Amplify Cybersecurity ETF

HACK

Market cap $1.91B

As the conflict in Iran continues longer than the timeframe previously outlined by the Trump administration, investors are weighing longer-term impacts to the U.S. economy and markets. Amplify ETFs CEO Christian Magoon and MFS head of ETF capital markets Jamie Harrison join CNBC's Dominic Chu on “ETF Edge” to discuss how traders are handling the volatility.

The global cybersecurity market surged to an estimated $272 billion in 2025, with IT security budgets outpacing general software spending by 50%. Stolen credentials were the initial access point in 22% of all corporate breaches, driving a massive enterprise shift toward identity protection and zero-trust software.

Even as the Nasdaq slid into correction territory, shares of prominent software companies like Salesforce, CrowdStrike and Figma finished the session higher.

Nvidia's GTC 2026 reveals a transformative AI stack, accelerating SaaS's shift to GaaS and threatening seat-based revenue models, while lowering the barriers to entry. I see Monday.com, Atlassian, and HubSpot facing severe commoditization risks as Agentic AI automates workflows and erodes their competitive moats.

The war in Iran is entering its third week with no end in sight. That, according to Goldman Sachs analysts, warrants some portfolio changes.

Cyber ETFs like CIBR are gaining traction as the Middle East war fuels demand for digital defense, lifting cybersecurity stocks.

Iran war volatility lifts oil and rattles stocks. But tech ETFs, powered by AI, cloud and cybersecurity demand, are emerging as surprising defensive plays.

In just two months, the iShares Expanded Tech-Software Sector ETF fell more than 22%, taking its total decline from its peak to over 30%. In the early weeks of 2026, it seemed as though every weekend a new negative article about the sector was published.

A specter is haunting Wall Street—the specter of the “SaaSpocalypse.” Since the iShares Expanded Tech-Software Sector ETF (IGV) peaked on September 19, 2025, it has fallen roughly 30%.

Cybersecurity stocks and shares in providers of software-development tools retreated after Anthropic released "Claude Code Security."