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Barchart
Barchart
Oscar Cierpial

A Key Cybersecurity CEO Says ‘We Must Fight AI With AI’ as Software Stocks Keep Selling Off. Are We Missing the Bigger Picture With Cyber Stocks?

In the current financial climate, investors must continuously digest new artificial intelligence (AI) advancements. While the broader market has shown resilience in rebounding from geopolitical volatility, specifically following recent tensions in the Middle East, a specific sector remains in the shadows: cybersecurity.

Leading cybersecurity firms such as Palo Alto Networks (PANW), Fortinet (FTNT), and Zscaler (ZS) have faced a bear market over the past year. This selloff is rooted in a market narrative that suggests AI will eventually automate security to the point of making traditional cybersecurity firms obsolete, offering protection at a significantly lower cost.

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