Inside ETFs: Can cybersecurity keep up with rogue AI?
Cybersecurity stocks are soaring as investors bet that the rise of cutting-edge AI will bring a new wave of threats and new demand for protection. Christian Magoon from Amplify ETFs told Reuters that governments, businesses and consumers can’t afford to let cybersecurity spending fall, giving the sector a rare defensive edge in the growth-stock world.
Cybersecurity stocks are soaring as investors bet that the rise of cutting-edge AI will bring a new wave of threats and new demand for protection. Christian Magoon from Amplify ETFs told Reuters that governments, businesses and consumers can’t afford to let cybersecurity spending fall, giving the sector a rare defensive edge in the growth-stock world.
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