AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
CrowdStrike, a cybersecurity vendor, reported a 21% YoY revenue increase to $1.17bn in Q2, beating forecasts. Its Falcon platform, an all-in-one cybersecurity solution, features AI-powered automation and virtual assistant Charlotte. The company's revenue growth reaccelerated after a years-long streak of deceleration. However, its valuation is high, and shares have dropped 18% from their all-time high. Investors should weigh the stock's potential for further downside against its strong business momentum.

Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet