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09-09

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GameStop Faces "Near Insurmountable Barrier" in Its Return to Growth, Says Wedbush

07-21

I wonder what this means for the near future if crowd stock price $ continue to drop or bounce back ?? Exciting times times to watch and learn!

Sorry, the original content has been removed

07-17

Fake news

GameStop Stock Rises Another 2%, Heading for Eight Straight Sessions

06-28

$MLGO 👀👀 Not entirely sure what's going on, but I love volatility and seeing it. Short ...? 🫣 maybe ? 🤔

Go to Tiger App to see more news

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videogame retailer and original meme stock reports second-quarter results after market close on Sept. 10Videogame retailer and original meme stock GameStop reports second-quarter results after mar","content":"<html><head></head><body><p>The videogame retailer and original meme stock reports second-quarter results after market close on Sept. 10</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/62078f7e51fc9d754fa65f1cebd6522d\" alt=\"Videogame retailer and original meme stock GameStop reports second-quarter results after market close on Sept. 10.\" title=\"Videogame retailer and original meme stock GameStop reports second-quarter results after market close on Sept. 10.\" tg-width=\"923\" tg-height=\"671\"/><span>Videogame retailer and original meme stock GameStop reports second-quarter results after market close on Sept. 10.</span></p><p>GameStop Corp., which reports second-quarter results after market close on Sept. 10, continues to face a slew of challenges, according to analyst firm Wedbush.</p><p style=\"text-align: start;\">“We expect an in-line quarter for GameStop with a modest sequential improvement to its profit, driven by increased interest income following two share offerings (for a total of 120 million shares) that netted the company roughly $3 billion in cash, or around $7 per share,” wrote Wedbush analyst Michael Pachter, in a note released Friday.</p><p>However, GameStop “continues to face a near insurmountable barrier to its planned return to growth,” the analyst added. This includes the ongoing shift of game sales from physical to digital, a decline in game sales as microtransactions proliferate, the growth of subscription services, and an ongoing hardware sales decline as streaming services proliferate, the analyst added. Pachter also cited “the company’s total lack of any strategy to enter new categories with growth potential.”</p><p>Microtransactions are in-game purchases made by gamers. GameStop has not yet responded to a request for comment from MarketWatch.</p><p>Set against this backdrop, Wedbush maintained its underperform rating and $11 price target for GameStop. Of two analysts surveyed by FactSet, one has a hold rating and one has a sell rating for GameStop.</p><p style=\"text-align: start;\">Analysts surveyed by FactSet are looking for GameStop to report a loss of 9 cents a share and sales of $896 million.</p><p>Wedbush expects GameStop to report second-quarter net sales of $900 million and a loss of 1 cent a share. Industry sales were roughly flat year-over-year in the second quarter, with hardware sales declines offset by a decent software release lineup, according to Pachter. “GameStop should benefit from stable industry sales in the quarter, but the ongoing mix shift towards digital likely led to underperformance in the quarter,” he added. “The software release slate in Q2 was solid, with Electronic Arts releasing College Football 25 and the EA Sports MVP Bundle (which included both College Football and Madden), Nintendo releasing Paper Mario: The Thousand-Year Door, and Bandai Namco releasing its Shadow of the Erdtree expansion for Elden Ring.”</p><p style=\"text-align: start;\">Wedbush does not expect GameStop to provide detailed financial guidance for fiscal year 2024. The company has also not held a conference call in conjunction with its earnings report since March 2023 and its press release announcing the date for its second-quarter results made no reference to a call. “Management continues to shun investor interaction, forgoing the customary conference call and Q&amp;A session that typically accompanies earnings releases,” wrote Pachter. “The company has not provided formal sales or earnings guidance since 2019, and does not help investors understand the pace of store closures or the performance of new revenue categories.”</p><p>Nonetheless, this has been an eventful year for the videogame retailer and original meme stock. Last month GameStop said it had voluntarily terminated a $250 million credit agreement that the company entered in November 2021. In June, GameStop said it raised $2.14 billion in a share sale, noting that it may use the proceeds for mergers and acquisitions.