Shares of cybersecurity-related companies are trading lower. Akamai's seven-year, $11.6 billion cloud services agreement with Anthropic may be weighing on the sector due to losing business to a competitor, as well as the heavy capex burden and dilution incumbent upon the company as part of the deal.

CrowdStrike Stock Slides Amid Akamai's $11.6 Billion Deal

CrowdStrike Holdings shares are dipping Friday as cybersecurity stocks decline following Akamai's $11.6 billion cloud deal with Anthropic.

'US Justice Department Closes Investigation of CrowdStrike Deals' - Bloomberg News

https://www.bloomberg.com/news/articles/2026-09-25/us-justice-department-closes-investigation-of-crowdstrike-deals

Stock Market Today, Sept. 24: BlackBerry Lifts Fiscal 2027 Guidance on Record QNX Revenue

BlackBerry (BB) surged 4.18% after beating Q2 earnings expectations with 26% revenue growth and 81% adjusted EBITDA growth, while lifting full-year fiscal 2027 guidance. The company's QNX unit achieved 27% sales growth and is expanding beyond automotive into autonomous vehicles, robotics, and AI applications. However, the analyst notes caution at the current 46x forward earnings valuation.

Palo Alto Networks Surges 3%, What's Going On?

Palo Alto Networks stock gains over 3% as the cybersecurity leader debuts its AI-powered Unit 42 security scanner and earns top analyst backing.

Shares of cybersecurity-related companies are trading higher. The sector may be experiencing rotational interest from investors as a hedge against continued AI tool deployment, which may yield more demand for more security, or as a haven against weakness in AI-related tech stocks.

CrowdStrike Stock Hits 52-Week High - Here's Why

CrowdStrike stock jumps over 4% to hit a new 52-week high of $260.64. Read expert analyst ratings and key technical analysis on CRWD.