BUZZ - CrowdStrike's stock rises on the launch of AI Kill Switch and acquisition of Fiddler

November 3 - ** Cybersecurity company CrowdStrike (CRWD.O) shares rose 2.4% to $247.5

** The company introduced an AI “kill switch” in its Falcon Guardian security product, allowing security teams to shut down runaway AI agents and block their further access

**This move comes amid a surge in cyberattacks leveraging uncontrolled artificial intelligence, while industry leaders have called for a slowdown in AI development (link)

** The company also announced in two separate statements that it will acquire automated AI security testing platform Dreadnode (link) and enterprise AI company Fiddler AI (link)

** Shares across the broader cybersecurity sector also gained: Okta OKTA.O, SentinelOne S.N, and Zscaler ZS.O all rose about 2%

** 41 analysts rate CRWD stock as “buy” or above, 12 rate it as “hold”, and 2 rate it as “sell” or below; median target price is $250—data compiled by LSEG

** Including today’s gains, CRWD shares have more than doubled this year

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