3 Stocks That Can Benefit From CrowdStrike’s Blunder

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 44 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 53%

Broadcom Inc News

Fortinet Inc,Palo Alto Networks Inc,Crowdstrike Holdings Inc

Stocks Analysis by The Tokenist (Timothy Fries) covering: Broadcom Inc, Fortinet Inc, Palo Alto Networks Inc, CrowdStrike Holdings Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com

According to Australian web security specialist Troy Hunt, the global IT infrastructure outage today is looking to be the “largest IT outage in history.” Reminiscing on the Y2K craze that never materialized, Troy noted that it is “basically what we were all worried about with Y2K, except it’s actually happened this time.”and caused disruptions in emergency services, banking, retail, healthcare, and telecoms.

Yet, given the cost-benefits, a shift to localized services from cloud-based solutions is unlikely. It is more likely that other cybersecurity companies will step in and nibble on CrowdStrike’s dominant 23.88% market share. Here are three stocks that could benefit.) is one of the primary beneficiaries of the AI narrative. In fact, on a one-year timeline, AVGO stock outperformed even Taiwan Semiconductor Manufacturing at 80% vs 62% respectively.

However, CrowdStrike is often regarded as simpler to use and easier to deploy. After the recent debacle, that may become a less mitigating factor as Broadcom’s cybersecurity division ups the game.) holds an estimated 4.9% share in the networking hardware market while sharing a dominant position in the firewall market at 21% with Palo Alto Networks holds a narrowly dominant market share in the firewall market.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These 3 Stocks Are Cathie Wood’s Largest BetsStocks Analysis by The Tokenist (Timothy Fries) covering: S&P 500, Alphabet Inc Class A, Apple Inc, Amazon.com Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Stocks to Watch: WBA, Micron Technology, Palo Alto NetworksStocks Analysis by The Tokenist (Timothy Fries) covering: Micron Technology Inc, Walgreens Boots Alliance Inc, Palo Alto Networks Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

3 Biotech Stocks That Could Gain Exponentially By Leveraging AIStocks Analysis by The Tokenist (Timothy Fries) covering: Skye Bioscience Inc, Abcellera Biologics Inc, Janux Therapeutics Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

TSMC, Netflix, and American Express to Report Earnings This Week: What to ExpectStocks Analysis by The Tokenist (Timothy Fries) covering: Apple Inc, Amazon.com Inc, NVIDIA Corporation, Mastercard Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

5 High-Quality Dividend Stocks to Hold in a Passive PortfolioStocks Analysis by The Tokenist (Timothy Fries) covering: Dominion Energy Inc, Altria Group, Verizon Communications Inc, Evolution Petroleum Corporation Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »