Amplify Cybersecurity ETF

HACK

Market cap $2.76B

International Business Machines Corp. (NYSE:IBM) warning that clients paused software and mainframe spending amid "rapidly-evolving, industry-wide cybersecurity concerns" sent the stock down more than 24% on Tuesday, heading towards its worst daily performance ever.

Cybersecurity combines defensive spending with tech-sector growth, and two ETFs dominate retail exposure: the First Trust NASDAQ Cybersecurity ETF (NASDAQ:CIBR) and the Amplify Cybersecurity ETF (NYSEARCA:HACK).

Global cybersecurity spending is forecast to exceed $300 billion in 2026, and the catalyst is no longer abstract.

Software ETFs reached oversold territory after a sharp June pullback, yet April lows remain decisively defended, signaling resilience. Cybersecurity leaders CRWD and PANW decisively outperform, trading at elevated multiples (CRWD ~130x, PANW >70x), while broader application software trades below 19x forward P/E.

STOCKHOLM, SE / ACCESS Newswire / June 24, 2026 / STOCKHOLM, SE / ACCESS NEWSWIRE / June 24, 2026 / Hacksaw (STO:HACK) - Hacksaw Gaming announces a new partnership with PASINO.ch, further strengthening its presence in Switzerland with a selection of its innovative slot titles now available on the platform. PASINO.ch is a popular casino brand in Switzerland, bringing a traditional casino experience to players in a modern digital environment.

STOCKHOLM, SE / ACCESS Newswire / June 17, 2026 / Hacksaw (STO:HACK) - Hacksaw Gaming has partnered with Casino.si, bringing its distinctive slot portfolio to players at the operator's platform in the locally licensed Slovenian market. Casino.si is operated by Casinò Portorož, one of the country's most established gaming brands.

STOCKHOLM, SE / ACCESS Newswire / June 12, 2026 / Hacksaw (STO:HACK) - On 20 May 2026, the Board of Directors of Hacksaw AB (publ) ("Hacksaw" or the "Company") issued a notice to summon an Extraordinary General Meeting on 15 June 2026 (the "EGM") for the purpose of implementing a long-term incentive program for key employees ("Key Employee LTIP 2026/2029:2"). The Company has identified that the original valuation of the Key Employee LTIP 2026/2029:2, made by an external advisor, contained a wrongfully conducted valuation of the warrants.

Enterprise cybersecurity budgets are on track to reach $215 billion in 2026, according to Gartner, as AI-powered phishing, prompt-injection attacks against language models, and tighter CISA disclosure rules push security spending higher across every industry.

The expeditious if not aggressive rollout of artificial intelligence (AI) has had its fair share of consequences—both positive and negative—in just a few years.

The next major test for the software sector arrives at 4:05 PM ET on Wednesday, June 3, when CrowdStrike (NASDAQ:CRWD | CRWD Price Prediction), one of the sector's most closely watched companies, reports fiscal first-quarter 2027 results.