Shares of cybersecurity-related companies are trading lower. Reports suggesting that hackers used Anthropic's Claude assistant to access the internal code of OpenAI's ChatGPT may highlight to investors the challenges facing legacy security software makers amid AI's growth.

Cybersecurity Rally Hits a Valuation Reality Check. These ETFs Face the Fallout

Cybersecurity ETFs are sliding as CrowdStrike, Palo Alto Networks and Okta face valuation concerns after a rally. Here’s what it means for the AI-driven trade.

Fed Raises Rates, Yields Hit 2007 Highs as Fuel Costs Set Records: This Week On Wall Street

The Fed hiked for the first time since 2023; the 10-year yield touched 5.04%, and record diesel prices hit truckers and automakers.

B of A Securities Maintains Neutral on CrowdStrike Holdings, Raises Price Target to $260

B of A Securities analyst Tal Liani maintains CrowdStrike Holdings (NASDAQ:CRWD) with a Neutral and raises the price target from $230 to $260.

Datadog (DDOG) Outpaces Stock Market Gains: What You Should Know

Datadog (DDOG) rose 2.26% to $236.00, outperforming the S&P 500's 1.14% gain. The company is expected to report Q earnings of $0.64 per share (up 16.36% YoY) and revenue of $1.14 billion (up 28.88% YoY). However, the stock trades at a premium valuation with a Forward P/E of 91.22 versus the industry average of 20.36, and a PEG ratio of 6.25 compared to the Internet-Software industry average of 1.14. Datadog holds a Zacks Rank #3 (Hold) rating.

Shares of software companies are trading higher amid overall market strength, falling yields and declining oil prices.

Shares of cybersecurity-related companies are trading higher after AI executives from companies including Anthropic, OpenAI and SpaceXAI signaled that the industry's growth may have to be slowed, which may limit threats to software vendors.