</p><p>Earlier this year, the return of influential trader Keith Gill, also known as “Roaring Kitty,” sent shares of GameStop and AMC Entertainment Holdings Inc. skyrocketing. Both stocks featured prominently in the 2021 meme-stock frenzy, in which Gill was an influential figure.</p><p style=\"text-align: start;\">In June, a Reddit post from an account associated with Gill appeared to show him holding a big stake in GameStop. On June 7, Gill hosted his first YouTube livestream in three years, an event that attracted widespread attention. Gill used the livestream to discuss what he described as an “overemphasis” on GameStop’s legacy business. </p><p style=\"text-align: start;\">“They are in the transformation stage,” he said, before saying of GameStop Chief Executive Ryan Cohen: “I believe this guy — he might be able to do it.”</p><p>During GameStop’s annual shareholder meeting in June Cohen said he is focused on creating a “smaller network of stores.” He also noted that the company’s strong balance sheet provides a strategic advantage.</p><p style=\"text-align: start;\">GameStop shares are up 36.5% in 2024, outpacing the S&amp;P 500 index’s gain of 13.4%.</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>GameStop Faces \"Near Insurmountable Barrier\" in Its Return to Growth, Says Wedbush</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\">\nGameStop Faces \"Near Insurmountable Barrier\" in Its Return to Growth, Says Wedbush\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-09-09 15:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The videogame retailer and original meme stock reports second-quarter results after market close on Sept. 10</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/62078f7e51fc9d754fa65f1cebd6522d\" alt=\"Videogame retailer and original meme stock GameStop reports second-quarter results after market close on Sept. 10.\" title=\"Videogame retailer and original meme stock GameStop reports second-quarter results after market close on Sept. 10.\" tg-width=\"923\" tg-height=\"671\"/><span>Videogame retailer and original meme stock GameStop reports second-quarter results after market close on Sept. 10.</span></p><p>GameStop Corp., which reports second-quarter results after market close on Sept. 10, continues to face a slew of challenges, according to analyst firm Wedbush.</p><p style=\"text-align: start;\">“We expect an in-line quarter for GameStop with a modest sequential improvement to its profit, driven by increased interest income following two share offerings (for a total of 120 million shares) that netted the company roughly $3 billion in cash, or around $7 per share,” wrote Wedbush analyst Michael Pachter, in a note released Friday.</p><p>However, GameStop “continues to face a near insurmountable barrier to its planned return to growth,” the analyst added. This includes the ongoing shift of game sales from physical to digital, a decline in game sales as microtransactions proliferate, the growth of subscription services, and an ongoing hardware sales decline as streaming services proliferate, the analyst added. Pachter also cited “the company’s total lack of any strategy to enter new categories with growth potential.”</p><p>Microtransactions are in-game purchases made by gamers. GameStop has not yet responded to a request for comment from MarketWatch.</p><p>Set against this backdrop, Wedbush maintained its underperform rating and $11 price target for GameStop. Of two analysts surveyed by FactSet, one has a hold rating and one has a sell rating for GameStop.</p><p style=\"text-align: start;\">Analysts surveyed by FactSet are looking for GameStop to report a loss of 9 cents a share and sales of $896 million.</p><p>Wedbush expects GameStop to report second-quarter net sales of $900 million and a loss of 1 cent a share. Industry sales were roughly flat year-over-year in the second quarter, with hardware sales declines offset by a decent software release lineup, according to Pachter. “GameStop should benefit from stable industry sales in the quarter, but the ongoing mix shift towards digital likely led to underperformance in the quarter,” he added. “The software release slate in Q2 was solid, with Electronic Arts releasing College Football 25 and the EA Sports MVP Bundle (which included both College Football and Madden), Nintendo releasing Paper Mario: The Thousand-Year Door, and Bandai Namco releasing its Shadow of the Erdtree expansion for Elden Ring.”