CrowdStrike Holdings Inc. shares fell 7.32% to $214.10 on Tuesday as rising bond yields and oil prices weighed on software stocks. The 10-year Treasury yield reached 4.80%, its highest level since January 2025, while the 30-year yield rose to 5.25%. Brent crude gained more than 4% and West Texas Intermediate nearly 3% after Iran's president said Tehran would respond if Washington upheld a temporary agreement signed in June. The market pressure follows CrowdStrike's strong second-quarter performance, which CEO George Kurtz called "the best quarter in CrowdStrike’s history." Revenue reached $1.47 billion versus a $1.44 billion estimate, adjusted earnings were 31 cents per share versus 29 cents expected, and annual recurring revenue rose to $5.84 billion. Management raised its full-year revenue outlook to $5.99 billion-$6.01 billion and adjusted earnings guidance to $1.25-$1.26 per share. Truist Securities, Argus Research and Wells Fargo subsequently raised their price targets, while Wall Street's average target stood at $243.07 with an overall Buy rating. The decline may therefore represent profit-taking after the post-earnings rally rather than a change in sentiment toward the company. Palo Alto Networks is scheduled to report fourth-quarter results after the market closes, with analysts expecting record revenue of $3.35 billion and earnings of 98 cents per share.