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1 min read

Delta Air Lines spent $170 million on customer and crew-related costs in wake of CrowdStrike outage

Delta Air Lines was the worst-hit carrier following the CrowdStrike outage in July, canceling more …

Pete Syme   


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2 mins read

CrowdStrike's reputation has a 'major black eye.' Earning back customers' trust will be an uphill struggle.

Crisis management will likely be top of the agenda for CrowdStrike after an IT outage sparked globa…

Jyoti Mann   


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2 mins read

CrowdStrike's president accepting the 'most epic fail' award in person was a PR masterclass, experts say

The cybersecurity firm's president said he wanted to collect the award in person because the compan…

Shubhangi Goel   


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2 mins read

Stock market today: Indexes trade mixed amid massive CrowdStrike IT outage

The global IT tech outage comes amid an ongoing sell-off in the Nasdaq 100, which is down 3% so far…

Matthew Fox   


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1 min read

CrowdStrike extends post-outage losses to 34% on report Delta has hired a lawyer to seek compensation

No suit has been filed, but Delta plans to seek compensation from CrowdStrike, a CNBC report said.

Kelly Cloonan   


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3 mins read

Delta just issued a warning shot to CrowdStrike about the money it wants to help cover some losses from the huge outage

The carrier has hired star attorney David Boies to seek damages from CrowdStrike and Microsoft for …

Shubhangi Goel   


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1 min read

CrowdStrike rallies 17% after beating estimates for 3rd quarter earnings and future growth

Shares surged to record highs on the across-the-board beat. CrowdStrike's stock has soared more tha…

Ben Winck   


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2 mins read

CrowdStrike soars 12% on earnings beat and raised guidance as it benefits from surge in remote workers

Crowdstrike added 830 new subscription customers in the first quarter, bringing its total subscript…

Matthew Fox   


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CrowdStrike climbs as the cybersecurity firm is set to be added to the Nasdaq-100

CrowdStrike will replace Maxim Integrated Products on the widely watched index.

Carla Mozée   


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2 mins read

'You guys are based in California, not Ukraine, right?' - an analyst mocked Trump's CrowdStrike conspiracy on the firm's earnings call

Trump's suspicions about CrowdStrike are rooted in the Democratic National Committee's hiring of th…

Theron Mohamed   


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2 mins read

Wall Street is expecting the worst this earnings season. But Bank of America says traders will be pleasantly surprised.

Wall Street currently expects the S&P 500's earnings to fall by 2% in the second quarter from t…

Daniel Strauss   


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2 mins read

United Airlines takes a shot at Delta's IT meltdown: 'Healthy businesses don't make excuses'

United Airlines did not include the financial cost of July's CrowdStrike IT outage on its third qua…

Benjamin Zhang   


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2 mins read

Stock market today: Stocks tumble as the S&P 500 caps off its worst week in 3 months

In the week ahead, investors will have a close eye on mega-cap tech earnings from Tesla and Alphabe…

Matthew Fox   


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2 mins read

Microsoft has investors really freaking out about Big Tech's AI spending

Microsoft's shares dropped in late trading after its Azure revenue growth disappointed even as the …

Ana Altchek   


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2 mins read

Stock market today: Chipmakers lead tech surge ahead of Fed rate decision

Tech stocks rallied ahead of the Fed's rate decision, with Nvidia and AMD popping 10%.

Jennifer Sor   


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3 mins read

MrBeast needs to overhaul his company culture to bounce back, experts say

MrBeast appears to be hiring a HR officer and is implementing sensitivity training after a string o…

Mikhaila Friel   


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5 mins read

President Biden's reelection campaign is on its last legs as Democrats' fears extend beyond losing just the White House

President Joe Biden has desperately tried to convince his fellow Democrats that he's still their be…

Dan DeFrancesco   


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10 mins read

Sweaty, desperate, and sad: Big Tech is giving off divorced dad energy

Big Tech companies like Google, Microsoft, Apple, and Amazon are clinging to a bygone era, failing …

Ed Zitron   


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1 min read

The new bull market for tech stocks is here as the sector is having a '1995-like AI Revolution,' Wedbush says

"We believe tech stocks rip higher into year-end with the new tech bull market here," Wedbush said.

Jennifer Sor   


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5 mins read

Instagram's crisis highlights the bigger issues the entire ad industry is facing

A report detailing issues with Instagram's Reels is demonstrative of the challenges the ad industry…

Dan DeFrancesco