</p><p style=\"text-align: start;\">Wedbush does not expect GameStop to provide detailed financial guidance for fiscal year 2024. The company has also not held a conference call in conjunction with its earnings report since March 2023 and its press release announcing the date for its second-quarter results made no reference to a call. “Management continues to shun investor interaction, forgoing the customary conference call and Q&amp;A session that typically accompanies earnings releases,” wrote Pachter. “The company has not provided formal sales or earnings guidance since 2019, and does not help investors understand the pace of store closures or the performance of new revenue categories.”</p><p>Nonetheless, this has been an eventful year for the videogame retailer and original meme stock. Last month GameStop said it had voluntarily terminated a $250 million credit agreement that the company entered in November 2021. In June, GameStop said it raised $2.14 billion in a share sale, noting that it may use the proceeds for mergers and acquisitions.</p><p>Earlier this year, the return of influential trader Keith Gill, also known as “Roaring Kitty,” sent shares of GameStop and AMC Entertainment Holdings Inc. skyrocketing. Both stocks featured prominently in the 2021 meme-stock frenzy, in which Gill was an influential figure.</p><p style=\"text-align: start;\">In June, a Reddit post from an account associated with Gill appeared to show him holding a big stake in GameStop. On June 7, Gill hosted his first YouTube livestream in three years, an event that attracted widespread attention. Gill used the livestream to discuss what he described as an “overemphasis” on GameStop’s legacy business. </p><p style=\"text-align: start;\">“They are in the transformation stage,” he said, before saying of GameStop Chief Executive Ryan Cohen: “I believe this guy — he might be able to do it.”</p><p>During GameStop’s annual shareholder meeting in June Cohen said he is focused on creating a “smaller network of stores.” He also noted that the company’s strong balance sheet provides a strategic advantage.</p><p style=\"text-align: start;\">GameStop shares are up 36.5% in 2024, outpacing the S&amp;P 500 index’s gain of 13.4%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4588":"碎股","GME":"游戏驿站","BK4076":"电脑与电子产品零售","BK4585":"ETF&股票定投概念","BK4108":"电影和娱乐","BK4547":"WSB热门概念","BK4577":"网络游戏"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2465611278","content_text":"The videogame retailer and original meme stock reports second-quarter results after market close on Sept. 10Videogame retailer and original meme stock GameStop reports second-quarter results after market close on Sept. 10.GameStop Corp., which reports second-quarter results after market close on Sept. 10, continues to face a slew of challenges, according to analyst firm Wedbush.“We expect an in-line quarter for GameStop with a modest sequential improvement to its profit, driven by increased interest income following two share offerings (for a total of 120 million shares) that netted the company roughly $3 billion in cash, or around $7 per share,” wrote Wedbush analyst Michael Pachter, in a note released Friday.However, GameStop “continues to face a near insurmountable barrier to its planned return to growth,” the analyst added. This includes the ongoing shift of game sales from physical to digital, a decline in game sales as microtransactions proliferate, the growth of subscription services, and an ongoing hardware sales decline as streaming services proliferate, the analyst added. Pachter also cited “the company’s total lack of any strategy to enter new categories with growth potential.”Microtransactions are in-game purchases made by gamers. GameStop has not yet responded to a request for comment from MarketWatch.Set against this backdrop, Wedbush maintained its underperform rating and $11 price target for GameStop. Of two analysts surveyed by FactSet, one has a hold rating and one has a sell rating for GameStop.Analysts surveyed by FactSet are looking for GameStop to report a loss of 9 cents a share and sales of $896 million.Wedbush expects GameStop to report second-quarter net sales of $900 million and a loss of 1 cent a share. Industry sales were roughly flat year-over-year in the second quarter, with hardware sales declines offset by a decent software release lineup, according to Pachter. “GameStop should benefit from stable industry sales in the quarter, but the ongoing mix shift towards digital likely led to underperformance in the quarter,” he added. “The software release slate in Q2 was solid, with Electronic Arts releasing College Football 25 and the EA Sports MVP Bundle (which included both College Football and Madden), Nintendo releasing Paper Mario: The Thousand-Year Door, and Bandai Namco releasing its Shadow of the Erdtree expansion for Elden Ring.”Wedbush does not expect GameStop to provide detailed financial guidance for fiscal year 2024. The company has also not