CrowdStrike and Palo Alto Networks shares decline
CrowdStrike and Palo Alto Networks lost 8% and 3% respectively after earnings.
The introduction of Anthropic’s Mythos model had boosted shares of both companies over 70% between April and May.
Mythos is deemed too powerful to release due to potential software vulnerabilities.
The earnings marked the first major test for the Mythos-driven rally, with upbeat results and AI commentary not meeting investor demands.