$CrowdStrike Holdings, Inc.(CRWD)$ $Amazon.com(AMZN)$ $Microsoft(MSFT)$ $Delta Air Lines(DAL)$ $QANTAS AIRWAYS LIMITED(QAN.AU)$ ‼️‼️‼️ Kia ora Tiger traders,
🚨 URGENT GLOBAL ALERT! 🚨 An unprecedented IT outage is causing chaos worldwide! 🌍 Major disruptions are hitting banks, airlines, media outlets, and essential services. In New Zealand, BNZ, ASB, Kiwibank, and ANZ are down, and Visa payWave services are affected. This outage extends to the USA, Australia, Europe, and other regions, impacting airlines like American, Southwest, United, Delta, and services like Amazon and Microsoft.
What's Happening:
The outage is linked to a recent update by CrowdStrike, a leading cybersecurity firm. This update caused widespread disruptions as it impacted systems globally, from banking and airlines to everyday services. CrowdStrike confirmed the issue stemmed from a code update affecting their agents installed on servers and end-user devices. An update to a product from infosec vendor CrowdStrike is bricking computers running Windows. The Register has found numerous accounts of Windows 10 PCs crashing, displaying the Blue Screen of Death, then being unable to reboot. "We're seeing BSOD Org wide that are being caused by csagent.sys, and it's taking down critical services. I'll open a ticket, but this is a big deal," wrote one user. Forums report that CrowdStrike has issued an advisory with a URL that includes the text "Tech-Alert-Windows-crashes-related-to-Falcon-Sensor-2024-07-19" – but it's behind a regwall that only customers can access. An apparent screenshot of that article reads "CrowdStrike is aware of reports of crashes on Windows hosts related to the Falcon Sensor. Symptoms include hosts experiencing a bugcheck\blue screen error related to the Falcon Sensor." CrowdStrike's engineers are working on the issue. Falcon Sensor is an agent that CrowdStrike claims "blocks attacks on your systems while capturing and recording activity as it happens to detect threats fast." Right now, however, the sensor appears to be the threat. CrowdStrike stock (CRWD) tumbled 9.63% in overnight trading [oai_citation:1,2024 CrowdStrike Global Threat Report Release | CrowdStrike](https://www.crowdstrike.com/press-releases/2024-crowdstrike-global-threat-report-release/) [oai_citation:2,Under the Radar: The Year of Stealth | CrowdCast](https://www.crowdstrike.com/resources/crowdcasts/global-threat-report/)【The Register】.
Quotes from Leaders:
1. Akamai Technologies: "We have implemented a fix for this issue, and based on current observations, the service is resuming normal operations. We will continue to monitor to ensure that the impact has been fully mitigated."
2. McDonald's: "We are aware of a technology outage, which impacted our restaurants; the issue is now being resolved. We thank customers for their patience and apologise for any inconvenience this may have caused."
3. Delta Airlines: "Our online services are starting to come back up. We appreciate our customers' understanding and patience during this time."
Historical Fact: In 2021, a Fastly outage took down major websites including Amazon and Reddit. The 2024 outage is comparable in scope and impact.
Fun Fact: The first recorded internet outage occurred in 1980 due to a power failure at the University of Utah, affecting early ARPANET users.
Stock Market Impact:
Expect increased volatility as investors react to service disruptions. Stocks of tech companies and services affected by the outage, such as Amazon (AMZN), Microsoft (MSFT), and major airlines (AAL, LUV, UAL, DAL), could see significant fluctuations. On the flip side, cybersecurity stocks, including CrowdStrike (CRWD), may experience a boost as the demand for robust security solutions intensifies.
Stay alert ‼️ and stay tuned for updates on this unparalleled global disruption!
Hopefully happy trading ahead‼️ Cheers, BC 🍀
@Tiger_SG @Tiger_comments @TigerStars @Daily_Discussion @ASX_Stars @Tiger_Earnings @TigerPM @MillionaireTiger @TigerGPT @SPACE ROCKET @koolgal @Shyon @BABAMood @All or Nothing
Comments
CrowdStrike Holdings, Inc. (CRWD)
Business and Industry: CrowdStrike is a leading cybersecurity company that provides cloud-delivered endpoint protection. The company's solutions help organizations detect and prevent cyber threats, including malware, ransomware, and advanced persistent threats. The cybersecurity industry is expected to grow rapidly in the coming years as the threat landscape continues to evolve and organizations prioritize cybersecurity measures.
Latest Earnings and Forecast: CrowdStrike's latest earnings report for 2024Q3 showed an EPS of $2.95, a return on equity (ROE) of 35.72%, and a gross profit margin of 70.08%. The company has provided earnings forecasts for the future, with a forecast EPS of $11.80 for 2024FY, $4.56 for 2025FY, and $6.34 for 2026FY. The forecasted gross income and EBIT for these periods are also provided.
Recent Trends: The stock price of CrowdStrike has been experiencing fluctuations. The support price on 2024-07-18 was $316.88, and the resistance price was $370.88. The average cost on 2024-07-18 was $362.62. As of 2024-07-19, the stock price is $343.05.
