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☆ CrowdStrike shares tumble as fallout from global tech outage continues
▼ + stars: | 2024-07-22 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

CrowdStrike shares slipped as much as 13% on Monday morning, as the cybersecurity software company continued to help clients across industries recover from an outage that took millions of Microsoft Windows devices offline last week. The incident ensnared 8.5 million Windows devices, less than 1% of the global total, Microsoft said. CrowdStrike shares fell 11% on Friday, but the fallout was not over yet. Guggenheim Securities downgraded its rating on CrowdStrike shares to neutral from buy on Sunday. Goldman Sachs maintained their buy rating on CrowdStrike shares in a note issued early Monday.

Persons: George Kurtz, CrowdStrike, CNBC's Jim Cramer, John DiFucci, Goldman Sachs, Gabriela Borges, Dave DeWalt Organizations: Microsoft, Guggenheim Securities, McAfee, Intel Locations: Laguna Beach , California, U.S, CrowdStrike

☆ CrowdStrike outage: What we know 4 days after a software update brought down computer systems around the world
▼ + stars: | 2024-07-22 | by ( Zoe Sottile | ) edition.cnn.com time to read: +7 min

CNN —Four days after a faulty software update from a cybersecurity company unexpectedly brought down computers and technical systems across the world, airlines and some other companies are still experiencing delays and other technical problems. The outage was related to a software update rolled out by CrowdStrike, a major US cybersecurity firm. The issue is specific to Falcon, one of CrowdStrike’s main software products, and is not impacting Mac or Linux operating systems, according to the advisory. US-based carriers American Airlines, United Airlines, Delta Air Lines, Allegiant Airlines, SunCountry and Frontier Airlines all reported issues on Friday. More than 1,200 Delta flights were canceled on Sunday, after the carrier canceled 1,208 flights on Saturday, according to FlightAware.

Persons: ” –, Patrick Anderson, —, CrowdStrike, “, George Kurtz, Kurtz, Crowdstrike, United, Delta, Pete Buttigieg, Ed Bastian, ” Buttigieg, Bastian, it’s, David Kennedy, “ It’s, ” Kennedy, “ There’s, Buttigieg, Brigham, Dana Organizations: CNN, Microsoft, Anderson Economic Group, Fortune, Travelers, Marriott International, American Airlines, United Airlines, Delta Air Lines, Allegiant Airlines, Frontier Airlines, Delta Airlines, Delta, Delta Air, Department, Turkish Airlines, Jetstar, Hong Kong Express, Cebu Pacific, Binary Defense, Mass, Penn Medicine, Mount, Mount Sinai Health, Emory Healthcare, Farber Cancer Institute, New, Memorial Sloan Kettering Cancer Center, Government, Social Security, Department of Motor Vehicles, UPS, FedEx Locations: Delta, FlightAware, Jetstar Japan, Hong, Massachusetts, Pennsylvania, Mount Sinai, New York, Atlanta, Boston, Arizona, Alaska, Washington ,

☆ Congress Calls for Tech Outage Hearing to Grill Executive
▼ + stars: | 2024-07-22 | by ( David Mccabe | More About David Mccabe | ) www.nytimes.com time to read: +1 min

A Congressional committee called on the chief executive of CrowdStrike to testify at a hearing about its role in a tech outage that roiled the global economy, in one of the first attempts to hold the cybersecurity company responsible. CrowdStrike sent a faulty security update to its customers Thursday night, resulting in millions of Microsoft Windows devices shutting down and disruptions to airlines, hospitals, logistics companies and others. Americans “deserve to know in detail how this incident happened and the mitigation steps CrowdStrike is taking,” wrote Representative Mark Green of Tennessee, the Republican chairman of the Homeland Security Committee, and Representative Andrew Garbarino, Republican of New York. The letter was sent to George Kurtz, CrowdStrike’s chief executive. Mr. Green and Mr. Garbarino asked the company for a response to scheduling the hearing this week, but did not specify when it would take place.

