Cloud computing stocks rebounded — but Amazon’s $200 billion spending plan keeps traders on edge
NEW YORK, Feb 7, 2026, 13:03 EST — The market has closed. Cloud computing names caught a bid Friday. First Trust Cloud Computing ETF climbed 4.4%, while WisdomTree Cloud Computing Fund tacked on 3.5%. The group’s late-week rally followed a volatile run for tech. Amazon dropped 5.6%. Microsoft managed a 1.8% gain, Alphabet shed 2.5%. Cloudflare and Datadog finished higher.