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Microsoft-CrowdStrike Issue Caused 'Largest IT Outage In History,' Showing How Much We Depend On A Handful Of Companies
The global IT outage, which has been attributed to a software update from cybersecurity firm CrowdStrike Holdings Inc. (NASDAQ:CRWD), has been described as the "largest IT outage in history,"
CrowdStrike's Stock Posts Worst Day Since 2022 as Outage Could Be World's Largest Ever
By Steve Goldstein and Emily Bary and James Rogers CrowdStrike CEO says a content update was to blame for the disruption Fixes story to reflect that CrowdStrike stock is up for the year. The massive
Microsoft and Meta continue to increase investment in AI, with cloud spending reaching a new historical high. | AI Dehydration
According to market consensus expectations, global cloud vendor capital expenditures are expected to reach $227 billion in 2024, a year-on-year increase of 39%, reaching a historical high. AI chips, AI networks, HBM memory and server CPUs will benefit.
A Stock Market Rotation of Historic Proportions Is Taking Shape
By Karen Langley The stock market has suddenly turned upside down. The market's laggards have sprung to life in recent days, while the seemingly impervious "Magnificent Seven" group of technology
Tech Bytes: CrowdStrike Outage Results in More Than a Billion US Dollars in Lost Revenue
About 8.5 million computers worldwide were taken out of commission by a bad software update over the weekend, grounding entire airports and downing non-emergency police and firefighting contact numbers as cash registers, banking systems and even social media servers failed one after the next.
Elliott Wave Analysis: Nasdaq Tech Stocks and S&P 500 Correction Phase Strategies [Video]
NASDAQ 100 (NDX), SP500 (SPX), Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), Bitcoin (BTC). Stock market Elliott Wave analysis and trading strategies:
OneNightOnly : vendor takes the blame :)