CrowdStrike jumped over 11% after exceeding second-quarter estimates and raising full-year guidance, driven by heightened demand for AI security solutions.
The threats posed by advanced artificial intelligence models have led to a rally in cybersecurity stocks. A basket of such stocks tracked by Goldman Sachs has more than doubled since its April 10 low, when Anthropic restricted its release of its Mythos model over concerns that it could be used in cyberwarfare and attacks. During that time, CrowdStrike, Palo Alto Networks and Fortinet each […]