held a conference call in conjunction with its earnings report since March 2023 and its press release announcing the date for its second-quarter results made no reference to a call. “Management continues to shun investor interaction, forgoing the customary conference call and Q&A session that typically accompanies earnings releases,” wrote Pachter. “The company has not provided formal sales or earnings guidance since 2019, and does not help investors understand the pace of store closures or the performance of new revenue categories.”Nonetheless, this has been an eventful year for the videogame retailer and original meme stock. Last month GameStop said it had voluntarily terminated a $250 million credit agreement that the company entered in November 2021. In June, GameStop said it raised $2.14 billion in a share sale, noting that it may use the proceeds for mergers and acquisitions.Earlier this year, the return of influential trader Keith Gill, also known as “Roaring Kitty,” sent shares of GameStop and AMC Entertainment Holdings Inc. skyrocketing. Both stocks featured prominently in the 2021 meme-stock frenzy, in which Gill was an influential figure.In June, a Reddit post from an account associated with Gill appeared to show him holding a big stake in GameStop. On June 7, Gill hosted his first YouTube livestream in three years, an event that attracted widespread attention. Gill used the livestream to discuss what he described as an “overemphasis” on GameStop’s legacy business. “They are in the transformation stage,” he said, before saying of GameStop Chief Executive Ryan Cohen: “I believe this guy — he might be able to do it.”During GameStop’s annual shareholder meeting in June Cohen said he is focused on creating a “smaller network of stores.” He also noted that the company’s strong balance sheet provides a strategic advantage.GameStop shares are up 36.5% in 2024, outpacing the S&P 500 index’s gain of 13.4%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329783266390128,"gmtCreate":1721519411894,"gmtModify":1721519731577,"author":{"id":"4177625167962342","authorId":"4177625167962342","name":"MadaMada","avatar":"https://community-static.tradeup.com/news/9ac082f069eb8e385f8471348fd7633a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4177625167962342","idStr":"4177625167962342"},"themes":[],"htmlText":"I wonder what this means for the near future if crowd stock price $ continue to drop or bounce back ?? Exciting times times to watch and learn!","listText":"I wonder what this means for the near future if crowd stock price $ continue to drop or bounce back ?? Exciting times times to watch and learn!","text":"I wonder what this means for the near future if crowd stock price $ continue to drop or bounce back ?? Exciting times times to watch and learn!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329783266390128","repostId":"1153914089","repostType":4,"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":328457574785232,"gmtCreate":1721204253805,"gmtModify":1721207647293,"author":{"id":"4177625167962342","authorId":"4177625167962342","name":"MadaMada","avatar":"https://community-static.tradeup.com/news/9ac082f069eb8e385f8471348fd7633a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4177625167962342","idStr":"4177625167962342"},"themes":[],"htmlText":"Fake news","listText":"Fake news","text":"Fake news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328457574785232","repostId":"1120603503","repostType":4,"repost":{"id":"1120603503","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1721203863,"share":"https://ttm.financial/m/news/1120603503?lang=&edition=fundamental","pubTime":"2024-07-17 16:11","market":"us","language":"en","title":"GameStop Stock Rises Another 2%, Heading for Eight Straight Sessions","url":"https://stock-news.laohu8.com/highlight/detail?id=1120603503","media":"Tiger Newspress","summary":"GameStop stock gained another 2% in premarket trading Wednesday, heading for eight straight sessions.GameStop meme trading is alive and well this month, with the videogame retailer rising for the seve","content":"<html><head></head><body><p>GameStop stock gained another 2% in premarket trading Wednesday, heading for eight straight sessions.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/32706ea7e5319e62c3c15efcaf5cb40f\" tg-width=\"873\" tg-height=\"625\"/></p><p>GameStop meme trading is alive and well this month, with the videogame retailer rising for the seventh consecutive trading day on Tuesday.</p><p style=\"text-align: start;\">The stock closed up 5.7% at $28.54. It’s up 63% for the year, although its trading volume has subsided substantially since trader Keith Gill, better known as Roaring Kitty, reappeared in mid-May after about three years offline.