10 AI News Dominating Wall Street Today

2. CrowdStrike Holdings, Inc. (NASDAQ:CRWD)

Number of Hedge Fund Holders: 74   

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a leader in AI-driven endpoint and cloud workload protection. On December 19, Jefferies raised the firm’s price target on CrowdStrike to $450 from $415 and kept a “Buy” rating on the shares. According to the firm, software stocks are going to have a “slower start out of the gate” in 2025. This is because investors will be recalibrating and adjusting to changes under the new administration. For most of these stocks, benefits from artificial intelligence will likely start to materialize in late 2025. Furthermore, the firm also states that cybersecurity “should prove more resilient” in the first half of 2025 based on strong fundamentals. However, it will fall behind the wider recovery of AI-driven software markets.