Cybersecurity Stocks Plunge as Anthropic Unveils AI Code Security Tool

• Shares of cybersecurity companies nosedived after Anthropic PBC launched 'Claude Code Security'.
• The AI tool autonomously finds and patches software vulnerabilities, impacting traditional cybersecurity firms.
• Major players like JFrog, CrowdStrike, Okta, GitLab, Zscaler, Rubrik, and Palo Alto Networks saw sharp declines.
• Claude Code Security is a new capability in Claude Code, available in a limited research preview.
• The tool aims to protect code against AI-enabled attacks, raising investor concerns about AI's impact on profit margins.