</p><p>The current streak has sent the stock price up 18% for its best seven-day stretch since June and its highest price in a month. GameStop stock’s highest close for the year was at $48.75 on May 14, when Roaring Kitty returned. Shares had been trading at around $11 in late April.</p><p>The meme stock trade is notoriously volatile, trading more on momentum and excitement, rather than fundamentals such as earnings growth and cash flow.</p><p style=\"text-align: start;\">The stock is currently down 67% from a record high in January 2021. And GameStop stock has slipped from its intraday high for the year of nearly $65 set in May.</p><p style=\"text-align: start;\">Another meme-stock trade, Trump Media &amp; Technology Group, rose sharply Monday, following theassassination attempton the former president, before shedding some of those gains. Notably, GameStop CEO Ryan Cohen posted on X what appeared to be anendorsement of Donald Trumpin the 2024 election shortly afterward.</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>GameStop Stock Rises Another 2%, Heading for Eight Straight Sessions</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\">\nGameStop Stock Rises Another 2%, Heading for Eight Straight Sessions\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-07-17 16:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>GameStop stock gained another 2% in premarket trading Wednesday, heading for eight straight sessions.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/32706ea7e5319e62c3c15efcaf5cb40f\" tg-width=\"873\" tg-height=\"625\"/></p><p>GameStop meme trading is alive and well this month, with the videogame retailer rising for the seventh consecutive trading day on Tuesday.</p><p style=\"text-align: start;\">The stock closed up 5.7% at $28.54. It’s up 63% for the year, although its trading volume has subsided substantially since trader Keith Gill, better known as Roaring Kitty, reappeared in mid-May after about three years offline.</p><p>The current streak has sent the stock price up 18% for its best seven-day stretch since June and its highest price in a month. GameStop stock’s highest close for the year was at $48.75 on May 14, when Roaring Kitty returned. Shares had been trading at around $11 in late April.</p><p>The meme stock trade is notoriously volatile, trading more on momentum and excitement, rather than fundamentals such as earnings growth and cash flow.</p><p style=\"text-align: start;\">The stock is currently down 67% from a record high in January 2021. And GameStop stock has slipped from its intraday high for the year of nearly $65 set in May.</p><p style=\"text-align: start;\">Another meme-stock trade, Trump Media &amp; Technology Group, rose sharply Monday, following theassassination attempton the former president, before shedding some of those gains. Notably, GameStop CEO Ryan Cohen posted on X what appeared to be anendorsement of Donald Trumpin the 2024 election shortly afterward.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120603503","content_text":"GameStop stock gained another 2% in premarket trading Wednesday, heading for eight straight sessions.GameStop meme trading is alive and well this month, with the videogame retailer rising for the seventh consecutive trading day on Tuesday.The stock closed up 5.7% at $28.54. It’s up 63% for the year, although its trading volume has subsided substantially since trader Keith Gill, better known as Roaring Kitty, reappeared in mid-May after about three years offline.The current streak has sent the stock price up 18% for its best seven-day stretch since June and its highest price in a month. GameStop stock’s highest close for the year was at $48.75 on May 14, when Roaring Kitty returned. Shares had been trading at around $11 in late April.The meme stock trade is notoriously volatile, trading more on momentum and excitement, rather than fundamentals such as earnings growth and cash flow.The stock is currently down 67% from a record high in January 2021. And GameStop stock has slipped from its intraday high for the year of nearly $65 set in May.Another meme-stock trade, Trump Media & Technology Group, rose sharply Monday, following theassassination attempton the former president, before shedding some of those gains. Notably, GameStop CEO Ryan Cohen posted on X what appeared to be anendorsement of Donald Trumpin the 2024 election shortly afterward.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321747772051664,"gmtCreate":1719583075240,"gmtModify":1719585601692,"author":{"id":"4177625167962342","authorId":"4177625167962342","name":"MadaMada","avatar":"https://community-static.tradeup.com/news/9ac082f069eb8e385f8471348fd7633a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4177625167962342","idStr":"4177625167962342"},"themes":[],"htmlText":"$MLGO 👀👀 Not entirely sure what's going on, but I love volatility and seeing it. Short ...? 