How much did Cloudflare (NET) stock gain?

Cloudflare gained 3% to around $235.

Did other cybersecurity stocks also rise?

Yes, stocks like CrowdStrike and Zscaler also saw modest gains, indicating a sector-wide trend.

What caused the broad market rally today?

The rally was driven by investor optimism about interest rates and a risk-on appetite.

Palantir Rises 5%, Cloudflare Pops 3% as Investors Pile Into AI Security Plays

Palantir Technologies (PLTR) rose 5% to near $134, while Cloudflare (NET) climbed 3% to around $235, driven by investor appetite for AI security stocks and a 3% gain in the Nasdaq 100.

June 15, 2026

2 min read

Source: 24/7 Wall St.

Key Numbers

PLTR change

+5%

PLTR price

$134

NET change

+3%

NET price

$235

QQQ change

+3%

Palantir Technologies (NASDAQ:PLTR) stock jumped 5% in midday trading on Monday, changing hands near $134. The move comes alongside a broad risk-on rally, with the Invesco QQQ Trust (NASDAQ:QQQ), which tracks the Nasdaq 100, up 3% on the session. Cloudflare (NYSE:NET) followed a similar pattern, trading 3% higher at around $235.

Possible Reasons

Analysts attribute the gains to increasing investor interest in AI-driven cybersecurity stocks, as both Palantir and Cloudflare are key players in this space. The broader market optimism, fueled by expectations of stable interest rates, also supported demand for growth stocks.

Context

Palantir (PLTR) has seen strong performance over the past month, supported by robust earnings and new government contracts. Cloudflare (NET) has benefited from rising demand for cloud security solutions. The AI cybersecurity sector continues to attract investor attention, which could sustain positive momentum.

Similar Moves in the Sector

The rally was not limited to Palantir and Cloudflare; other cybersecurity stocks like CrowdStrike (CRWD) and Zscaler (ZS) also posted modest gains, suggesting a sector-wide trend rather than company-specific news.

Frequently Asked Questions

Palantir rose 5% as investors piled into AI cybersecurity stocks amid a broad market rally.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.