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MandyAng

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2023-09-25

Oue is one of the worst.

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2023-10-29

Tsm seems to be quite generous with bonus to their employees.

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08-01

Why would they pull.the shares down by generating such news

CrowdStrike Is Sued by Shareholders over Huge Software Outage

2023-10-26

$LENOVO GROUP(00992)$

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would they pull.the shares down by generating such news","listText":"Why would they pull.the shares down by generating such news","text":"Why would they pull.the shares down by generating such news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333609869168888","repostId":"2456196031","repostType":2,"repost":{"id":"2456196031","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1722488791,"share":"https://ttm.financial/m/news/2456196031?lang=&edition=fundamental","pubTime":"2024-08-01 13:06","market":"us","language":"en","title":"CrowdStrike Is Sued by Shareholders over Huge Software Outage","url":"https://stock-news.laohu8.com/highlight/detail?id=2456196031","media":"Reuters","summary":"By Jonathan Stempel      July 31 (Reuters) - CrowdStrike    has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could caus","content":"<html><head></head><body><p>July 31 (Reuters) - CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the July 19 global outage that crashed more than 8 million computers.</p><p>In a proposed class action filed on Tuesday night in the Austin, Texas federal court, shareholders said they learned that CrowdStrike&#39;s assurances about its technology were materially false and misleading when a flawed software update disrupted airlines, banks, hospitals and emergency lines around the world.</p><p>They said CrowdStrike&#39;s share price fell 32% over the next 12 days, wiping out $25 billion of market value, as the outage&#39;s effects became known, Chief Executive George Kurtz was called to testify to the U.S. Congress, and Delta Air Lines reportedly hired prominent lawyer David Boies to seek damages.</p><p>The complaint cites statements including from a March 5 conference call where Kurtz characterized CrowdStrike&#39;s software as &#34;validated, tested and certified.&#34;</p><p>In a statement on Wednesday, Austin-based CrowdStrike said: &#34;We believe this case lacks merit and we will vigorously defend the company,&#34; Kurtz and Chief Financial Officer Burt Podbere are also defendants.</p><p>The lawsuit led by the Plymouth County Retirement Association of Plymouth, Massachusetts, seeks unspecified damages for holders of CrowdStrike Class A shares between Nov. 29, 2023 and July 29, 2024.</p><p>Shareholders often sue companies after unexpected negative news causes stock prices to fall, and CrowdStrike could face more lawsuits.</p><p>Delta Chief Executive Ed Bastian told CNBC on Wednesday that the outage cost his airline $500 million, including lost revenue and compensation and hotels for stranded fliers.</p><p>CrowdStrike shares closed on Wednesday down $1.69 at $231.96. They closed at $343.05 on the day before the outage.</p><p>The case is Plymouth County Retirement Association v CrowdStrike Inc et al, U.S. District Court, Western District of Texas, No. 24-00857.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CrowdStrike Is Sued by Shareholders over Huge Software Outage</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrowdStrike Is Sued by Shareholders over Huge Software Outage\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-08-01 13:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>July 31 (Reuters) - CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the July 19 global outage that crashed more than 8 million computers.</p><p>In a proposed class action filed on Tuesday night in the Austin, Texas federal court, shareholders said they learned that CrowdStrike&#39;s assurances about its technology were materially false and misleading when a flawed software update disrupted airlines, banks, hospitals and emergency lines around the world.</p><p>They said CrowdStrike&#39;s share price fell 32% over the next 12 days, wiping out $25 billion of market value, as the outage&#39;s effects became known, Chief Executive George Kurtz was called to testify to the U.S. Congress, and Delta Air Lines reportedly hired prominent lawyer David Boies to seek damages.</p><p>The complaint cites statements including from a March 5 conference call where Kurtz characterized CrowdStrike&#39;s software as &#34;validated, tested and certified.&#34;</p><p>In a statement on Wednesday, Austin-based CrowdStrike said: &#34;We believe this case lacks merit and we will vigorously defend the company,&#34; Kurtz and Chief Financial Officer Burt Podbere are also defendants.</p><p>The lawsuit led by the Plymouth County Retirement Association of Plymouth, Massachusetts, seeks unspecified damages for holders of CrowdStrike Class A shares between Nov. 29, 2023 and July 29, 2024.