HACK News and Press, ETFMG Prime Cyber Security From 06/30/23

2023-06-30 09:35:00 ET Summary Investments in cybersecurity have risen significantly over the last decade with the acceleration and advancement of the digital economy and fueled by the Covid 19 pandemic and the widespread adoption of work-from-home policies. Thematic ETFs focused ...

2023-06-29 21:10:00 ET Summary There are some companies putting “AI” in their names, but it is not yet a huge number and they have real business reasons for doing so. Naturally, investors will look to track measures like the intensity with which firms are using AI or...

2023-06-28 03:47:37 ET Summary ETFMG Prime Cyber Security ETF provides investors with broad exposure to the US cybersecurity industry, focusing primarily on large-caps and mid-caps. The cybersecurity industry has favorable long-term growth projections, with the industry expected t...

2023-06-26 07:00:00 ET Summary Persistent inflation is forcing central bankers to tighten more forcefully, risking a surge in yields and associated market and economic instability. Persistent inflation is forcing central bankers to tighten more forcefully, risking a surge in yield...

2023-06-24 05:36:00 ET Summary The S&P 500 has been climbing higher in recent weeks, thanks almost entirely to surging mega-cap stocks that are riding the ripple effects of AI hysteria. The S&P 500 has been on an impressive run, rising approximately 13% this year. However,...

2023-06-23 23:35:00 ET Summary The performance of tech and other growth-related stocks has indeed been impressive this year. he Russell 1000 Growth index, as of the June 22 close, was up around 26.4 percent since January 1, while its counterpart the Russell 1000 Value index was up...

2023-06-21 13:30:00 ET Summary What gives us confidence in a 2H23 tech recovery. 1Q23 earnings takeaways: hardware bottomed, software to follow. As we get into 2H23, comps get significantly easier. What gives us confidence in a 2H recovery A downturn follows a ty...

2023-06-13 14:59:47 ET Summary Equity markets have held up well, with leading sectors such as AI and semiconductors maintaining gains. Sectors such as industrials, materials, transports, and cybersecurity are showing signs of joining the rally. Improved market breadth could al...

2023-06-13 06:09:40 ET Summary The increasing use of cloud technology and digitization of businesses has led to a higher demand for cybersecurity solutions, raising the outlook for WCBR. Cybersecurity is particularly important for industries such as the military, healthcare, and a...

2023-06-12 04:29:11 ET Summary I continue to be bullish on the global cybersecurity market and the leading companies that operate in that space. However, it is time to acknowledge that the BUG cybersecurity ETF is simply not working as a "growth" investment. Indeed, over the p...