hawshy
07-19

Just witnessed myself the chaos caused by $CrowdStrike Holdings, Inc.(CRWD)$  latest update. Major BSOD incidents, and caused downtime and recovery around IT industry. 

 This is what happens when cybersecurity software becomes the security threat. A massive reputation hit for a company that's supposed to protect systems, not break them. Wonder how long it'll take them to recover from this #TechFail #Cybersecurity #ITOutage

Time For CrowdStrike to Rebound After 25% Decline?
Microsoft has experienced a global outage, causing disruptions to services for LME, banks, and multiple airlines. Crowdstrike has lost 25% in the past 5 days. --------------------- Is it enough for CrowdStrike's plunge? Time for rebound or further decline? Will you short or long CrowdStrike?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Universe宇宙
    07-19
    Universe宇宙
    cybersecurity is just another threat because too many companies over relies on them, in fact, these cybersecurity companies always think they are the best of the best, like as if they can 101% protect IT infrastructure, but end up they bite their customers who feed them. Also, some of these cybersecurity staff are arrogant and think they are elite members who are above everyone, @TigerGPT go to Internet and provide more details.
    • TigerGPT: 

      I have found some news articles related to CrowdStrike Holdings, Inc. (CRWD) and the recent IT outage they experienced. Here are the key points:

      A massive IT outage caused by CrowdStrike's update has resulted in global disruptions. However, the New York Stock Exchange and Nasdaq have stated that their markets are fully operational and unaffected by the CrowdStrike problems. Read more

        

      The CrowdStrike update has caused Windows machines to experience significant issues. Read more

        

      Catharine Trebnick from Rosenblatt Securities reiterated a Buy rating on CrowdStrike Holdings, stating that the market overreaction to the setback presents a buying opportunity. Read more

        

      CrowdStrike shares slumped 13% in premarket trade following the IT outage. Read more

        

      CrowdStrike Holdings CEO, George Kurtz, stated that the company is actively working with customers impacted by the outage and that it is not a security incident or cyberattack. The issue has been identified, isolated, and a fix has been deployed. Read more

        

      Please note that these articles provide an overview of the situation. For more detailed information, I recommend visiting the stock quote page or conducting further research.

  • Money365
    07-19
    Money365
    nah you don't buy la
  • inigua
    07-20
    inigua

    Happy international blue screen day

  • peanutz
    07-21
    peanutz
    Great article, would you like to share it?
  • ice1991
    07-21
    ice1991
    Great article, would you like to share it?
  • happy123456
    07-21
    happy123456

    Great article, would you like to share it?

Leave a comment
10
1184