Cloud computing stocks today: Microsoft and Oracle slide as Wall Street closes on New Year’s Day

NEW YORK, January 1, 2026, 1:30 p.m. ET – Market closed

• US stock markets will be closed on Thursday for New Year’s Day and will reopen on Friday. Nasdaq+1
• Cloud-focused ETFs SKYY and WCLD were last trading about 1% lower, while Microsoft was down about 0.8%.

U.S.-listed cloud computing stocks ended 2025 weaker as big cloud names and cloud-focused funds fell in the final session before Wall Street closed for the Lunar New Year holiday. Nasdaq

This is important now because cloud and enterprise software stocks have been central to the AI-driven market rally in 2025, leaving the group vulnerable to changes in risk appetite as we enter 2026. Reuters

The S&P 500 fell 0.74% and the Nasdaq fell 0.76% on Dec. 31 as technology stocks were among the day’s worst performers, Reuters reported. The year still ended with the S&P 500 up 16.39% and the Nasdaq up 20.36%, and Morgan Stanley Investment Management said it expects market performance to broaden in 2026. Reuters

Microsoft was last down…