</p><p>Shareholders often sue companies after unexpected negative news causes stock prices to fall, and CrowdStrike could face more lawsuits.</p><p>Delta Chief Executive Ed Bastian told CNBC on Wednesday that the outage cost his airline $500 million, including lost revenue and compensation and hotels for stranded fliers.</p><p>CrowdStrike shares closed on Wednesday down $1.69 at $231.96. They closed at $343.05 on the day before the outage.</p><p>The case is Plymouth County Retirement Association v CrowdStrike Inc et al, U.S. District Court, Western District of Texas, No. 24-00857.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","LU1923622614.USD":"Natixis Thematics Meta R/A USD","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4588":"碎股","BK4500":"航空公司","LU1917777945.USD":"安联专题基金Cl AT Acc","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","BK4551":"寇图资本持仓","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","BK4097":"系统软件","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","BK4560":"网络安全概念","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1548497426.USD":"安联环球人工智能AT Acc","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","DAL":"达美航空","BK4528":"SaaS概念","IE00BZ9MQY76.HKD":"FTGF CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (HKD) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4532":"文艺复兴科技持仓","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","LU2433249047.HKD":"THEMATICS META \"R/A\" (HKD) ACC","BK4008":"航空公司","LU1923622291.USD":"Natixis Thematics Safety R/A USD","CRWD":"CrowdStrike Holdings, Inc.","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","BK4585":"ETF&股票定投概念","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2456196031","content_text":"July 31 (Reuters) - CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the July 19 global outage that crashed more than 8 million computers.In a proposed class action filed on Tuesday night in the Austin, Texas federal court, shareholders said they learned that CrowdStrike's assurances about its technology were materially false and misleading when a flawed software update disrupted airlines, banks, hospitals and emergency lines around the world.They said CrowdStrike's share price fell 32% over the next 12 days, wiping out $25 billion of market value, as the outage's effects became known, Chief Executive George Kurtz was called to testify to the U.S. Congress, and Delta Air Lines reportedly hired prominent lawyer David Boies to seek damages.The complaint cites statements including from a March 5 conference call where Kurtz characterized CrowdStrike's software as \"validated, tested and certified.\"In a statement on Wednesday, Austin-based CrowdStrike said: \"We believe this case lacks merit and we will vigorously defend the company,\" Kurtz and Chief Financial Officer Burt Podbere are also defendants.The lawsuit led by the Plymouth County Retirement Association of Plymouth, Massachusetts, seeks unspecified damages for holders of CrowdStrike Class A shares between Nov. 29, 2023 and July 29, 2024.Shareholders often sue companies after unexpected negative news causes stock prices to fall, and CrowdStrike could face more lawsuits.Delta Chief Executive Ed Bastian told CNBC on Wednesday that the outage cost his airline $500 million, including lost revenue and compensation and hotels for stranded fliers.CrowdStrike shares closed on Wednesday down $1.69 at $231.96. They closed at $343.05 on the day before the outage.The case is Plymouth County Retirement Association v CrowdStrike Inc et al, U.S. District Court, Western District of Texas, No. 24-00857.","news_type":1},"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":235745237901520,"gmtCreate":1698587689254,"gmtModify":1698588282130,"author":{"id":"3578362192957065","authorId":"3578362192957065","name":"MandyAng","avatar":"https://community-static.tradeup.com/news/0fd9321a0afa5e254e1e1be42fa691c8","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578362192957065","authorIdStr":"3578362192957065"},"themes":[],"htmlText":"Tsm seems to be quite generous with bonus to their employees.&nbsp;","listText":"Tsm seems to be quite generous with bonus to their employees.&nbsp;","text":"Tsm seems to be quite generous with bonus to their employees.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/235745237901520","repostId":"2378356871","repostType":2,"repost":{"id":"2378356871","kind":"highlight","pubTimestamp":1698545163,"share":"https://ttm.financial/m/news/2378356871?lang=&edition=fundamental","pubTime":"2023-10-29 10:06","market":"us","language":"en","title":"3 Monster Buy-and-Hold Growth Stocks to Buy Right Now for $1K","url":"https://stock-news.laohu8.com/highlight/detail?id=2378356871","media":"InvestorPlace","summary":"These are three growth stocks you will want to buy and never sell if you have $1,000 available to invest today.","content":"<html><head></head><body><ul style=\"\"><li><p>Growth stocks have proved to be the driving force in the stock market’s outperformance against all other asset classes over time.</p></li><li><p><strong>Costco (<u>COST</u>):</strong> The warehouse shopping club giant is in expansion mode as consumers respond to its competitive prices.</p></li><li><p><strong>Novo Nordisk (<u>NVO</u>):</strong> The pharmaceutical owns the weight loss-in-a-pill market with two therapies that can’t stop growing.</p></li><li><p><strong>Taiwan Semiconductor Manufacturing (<u>TSM</u>):</strong> The largest pure play chip foundry is the semi manufacturer other chip companies turn to when in need.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bfd9cf95547546a1a1f535773ad066b\" tg-width=\"768\" tg-height=\"432\"/></p><p>Source: shutterstock.com/pichit</p><p>Over the past 100 years, the stock market has proved to be the best way to build wealth. Even through recessions, depressions, and world wars, growth stocks generate better returns than any other asset class. Not gold, bonds, real estate, or even, more recently, cryptocurrencies.</p><p>Particularly when the stocks are in the grip of a bull market, investors who choose growth stocks to buy and hold for long-term wealth are generously rewarded.</p><p>If you have $1,000 to invest today, what follows are three extraordinary growth stocks you’ll want to buy right now and never sell.</p><h2 id=\"id_521109796\">Costco (COST)</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7cf2af7e6fe4968a4797abe37c0f9353\" tg-width=\"300\" tg-height=\"169\"/></p><p>Source: ESB Professional / Shutterstock.com</p><p>American consumers are turning defensive, and one of the main beneficiaries is the warehouse superstore <strong>Costco</strong> (NASDAQ:<strong>COST</strong>). The retailer business model virtually compels consumer loyalty, enabling it to generate relatively steady sales growth.</p><p>Because it relies upon high-volume, low-margin sales, however, profits quickly come under pressure during rising interest rate environments. Yet the retailer can ride out such storms because consumers view it as especially competitive in pricing. They return again and again for the bargains it brings.</p><p>Although Costco targets more upscale consumers than rival <strong>Walmart</strong> (NYSE:<strong>WMT</strong>), even they are feeling the pinch these days. CFO Richard Galanti told analysts this summer that shoppers were ditching beef for chicken and pork. Still, Costco beat earnings expectations in the fiscal fourth quarter with profits of $4.86 per share, up 16% year over year. Although comparable store sales were soft, rising just 0.2% in the U.S. (but up 1.1% globally), the retailer saw more customer traffic even as they made smaller purchases.</p><p>Foot traffic analytics platform Placer.ai found Costco is able to continuously expand without cannibalizing sales at existing stores. Particularly in markets such as New Jersey, where it hasn’t opened a new store in years, it is seeing increases in foot traffic. Costco said during this month’s earnings conference call it planned on opening 10 new stores in its first fiscal quarter.</p><p>With more levers to pull to juice additional returns, like a membership fee increase, Costco is a no-brainer buy right now.</p><h2 id=\"id_1233707588\">Novo Nordisk (NVO)</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/27dc0d0d2ff25c603de836bbc848a3dd\" tg-width=\"300\" tg-height=\"169\"/></p><p>Source: shutterstock.com/Champhei</p><p>There are a few hotter stocks than <strong>Novo Nordisk</strong> (NYSE:<strong>NVO</strong>). Fewer still have the long-term legs the Danish pharmaceutical possesses. Powered by the success of its twin weight-loss therapies, Ozempic and Wegovy, Novo Nordisk shares are up 84% over the past 12 months. That’s far better than any of its peers of a similar size and led the pharma to split its shares 2-for-1 in September.</p><p>Novo Nordisk owns the glycogen-like peptide-1 (GLP-1) market with a 65% share. Ozempic’s share alone accounts for 44%of the market. It only introduced Wegovy into the U.S. market this year. Sales of both drugs are up 50% so far this year.</p><p>GLP-1 therapies were medications originally prescribed to help lower blood sugar levels for diabetics. Demand skyrocketed after they discovered their weight-loss-promoting properties. So much so that diabetics are having difficulty securing the treatments. Ozempic and Wegovy are also so successful they impact bariatric surgeries performed by <strong>Intuitive Surgical</strong> (NASDAQ:ISRG). The robotic surgery device maker reported elective procedures for weight loss slowed significantly this year.</p><p>With high demand, Novo Nordisk is employing contract manufacturers to help keep up supply. Weight loss in a pill has long been a dream of many. It indicates the pharmaceutical will maintain its upward trajectory for years to come.</p><h2 id=\"id_131371170\">Taiwan Semiconductor Manufacturing (TSM)</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/36ee9bf9d16198bf45756cb8bb4eb3cf\" tg-width=\"300\" tg-height=\"169\"/></p><p>Source: sdx15 / Shutterstock.com</p><p>Warren Buffett may have abandoned <strong>Taiwan Semiconductor</strong> (NYSE:<strong>TSM</strong>) over geopolitical tensions, but that doesn’t mean you should. TSM, as the company is known, is best positioned to capitalize on the foremost trends in semiconductors.