To The Moon

CrowdStrike Holdings, Inc. shares are trading lower on Wednesday.The company has introduced AI Security Posture Management and announced the general availability of Data Security Posture Management as integrated features of CrowdStrike Falcon Cloud Security.These advancements position Falcon Cloud Security as the sole CNAPP, providing comprehensive visibility and protection for cloud infrastructure, applications, data, and AI models from a single, unified platform.New innovations to Falcon Cloud Security and Falcon Identity Protection include AI Security Posture Management, Data Security Posture Management, Falcon Privileged Access, and Real-Time Threat Protection for Microsoft Entra ID.“As organizations increasingly adopt hybrid cloud and AI strategies to fuel their growth, they also introduce more complexity and gaps that adversaries exploit, leading to greater risk and potential compromise,” said Michael Sentonas, president, CrowdStrike.Also Read: CrowdStrike Partners With Dazz T

Berkshire Hathaway was a major beneficiary of the sharp increase in short rates from 2022 through early this year but now stands to lose given the drop in short rates now unfolding with the Federal Reserve's half-point cut in a key short rate Wednesday.Berkshire had the largest holdings of cash and equivalents of any U.S. company at $277 billion at the end of the June, compared with Apple at $153 billion and Alphabet at $101 billion.The bulk of Berkshire's cash is invested in short-term Treasury bills which have maturities of under a year. Berkshire CEO Warren Buffett is partial to three and six-month T Bills that are auctioned weekly by the Treasury. Berkshire held $234 billion of T-Bills at the end of June.Berkshire's interest and other investment income was up sharply in the first half of 2024, rising 80% to $4.5 billion before taxes from $2.5 billion in the year-earlier period. That increase reflects higher short rates and larger cash balances as Buffett sold almost $100 billion of