Wedbush Securities' Dan Ives joins 'Squawk Box' to discuss the latest developments on the global IT outage, what it means for CrowdStrike, and more.
Companies across several industries including airlines, banking and media were hit on Friday by a global tech outage tied to Microsoft's Azure cloud platform and a software issue at cybersecurity firm
CrowdStrike CEO George Kurtz apologized for a global tech failure that disrupted multiple industries on Friday, vowing to work with all of its customers as they work to get their operations back onlin
Business operations across various industries were disrupted worldwide Friday due to a CrowdStrike outage. Stocks fall.
At the heart of a global IT outage affecting companies ranging from banks to airlines is a Texas-based cybersecurity firm, CrowdStrike. On Friday, CrowdStrike experienced a major disruption following
Here's what you need to know about the cybersecurity firm as it deals with the fallout of millions of devices apparently taken offline by one of its software updates.
Crowdstrike CEO George Kurtz said a mass outage was not caused by a cyberattack. He said customers were affected "by a defect found in a single content update for Windows.
U.S. stocks are gearing up for a nervy as index futures were seen hugging the flat line. Uncertainty, which is one of the biggest enemies of the market, has intensified on all fronts.
Cybersecurity firm Crowdstrike is actively working with customers impacted by a defect found in a single content update for Microsoft Windows hosts, the company's CEO said on Friday, amid an ongoing m

CrowdStrike stock plummets 15%; Here's why

06:54am, Friday, 19'th Jul 2024
CrowdStrike (NASDAQ: CRWD) stock plummeted almost 15% in pre-market trading following a massive outage that brought many industries, companies, and businesses worldwide to a standstill.
In the past hour, the American cybersecurity group addressed the global chaos by an issue within its systems, which led to widespread turmoil globally: CrowdStrike is actively working with customer
President George Kurtz of CrowdStrike Holdings Inc (NASDAQ:CRWD), the cybersecurity firm in the hot seat amid a global IT outage, has blamed “a single content update for Windows hosts” for a fault
Shares in Microsoft and Crowdstrike are down premarket following a widespread IT outage that has grounded flights, caused banking chaos and even taken TV outlets off the air. Microsoft stock fell 2.6
CrowdStrike has been broadening out into various areas such as cloud security, identity protection, and analytics. Now peers threatened by its expansion could see an opportunity to strike back.
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