#crowdstrike

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    Crowdstrike Q2 Earnings came out Parabolic, Ceo Highlights Business Resilience Amid Global Outage and Earnings Report

    CrowdStrike CEO George Kurtz underscored the resilience of the cybersecurity firm during an earnings call, following a significant software glitch that caused a global outage and affected millions of systems. Despite the crisis, which resulted in a 27% drop in the company's shares and is...
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    Microsoft to Host Critical Cybersecurity Summit with CrowdStrike Following Global Outage

    SUMMARY: Microsoft is set to host a pivotal cybersecurity summit on September 10, 2024, in Redmond, Washington, in partnership with CrowdStrike, government officials, and other major technology firms. This summit comes in the wake of a catastrophic system outage in July, triggered by a flawed...
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    CROWDSTRIKE: CYBERSECURITY FIRM SUED OVER GLOBAL IT OUTAGE

    CrowdStrike, a leading cybersecurity firm, is facing legal action from shareholders following a global IT outage caused by a faulty software update. On July 19, a buggy update to CrowdStrike’s hacking-prevention software led to the malfunction of over eight million computers, causing widespread...
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    CROWDSTRIKE EXTENDS POST-OUTAGE LOSSES TO 34%

    A passenger checks a departure screen at the Phoenix Sky Harbor Airport after the CrowdStrike outage delayed travel. CrowdStrike's stock has plummeted 34% since a software update caused a major outage on July 19. On Tuesday alone, the stock fell as much as 13% following reports that Delta Air...
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    Why CrowdStrike Stock Is Crashing Today

    CrowdStrike (NASDAQ: CRWD) stock is plummeting in Friday's trading, down 8.5% as with a peak drop of 15.4% earlier in the session. The decline follows a problematic update that triggered system locks for hardware using Microsoft's Windows operating system, causing massive global IT outages...
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