Persons: CrowdStrike, “, ”, Mark Green of, Andrew Garbarino, George Kurtz, . Green, Garbarino Organizations: Microsoft, Homeland Security Committee, Republican Locations: Mark Green of Tennessee, New York

☆ Republican representatives call on CrowdStrike CEO George Kurtz to testify
▼ + stars: | 2024-07-22 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Republican representatives on Monday called on CrowdStrike CEO George Kurtz to testify in front of the House Committee on Homeland Security, days after the company issued a faulty software update that crashed millions of Microsoft Windows devices. The outage caused disruptions across "key functions" of the global economy, including banking, aviation, health care, emergency services and media, the lawmakers said. Kurtz said Friday that the outage was not a cyberattack or security incident, and CrowdStrike deployed a fix that day. Green and Garbarino asked CrowdStrike to set up a hearing with the Subcommittee on Cybersecurity and Infrastructure Protection by Wednesday at the latest. CrowdStrike and Microsoft did not immediately respond to CNBC's request for comment.

Persons: George Kurtz, Mark Green, Andrew Garbarino, Garbarino, Kurtz, CrowdStrike Organizations: Microsoft Corp, Homeland Security, Microsoft, Protection Locations: New Delhi, India, U.S

☆ More flight cancellations are expected as airlines gradually recover from global tech outage
▼ + stars: | 2024-07-21 | by ( Dalia Faheid | ) edition.cnn.com time to read: +8 min

CNN —Additional flight cancellations are expected through this weekend as airlines gradually recover from a global tech outage that has left thousands of passengers stranded at airports. The outage “has basically turned computers into bricks around the world,” Glenn Gerstell, former general counsel of the US National Security Agency, told CNN Saturday. More than 400 United flights were canceled Saturday, and over 200 flights were canceled Sunday, according to FlightAware.com. “I was supposed to be in California for my mom’s wedding,” Richard Whitfield of Pasco County, Florida, told CNN Saturday. They didn’t tell me – I had no notification, nothing,” Charlotte Yeh told CNN affiliate WFXT on Saturday.

Persons: ” Glenn Gerstell, ” Gerstell, ” CrowdStrike, George Kurtz, ” United, Delta, “, Allegiant, it’s, David Kennedy, “ It’s, ” Kennedy, “ There’s, Pete Buttigieg, ” Buttigieg, Justin Tallis, Villareal, ” Villareal, we’ve, ” Richard Whitfield, Whitfield, Jonathan Shade, Richard, ” Shade, Shade, ”, –, ” Charlotte Yeh, “ We’ve, ” Marc Forbes, WFXT, ” Carol Edwards Organizations: CNN, Microsoft, US National Security Agency, United Airlines, Delta Air, American Airlines, Binary Defense, US Department of Transportation, ”, Gatwick Airport, Getty, Atlanta’s Hartsfield, Jackson International Airport, Delta Air Lines, Boston Logan International, WFXT, Las Locations: Horley, London, California, Pasco County , Florida, Tampa, Atlanta, Tallahassee, Delta, Fort Lauderdale, Ft . Lauderdale, West Palm, Boston, Las Vegas

☆ Costs from the global outage could top $1 billion – but who pays the bill is harder to understand
▼ + stars: | 2024-07-21 | by ( Chris Isidore | ) edition.cnn.com time to read: +5 min

New York CNN —The world learned relatively quickly that cybersecurity firm CrowdStrike was behind a crippling global tech outage on Friday. Billion-dollar billExperts largely agree it’s too early to get a firm handle on the price tag for Friday’s global internet breakdown. His firm estimates that a recent hack of CDK Global, a software firm that serves US car dealerships, reached that $1 billion cost mark. It’s also not clear how many customers CrowdStrike might lose because of Friday. It will be difficult, and not without additional costs, for many customers to switch from CrowdStrike to a competitor.