🫣 maybe ? 🤔","listText":"$MLGO 👀👀 Not entirely sure what's going on, but I love volatility and seeing it. Short ...? 🫣 maybe ? 🤔","text":"$MLGO 👀👀 Not entirely sure what's going on, but I love volatility and seeing it. Short ...? 🫣 maybe ? 🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321747772051664","isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":328457574785232,"gmtCreate":1721204253805,"gmtModify":1721207647293,"author":{"id":"4177625167962342","authorId":"4177625167962342","name":"MadaMada","avatar":"https://community-static.tradeup.com/news/9ac082f069eb8e385f8471348fd7633a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4177625167962342","authorIdStr":"4177625167962342"},"themes":[],"htmlText":"Fake news","listText":"Fake news","text":"Fake news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/328457574785232","repostId":"1120603503","repostType":4,"repost":{"id":"1120603503","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1721203863,"share":"https://ttm.financial/m/news/1120603503?lang=&edition=fundamental","pubTime":"2024-07-17 16:11","market":"us","language":"en","title":"GameStop Stock Rises Another 2%, Heading for Eight Straight Sessions","url":"https://stock-news.laohu8.com/highlight/detail?id=1120603503","media":"Tiger Newspress","summary":"GameStop stock gained another 2% in premarket trading Wednesday, heading for eight straight sessions.GameStop meme trading is alive and well this month, with the videogame retailer rising for the seve","content":"<html><head></head><body><p>GameStop stock gained another 2% in premarket trading Wednesday, heading for eight straight sessions.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/32706ea7e5319e62c3c15efcaf5cb40f\" tg-width=\"873\" tg-height=\"625\"/></p><p>GameStop meme trading is alive and well this month, with the videogame retailer rising for the seventh consecutive trading day on Tuesday.</p><p style=\"text-align: start;\">The stock closed up 5.7% at $28.54. It’s up 63% for the year, although its trading volume has subsided substantially since trader Keith Gill, better known as Roaring Kitty, reappeared in mid-May after about three years offline.</p><p>The current streak has sent the stock price up 18% for its best seven-day stretch since June and its highest price in a month. GameStop stock’s highest close for the year was at $48.75 on May 14, when Roaring Kitty returned. Shares had been trading at around $11 in late April.</p><p>The meme stock trade is notoriously volatile, trading more on momentum and excitement, rather than fundamentals such as earnings growth and cash flow.</p><p style=\"text-align: start;\">The stock is currently down 67% from a record high in January 2021. And GameStop stock has slipped from its intraday high for the year of nearly $65 set in May.</p><p style=\"text-align: start;\">Another meme-stock trade, Trump Media &amp; Technology Group, rose sharply Monday, following theassassination attempton the former president, before shedding some of those gains. Notably, GameStop CEO Ryan Cohen posted on X what appeared to be anendorsement of Donald Trumpin the 2024 election shortly afterward.</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>GameStop Stock Rises Another 2%, Heading for Eight Straight Sessions</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\">\nGameStop Stock Rises Another 2%, Heading for Eight Straight Sessions\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-07-17 16:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>GameStop stock gained another 2% in premarket trading Wednesday, heading for eight straight sessions.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/32706ea7e5319e62c3c15efcaf5cb40f\" tg-width=\"873\" tg-height=\"625\"/></p><p>GameStop meme trading is alive and well this month, with the videogame retailer rising for the seventh consecutive trading day on Tuesday.</p><p style=\"text-align: start;\">The stock closed up 5.7% at $28.54. It’s up 63% for the year, although its trading volume has subsided substantially since trader Keith Gill, better known as Roaring Kitty, reappeared in mid-May after about three years offline.</p><p>The current streak has sent the stock price up 18% for its best seven-day stretch since June and its highest price in a month. GameStop stock’s highest close for the year was at $48.75 on May 14, when Roaring Kitty returned. Shares had been trading at around $11 in late April.</p><p>The meme stock trade is notoriously volatile, trading more on momentum and excitement, rather than fundamentals such as earnings growth and cash flow.