CrowdStrike, Palo Alto hit records after Black Hat cyber conference illuminates rising AI threat

CrowdStrike Holdings Inc. and Palo Alto Networks Inc. shares hit record highs after the Black Hat cybersecurity conference highlighted the growing threat of AI-powered cyberattacks, renewing demand for AI-driven security tools. The conference underscored that AI is being used by both attackers and defenders, boosting investor confidence in cybersecurity vendors that integrate AI into their products.