The Themes Cybersecurity ETF (SPAM) surged 27.54% through May 2026, more than tripling the S&P 500's 8.16% return. A $10,000 SPAM investment grew to roughly $12,750 versus $10,820 in SPY. Zacks projects cybersecurity spending reaching $699 billion by 2034, though Goldman warns an AI capex reversal could erase the outperformance.
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Cybersecurity M&A Roundup: 26 Deals Announced in May 2026
Summary by ByteBrief