Overview of Overall Markets:  The broader cybersecurity market remains strong as companies worldwide ramp up their digital defenses amidst a surge in cyberattacks. Despite the resilience of major players like Microsoft and Palo Alto Networks $Palo Alto Networks(PANW)$  , recent disruptions have underscored the sector's vulnerability to operational risks, impacting investor sentiment. Impact of the July Outage:  CrowdStrike $CrowdStrike Holdings, Inc.(CRWD)$  faced a significant setback in July 2024, when a faulty software update led to a global outage, disrupting services on 8.5 million Microsoft Windows devices and triggering mass flight cancellations. This incident resulted in the co

$CrowdStrike Holdings, Inc.(CRWD)$ $Amazon.com(AMZN)$ $Microsoft(MSFT)$ $Delta Air Lines(DAL)$ $QANTAS AIRWAYS LIMITED(QAN.AU)$ ‼️‼️‼️ 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 Micro

As $Microsoft(MSFT)$ options expiry date approaches on July 26, 2024, finance professionals, options traders, and long-term investors meticulously analyse the stock’s performance and associated options data. This in-depth examination covers the latest market trends, key metrics influencing Microsoft’s stock price, and potential trading strategies for the upcoming options expiry. Current Market Overview Stock Price and Implied Movement As of July 21, 2024, Microsoft’s stock is trading at $437.11. The options market is pricing in an implied movement of 3.48%, suggesting a potential price range between $421.88 and $452.34 by the expiry date. This projected range is crucial for options traders in evaluating potential profit and loss scenarios for thei

Crowdstrike's Global Outage Sparks Ongoing Effects: What's Next? Last Friday, a flawed software update released by the cybersecurity company $CrowdStrike Holdings, Inc.(CRWD)$   caused widespread PC crashes globally, resulting in a large number of users experiencing "blue screen of death". This led to a chain of failures and sustained impacts in various fields such as aviation, banking, healthcare, retail, ports, enterprises and governments. $Microsoft(MSFT)$   estimated that approximately 8.5 million Windows devices worldwide were affected by this global IT outage. Although CrowdStrike's CEO, George Kurtz, announced that the issue had been identified, is

‌$CrowdStrike Holdings, Inc.(CRWD)$  ‌‌$Palo Alto Networks(PANW)$  ‌‌$SentinelOne, Inc(S)$  ‌ Imagine if there's a day that technology would brought the entire world to a pausing halt. That was yesterday. CrowdStrike Holdings has long dominated the market for cloud-based software which is meant to protect customers’ networks from hackers, but a botched software update has other plans that brought businesses from airlines to banks to a screeching halt which impacted billions of dollars in the market. The massive outage linked to cybersecurity company CrowdStrike could be the largest ever seen after the issue caused disruption to Microsoft's systems around th

On July 19th, Microsoft's "blue screen" incident was on the front page of social media worldwide early. A large number of enterprise users of Windows were affected, thus affecting airlines, railroads, media, studios, exchanges, schools, banks, technology and other industries.Inexplicably, various "retro" products appeared, such as handwritten boarding passes.UpstatesAccording to Microsoft's official sources, the outage started at the Azure regional data center in the central United States, and the source is still the cybersecurity firm Crowdstrike, which says that the blue screen of death outage for Windows 10 is caused by its new sensor update.However, no official statement has been seen released yet.Who benefits?While the pre-market numbers show that

The tech world woke up to a nightmare today as a $CrowdStrike Holdings, Inc.(CRWD)$ code update wreaked havoc on $Microsoft(MSFT)$ Windows machines globally. Image An update for CrowdStrike's Falcon Sensor, a security product designed to protect systems, appears to be causing widespread crashes. Users are reporting Blue Screen of Death (BSOD) errors, rendering their Windows machines unusable. This is a major concern, especially considering CrowdStrike's role in cybersecurity. While the root cause seems to be with CrowdStrike, Microsoft is also feeling the pinch. Many reports indicate disruptions to critical services like banking, airlines, and even emergency hotlines like 911. Th

@TigerHulk Kia ora and thank you for reading my post and your valuable insights! You’ve hit the nail on the head regarding the fallout from this colossal IT outage. The disruption to critical services, including major banks, airlines, and tech giants, is staggering. The legal and financial repercussions for $CrowdStrike Holdings, Inc.(CRWD)$ CrowdStrike could indeed be monumental. I can almost see the lawyers now, gleefully rubbing their hands together at the thought of the impending litigation bonanza. With the scale of this impact and the ensuing legal battles, the financial consequences are set to be through the roof. Trading CrowdStrike stock in this environment is like navigating a minefi

Shares of $CrowdStrike Holdings, Inc.(CRWD)$, the originator of the global downtime, have finally rebounded slightly after two consecutive days of big drops, but with the incident affecting a large number of $Microsoft(MSFT)$ Windows devices (about 8.5 million), Crowdstrike could face serious problems, including and not limited to:Kernel Access Risks: Crowdstrike packages its security program as a "driver", gaining kernel-level access.This high level of system access could be revoked or subject to stricter regulation.Vulnerable Update Mechanism: Crowdstrike bypassed Microsoft's driver authentication process in order to perform quick updates by modifying text files and pushing them directly to

$Microsoft(MSFT)$   $CrowdStrike Holdings, Inc.(CRWD)$  CrowdStrike Microsoft Remediation Symptoms of the Windows crash include hosts experiencing a bugcheck message or the Blue Screen of Death error, both of which are related to CrowdStrike Falcon Sensor update. CrowdStrike has indicated that channel file C-00000291*.sys with timestamp of 0409 UTC is the problematic version, and that channel file C-00000291*.sys with timestamp of 0527 UTC (July 19) or later is the reverted (good) version. CrowdStrike has also indicated that Windows hosts that are brought online after 0527 UTC, Hosts running Windows 7/2008 R2, and Mac- or Linux-based hosts will not be impacted. C

@Agxm Kia ora and thank you for reading my post and asking a valid question.  Kia ora AGXM, You’re right to ask about this. While it might seem that only direct users of CrowdStrike products would be affected, the reality is much broader. Millions have been impacted indirectly due to the interconnected nature of today's digital infrastructure. Here’s why: Widespread Impact on Services: CrowdStrike’s products are integrated into critical systems used by major banks, airlines, and tech companies. When these systems fail, services that millions rely on are disrupted. Ripple Effects: A disruption in one part of the network can cause cascading effects, impacting various sectors connected to it. For example, if a bank’s security is comp

$CrowdStrike Holdings, Inc.(CRWD)$ $Microsoft(MSFT)$  CrowdStrike, a leading cybersecurity firm, has been under scrutiny following a significant software update failure that impacted millions of Windows devices globally on July 19, 2024. The faulty update caused widespread disruptions, affecting critical infrastructure, businesses, and individuals alike. The incident resulted in system failures, including groundings at major airlines, outages at banks and media outlets, and disruptions to hospital operations. The widespread impact underscored the interconnectedness of modern IT systems and the potential consequences of a single software error. While CrowdStrike has ackn