF that soared over 13% on Thursday.
To come up with his list of stocks, Cramer first looked at the WisdomTree Cloud Computing Fund, an ETF that soared over 13% on Thursday.
Cloud stocks tumbled still lower on Wednesday as investors worried anew about the implications of interest rates continuing to shoot upward.
Five9 shares plummeted on the sudden departure of the company’s CEO, and the rest of the cloud sector fell as investors continued rotating out of risk.