The U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) is a niche thematic fund tracking marine shipping, air freight and courier, and port and harbor operating companies across the globe.
SEA is Southeast Asia's e-commerce leader, excelling in vision, execution, and now sustainable free cash flow generation. Shopee, SEA's e-commerce platform, is turning profitable, with potential for 12% EBITDA margin by 2027 and significant earnings growth. Valuation is attractive at 0.7x PEG, with a 2025 price target of $205 and over 100% upside potential by 2027.
MILAN (Reuters) - Hackers targeted around ten official websites in Italy on Saturday, including the websites of the Foreign Ministry and Milan's two airports, putting them out of action temporarily, the country's cyber security agency said. The pro-Russian hacker group Noname057(16) claimed the cyber attack on Telegram, saying Italy's "Russophobes get a well deserved cyber response". aAdsList.push('Article'); aAdsListSize.push([300, 250]); aAdsListCA.push(null); A spokesperson for Italy's cyber security agency said it was plausible that the so-called "Distributed Denial of Service" (DDoS) attack could be linked to the pro-Russian group. In such attacks, hackers attempt to flood a network with unusually high volumes of data traffic in order to paralyse it. The spokesperson said the agency provided quick assistance to the institutions and firms targeted and that the attack's impact was "mitigated" in less than two hours. The cyber attack has not caused any disruptions to flights at Milan's Linate and Malpensa airports, a spokesperson for SEA, the company which manages them, said. While the websites were inaccessible, the airports' mobile apps continued to function, the SEA spokesperson added. (Reporting by Giulio Piovaccari. Editing by Jane Merriman)