Latest news with #HACK
Yahoo
6 days ago
- Business
- Yahoo
Cybersecurity ETF (HACK) Hits New 52-Week High
For investors seeking momentum, Amplify Cybersecurity ETF HACK is probably on the radar. The fund just hit a 52-week high and is up 44.4% from its 52-week low price of $58.33/share. But are more gains in store for this ETF? Let's take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed: The Nasdaq ISE Cyber Security Select Index consists of a selection of constituents in the Nasdaq ISE Cyber Security Index. The product charges 60 bps in annual fees (See: All Technology ETFs). Given the recent surge in the adoption of AI technology, the need for cybersecurity becomes increasingly evident. Cyberattacks are on the rise as an increasing number of companies across various sectors are integrating generative AI and other aspects of technology into their daily operations. With corporate investments in AI continuing to rise, an inevitable increase in cybersecurity spending is expected. HACK might continue its strong performance in the near term, with a positive weighted alpha of 38.74 (as per which gives cues of a further rally. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amplify Cybersecurity ETF (HACK): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CNBC
6 days ago
- Business
- CNBC
A cybersecurity stock to play the AI trend, and why U.S. exceptionalism in markets isn't over
(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. ET each day.) Investors on Wednesday are looking at cybersecurity stocks as a way to play the next phase of the artificial intelligence trade. Plus, one investors breaks down his bond market forecast as hopes for Federal Reserve rate cuts in 2025 grow. Worldwide Exchange Pick: Cloudflare Sevasti Balafas, CEO Goalvest Advisory sees Cloudflare as a broader way to play the AI an tech trade. "A big part of the reason that we like them is that 80% of their revenue is stable subscriptions based and secure," said Balafas. "They are a broad platform it's not just cybersecurity that they are focusing on, they make our websites faster and more secure but it's not just security. They have a broader platform that we like. " Cloudflare shares are more than 60% higher year to date. The stock also makes up 5% of the Amplify Cybersecurity ETF (HACK) and 4% of the First Trust Nasdaq Cybersecurity ETF (CIBR) . Both funds are trading near all-time highs this week. Fed impact on the bond market With fed funds futures pricing in as many as two rate cuts in 2025, Ben Emons of FedWatch Advisors is seeing dovish signs. "The Fed has room, but the timing seems to be challenged because of the uncertainty ... I think the Fed is in a position to cut and will likely follow through," said Emons. But Emons believes rates will also stimulate the economy enough to significantly boost yields. "Yields should go higher from here as opposed to lower at least at the initial phase. I think we are going to test close to 5% (yield) on the 10-year simply because the economy is picking up," he said. Global market view from the SuperReturn Conference Julian Salisbury, co-CIO of Sixth Street Capital, shared his view of the global markets and U.S. exceptionalism. "I don't think the U.S. exceptionalism story is done; it's still the best investible market in the world," said Salisbury. "A lot of people are starting to say I have kind of gotten overweight just given the outperformance of my U.S. assets over the last five-to-10 years and maybe there is a chance to rebalance."
Yahoo
29-05-2025
- Business
- Yahoo
Hot ETFs: Cybersecurity, Income & Bitcoin
(1:15) - What Kind of Growth Can We Expect From The Cybersecurity Industry? (6:50) - Amplify Cybersecurity ETF: HACK (12:45) -What Is Driving the Popularity of Option Income ETFs? (19:00) - What Type of Investor Should Be Using Covered Call Products? (23:50) - Amplify CWP Enhanced Dividend Income ETF: DIVO (28:00) - Should You Be Using Single Stock Covered Call ETFs? (33:10) - Amplify CWP International Enhanced Dividend Income ETF: IDVO (37:00) - Breaking Down Amplify's Bitcoin ETF Products: BITY & BAGY (43:40) - Episode Roundup: Podcast@ In this episode of ETF Spotlight, I speak with Christian Magoon, Founder and CEO of Amplify ETFs, about some intriguing areas of the market that have attracted investors amid ongoing market volatility: cybersecurity, income, and Bitcoin. The global market for cybersecurity products and services is expected to witness immense growth as more companies incorporate AI into their operations—while criminals are also leveraging AI technology to amplify and intensify cyberattacks. While many companies may cut discretionary spending this year due to rising economic uncertainty, cybersecurity remains an area they cannot afford to ignore. Google parent Alphabet GOOGL recently announced a deal to acquire cybersecurity startup Wiz for $32 billion. We could see an increase in M&A activity in the cybersecurity space. Launched in 2014, HACK was the first cybersecurity ETF designed to provide cost-effective exposure to companies in the growing cybersecurity industry. Income-hungry investors have been piling into ETFs that use options strategies to generate attractive yields. In addition to offering high income, these strategies typically help reduce portfolio volatility. The Amplify CWP Enhanced Dividend Income ETF DIVO focuses on high-quality large-cap companies with a history of dividend growth and writes covered calls on individual stocks. Meta Platforms META and Apple AAPL are among its top holdings. While DIVO has significantly outperformed the market leader—JPMorgan Equity Premium Income ETF JEPI—both have underperformed the S&P 500 ETF (SPY) over the long term on a total return basis. Who are the ideal users of these products? The Amplify International Enhanced Dividend Income ETF IDVO follows the same strategy as DIVO but invests in international stocks. Newly launched Amplify ETFs combine two of the hottest trends: Bitcoin and income. They employ a covered call strategy tied to Bitcoin price exposure through the iShares Bitcoin Trust IBIT. Tune in to the podcast to learn more. And be sure to watch for the next edition of ETF Spotlight! If you have any comments or questions, please email us at podcast@ Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Amplify CWP Enhanced Dividend Income ETF (DIVO): ETF Research Reports JPMorgan Equity Premium Income ETF (JEPI): ETF Research Reports Meta Platforms, Inc. (META) : Free Stock Analysis Report Amplify CWP International Enhanced Dividend Income ETF (IDVO): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research
