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CrowdStrike shares jump after reporting its best quarter in history
MarketWatch reports the cybersecurity company’s results were boosted by both customer demand and concerns about artificial intelligence’s impact.
CrowdStrike Holdings shares surged after the cybersecurity firm reported what it called its best quarter in history, according to MarketWatch.
The outlet said the quarter was record-breaking and partially supported by market fears about how powerful artificial intelligence could be.
MarketWatch noted that the stock reaction reflected investors focusing on the strength of the company’s performance alongside the AI-related demand backdrop.