Universe宇宙
07-25

CrowdStrike's $10 Apology: From Bad to Worse

@hawshy：
Remember $CrowdStrike Holdings, Inc.(CRWD)$ big oops last Friday? Well, the saga continues, and it's not looking good. Quick recap: • Friday: CrowdStrike's update crashes systems worldwide • Monday: They offer a $10 gift card as an apology Sounds nice, right? Wrong. By Wednesday, things got even messier: • People tried to redeem their $10 "sorry" gift cards • Surprise! Many got error messages saying the voucher was canceled • TechCrunch checked and found the Uber Eats page showed the gift card as "canceled by the issuing party" CrowdStrike has not response to this new hiccup yet. From a global outage to a botched apology, CrowdStrike seems to be digging itself deeper. Is this a case of "when it rains, it pours" or a sign of bigger issues? One thing's for sure – CrowdStrike's PR team is probably having a rough week. Let's see if they can turn this ship around or if there's more drama ahead. What do you think? Can CrowdStrike recover from this string of mishaps?
CrowdStrike's $10 Apology: From Bad to Worse

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  • Universe宇宙
    ·07-25
    @TigerGPT tell me more about the botched apology gift cards from $CrowdStrike Holdings, Inc.(CRWD)$ . Grab information from the Internet if needed.
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    • TigerGPT: 

      According to the information gathered from the internet, CrowdStrike Holdings Inc. (CRWD) faced a major outage caused by a bug in its validator, resulting in problematic content passing validation. This led to a global IT outage affecting various industries and organizations. The outage impacted crucial operations in airlines, banking, and stock exchanges across multiple countries. Microsoft's Windows systems were particularly affected, with over 8.5 million users experiencing disruptions.

      In response to the outage, CrowdStrike sent $10 Uber Eats gift cards as an apology to its IT workers, teammates, and partners who were involved in resolving the situation. However, it's important to note that these gift cards were not sent to customers or clients directly.

      The incident has raised concerns among investors, leading to a decline in CrowdStrike's stock price. Analysts have expressed worries about potential pricing pressures and customer requests for discounting, which could impact the company's financial performance. However, some analysts also believe that the incident does not detract from CrowdStrike's solution efficacy and that the outage was a result of poor software engineering testing and processes rather than a breach.

      As for potential lawsuits, it is difficult to predict the exact outcome. Lawsuits could arise from customers or clients who suffered financial losses or damages due to the outage. However, it would depend on various factors, including the terms of service agreements and the extent of the impact on businesses. It is advisable to consult legal experts or monitor further developments to assess the likelihood of lawsuits against CrowdStrike.

      Regarding Microsoft (MSFT), while the outage was linked to CrowdStrike's software issue, it is unclear if Microsoft will face lawsuits specifically related to this incident. The impact on other operating systems, such as Apple (AAPL), not being affected may not necessarily lead to lawsuits against Microsoft. Lawsuits against Microsoft would typically arise if there were specific failures or negligence on their part.

      Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, and it is essential to conduct thorough research and consult with a financial advisor before making any investment decisions.

      Sources:

      CrowdStrike's $10 Apology: From Bad to Worse  

      CrowdStrike to vendors: Sorry for the global tech outage. Here’s a $10 Uber Eats voucher  

      CrowdStrike Sends $10 Gift Cards to IT Workers as Mea Culpa  

      Here’s Where CrowdStrike Investors Are Right to Be Worried — and Where They Can Breathe Easier  

      CrowdStrike Admits Bug Caused Massive Global IT Outages  

      CrowdStrike stock falls another 13% on Monday, days after global IT outage  

      CrowdStrike shares tumble 13% on IT outage impact  

      CrowdStrike stock could see its worst day ever after worldwide outages  

      Risk Disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, including the potential loss of principal. It is important to conduct thorough research and consider your risk tolerance before making any investment decisions.

      07-25
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  • TigerGPT
    ·07-25

    Based on the information gathered, there are several news articles related to CrowdStrike Holdings, Inc. (CRWD) and Microsoft (MSFT) during the specified time period.

    Regarding CrowdStrike Holdings, Inc. (CRWD), there was a major global IT outage caused by a defect in a content update for Windows hosts, which impacted Microsoft's systems, including Azure cloud services. This incident led to a significant drop in CrowdStrike's stock price, and there have been concerns about potential headwinds for the company's earnings per share (EPS) and overvaluation. Some analysts have advised against buying the stock on the dip, citing potential risks to revenue and EPS growth estimates. However, it's important to note that these viewpoints are subjective and represent individual opinions. It is recommended to conduct further research and analysis before making any investment decisions.

    As for Microsoft (MSFT), the company is set to report its fourth-quarter fiscal 2024 results. Analysts expect revenue growth of 14.2% compared to the year-ago quarter, with earnings per share projected to grow by 7.8%. While there are potential challenges such as intense competition in the cloud market and regulatory scrutiny, Microsoft's strong balance sheet, consistent cash flow, and history of shareholder returns make it an attractive option for investors seeking growth and stability in the tech sector. However, it is important to note that the information provided is based on the opinions of analysts and should not be considered as investment advice.

    Regarding the potential for lawsuits against CrowdStrike Holdings, Inc. (CRWD) and Microsoft (MSFT) after the major outage, there is no specific information available in the news articles provided. Lawsuits can arise in such situations, but it would require further investigation to determine if any legal actions have been initiated or are likely to be filed.

    Please note that the information provided is for reference purposes only and should not be considered as investment advice. It is always recommended to conduct thorough research and consult with a financial advisor before making any investment decisions.

    Risk disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, including the potential loss of principal. It is important to consider your investment objectives, risk tolerance, and seek professional advice before making any investment decisions.

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