Every investor is in the game to find the ‘growth winners’ in the stock market. In the previous year, it was clear that AI-focused tech led the way in a bullish market. Now, Bernstein analyst Peter Weed is shifting his focus to 2024, where he sees opportunity in several cybersecurity stocks. Weed acknowledges that the cybersecurity sector has faced headwinds that did not impact the larger tech scene. The rapidly evolving online and digital threats combined with the fast pace of innovation in the
If you use a computer, your data likely got leaked in what researchers have called the mother of all data breaches. Twenty brands have had over 100 billion leaked records, with the largest being Tencent's 1.5 billion. Brands more familiar to Western consumers such as LinkedIn, X, Venmo, Canva, Apollo and Adobe have also been hit. Cybernews Head of Security Research Mantas Sasnauskas summed up the scale of the shocking breach, saying "Probably the majority of the population have been affected." W
You might not expect to find stocks like Broadcom (NASDAQ:AVGO) or Crowdstrike (NASDAQ:CRWD) in a defense ETF, but the SPDR S&P Kensho Future Security ETF (NYSEARCA:FITE) is a unique defense ETF that takes a differentiated, forward-looking approach to national security and the defense industry. The concept of warfare is rapidly evolving and now increasingly encompasses cyber warfare, drones, space, and other new arenas. That’s why the FITE ETF goes beyond tanks, fighter planes, and missiles and
Raymond James downgraded Palo Alto Networks on Monday while Wedbush raised its price targets on PANW stock and a few other companies. The post Cybersecurity…