</p><p>Artificial intelligence has catapulted numerous stocks into the stratosphere on the promise of wealth to come. TSM, however, is actually one that will profit from it. That’s because whatever technology is developed to take advantage of AI’s capabilities, is going to need advanced computer chips to power the processes, whether they’re <strong>Nvidia’s</strong> (NASDAQ:<strong><u>NVDA</u></strong>) industry-leading chips or some other semi-stock. And by and large, the chip companies turn to TSM to manufacture the chips for them.</p><p>Nvidia is a chip designer, not a foundry. Like others, it turns to TSM, the industry’s largest pure-play, to make its chips according to the specs it provides. So do many other major chip companies. So, no matter which chip ultimately wins, so does TSM.</p><p>Of course, chip-making is cyclical. There is a secular downturn underway in the PC market, creating headwinds for TSM right now. Yet the chip titan is still on a long trek higher. Shares are up only about 10% since Buffett sold his stake, meaning plenty of upside is still available.</p></body></html>","source":"investorplace_stock_picks","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Monster Buy-and-Hold Growth Stocks to Buy Right Now for $1K</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Monster Buy-and-Hold Growth Stocks to Buy Right Now for $1K\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-29 10:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/10/3-monster-buy-and-hold-growth-stocks-to-buy-right-now-for-1k/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Growth stocks have proved to be the driving force in the stock market’s outperformance against all other asset classes over time.Costco (COST): The warehouse shopping club giant is in expansion mode ...</p>\n\n<a href=\"https://investorplace.com/2023/10/3-monster-buy-and-hold-growth-stocks-to-buy-right-now-for-1k/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电","NVO":"诺和诺德","COST":"好市多"},"source_url":"https://investorplace.com/2023/10/3-monster-buy-and-hold-growth-stocks-to-buy-right-now-for-1k/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2378356871","content_text":"Growth stocks have proved to be the driving force in the stock market’s outperformance against all other asset classes over time.Costco (COST): The warehouse shopping club giant is in expansion mode as consumers respond to its competitive prices.Novo Nordisk (NVO): The pharmaceutical owns the weight loss-in-a-pill market with two therapies that can’t stop growing.Taiwan Semiconductor Manufacturing (TSM): The largest pure play chip foundry is the semi manufacturer other chip companies turn to when in need.Source: shutterstock.com/pichitOver the past 100 years, the stock market has proved to be the best way to build wealth. Even through recessions, depressions, and world wars, growth stocks generate better returns than any other asset class. Not gold, bonds, real estate, or even, more recently, cryptocurrencies.Particularly when the stocks are in the grip of a bull market, investors who choose growth stocks to buy and hold for long-term wealth are generously rewarded.If you have $1,000 to invest today, what follows are three extraordinary growth stocks you’ll want to buy right now and never sell.Costco (COST)Source: ESB Professional / Shutterstock.comAmerican consumers are turning defensive, and one of the main beneficiaries is the warehouse superstore Costco (NASDAQ:COST). The retailer business model virtually compels consumer loyalty, enabling it to generate relatively steady sales growth.Because it relies upon high-volume, low-margin sales, however, profits quickly come under pressure during rising interest rate environments. Yet the retailer can ride out such storms because consumers view it as especially competitive in pricing. They return again and again for the bargains it brings.Although Costco targets more upscale consumers than rival Walmart (NYSE:WMT), even they are feeling the pinch these days. CFO Richard Galanti told analysts this summer that shoppers were ditching beef for chicken and pork. Still, Costco beat earnings expectations in the fiscal fourth quarter with profits of $4.86 per share, up 16% year over year. Although comparable store sales were soft, rising just 0.2% in the U.S. (but up 1.1% globally), the retailer saw more customer traffic even as they made smaller purchases.Foot traffic analytics platform Placer.ai found Costco is able to continuously expand without cannibalizing sales at existing stores. Particularly in markets such as New Jersey, where it hasn’t opened a new store in years, it is seeing increases in foot traffic. Costco said during this month’s earnings conference call it planned on opening 10 new stores in its first fiscal quarter.With more levers to pull to juice additional returns, like a membership fee increase, Costco is a no-brainer buy right now.Novo Nordisk (NVO)Source: shutterstock.com/ChampheiThere are a few hotter stocks than Novo Nordisk (NYSE:NVO). Fewer still have the long-term legs the Danish pharmaceutical possesses. Powered by the success of its twin weight-loss therapies, Ozempic and Wegovy, Novo Nordisk shares are up 84% over the past 12 months. That’s far better than any of its peers