Cybersecurity is the practice of protecting critical systems and sensitive information from digital attacks. The Cybersecurity concept includes major US-listed companies that provide information technology security and cloud services.
Options Market Statistics: Big Tech Stocks Surge on Monday, Boosting S&P 500 and Nasdaq Gains
News Highlights
Nvidia, Tesla, Rest of Mag 7 Lift Stock Market Higher | Wall Street Today
The S&P 500 Index recovered from its biggest weekly slump since April, and the Nasdaq Composite Index rebounded, buoyed by gains in Nvidia, Tesla and the rest of their Magnificent Seven peers.
CrowdStrike has fallen more than 10% in recent days! The aftershocks of the global IT outage continue, and the stocks have been downgraded.
Due to a global IT system crash caused by CrowdStrike software updates, Delta Air Lines has canceled more than 5,000 flights from last Friday to this Monday. Analysts at Guggenheim, who downgraded CrowdStrike from buy to neutral, believe that it will take some time for the company to repair its image, which could affect its signing of new contracts.
Nasdaq Jumped, S&P and Dow Also Ended Higher as Biden Drops Out of Presidential Race
Datadog Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/22/2024 25.5% Cantor Fitzgerald $150 → $150 Reiterates Overweight → Overweight 07/16/2024 29.69%
CyberArk Software Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/22/2024 13.6% Cantor Fitzgerald $300 → $300 Reiterates Overweight → Overweight 07/11/2024 19.28%