CrowdStrike(CRWD)
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U.S. stock exchanges say markets are operating normally, not impacted by CrowdStrike outage
CNBC· 2024-07-19 13:07
Officials at both the New York Stock Exchange and the Nasdaq said they are up and running Friday, despite the CrowdStrike problems that have hit everything from airlines to banks to a slew of other businesses around the world. Similarly, the Nasdaq, which is the favorite trading spot for high-flying tech stocks, said it has managed to make it through the issues caused by an update that CrowdStrike, a global cybersecurity firm, implemented. The news, though, wasn't as good for CrowdStrike itself: Its shares ...
CrowdStrike Stock Falls Post Outage But There Are Still Reasons To Buy
Forbes· 2024-07-19 13:01
Shares of Austin, Texas-based cybersecurity giant CrowdStrike fell 13% in pre-market trading on July 19 after suffering "a major outage affecting businesses globally," reported CNBC. "Some users may still be unable to access certain Microsoft 365 apps and services, including Teams video conferencing," added the Times. CrowdStrike's CEO emphasized that the incident was not a cyberattack. "We are actively working with customers impacted by a defect found in a single content update for Windows hosts," CrowdStr ...
How a software update caused one of the world's biggest IT blackouts
CNBC· 2024-07-19 12:21
In this article Patrick T. Fallon | Bloomberg | Getty Images At the heart of the issue is Texas-based cybersecurity vendor CrowdStrike. On Friday, the cybersecurity firm experienced a major disruption following an issue with a software update. CrowdStrike is a cybersecurity vendor that develops software to help companies detect and block hacks. It is used by many of the world's Fortune 500 companies, including major global banks, healthcare and energy companies. This differs from alternative approaches used ...
Crowdstrike says the global IT outage was not caused by a cyberattack
Business Insider· 2024-07-19 11:38
Bull Insider Today Sign up to get the inside scoop on today's biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Email address Bull Crowdstrike, the firm linked to the major global IT outage, has ruled out a cyberattack. He said the company was "actively working with customers impacted by a defect found in a single content update for Windows hosts. Mac and Linux hosts are not impacted." Kurtz said the issue had been "identified, isolated, and a fix has been ...
Wall Street Set To End Week On Subdued Note As CrowdStrike, Microsoft Drop Amid Global Outage: Analyst Sees 10% Upside Potential For S&P 500 Over Next 12 Months
Benzinga· 2024-07-19 11:21
New York Fed President John Williams will speak at 10:40 a.m. EDT followed by Atlanta Fed President Raphael Bostic at 1 p.m. EDT. See Also: How to Trade Futures Stocks In Focus: Netflix fell 1.25% in premarket trading following the streaming giant's quarterly earnings announcement, while Intuitive Surgical, Inc. ISRG climbed over 6.5% on earnings. American Express Company AXP, Halliburton Company HAL, Schlumberger Limited SLB and Travelers Companies, Inc. TRV are among the key companies due to release their ...
CrowdStrike stock plummets 15%; Here's why
Finbold· 2024-07-19 10:54
Following a negative trading day caused by the broader tech sector downturn, CRWD stock dropped 3.35% and closed the latest trading session at $343.05, with losses extending in pre-market. CRWD stock 24-hour price chart. Source: Google Finance A global outage has disrupted businesses worldwide, affecting banks, airlines, train companies, and supermarkets. Ryanair warned of potential disruptions across Europe, and Edinburgh Airport switched to manual boarding pass checks due to the outage. The London Stock E ...
Cybersecurity giant Crowdstrike suffers major outage affecting businesses around the world
CNBC· 2024-07-19 07:14
The outage resulted from an issue with the latest update, the company said. Crowdstrike is now in the process of rolling back that update globally. Cybersecurity firm Crowdstrike suffered a major outage on Friday, the company told NBC, impacting businesses globally. This is a breaking news story. Please refresh for updates. In this photo illustration, CrowdStrike logo of a U.S. cybersecurity technology company is seen on a smartphone and a pc screen. "CrowdStrike is aware of reports of crashes on Windows ho ...
This Artificial Intelligence (AI) Stock Is Outperforming Nvidia. Can It Keep Doing So?
The Motley Fool· 2024-07-18 10:55
Shares of this cybersecurity specialist have gained impressive momentum since the beginning of June. Share prices of CrowdStrike (CRWD -3.82%) have taken off since the beginning of June, with impressive gains of 22% as of this writing. There are a couple of reasons behind the cybersecurity specialist's robust rally that helped it outpace one of the hottest stocks on the market during this period: Nvidia (NVDA -6.62%). It's worth noting that CrowdStrike's gains over the past month are almost double the 11% j ...
3 Stocks to Buy With Annual Recurring Revenue Models
Investor Place· 2024-07-18 10:08
Annual recurring revenue makes it easier for corporations to hit benchmarks and generate returns for long-term investors. Companies with this business model can boost revenue by attracting new customers, offering more subscription plans and raising product prices. While annual recurring revenue models offer great potential, they're even better if a corporation reports profits. Once an unprofitable company reports its first profitable quarter, net income can grow rapidly in subsequent quarters. That's alread ...
7 Stocks That Can Still Double Your Money by 2026
Investor Place· 2024-07-17 18:13
The stock market makes it easier to achieve long-term financial goals. While any asset can get you closer to your milestones, few opportunities offer the same liquidity and choices as stocks. You can start buying stocks with as little as a dollar and build your portfolio with every paycheck. Naturally, some stocks do better than others, and it's possible to double your money within a few years if you pick the right stocks. Investors should look for companies with rising revenue and profit margins. Growth in ...