Cybersecurity Stocks Can’t Seem to Catch a Break. Here’s What’s Weighing on the Sector.

Key Takeaways Palo Alto Networks and CrowdStrike led cybersecurity stocks lower Friday following a report Anthropic is testing new AI models that could disrupt the industry. Many cybersecurity stocks have had a tough start to the year amid worries about the impact of developments in AI. Cybersecurity stocks took a hit Friday, deepening the sector's recent slump on AI fears. Shares of Palo Alto Networks (PANW) and CrowdStrike (CRWD) dropped close to 6% to rank among the biggest decliners in the S& ...