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News  ›  The Motley Fool

The Cloud Computing Market Could Surge by 218%: Buy This ETF That Holds a Big Position in Alphabet

The Motley Fool Logo The Motley Fool By Leo Sun
The Cloud Computing Market Could Surge by 218%: Buy This ETF That Holds a Big Position in Alphabet

The global cloud computing market is projected to expand by 218% from 2024 to 2030, driven by AI growth. The Invesco QQQ Trust ETF offers exposure to top cloud and AI stocks, with eight companies accounting for over half its holdings.

Insights
GOOG   positive

Owns the world's third-largest cloud infrastructure platform and is a key holding in the recommended ETF