<2>Why CrowdStrike’s Stock Just Won Another Fan on Wall Street
<3>Cybersecurity Firm’s Business May Benefit from AI Adoption
CrowdStrike Holdings Inc., a leading provider of cloud-delivered endpoint security solutions, has won over another Wall Street fan after a research note from Morgan Stanley suggested that the increasing adoption of artificial intelligence (AI) could actually boost the company’s business, rather than diminish it.
The cybersecurity firm’s stock has been on a tear in recent months, with shares gaining over 50% in the past year alone. While some investors may be concerned that the growing use of AI could lead to a decrease in the need for cybersecurity services, Morgan Stanley’s analysts believe that this is not the case.
< href='https://bloomberg.com' target='_blank'>Bloomberg reported that Morgan Stanley’s research note stated that the increasing use of AI could actually increase the need for cybersecurity offerings, as companies look to protect their data and systems from potential threats.
<3>The Growing Need for Cybersecurity
As AI becomes more prevalent in the business world, companies are looking for ways to protect their data and systems from potential threats. This is where CrowdStrike comes in, with its cloud-delivered endpoint security solutions providing a robust layer