Following a massive outage that brought many industries and organizations, including banks, airlines, train operators, and supermarkets, around the world to a halt, the price of CrowdStrike (NASDAQ: CRWD) stock has suffered a major dip, and analysts' new price targets reflect the recent events. As it happens, an outage seems to be the result of a malfunction within Microsoft (NASDAQ: MSFT) operating systems or due to a software update from cybersecurity company CrowdStrike, which caused Windows devices used ...

Building a retirement portfolio is an important component for financial security. This portfolio can assist with living expenses and make it easier to maintain your current lifestyle. However, some investments are poised to generate higher returns than others. Source: T. Schneider / Shutterstock.com Unlike Okta, Crowdstrike actually delivers profits and has impressive growth. Revenue increased by 33% yearover-year (YOY) in Q1 of fiscal year 2025. Profits surged to $42.8 million in Q1 FY2025 compared to $0.5 ...

CrowdStrike Stock Drops Again. Why Airlines, Others Face More Tech Outage Pain. ...

Kacper Pempel | REUTERS The issue traced back to a software update by Texas-based cybersecurity company CrowdStrike, which generates more than half its revenue from the United States. The company's tech is used by many of the world's largest banks, health-care and energy companies. In this article BEIJING — While businesses in the U.S. and Europe woke up Friday to a global IT outage that disrupted airports and hotels, China went into its weekend largely unaffected. A hashtag "Thank you Microsoft, [I can] ta ...

Take Tsvetta Kaleynska, owner and founder of the Manhattan-based consumer insights company RILA Global Consulting, which has Fortune 500 clients. As of Saturday, she resolved the payroll issue and she got an extension until Monday on the research project. But the prospective client will not move forward with the new contract, cutting her annual earnings by nearly 25%, she estimated. The problem: she couldn't sign the contract because Docusign, which runs on Microsoft software affected by the faulty update, ...

Investigation Details If you are aware of any facts relating to this investigation or purchased CrowdStrike securities, you can assist this investigation by visiting the firm's site: bgandg.com/CRWD. You can also contact Peretz Bronstein or his client relations manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC: 332-239-2660. Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has ...

mesh cube/iStock via Getty Images Data by YCharts Shares of CrowdStrike have soared in the last year on generally improving sentiment towards cybersecurity/software/Cloud businesses and strong growth at the cybersecurity firm. In my last work on CrowdStrike, I argued that the cybersecurity was trading at a rich valuation multiplier -- Priced For Perfection -- which resulted in a hold rating. However, shares continued to surge, and are currently up 64% since my hold recommendation. I believe the most recent ...

CrowdStrike Holdings (NASDAQ:CRWD) stock was cratering after being discovered responsible for a disastrous technology outage that grounded flights and disrupted financial systems around the world. On the day of the outage, CrowdStrike stock fell nearly 10%. That worsened a pullback that was already underway as investors rotate out of technology securities and into small-caps. Analysts were already raising concerns about CRWD stock's sky-high valuation. The stock is nearly 20% lower in the last five days It' ...

CrowdStrike now serves 298 of the Fortune 500 companies and 538 of the Fortune 1000 companies. However, that widespread adoption explains why CrowdStrike's flawed update caused so much damage in such a short time. How fast was CrowdStrike growing? Over the past year, as macro headwinds forced many companies to rein in their spending, CrowdStrike's growth in both ending annual recurring revenue (ARR) and total revenue decelerated. But its net new ARR growth rose by double-digit percentages year over year aga ...

CrowdStrike Holdings (CRWD -11.10%) made headlines around the world on Friday -- but not for a reason the company or its shareholders were happy about. A faulty software update by the cybersecurity specialist led to an IT outage that impacted customers around the world, from airlines to banks to hospitals, causing business for many of them to screech to a halt. First, let's take a quick look at CrowdStrike's business and at exactly what happened over the past few days. CrowdStrike stands out in the world of ...