Mythos rejuvenated the cybersecurity sector. Earnings put the recent rally to the test

Anthropic's Mythos model boosted shares of CrowdStrike and Palo Alto Networks more than 70% between April and May. However, recent earnings showed shares lost 8% and 3% respectively. Analysts say AI benefits take time and are a multi-year process. Cybersecurity stocks sold off early in the year due to concerns about AI tools upending business models. Mythos, deemed too powerful to release, renewed enthusiasm for the sector.