</p><p style=\"text-align: start;\">The stock is currently down 67% from a record high in January 2021. And GameStop stock has slipped from its intraday high for the year of nearly $65 set in May.</p><p style=\"text-align: start;\">Another meme-stock trade, Trump Media &amp; Technology Group, rose sharply Monday, following theassassination attempton the former president, before shedding some of those gains. Notably, GameStop CEO Ryan Cohen posted on X what appeared to be anendorsement of Donald Trumpin the 2024 election shortly afterward.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120603503","content_text":"GameStop stock gained another 2% in premarket trading Wednesday, heading for eight straight sessions.GameStop meme trading is alive and well this month, with the videogame retailer rising for the seventh consecutive trading day on Tuesday.The stock closed up 5.7% at $28.54. It’s up 63% for the year, although its trading volume has subsided substantially since trader Keith Gill, better known as Roaring Kitty, reappeared in mid-May after about three years offline.The current streak has sent the stock price up 18% for its best seven-day stretch since June and its highest price in a month. GameStop stock’s highest close for the year was at $48.75 on May 14, when Roaring Kitty returned. Shares had been trading at around $11 in late April.The meme stock trade is notoriously volatile, trading more on momentum and excitement, rather than fundamentals such as earnings growth and cash flow.The stock is currently down 67% from a record high in January 2021. And GameStop stock has slipped from its intraday high for the year of nearly $65 set in May.Another meme-stock trade, Trump Media & Technology Group, rose sharply Monday, following theassassination attempton the former president, before shedding some of those gains. Notably, GameStop CEO Ryan Cohen posted on X what appeared to be anendorsement of Donald Trumpin the 2024 election shortly afterward.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347576149233720,"gmtCreate":1725880989448,"gmtModify":1725886063754,"author":{"id":"4177625167962342","authorId":"4177625167962342","name":"MadaMada","avatar":"https://community-static.tradeup.com/news/9ac082f069eb8e385f8471348fd7633a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4177625167962342","authorIdStr":"4177625167962342"},"themes":[],"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347576149233720","repostId":"2465611278","repostType":2,"isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329783266390128,"gmtCreate":1721519411894,"gmtModify":1721519731577,"author":{"id":"4177625167962342","authorId":"4177625167962342","name":"MadaMada","avatar":"https://community-static.tradeup.com/news/9ac082f069eb8e385f8471348fd7633a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4177625167962342","authorIdStr":"4177625167962342"},"themes":[],"htmlText":"I wonder what this means for the near future if crowd stock price $ continue to drop or bounce back ?? Exciting times times to watch and learn!","listText":"I wonder what this means for the near future if crowd stock price $ continue to drop or bounce back ?? Exciting times times to watch and learn!","text":"I wonder what this means for the near future if crowd stock price $ continue to drop or bounce back ?? Exciting times times to watch and learn!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/329783266390128","repostId":"1153914089","repostType":4,"repost":{"id":"1153914089","kind":"news","pubTimestamp":1721518883,"share":"https://ttm.financial/m/news/1153914089?lang=&edition=fundamental","pubTime":"2024-07-21 07:41","market":"us","language":"en","title":"CrowdStrike Crash Affected 8.5 Million Microsoft Windows Devices","url":"https://stock-news.laohu8.com/highlight/detail?id=1153914089","media":"Bloomberg","summary":"A faulty software update from cybersecurity firm CrowdStrike Holdings Inc. affected 8.5 million devices globally that rely on the Microsoft Windows operating system.Microsoft Corp. gave the full scope","content":"<html><head></head><body><p>A faulty software update from cybersecurity firm CrowdStrike Holdings Inc. affected 8.5 million devices globally that rely on the Microsoft Windows operating system.</p><p style=\"text-align: start;\">Microsoft Corp. gave the full scope of the worldwide IT outage for the first time in a blog post on Saturday, saying those affected represented fewer than 1% of all devices that use Windows. “While the percentage was small,” the Redmond, Washington-based company said, there were “broad economic and societal impacts.”</p><p>In what will go down as the most catastrophic IT failure the world has ever seen, the CrowdStrike update crashed the systems of businesses and governments globally, paralyzing their operations for hours. Emergency response lines went down. Thousands of flights were delayed and canceled. Hospitals were forced to delay procedures, and trading across markets slowed.