When ransomware attacks hit the headlines and data breaches dominate the news cycle, cybersecurity stocks tend to rally. ...

Core Insights - The Themes Cybersecurity ETF (NYSEARCA:SPAM) offers investors a way to gain exposure to the evolving cybersecurity sector without the need to analyze individual companies [2][3] - Launched in December 2023, SPAM is heavily weighted towards information technology at 65%, with a smaller allocation to industrials [3] - The fund holds a diversified portfolio of 36 holdings, with Akamai Technologies (NASDAQ:AKAM) being the largest at 6%, followed by Qualys (NASDAQ:QLYS) and CACI International (NYSE:CACI) [4] Fund Structure and Fees - SPAM charges a 0.35% expense ratio, which is considered middle tier for thematic ETFs, reflecting the specialized nature of cybersecurity exposure [5] - The fund currently has $2.4 million in assets under management, which may create trading friction for larger positions [5] Performance Analysis - Since its launch, SPAM has gained approximately 19.4%, which is significantly lower than the S&P 500's performance, which was nearly four times greater during the same period [6][7] - The performance gap has widened as cybersecurity stocks face challenges while the broader market continues to rise [6]

New York, NY, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Frequency Holdings Inc. (OTC: FRQN) today announced the relocation of its Manhattan office to 14 Wall Street, 20th Floor, New York, NY 10005, establishing a direct presence on Wall Street as the company’s executive, investor, and capital market activity continues to expand. The relocation follows Frequency’s initial New York expansion last year. After opening its first Manhattan office, the company was presented with an opportunity by property management to re ...

Group 1: Core Insights - IBM's QRadar Security Information and Event Management (SIEM) and Security Orchestration, Automation and Response (SOAR) platforms have integrated with Criminal IP, enhancing threat detection and response capabilities for security teams [1][7] - The integration allows QRadar to analyze firewall traffic logs and assess IP address risks, labeling them as High, Medium, or Low risk, which aids analysts in investigating threats more efficiently [2][7] - The QRadar SOAR platform automates threat enrichment during incident response, utilizing pre-built playbooks to streamline the process and reduce manual work [3][7] Group 2: Competitive Landscape - IBM faces competition from Oracle and Microsoft in the cybersecurity domain, with Oracle enhancing its platform through security updates and partnerships for AI-driven threat detection [4] - Microsoft has improved its cybersecurity features and partnered with firms like Rapid7 to bolster threat detection and response capabilities [5] Group 3: Financial Performance - IBM shares have increased by 16.4% over the past year, while the industry has seen a growth of 100.3% [6] - Earnings estimates for IBM have risen, with 2026 estimates increasing by 0.9% to $12.35 and 2027 estimates increasing by 1.7% to $13.29 [8] - IBM's forward price-to-sales ratio stands at 3.89, which is below the industry average, indicating potential valuation opportunities [9]

Financial Data and Key Metrics Changes - Revenue for the first quarter was reported at $68.9 million, down from $90.8 million in the prior year, primarily due to the conversion of certain programs to small business set-aside contracts, resulting in an approximate $18 million decrease [11] - Adjusted EBITDA for the quarter was $6.5 million, compared to $9.9 million in the prior year, with a sequential improvement in adjusted EBITDA margin to 9.5% [12][14] - Free cash flow usage was approximately $4.8 million during the quarter, an improvement from $12.1 million in the previous year [13] Business Line Data and Key Metrics Changes - The revenue contraction was largely attributed to small business set-aside conversions, particularly from CMOP and Head Start programs [11] - The company is focused on expanding efficiencies and margins while managing indirect costs, which are expected to improve in the second quarter [12][30] Market Data and Key Metrics Changes - The company noted improved demand across core markets, particularly in defense and intelligence, with a focus on rapid delivery, cost efficiency, and digital modernization [5][8] - Federal health agencies received funding increases compared to fiscal 2025 levels, which is expected to positively impact the company's organic growth initiatives [4] Company Strategy and Development Direction - The company is committed to three strategic pillars: digital transformation and cybersecurity, science, research and development, and systems engineering and integration [8] - There is a focus on leveraging technology and innovative tools to enhance productivity and competitive positioning [6][9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in exiting fiscal 2026 in a stronger position, supported by improved budget clarity and a healthy addressable market [10][15] - The management team emphasized the importance of maintaining a competitive indirect cost profile to support organic growth [28] Other Important Information - The company is actively working on deleveraging its balance sheet, with debt increasing to $136.6 million during the quarter, but remains compliant with financial covenants [14] - The management highlighted the need for agility in operations to compete effectively in both government and potential commercial markets [58] Q&A Session Summary Question: What accounted for the remaining $4 million in revenue decline? - The decline was attributed to smaller impacts from DOGE initiatives and the wrap-up of a USAID project [19][21] Question: Update on CMOP contracts and transition timing? - The company expects a complete wrap-up of CMOP work by Q3 of the current fiscal year, with manageable processes for transitions [25] Question: Insights on cost reductions and their impact? - Cost reductions are reflected in Q1 results, and the company is scaling costs related to CMOP as revenue volume changes [30][31] Question: Market opportunities and bidding activity? - The company has seen limited bid opportunities due to budget uncertainty but anticipates more stability moving forward [36][40] Question: Focus on civilian clients and commercial opportunities? - The company works with federal civilian agencies and is exploring more commercial opportunities, particularly in biotech [50][51]