of a similar size and led the pharma to split its shares 2-for-1 in September.Novo Nordisk owns the glycogen-like peptide-1 (GLP-1) market with a 65% share. Ozempic’s share alone accounts for 44%of the market. It only introduced Wegovy into the U.S. market this year. Sales of both drugs are up 50% so far this year.GLP-1 therapies were medications originally prescribed to help lower blood sugar levels for diabetics. Demand skyrocketed after they discovered their weight-loss-promoting properties. So much so that diabetics are having difficulty securing the treatments. Ozempic and Wegovy are also so successful they impact bariatric surgeries performed by Intuitive Surgical (NASDAQ:ISRG). The robotic surgery device maker reported elective procedures for weight loss slowed significantly this year.With high demand, Novo Nordisk is employing contract manufacturers to help keep up supply. Weight loss in a pill has long been a dream of many. It indicates the pharmaceutical will maintain its upward trajectory for years to come.Taiwan Semiconductor Manufacturing (TSM)Source: sdx15 / Shutterstock.comWarren Buffett may have abandoned Taiwan Semiconductor (NYSE:TSM) over geopolitical tensions, but that doesn’t mean you should. TSM, as the company is known, is best positioned to capitalize on the foremost trends in semiconductors.Artificial intelligence has catapulted numerous stocks into the stratosphere on the promise of wealth to come. TSM, however, is actually one that will profit from it. That’s because whatever technology is developed to take advantage of AI’s capabilities, is going to need advanced computer chips to power the processes, whether they’re Nvidia’s (NASDAQ:NVDA) industry-leading chips or some other semi-stock. And by and large, the chip companies turn to TSM to manufacture the chips for them.Nvidia is a chip designer, not a foundry. Like others, it turns to TSM, the industry’s largest pure-play, to make its chips according to the specs it provides. So do many other major chip companies. So, no matter which chip ultimately wins, so does TSM.Of course, chip-making is cyclical. There is a secular downturn underway in the PC market, creating headwinds for TSM right now. Yet the chip titan is still on a long trek higher. Shares are up only about 10% since Buffett sold his stake, meaning plenty of upside is still available.","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":234742642040904,"gmtCreate":1698331701686,"gmtModify":1698333354164,"author":{"id":"3578362192957065","authorId":"3578362192957065","name":"MandyAng","avatar":"https://community-static.tradeup.com/news/0fd9321a0afa5e254e1e1be42fa691c8","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578362192957065","authorIdStr":"3578362192957065"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00992\">$LENOVO GROUP(00992)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/00992\">$LENOVO GROUP(00992)$ &nbsp;</a>","text":"$LENOVO GROUP(00992)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/234742642040904","isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":223507912814688,"gmtCreate":1695610342595,"gmtModify":1695610512050,"author":{"id":"3578362192957065","authorId":"3578362192957065","name":"MandyAng","avatar":"https://community-static.tradeup.com/news/0fd9321a0afa5e254e1e1be42fa691c8","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578362192957065","authorIdStr":"3578362192957065"},"themes":[],"htmlText":"Oue is one of the worst.&nbsp;&nbsp;","listText":"Oue is one of the worst.&nbsp;&nbsp;","text":"Oue is one of the worst.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/223507912814688","repostId":"2370823897","repostType":2,"repost":{"id":"2370823897","kind":"highlight","pubTimestamp":1695606723,"share":"https://ttm.financial/m/news/2370823897?lang=&edition=fundamental","pubTime":"2023-09-25 09:52","market":"sg","language":"en","title":"Four Industrial S-Reits Among Best Performing in the Year to Date","url":"https://stock-news.laohu8.com/highlight/detail?id=2370823897","media":"businesstimes","summary":"WHILE the iEdge S-Reit Index (benchmark for the S-Reits cluster) returned flat in the year to date, the top 10 performing S-Reits within the benchmark averaged 11.1 per cent total returns. Of these, four were industrial Reits – AIMS Apac Reit (11.2 per cent in total returns), Mapletree Logistics Trust (9.3 per cent), Mapletree Industrial Trust (7.7 per cent), and CapitaLand Ascendas Reit (7.3 per cent).","content":"<div>\n<p>WHILE the iEdge S-Reit Index (benchmark for the S-Reits cluster) returned flat in the year to date, the top 10 performing S-Reits within the benchmark averaged 11.1 per cent total returns. Of these, ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/four-industrial-s-reits-among-best-performing-year-date\">Web Link</a>\n\n</div>\n","source":"bustime_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Four Industrial S-Reits Among Best Performing in the Year to Date</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFour Industrial S-Reits Among Best Performing in the Year to Date\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-25 09:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/four-industrial-s-reits-among-best-performing-year-date><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WHILE the iEdge S-Reit Index (benchmark for the S-Reits cluster) returned flat in the year to date, the top 10 performing S-Reits within the benchmark averaged 11.1 per cent total returns. Of these, ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/four-industrial-s-reits-among-best-performing-year-date\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"O5RU.SI":"宝泽安保资本工业房地产信托","ME8U.SI":"丰树工业信托","A17U.SI":"凯德腾飞房产信托","M44U.SI":"丰树物流信托"},"source_url":"https://www.businesstimes.com.sg/companies-markets/four-industrial-s-reits-among-best-performing-year-date","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2370823897","content_text":"WHILE the iEdge S-Reit Index (benchmark for the S-Reits cluster) returned flat in the year to date, the top 10 performing S-Reits within the benchmark averaged 11.1 per cent total returns. Of these, four were industrial Reits – AIMS Apac Reit (11.2 per cent in total returns), Mapletree Logistics Trust (9.3 per cent), Mapletree Industrial Trust (7.7 per cent), and CapitaLand Ascendas Reit (7.3 per cent).The four industrial Reits averaged 9 per cent in total returns in the year to date and recorded combined net institutional fund inflows of S$18.9 million. These four industrial Reits, along with ESR-Logos Reit, were also among the top 10 Reits that recorded institutional net inflows in August.According to the September SGX S-Reits & Property Trusts Chartbook, industrial Reits led August’s net institutional fund flows with S$78 million in combined inflows. In industrial production, Singapore’s factory output fell 0.9 per cent year on year (yoy) in July, contracting at a slower rate than in the month before, as key electronics segment returned to growth.July’s industrial production data marked the 10th consecutive month of contraction, but was better than the 3.8 per cent contraction that private-sector economists were expecting according to a Bloomberg poll. Analysts indicated that the better-than-expected print signals that a gradual recovery in manufacturing activity is on the cards in the latter half of this year.AIMS Apac Reit (AAReit) reported that distributions to unitholders for Q1 FY24 grew 5.1 per cent yoy to S$17.2 million. Despite challenging headwinds, AAReit continues to see sustained demand for high-quality assets from advanced manufacturing and logistics sectors.AAReit’s portfolio occupancy increased to 98.1 per cent, attributable to the industrial and logistics and warehouse segments. Renewed leases during the quarter achieved positive rental reversion of 38 per cent largely due to strong demand from third-party logistics providers.Mapletree Logistics Trust (MLT) reported that amount distributable to unitholders for Q1 FY23/24 rose 3.1 per cent yoy to S$112 million, including a higher divestment gain and capital gain tax write-back. During the quarter, MLT completed acquisitions of eight properties in Japan, South Korea and Australia, bringing the total number of assets in its portfolio to 193.MLT maintained a portfolio occupancy rate of 97.1 per cent, up slightly quarter on quarter (qoq). MLT achieved positive rental reversions of approximately 4.2 per cent, led by Singapore, Japan and Vietnam.Mapletree Industrial Trust (MIT) reported 3.1 per cent higher distribution to unitholders qoq, but 2.5 per cent lower on a year-on-year basis as higher net property income was offset by higher borrowing costs. MIT achieved positive rental revisions for renewal leases across most property segments in Singapore.In May, MIT announced the acquisition of a newly built data centre in Osaka, Japan, which will offer a strategic opportunity for MIT to diversify its data centre presence in Japan. With newly acquired properties in Singapore in H1 2023 and the US in FY22, CapitaLand Ascendas Reit’s (Clar) gross revenue for H1 2023 rose 7.7 per cent but total amount available for distribution declined by 1 per cent, mainly due to higher interest expense.Clar maintained a portfolio occupancy of 94.4 per cent and achieved rental reversion of 18 per cent for leases renewed during Q2 2023, led by the Singapore logistics segment which saw 39.1 per cent reversion amid a tight supply. SGX RESEARCH","news_type":1},"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":223507912814688,"gmtCreate":1695610342595,"gmtModify":1695610512050,"author":{"id":"3578362192957065","authorId":"3578362192957065","name":"MandyAng","avatar":"https://community-static.tradeup.com/news/0fd9321a0afa5e254e1e1be42fa691c8","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578362192957065","idStr":"3578362192957065"},"themes":[],"htmlText":"Oue is one of the worst.&nbsp;&nbsp;","listText":"Oue is one of the worst.&nbsp;&nbsp;","text":"Oue is one of the worst.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/223507912814688","repostId":"2370823897","repostType":2,"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":235745237901520,"gmtCreate":1698587689254,"gmtModify":1698588282130,"author":{"id":"3578362192957065","authorId":"3578362192957065","name":"MandyAng","avatar":"https://community-static.tradeup.com/news/0fd9321a0afa5e254e1e1be42fa691c8","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578362192957065","idStr":"3578362192957065"},"themes":[],"htmlText":"Tsm seems to be quite generous with bonus to their employees.