</p><p style=\"text-align: start;\">In an effort to explain how another firm’s software update brought down Windows systems, Ann Johnson, a deputy chief information security officer at Microsoft, used the analogy of a driver filling a car with fuel.</p><p>“If you have an automobile, and you take that automobile to the fuel station and you get fuel that is not quality fuel or corrupted fuel, your automobile is not going to work properly,” Johnson said in an interview Friday. “The fuel is traversing throughout the entire system of your engine, and it will impact performance. It may impact the vehicle on a whole.”</p><p style=\"text-align: start;\">In a similar way, Johnson said, “CrowdStrike lives at a layer within Microsoft Windows” to provide “the utmost of security. They live at a layer that truly does impact the entirety of the Windows infrastructure if they get it incorrect.”</p></body></html>","source":"lsy1584095487587","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 Crash Affected 8.5 Million Microsoft Windows Devices</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\">\nCrowdStrike Crash Affected 8.5 Million Microsoft Windows Devices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-21 07:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-07-20/crowdstrike-crash-affected-8-5-million-microsoft-windows-devices?srnd=phx-technology><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A faulty software update from cybersecurity firm CrowdStrike Holdings Inc. affected 8.5 million devices globally that rely on the Microsoft Windows operating system.Microsoft Corp. gave the full scope...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-07-20/crowdstrike-crash-affected-8-5-million-microsoft-windows-devices?srnd=phx-technology\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRWD":"CrowdStrike Holdings, Inc.","MSFT":"微软"},"source_url":"https://www.bloomberg.com/news/articles/2024-07-20/crowdstrike-crash-affected-8-5-million-microsoft-windows-devices?srnd=phx-technology","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153914089","content_text":"A faulty software update from cybersecurity firm CrowdStrike Holdings Inc. affected 8.5 million devices globally that rely on the Microsoft Windows operating system.Microsoft Corp. gave the full scope of the worldwide IT outage for the first time in a blog post on Saturday, saying those affected represented fewer than 1% of all devices that use Windows. “While the percentage was small,” the Redmond, Washington-based company said, there were “broad economic and societal impacts.”In what will go down as the most catastrophic IT failure the world has ever seen, the CrowdStrike update crashed the systems of businesses and governments globally, paralyzing their operations for hours. Emergency response lines went down. Thousands of flights were delayed and canceled. Hospitals were forced to delay procedures, and trading across markets slowed.In an effort to explain how another firm’s software update brought down Windows systems, Ann Johnson, a deputy chief information security officer at Microsoft, used the analogy of a driver filling a car with fuel.“If you have an automobile, and you take that automobile to the fuel station and you get fuel that is not quality fuel or corrupted fuel, your automobile is not going to work properly,” Johnson said in an interview Friday. “The fuel is traversing throughout the entire system of your engine, and it will impact performance. It may impact the vehicle on a whole.”In a similar way, Johnson said, “CrowdStrike lives at a layer within Microsoft Windows” to provide “the utmost of security. They live at a layer that truly does impact the entirety of the Windows infrastructure if they get it incorrect.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321747772051664,"gmtCreate":1719583075240,"gmtModify":1719585601692,"author":{"id":"4177625167962342","authorId":"4177625167962342","name":"MadaMada","avatar":"https://community-static.tradeup.com/news/9ac082f069eb8e385f8471348fd7633a","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4177625167962342","authorIdStr":"4177625167962342"},"themes":[],"htmlText":"$MLGO 👀👀 Not entirely sure what's going on, but I love volatility and seeing it. Short ...? 🫣 maybe ? 🤔","listText":"$MLGO 👀👀 Not entirely sure what's going on, but I love volatility and seeing it. Short ...? 🫣 maybe ? 🤔","text":"$MLGO 👀👀 Not entirely sure what's going on, but I love volatility and seeing it. Short ...? 🫣 maybe ? 🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/321747772051664","isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}