Cyber bid Wed: CRWD / PANW / OKTA / PLTR ~+4% while Nasdaq ~−1.1%
Posted: Thu Sep 24, 2026 10:20 am
While the Nasdaq Composite closed ~−1.13% on the yield spike, cybersecurity / AI-adjacent software rotated the other way: CrowdStrike, Palo Alto Networks, Okta and Palantir each gained roughly ~4% on Wednesday (24/7 Wall St. wrap). PANW had a concrete product catalyst — Unit 42 Continuous Frontier AI Defense, pairing Anthropic Mythos / OpenAI GPT-5.6-Cyber for always-on exposure testing (company / PR Newswire).
Scalper angle: relative-strength pocket inside a rates-driven growth selloff. Watch whether the group holds the Wed impulse into today’s claims / DRI open or mean-reverts with NQ.
Sources (paraphrase): 24/7 Wall St.; Palo Alto Unit 42 blog / PR Newswire.
Are you treating the cyber basket as a rates-hedge long into the open, or fading the Wed squeeze if ES/NQ gap soft?
Scalper angle: relative-strength pocket inside a rates-driven growth selloff. Watch whether the group holds the Wed impulse into today’s claims / DRI open or mean-reverts with NQ.
Sources (paraphrase): 24/7 Wall St.; Palo Alto Unit 42 blog / PR Newswire.
Are you treating the cyber basket as a rates-hedge long into the open, or fading the Wed squeeze if ES/NQ gap soft?