CrowdStrike (CRWD 0.19%) has generated big gains since its public debut in June 2019. The cybersecurity company went public at $34 with a valuation of $6.7 billion, and it now trades at about $300 with a market cap of $70 billion.The bulls loved CrowdStrike because it was disrupting older cybersecurity companies with its cloud-native services, which locked its customers into sticky subscriptions and eliminated the need for on-site appliances. From fiscal 2020 (which ended in Jan. 2020) to fiscal 2023, its a ...

When one flagship stock in an industry drops a piece of very good news, many peers get lifts simply by association. That was the impetus behind the notable share price advances of quite a few specialty tech stocks on the second-to-last trading day of the week.Top cybersecurity companies landed in positive territory, with CrowdStrike Holdings (CRWD 6.34%) booking a more than 6% gain on the day and Palo Alto Networks (PANW 2.23%) rising by over 2% despite a Wednesday earnings release that really displeased th ...

A number of cybersecurity companies slumped out of the gate Wednesday morning and never looked back. As of 1:35 p.m. ET, shares of Zscaler (ZS -14.85%) had plunged by 13.9%, SentinelOne (S -12.33%) was down 10.8%, CrowdStrike Holdings (CRWD -10.84%) had tumbled by 9.4%, Fortinet (FTNT -4.58%) was off by 4.2%, and Cloudflare (NET -4.26%) had lost 4.2%.A check of all the usual sources -- regulatory filings, analyst commentary, and financial reports -- found no company-specific news fueling these declines, sug ...

CrowdStrike (CRWD) has officially launched Charlotte AI and Falcon for IT for public, while also enhancing Falcon Data Protection (FDP) with new features.Charlotte AI was first launched in early 2023 as a security analyst with conversational AI capabilities for simplifying cybersecurity management for businesses. The solution came with capabilities that allowed security analysts to inquire and get responses in plain language.Charlotte AI formed the basis of Falcon for IT’s workflow. The solution used Charlo ...

AUSTIN, Texas--(BUSINESS WIRE)--CrowdStrike (Nasdaq: CRWD) today announced the findings of the 2024 CrowdStrike Global Threat Report, highlighting a surge in adversaries leveraging stolen identity credentials to exploit gaps in cloud environments and maximize the stealth, speed and impact of cyberattacks. The report also details the biggest threats on the horizon for 2024, including the disruption of global elections and the exploitation of generative AI to lower the barrier of entry and launch more sophist ...

Not every touchdown during Super Bowl 58 happened on the field. Advertising slots are very competitive during the big game and cost companies millions of dollars to run. These corporations only have 30 seconds to make a lasting impression on viewers as they wait for the game to resume.Commercials can bring awareness to new products or highlight core products that have helped a corporation for many years. These three stocks looked promising before their Super Bowl ad campaigns. However, they look more entici ...

With artificial intelligence becoming increasingly ingrained in our daily lives, can the innovation pick out the best cybersecurity stocks for robust returns? I’m eager to find out!Heading over to ChatGPT, I asked the digital intelligence platform to provide me with cybersecurity stocks that have “serious upside potential,” mentioning the 10X target. Given the limitations for AI stock predictions, I wasn’t caught off guard with its suggestions. If anything, I was a bit bored.Nevertheless, I simply wanted an ...

Shares of CrowdStrike (CRWD -0.65%) have surged to new highs this year, but analysts at HSBC think the cybersecurity specialist has more in the tank. The bank's financial services firm recently adjusted its price target to $411, representing an upside of 25% from the current share price of $329.The firm initially rated the stock a buy in September when the shares traded around $165. Since then, CrowdStrike has reported solid growth as companies continue to view cybersecurity as a must-have in today's enviro ...

On Feb. 9, the S&P 500 closed above 5,000 for the first time ever. Optimism around artificial intelligence (AI) has been a significant catalyst, with stocks like Nvidia leading the market higher. But Nvidia isn't your only option. Here are three other AI stocks worth considering right now.1. MicrosoftMy first pick is the largest company in the world by market cap: Microsoft (MSFT -0.61%). What makes Microsoft stand out in the AI crowd right now is how quickly the company is bringing AI advancements to marke ...

Buying growth stocks at a reasonable price is one of the best ways to compound your wealth. In an overvalued market today, finding a reasonably valued stock for growth isn’t straightforward. However, below, we will highlight a few picks whose growth and profitability can compensate for your current price.These three stocks are supported by three long-term themes: cybersecurity, cloud migration and emerging market capital markets development. These themes present an incredible opportunity for these stocks th ...