Shares of this cybersecurity giant and semiconductor titan can produce impressive returns for long-term investors. Investing in AI (artificial intelligence) stocks has gained momentum over the past few years. With businesses across industries increasingly adopting AI technologies to improve productivity, cost efficiency, and informed decision-making, AI will continue to be a major investment theme over the coming years. Yet, not all businesses investing in, or deploying, artificial intelligence-based techno ...

The cybersecurity firm caused a global tech outage, leading to a crash in its stock price. Cybersecurity company CrowdStrike (CRWD -0.33%) was once a hot stock in its industry. Shares soared from a 52-week low of $141.97 last August to a high of $398.33 on July 9. That changed days later on July 19 when, after CrowdStrike made what should have been a routine software update, an error in the code caused massive disruption to computer systems around the globe. Airlines, banks, hospitals, and other organizatio ...

RADNOR, Pa., Aug. 26, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed in the United States District Court for the Western District of Texas against CrowdStrike Holdings, Inc. ("CrowdStrike") (NASDAQ: CRWD) on behalf of investors who purchased or otherwise acquired CrowdStrike Class A common stock between November 29, 2023 and July 29, 2024, inclusive (the "Class Period"). The lead plaintiff dea ...

Piper Sandler analyst Rob D. Owens reiterated an Overweight rating on CrowdStrike Holdings, Inc CRWD with a price target of $290. Delta Air Lines Inc DAL COO Mike Spanos shared plans to depart the company at the end of August, a little more than a month after the CrowdStrike outage, which caused Delta to file a lawsuit against CrowdStrike. The outages have reportedly cost Delta $350 million—$500 million, rendering about 60% of Delta's critical applications inoperable. Also Read: CrowdStrike Shares Showing S ...

BlackJack3D Introduction The stock of CrowdStrike Holdings, Inc. (NASDAQ:CRWD) the cybersecurity behemoth, had been enjoying its time in the sun across the first half of 2024 as it saw its price expand by over 50%, and consequently also outperform the Nasdaq quite handsomely. However, the company's role in the unfortunate events of July 19th, which upended around 8.5 million Windows devices and had deleterious consequences elsewhere, appears to have knocked the stuffing out of the share price, so much so, t ...

Key Takeaways CrowdStrike shares are in the spotlight this week as the cybersecurity company prepares to release quarterly results Wednesday, its first earnings report after an erroneous software update it carried out caused a global IT outage A bullish piercing pattern on the weekly chart has helped shift momentum leading into the company's quarterly financial results. Investors should watch key lower price levels at $235 and $201, while monitoring important overhead price levels at $285 and $330. A bars p ...

NEW YORK, Aug. 26, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of CrowdStrike Holdings, Inc. (NASDAQ: CRWD). Shareholders who purchased shares of CRWD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/crowdstrike-loss-submission-form/?id=97693&from=4 CLASS PERIOD: November 29 ...

Some investors may be eyeing the recent dip in this fast-growing cybersecurity company as a buying opportunity. CrowdStrike Holdings (CRWD 1.46%) stock was battered badly last month, losing close to 40% of its value in July after it emerged that the cybersecurity specialist's defective software update caused a massive outage. While CrowdStrike moved speedily to correct its mistake, the negative press and threats of lawsuits seem to have largely kept investors from buying the dip. However, the fast-growing c ...

NEW YORK, Aug. 24, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Class A common stock of CrowdStrike Holdings, Inc. (NASDAQ: CRWD) between November 29, 2023 and July 29, 2024, both dates inclusive (the "Class Period"), of the important September 30, 2024 lead plaintiff deadline. SO WHAT: If you purchased CrowdStrike Class A common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs throu ...

CrowdStrike Holdings, Inc. (CRWD) is scheduled to release second-quarter fiscal 2025 results on Jun 4. For the second quarter, CrowdStrike projects total revenues between $958.3 million and $961.2 million. The Zacks Consensus Estimate for revenues is pegged at $958.7 million, which indicates growth of 31% from the year-ago quarter's level. CrowdStrike anticipates non-GAAP earnings between 98 cents and 99 cents per share. The consensus mark for the bottom line has been revised a penny downward to 98 cents pe ...