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CrowdStrike Stock Plunges, Rivals Jump, as Update ‘Defect’ Causes Microsoft Outage

KEY TAKEWAYS CrowdStrike shares plunged in premarket trading Friday, while those of its rivals surged, after the cybersecurity firm said an update "defect" caused Microsoft's cloud services outage. The outage impacted services globally of airlines, banks, and other businesses Friday. Wedbush analyst Dan Ives told CNBC that while CrowdStrike's long-term story stayed intact, rivals "will try to…

ByPexecoJuly 19, 20240Comments

Stocks

Verizon’s Latest Partnerships and News: Potencial Growth

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was established in 2000. It is one of the biggest global technology and communications service providers. The firm is based in New York City and has operations in over 150 countries. Verizon’s revenues stood at $134. 0 billion in 2023. Verizon offers data, video and voice services, as well…

ByPexecoJune 15, 20240Comments

European Central Bank ready to cut?

Oil prices are uncertain as to which direction to take

ECB June cut in the works?

Gold Outlook: Petraces from all-time highs

Germany’s HICP rates in sight

Equities report: Equities send out mixed signals