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NASDAQ:SKYY 27 December 2025

Cloud Computing Stocks Stock: Global X Cloud Computing ETF (CLOU) News, Forecasts, and the Setup Before Monday’s Open

Cloud Computing Stocks Stock: Global X Cloud Computing ETF (CLOU) News, Forecasts, and the Setup Before Monday’s Open

U.S. stock markets closed nearly flat Friday, with the Dow down 0.04%, S&P 500 off 0.03%, and Nasdaq losing 0.09%. The Global X Cloud Computing ETF (CLOU) ended at $22.92, up 0.17%, while SKYY and WCLD also posted small gains. Trading was light ahead of year-end, with investors watching for volatility in cloud stocks as rate sensitivity and AI-driven demand remain in focus.
27 December 2025
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Stock Market Today

  • Jindalee Lithium Targets US Re-rating with Nasdaq Listing for McDermitt Project
    April 9, 2026, 10:23 PM EDT. Jindalee Lithium Ltd aims to boost the valuation of its McDermitt Lithium Project in the United States through a Nasdaq listing under a new entity, US Elemental Inc. This strategic move values Jindalee's US assets at an implied equity of US$500 million within a total enterprise value of roughly US$571 million. The company will retain an over 80% stake in US Elemental, expected to list in the second half of 2026. Positioned under a US-domiciled structure, the listing seeks to attract American investors and align with U.S. critical minerals policies. The McDermitt project is among the larger lithium resources in the U.S. and the new capital access is intended to fund further drilling and feasibility studies, reflecting growing demand for battery materials in the electric vehicle market.

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Plug Power shares rose 2.5% to $2.715 Thursday after the company reaffirmed its target of positive EBITDAS by end-2026 and projected up to $200 million in savings from Project Quantum Leap. The update followed a major electrolyzer project win in Quebec and investor meetings in Toronto and Montreal. Plug reported 2025 revenue of $710 million and a fourth-quarter gross profit of $5.5 million.
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