&nbsp;","listText":"Tsm seems to be quite generous with bonus to their employees.&nbsp;","text":"Tsm seems to be quite generous with bonus to their employees.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/235745237901520","repostId":"2378356871","repostType":2,"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":333609869168888,"gmtCreate":1722492648050,"gmtModify":1722492750543,"author":{"id":"3578362192957065","authorId":"3578362192957065","name":"MandyAng","avatar":"https://community-static.tradeup.com/news/0fd9321a0afa5e254e1e1be42fa691c8","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578362192957065","idStr":"3578362192957065"},"themes":[],"htmlText":"Why would they pull.the shares down by generating such news","listText":"Why would they pull.the shares down by generating such news","text":"Why would they pull.the shares down by generating such news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/333609869168888","repostId":"2456196031","repostType":2,"repost":{"id":"2456196031","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1722488791,"share":"https://ttm.financial/m/news/2456196031?lang=&edition=fundamental","pubTime":"2024-08-01 13:06","market":"us","language":"en","title":"CrowdStrike Is Sued by Shareholders over Huge Software Outage","url":"https://stock-news.laohu8.com/highlight/detail?id=2456196031","media":"Reuters","summary":"By Jonathan Stempel      July 31 (Reuters) - CrowdStrike    has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could caus","content":"<html><head></head><body><p>July 31 (Reuters) - CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the July 19 global outage that crashed more than 8 million computers.</p><p>In a proposed class action filed on Tuesday night in the Austin, Texas federal court, shareholders said they learned that CrowdStrike&#39;s assurances about its technology were materially false and misleading when a flawed software update disrupted airlines, banks, hospitals and emergency lines around the world.</p><p>They said CrowdStrike&#39;s share price fell 32% over the next 12 days, wiping out $25 billion of market value, as the outage&#39;s effects became known, Chief Executive George Kurtz was called to testify to the U.S. Congress, and Delta Air Lines reportedly hired prominent lawyer David Boies to seek damages.</p><p>The complaint cites statements including from a March 5 conference call where Kurtz characterized CrowdStrike&#39;s software as &#34;validated, tested and certified.&#34;</p><p>In a statement on Wednesday, Austin-based CrowdStrike said: &#34;We believe this case lacks merit and we will vigorously defend the company,&#34; Kurtz and Chief Financial Officer Burt Podbere are also defendants.</p><p>The lawsuit led by the Plymouth County Retirement Association of Plymouth, Massachusetts, seeks unspecified damages for holders of CrowdStrike Class A shares between Nov. 29, 2023 and July 29, 2024.</p><p>Shareholders often sue companies after unexpected negative news causes stock prices to fall, and CrowdStrike could face more lawsuits.</p><p>Delta Chief Executive Ed Bastian told CNBC on Wednesday that the outage cost his airline $500 million, including lost revenue and compensation and hotels for stranded fliers.</p><p>CrowdStrike shares closed on Wednesday down $1.69 at $231.96. They closed at $343.05 on the day before the outage.</p><p>The case is Plymouth County Retirement Association v CrowdStrike Inc et al, U.S. District Court, Western District of Texas, No. 24-00857.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>CrowdStrike Is Sued by Shareholders over Huge Software Outage</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrowdStrike Is Sued by Shareholders over Huge Software Outage\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-08-01 13:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>July 31 (Reuters) - CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the July 19 global outage that crashed more than 8 million computers.</p><p>In a proposed class action filed on Tuesday night in the Austin, Texas federal court, shareholders said they learned that CrowdStrike&#39;s assurances about its technology were materially false and misleading when a flawed software update disrupted airlines, banks, hospitals and emergency lines around the world.</p><p>They said CrowdStrike&#39;s share price fell 32% over the next 12 days, wiping out $25 billion of market value, as the outage&#39;s effects became known, Chief Executive George Kurtz was called to testify to the U.S. Congress, and Delta Air Lines reportedly hired prominent lawyer David Boies to seek damages.</p><p>The complaint cites statements including from a March 5 conference call where Kurtz characterized CrowdStrike&#39;s software as &#34;validated, tested and certified.