(https://www.cnbc.com/2026/08/10/crowdstrike-palo-alto-stock-black-hat.html) for AI-powered security tools, and $CRWD/$PALO are both catching bids. But here's the problem: cybersecurity stocks are already trading at 8-10x forward revenue with 60%+ net margins priced in. The conference is validating adoption that was *already expected*.

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