economy
Why our cybersecurity stocks are soaring, plus Big Tech tries to rebound
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
TL;DR
- The S&P 500 and oil prices rebounded due to a de-escalation between Iran and the US.
- Hyperscaler stocks like Amazon, Microsoft, Meta, and Alphabet are showing renewed strength.
- Cybersecurity stocks, including Palo Alto Networks and CrowdStrike, surged amid concerns about sophisticated AI-driven cyberattacks.
- Honeywell completed its split, resulting in the CNBC Investing Club receiving shares of the new company.