&#34;</p><p>In a statement on Wednesday, Austin-based CrowdStrike said: &#34;We believe this case lacks merit and we will vigorously defend the company,&#34; Kurtz and Chief Financial Officer Burt Podbere are also defendants.</p><p>The lawsuit led by the Plymouth County Retirement Association of Plymouth, Massachusetts, seeks unspecified damages for holders of CrowdStrike Class A shares between Nov. 29, 2023 and July 29, 2024.</p><p>Shareholders often sue companies after unexpected negative news causes stock prices to fall, and CrowdStrike could face more lawsuits.</p><p>Delta Chief Executive Ed Bastian told CNBC on Wednesday that the outage cost his airline $500 million, including lost revenue and compensation and hotels for stranded fliers.</p><p>CrowdStrike shares closed on Wednesday down $1.69 at $231.96. They closed at $343.05 on the day before the outage.</p><p>The case is Plymouth County Retirement Association v CrowdStrike Inc et al, U.S. District Court, Western District of Texas, No. 24-00857.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU1992135399.USD":"Allianz Global Intelligent Cities AT Acc USD","LU1923622614.USD":"Natixis Thematics Meta R/A USD","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","LU2125909247.SGD":"Natixis Thematics Meta H-R/A SGD","LU1923623000.USD":"Natixis Thematics AI & Robotics Fund R/A USD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4588":"碎股","BK4500":"航空公司","LU1917777945.USD":"安联专题基金Cl AT Acc","LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU1951200564.SGD":"Natixis Thematics AI & Robotics Fund R/A SGD","BK4551":"寇图资本持仓","LU1951198990.SGD":"Natixis Thematics AI & Robotics Fund H-R/A SGD-H","BK4097":"系统软件","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","BK4560":"网络安全概念","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1548497426.USD":"安联环球人工智能AT Acc","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","DAL":"达美航空","BK4528":"SaaS概念","IE00BZ9MQY76.HKD":"FTGF CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (HKD) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4532":"文艺复兴科技持仓","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","LU2433249047.HKD":"THEMATICS META \"R/A\" (HKD) ACC","BK4008":"航空公司","LU1923622291.USD":"Natixis Thematics Safety R/A USD","CRWD":"CrowdStrike Holdings, Inc.","LU2272731600.USD":"Allianz Global Intelligent Cities AM Dis USD","BK4585":"ETF&股票定投概念","LU2272731782.SGD":"Allianz Global Intelligent Cities AM Dis H2-SGD","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2456196031","content_text":"July 31 (Reuters) - CrowdStrike has been sued by shareholders who said the cybersecurity company defrauded them by concealing how its inadequate software testing could cause the July 19 global outage that crashed more than 8 million computers.In a proposed class action filed on Tuesday night in the Austin, Texas federal court, shareholders said they learned that CrowdStrike's assurances about its technology were materially false and misleading when a flawed software update disrupted airlines, banks, hospitals and emergency lines around the world.They said CrowdStrike's share price fell 32% over the next 12 days, wiping out $25 billion of market value, as the outage's effects became known, Chief Executive George Kurtz was called to testify to the U.S. Congress, and Delta Air Lines reportedly hired prominent lawyer David Boies to seek damages.The complaint cites statements including from a March 5 conference call where Kurtz characterized CrowdStrike's software as \"validated, tested and certified.\"In a statement on Wednesday, Austin-based CrowdStrike said: \"We believe this case lacks merit and we will vigorously defend the company,\" Kurtz and Chief Financial Officer Burt Podbere are also defendants.The lawsuit led by the Plymouth County Retirement Association of Plymouth, Massachusetts, seeks unspecified damages for holders of CrowdStrike Class A shares between Nov. 29, 2023 and July 29, 2024.Shareholders often sue companies after unexpected negative news causes stock prices to fall, and CrowdStrike could face more lawsuits.Delta Chief Executive Ed Bastian told CNBC on Wednesday that the outage cost his airline $500 million, including lost revenue and compensation and hotels for stranded fliers.CrowdStrike shares closed on Wednesday down $1.69 at $231.96. They closed at $343.05 on the day before the outage.The case is Plymouth County Retirement Association v CrowdStrike Inc et al, U.S. District Court, Western District of Texas, No. 24-00857.","news_type":1},"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":234742642040904,"gmtCreate":1698331701686,"gmtModify":1698333354164,"author":{"id":"3578362192957065","authorId":"3578362192957065","name":"MandyAng","avatar":"https://community-static.tradeup.com/news/0fd9321a0afa5e254e1e1be42fa691c8","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578362192957065","idStr":"3578362192957065"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/00992\">$LENOVO GROUP(00992)$ &nbsp;</a>","listText":"<a href=\"https://ttm.financial/S/00992\">$LENOVO GROUP(00992)$ &nbsp;</a>","text":"$LENOVO GROUP(00992)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/234742642040904","isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}