27 August 2026
CrowdStrike and Okta surge on AI-driven cybersecurity spending
First reported
CNBC ran this on .
- CrowdStrike, which makes security software, gained 20% Thursday after beating earnings forecasts and raising guidance, citing growing cyberattacks powered by AI agents.
- Okta, an identity management company, surged 29% after reporting that new AI-focused products accounted for 30% of quarterly bookings and closing dozens of AI deals.