Earn Your Leisure
Market Mayhem: Crowdstrike's Plunge Amid Global Tech Outage
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:07:15
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Sinopsis
Welcome back to another riveting clip of Market Mondays! Today, we're diving into one of the most tumultuous events the tech industry has seen in recent times—a global tech outage that sent shockwaves through various sectors and led to massive flight cancellations. Rashad Bilal, Ian Dunlap, and Troy Millings are here to break it all down for you.*[00:00:00] Global Tech Outage:*Last week saw an unprecedented global tech outage that continued into this week, causing the cancellation of over 600 Delta flights. The ripple effects of this outage are significant, impacting various industries and millions of people around the world.*[00:00:43] Impact on Crowdstrike:*Crowdstrike, a major player in cybersecurity, took a significant hit with its stock dropping over 30% from its 52-week high. Ian Dunlap offers insightful analysis on whether this presents a buying opportunity or if further caution is warranted. He suggests that there's still room for the stock to fall to around $249.77 before considering a long-t