CrowdStrike Holdings Inc. (CRWD)
Republican representatives call on CrowdStrike CEO George Kurtz to testify
Republican representatives on Monday called on CrowdStrike CEO George Kurtz to testify after a defective software update caused disruptions across the globe. Reps. Mark Green and Andrew Garbarino said the incident serves as a "warning about the national security risks associated with network dependency," according to a letter.
US House panel calls on CrowdStrike CEO to testify on outage, Washington Post reports
U.S. House of Representatives Homeland Security Committee has called on CrowdStrike CEO George Kurtz to testify about a recent massive global outage, the Washington Post reported on Monday, citing a letter by the congressional panel.
Insurers to see limited hit from CrowdStrike disruption, Fitch says
The global insurance and reinsurance industry is likely to avoid any major financial impact from the outage sparked by CrowdStrike's glitchy security software update that disrupted internet services worldwide last week, Fitch Ratings said.
CrowdStrike Stock Is Down Nearly 30% After Recent Outage -- Time to Load Up the Truck?
Is it time to buy CrowdStrike stock?
CrowdStrike's Failure Is SentinelOne's Opportunity
CrowdStrike's recent update failure impacted a large number of devices and customers. The incident creates an opportunity for competitors to gain market share if CrowdStrike loses customers or its win rate declines. SentinelOne probably stands to gain the most due to its similar offerings and small size relative to CrowdStrike.
CrowdStrike shares plunge 13% in another day of crushing losses after causing global outage
While analysts largely expect CrowdStrike to recover from the incident given its leading position in the industry, concerns around reputational damage, a hit to new customer contracts, competition and possible legal tussles remain.
Cathie Wood Bought $8 Million in CrowdStrike After Tech Meltdown
The CEO of ARK Invest swooped in to buy the dip after an update for the company's software system triggered a global tech outage.
Why CrowdStrike Stock Crashed Again Today
Analysts are explaining why they have lower expectations for CrowdStrike after last week's incident. The business might not be able to get customers to sign new contracts as easily as it has in the past.
CrowdStrike shares tumble as fallout from global tech outage continues
Guggenheim Securities analysts downgraded CrowdStrike stock, saying signings could be affected after Friday's widespread outage of Windows computers stemming from a faulty CrowdStrike software update. Over the weekend, people posted photos of Windows devices that still needed attention.
Piper Sandler Just Cut Its Price Target on CrowdStrike (CRWD) Stock
CrowdStrike (NASDAQ:CRWD) stock just hit by a price target cut from Piper Sandler analysts following the outage is caused over the weekend. This has Piper Sandler analyst Ron Owens dropping the firm's price target for CRWD stock from $400 per share to $310 per share.
CrowdStrike Faces Downgrades Amid Concerns Over Pricing and Renewals Following Disruption
CrowdStrike Holdings, Inc CRWD stock continued its downward price trajectory Monday as its cloud software update on Thursday triggered an outage that affected businesses worldwide.
CrowdStrike (CRWD) Down on Faulty Update: Should You Buy It Now?
The faulty Falcon update has exposed critical vulnerabilities in CrowdStrike's (CRWD) operations, raising questions about its ability to maintain client trust and market dominance.