Analyst Viewpoints: Analysts have provided target price estimates for CrowdStrike. The mean target estimate is $400.50, with a low estimate of $260.00 and a high estimate of $540.00. The analyst recommendation for the stock is 17 recommend, 29 buy, 4 hold, and 1 underperform.
Capital Flow Analysis: The capital flow data for the past 5 days shows fluctuations in the capital flow of CrowdStrike. On 2024-07-11, there was an outflow of $123,842.59 (in thousands), while on 2024-07-12, there was an inflow of $110,943.21 (in thousands). The data provides insights into the buying and selling activities of investors.
Amazon.com (AMZN)
Business and Industry: Amazon.com is a multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. The company is a dominant player in the e-commerce industry and has expanded into various other sectors, including entertainment and technology. The e-commerce industry is expected to continue growing as more consumers shift to online shopping.
Latest Earnings and Forecast: The latest earnings results for Amazon.com are not provided in the available data.
Recent Trends: The stock price of Amazon.com has been fluctuating. The support price on 2024-07-18 was $182.82, and the resistance price was $186.42. The average cost on 2024-07-18 was $185.08. As of 2024-07-19, the stock price is $183.75.
Analyst Viewpoints: Analysts have provided target price estimates for Amazon.com. The mean target estimate is $227.24, with a low estimate of $180.00 and a high estimate of $500.00. The analyst recommendation for the stock is 17 recommend, 43 buy, and 1 hold.
Capital Flow Analysis: The capital flow data for the past 5 days shows fluctuations in the capital flow of Amazon.com. On 2024-07-11, there was an outflow of $123,842.59 (in thousands), while on 2024-07-12, there was an inflow of $110,943.21 (in thousands). The data provides insights into the buying and selling activities of investors.
Microsoft (MSFT)
Business and Industry: Microsoft is a multinational technology company that develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services. The company is a leader in the software industry and offers a wide range of products and services, including operating systems, productivity software, cloud services, and gaming.
Latest Earnings and Forecast: The latest earnings results for Microsoft are not provided in the available data.
Recent Trends: The stock price of Microsoft has been fluctuating. The support price on 2024-07-18 was $411.83, and the resistance price was $448.23. The average cost on 2024-07-18 was $420.55. As of 2024-07-19, the stock price is $440.37.
Analyst Viewpoints: Analysts have provided target price estimates for Microsoft. The mean target estimate is $493.54, with a low estimate of $436.00 and a high estimate of $600.00. The analyst recommendation for the stock is 21 recommend, 34 buy, and 2 hold.
Capital Flow Analysis: The capital flow data for the past 5 days shows fluctuations in the capital flow of Microsoft. On 2024-07-11, there was an outflow of $93,519.48 (in thousands), while on 2024-07-12, there was an outflow of $132,439.84 (in thousands). The data provides insights into the buying and selling activities of investors.
Delta Air Lines (DAL)
Business and Industry: Delta Air Lines is a major American airline that operates a large domestic and international network. The company provides passenger and cargo transportation services and is part of the airline industry. The airline industry has been significantly impacted by the COVID-19 pandemic but is expected to recover as travel restrictions ease and demand for air travel increases.
Latest Earnings and Forecast: The latest earnings results for Delta Air Lines are not provided in the available data.
Recent Trends: The stock price of Delta Air Lines has been fluctuating. The support price on 2024-07-18 was $43.57, and the resistance price was $44.97. The average cost on 2024-07-18 was $46.36. As of 2024-07-19, the stock price is $44.92.
Analyst Viewpoints: Analysts have provided target price estimates for Delta Air Lines. The mean target estimate is $60.63, with a low estimate of $45.32 and a high estimate of $85.00. The analyst recommendation for the stock is 7 recommend, 13 buy, and 1 hold.
Capital Flow Analysis: The capital flow data for the past 5 days shows fluctuations in the capital flow of Delta Air Lines. On 2024-07-11, there was an inflow of $10,171.61 (in thousands), while on 2024-07-12, there was an inflow of $29,245.09 (in thousands). The data provides insights into the buying and selling activities of investors.
Qantas Airways Limited (QAN.AU)
Business and Industry: Qantas Airways Limited is an Australian airline that provides domestic and international passenger and freight services. The company is part of the airline industry and operates in the Asia-Pacific region. The airline industry has been significantly impacted by the COVID-19 pandemic but is expected to recover as travel restrictions ease and demand for air travel increases.
Latest Earnings and Forecast: The latest earnings results for Qantas Airways Limited are not provided in the available data.
Recent Trends: The stock price of Qantas Airways Limited has been fluctuating. As of 2024-07-19, the stock price is $5.99 (AUD).
Capital Flow Analysis: The capital flow data for the past 5 days shows fluctuations in the capital flow of Qantas Airways Limited. On 2024-07-12, there was an inflow of $10,125.68 (in thousands), while on 2024-07-15, there was an outflow of $16,959.93 (in thousands). The data provides insights into the buying and selling activities of investors.
Please note that the above analysis is based on the available data and should not be considered as investment advice. The stock market is subject to inherent risks, and stock prices can fluctuate based on various factors. It is important to conduct thorough research and analysis before making investment decisions.
https://x.com/FirstSquawk/status/1814205115059835135