Mar. 27 at 5:01 PM
Cybersecurity names – including CrowdStrike
$CRWD , Palo Alto Networks
$PANW , Cloudflare
$NET , Zscaler
$ZS , and Okta
$OKTA – are trading lower on Thursday after Fortune reported that Anthropic inadvertently exposed details of an upcoming model release "in what appears to be a significant security lapse." However, Stephens believes the market is "misinterpreting the news" and contends that the "cyber capabilities" being described relate to the model's potential use in launching cyberattacks, not replacing cybersecurity solutions. Wells Fargo also views the selloff in cybersecurity stocks on Anthropic's leaked Claude Mythos details "as another clear misfire by the market."
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