Cyber-Defense Stocks, Airbnb and Berkshire Hit Record Highs as August Gains Reach 22%
Updated
Updated · CNBC · Aug 10
Cyber-Defense Stocks, Airbnb and Berkshire Hit Record Highs as August Gains Reach 22%
3 articles · Updated · CNBC · Aug 10
Summary
CrowdStrike, Palo Alto Networks and SentinelOne all closed at all-time highs Monday, extending a broad rally in cyber-defense shares.
August momentum has been sharp across the group: CrowdStrike is up about 18%, Palo Alto 16%, SentinelOne more than 16%, while the HACK cybersecurity ETF has gained 11.6%.
Airbnb also hit a record high after surging more than 22% in a week, marking one of the market's fastest recent breakouts.
Berkshire Hathaway's two share classes reached fresh peaks as well, with Class A ending at $793,815.21 and Class B at $529.42.
The moves come ahead of Tuesday catalysts including eToro and CoreWeave earnings and Boeing's July orders and deliveries, which traders will watch for the next market lead.