Group 1 - CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is identified as a potential undervalued stock in the cybersecurity sector, with a noted decline of 30% from its highs [1] - The company is recognized for its cloud-based cybersecurity solutions, providing protection for endpoints, cloud systems, identities, and data [3] - The trust continues to support CrowdStrike despite its stock decline, emphasizing its importance in the cybersecurity space and the potential for collaboration with AI technologies [1][3] Group 2 - There is a belief that certain AI stocks may offer greater upside potential compared to CrowdStrike, indicating a competitive landscape in the investment space [4] - The article suggests that while CrowdStrike is a strong player, other investment opportunities in AI may present less downside risk [4]

Company Overview - Okta, Inc. (NASDAQ:OKTA) specializes in identity management and security solutions, providing products that enable secure access, authentication, and governance across both cloud and on-premises systems [2] Market Performance - Despite having strong business fundamentals and good performance in recent quarters, Okta's stock has declined over 30% from its highs in May, even falling below its levels after the market downturn in April [2] Investment Potential - Jim Cramer identified Okta as a potential undervalued buy, noting that the stock is currently trading at 23 times this year's earnings, which may present a buying opportunity [1] - The company is expected to experience only 7% earnings growth this year, which is considered unusual for a company of its caliber [1] - CEO Todd McKinnon highlighted the significant opportunity for Okta in securing AI agents being developed within enterprises, indicating a potential growth area for the company [1]

Core Viewpoint - A class action lawsuit has been filed against Coupang, Inc. for allegedly misleading investors regarding its cybersecurity practices, leading to significant losses during the specified class period from May 7, 2025, to December 16, 2025 [1][3]. Group 1: Lawsuit Details - The lawsuit claims that Coupang's inadequate cybersecurity allowed a former employee to access sensitive customer information for nearly six months without detection [3]. - As a result of the cybersecurity incident, Coupang's CEO resigned, which contributed to the decline in investor confidence and financial losses [3]. Group 2: Investor Information - Investors who purchased Coupang securities during the class period have until February 17, 2026, to seek appointment as lead plaintiff representatives [2]. - Interested investors can contact Berger Montague for more information regarding their rights and the lawsuit [4]. Group 3: Law Firm Background - Berger Montague is a prominent law firm specializing in complex civil litigation and class actions, with a history of recovering over $50 billion for clients [5]. - The firm has achieved more than $2.4 billion in post-trial judgments in 2025 alone, indicating its strong position in the legal field [5].

Group 1 - The core perspective at the World Economic Forum 2026 is that crypto is evolving from a parallel financial system to an emerging institutional infrastructure, shaped by regulation and market structure [1][2] - The discussions at Davos have shifted from hype to execution, focusing on what can realistically be achieved in 2026 under specific rules and expected returns on capital [1][4] - Crypto is now being evaluated based on compliance, governance, and measurable outcomes rather than narratives, indicating a significant shift in perception [3] Group 2 - Stablecoins have emerged as the most deployable use case in the crypto space, with institutional demand and regulatory attention aligning [5] - Tokenization is being viewed as a targeted efficiency upgrade rather than a sweeping transformation, emphasizing faster settlement and improved operational risk management [5] - The competition for executive capital in 2026 is intense, with crypto now contending with AI, cybersecurity, and operational resilience for attention [6] Group 3 - At Bloomberg House, the focus was on legislative constraints affecting crypto, particularly the stalled Clarity Act, which has implications for tokenized equities and DeFi [8] - The delay in legislative progress highlights that policy details are currently more critical to adoption than technological advancements [8] - The debate surrounding stablecoins involves yield, consumer protection, and financial stability, indicating active fault lines in the regulatory landscape [8][9]

Core Insights - Parsons Corporation has been awarded a $125 million contract over five years to support the U.S. Army's research and development initiatives, specifically through the Army Research Laboratory and its High Performance Computing Modernization Program [1][2] - This contract reflects Parsons' long-standing commitment to innovation and excellence in military support, continuing a partnership with the Army Research Laboratory that has lasted over 20 years [1][2] Company Overview - Parsons is recognized as a leading provider of disruptive technology in national security and global infrastructure markets, with expertise in areas such as cyber and electronic warfare, space and missile defense, and critical infrastructure protection [5] - The company emphasizes its agility and rapid development capabilities to deliver transformative solutions that enhance national security and mission readiness [2][5] Contract Details - Under the new contract, Parsons will provide a range of services including research, development, testing and evaluation, infrastructure operations, and project management [3] - The initiative aims to enhance scientific research and technology in critical areas such as information processing, network sciences, and advanced computing [2][3] Collaboration and Impact - The collaboration with the Army Research Directorate is designed to empower the Army's capabilities in AI/ML research and cybersecurity, contributing to impactful operations [2] - The contract also includes support for the Defense Research and Engineering Network operations, ensuring robust network security and effective systems administration [3]