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00:03CrowdStrike and Palo Alto Networks posted their best quarters on record as demand for
00:07AI-driven cybersecurity tools accelerated, according to CNBC. CrowdStrike rallied 95%
00:14between April and June, while Palo Alto gained 113%. Both companies benefited as businesses moved
00:21to strengthen cyber defenses against Mythos-class AI models, capable of finding software vulnerabilities
00:27and launching attacks. Palo Alto said more than 1,200 customers reached out to discuss
00:34cybersecurity after Mythos, leading to 800 meetings in six weeks. CrowdStrike said its
00:40FalconShield Identity Protection Platform ended the fiscal first quarter with four times annual
00:46recurring revenue growth. CrowdStrike and Palo Alto's sharp gains have increased investor scrutiny
00:52and raised earnings expectations, as both stocks fell after strong results and positive AI
00:59commentary. Bernstein warned investors may expect even faster growth from Mythos, Glasswing,
01:04and regulatory pressure. For all things money, visit Benzinga.com.
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