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Cybersecurity firms CrowdStrike and Palo Alto Networks post record quarters fueled by AI-driven demand.

Market News
30 Jun 2026
CNBC
View Source
Bullish
pluang ai news

CrowdStrike and Palo Alto Networks achieved their best quarters ever, with stock gains of 95% and 113% respectively, driven by rising demand for advanced cybersecurity amid AI threats. The emergence of powerful AI models like Mythos, which hackers could exploit, has pushed companies to strengthen cyber defenses. Both firms have partnered early with AI developers and governments to secure AI technologies and have made strategic acquisitions to bolster identity security. Despite strong results, investor expectations remain high, causing some stock volatility after earnings reports.

More News (CRWD)

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