While the huge spike in spending on artificial intelligence (AI) has gotten all the investment attention in the technology sector over the past year, that doesn't mean that increased cybersecurity spending went away. In fact, market research company Gartner recently forecasted that cybersecurity spending will increase from $183.7 billion in 2024 to $293.9 billion in 2028 (a 60% increase).
Investing in growth stocks is one of the best ways for you to build your wealth for retirement. However, with thousands of companies ripe for the picking, it can be tough to pinpoint what you should focus your attention on.
CrowdStrike is back near highs despite crashing in July. Why Raymond James' David Cox calls it "immediately suspicious.
In the most recent trading session, CrowdStrike Holdings (CRWD) closed at $348.04, indicating a +1.93% shift from the previous trading day.
Investors often have access to the best minds on Wall Street without even knowing it most of the time, and this is a critical piece of information everyone should keep track of to reverse engineer what analysts are suddenly becoming bearish on. When Wall Street analysts decide to upgrade a stock's rating and valuation, it usually pays to attempt to understand the decision and its reasoning.
Shares of CrowdStrike (CRWD -3.56%) jumped 34% in 2024, according to data provided by S&P Global Market Intelligence. In July, CrowdStrike stock was trading up more than 50% for the year but then it had a major incident involving a faulty software upgrade.
While CRWD's focus on innovation and a diversified product portfolio provides a strong foundation for future growth, premium valuation warrants caution.
CrowdStrike Holdings (CRWD) reachead $358.72 at the closing of the latest trading day, reflecting a -0.34% change compared to its last close.
Delta Air Lines reports its Q4 earnings on Friday, with expectations of revenue growth between 2-4% and EPS between $1.60-$1.85. DAL's mixed track record in meeting revenue and EPS estimates, coupled with recent performance, suggests caution ahead of the earnings release. Investors should monitor the impact of the holiday season on DAL's performance and any updates on the lawsuit against CrowdStrike.
CrowdStrike's CEO says the company has turned last year's crisis into an opportunity. A botched update by the cybersecurity company last summer caused a worldwide outage of Windows computers and servers.
Cybersecurity threats are always lurking, and companies of all sizes must constantly stay vigilant to protect their data and their customers' privacy. Staving off new threats is getting more difficult because criminals and rogue nations are now using artificial intelligence (AI) to make threats more sophisticated.
Breakthroughs in artificial intelligence (AI) have been a major stock market investing theme in recent years, amid growing optimism that the technology's potential to transform various industries is just getting started.