CrowdStrike Joins Wedbush AI 30 Index Amid AI Security Expansion

CrowdStrike, a leading network security company, has been added to the Wedbush IVES Artificial Intelligence (AI) 30 Stock Index. This index is designed to highlight companies at the forefront of AI innovation, and CrowdStrike's inclusion is a testament to its strong position in AI-driven network security solutions.

The index, which focuses on core AI targets for the next few years, has also added Roblox, a gaming platform, GE Vernova, an energy company, and Nebius, an AI infrastructure service provider. These additions reflect the growing importance of AI in various sectors, from gaming and energy to infrastructure.

CrowdStrike's inclusion in the index is attributed to its expansion of AI-driven security modules and the strong performance of its Charlotte AI product. This recognition underscores the company's commitment to leveraging AI to enhance its network security offerings.

Roblox was added to the index due to its AI exploration features, which enhance platform engagement and monetization potential. GE Vernova was included for its alignment with the demand for data center electrification, while Nebius was added due to the high demand for AI infrastructure.

The index has also seen several removals, including CyberArk, another network security company, C3.ai, an enterprise AI software provider, and Elastic, a search and analytics platform. CyberArk was delisted following Palo Alto Networks' disclosure of an acquisition plan, with its technology expected to be integrated into a larger AI security framework. C3.ai was removed due to organizational restructuring and changes in management. Adobe and Elastic were also removed due to a slowdown in AI progress in their product roadmaps and weakened demand for certain products.

This adjustment reflects Wedbush's dynamic assessment of companies that will shape the AI infrastructure, software, and commercial landscape over the next few years. The index is also part of the newly established Dan Ives Wedbush AI Revolution ETF, which aims to provide investors with exposure to the growing AI sector.