Piper Sandler: CrowdStrike (CRWD.US) is overvalued and lacks catalysts in the short term, downgrading its rating to "Neutral".

Investment bank Piper Sandler downgraded its stock rating for cybersecurity company CrowdStrike from "shareholding" to "neutral", but maintained the target price at $400.

Zhitong FinanceJul 3 14:42

US stocks closing | S&P, Nasdaq hit new highs again! Tesla rose nearly 35% in seven days, and Nvidia rose more than 4.5% overnight.

S&P has reached a new high for two consecutive days, NASDAQ has reached a new high for three consecutive days, and Dow's intraday decline has significantly narrowed. Google, Apple, Microsoft, Taiwan Semiconductor in the US stock market have all reached new highs. Tesla has risen by 35% in seven days, and the chip stock index has risen by nearly 2%.

wallstreetcn06:05

Check Out What Whales Are Doing With CRWD

Financial giants have made a conspicuous bullish move on CrowdStrike Holdings. Our analysis of options history for CrowdStrike Holdings (NASDAQ:CRWD) revealed 39 unusual trades.Delving into the detail

Benzinga00:01

Is the market becoming impatient? More and more people are discussing the fact that AI burns so much money but earns so little.

So far, AI technology has produced almost no economic benefits. Faced with the huge gap between burning and earning money with AI, the market's patience for technology stocks is gradually disappearing.

wallstreetcnJul 3 22:54

Why CrowdStrike Stock Jumped 22% Last Month

Yahoo FinanceJul 3 22:09

The AI wave has driven the amount of risk investment in the USA to a new high in nearly two years, while the exit activity has continued to be sluggish.

In the second quarter of 2024, the amount of venture capital in the USA reached $55.6 billion, a 47% increase compared to the previous period and also the highest in the past two years. However, the continued slump in exit activities also poses challenges to the sustainability of VC financing and subsequent investments.

cls.cnJul 3 18:35