Persons: CrowdStrike, ”, you’re, Dan Ives, it’s, Patrick Anderson, Anderson, Harry Reid, Ty ONeil, “, James Lewis, Lewis, It’s, Wedbush Securities ’, ” Ives, George Kurtz, ’ ”, Eric O’Neill Organizations: New, New York CNN, CNN, Wedbush Securities, Anderson Economic Group, Harry, Harry Reid International Airport, Microsoft, Center for Strategic, International Studies, SolarWinds, Exchange Commission, CNBC Locations: New York, Michigan, Russian, CrowdStrike

☆ This is the 2nd time CrowdStrike CEO George Kurtz has been at the center of a global tech failure
▼ + stars: | 2024-07-20 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

A faulty update from CrowdStrike caused a global tech outage on Friday. CrowdStrike CEO George Kurtz has been down this road before. As CTO of McAfee in 2010, Kurtz was at the center of another similar tech debacle. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.

Persons: CrowdStrike, George Kurtz, Kurtz, — Organizations: McAfee, Service, Microsoft, Business

☆ Global IT outage leaves thousands stranded at airports amid chaos at hospitals, government agencies and 911 systems
▼ + stars: | 2024-07-20 | by ( Dalia Faheid | ) edition.cnn.com time to read: +10 min

All flights were grounded for United Airlines, Delta Air Lines, American Airlines and Allegiant Airlines on Friday. Meanwhile, thousands of companies around the world are struggling with payment processing after the outage brought down systems across a wide range of businesses. Airlines, banks, TV channels and other businesses were disrupted worldwide on Friday following a major computer systems outage linked to an update on an antivirus program. In addition to hospitals, blood donation centers have experienced challenges and are altering blood shipment methods due to flight delays. The Social Security Administration closed its local offices to the public on Friday after the outage shut down numerous services.

Persons: ”, “, Kiah Hampton, Hampton, Jennifer Small, ” Small, Ty Kelley, “ I’m, Miya Haney, Dave DeWalt, George Kurtz, ” Kurtz, Etienne Laurent, Kim Brown, ” Brown, Laura Topete, ” Topete, Ted Wheeler, Kathy Hochul Organizations: CNN, Microsoft, United Airlines, Delta Air Lines, American Airlines, Allegiant Airlines, Airlines, Atlanta’s Hartsfield, Jackson International Airport, ” Spirit Airlines, Shipping, UPS, FedEx, Marriott International, Hilton, McAfee, Infrastructure Security Agency, Delta Airlines, Getty, Kaiser Permanente, Health, Hospital Medical, Epic Systems, US Department of Health, Human Services, York Blood Center, Angeles, Superior Court, Department, ”, United States Customs, Border Protection, CBP, Social Security Administration, US Department of Justice Locations: United States, Los Angeles, ” New Jersey, Jersey, Philadelphia, Boston, Alaska, Phoenix, New York City, Texas , Tennessee, North Carolina, Georgia, Airlines, Kaiser, San Jose , California, Portland , Oregon, Southern California, San Diego County, Arizona, Maricopa County, New York

☆ Malicious actors trying to exploit global tech outage for their own gain
▼ + stars: | 2024-07-20 | by ( ) www.cnbc.com time to read: +1 min

As the world continues to recover from massive business and travel disruptions caused by a faulty software update from cybersecurity firm CrowdStrike , malicious actors are trying to exploit the situation for their own gain. "We know that adversaries and bad actors will try to exploit events like this," Kurtz said in a statement. Microsoft said 8.5 million devices running its Windows operating system were affected by the faulty cybersecurity update Friday that led to worldwide disruptions. That's less than 1% of all Windows-based machines, Microsoft cybersecurity executive David Weston said in a blog post Saturday. He also said such a significant disturbance is rare but "demonstrates the interconnected nature of our broad ecosystem."

Persons: George Kurtz, Kurtz, David Weston Organizations: Changi Airport, Microsoft, Government cybersecurity, Cyber Security Center Locations: Changi, Singapore

☆ Timeline: How the CrowdStrike outage unfolded
▼ + stars: | 2024-07-20 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +10 min

Washington, DC, public transportation services — including trains and buses — begin experiencing delays, according to the Washington Metropolitan Area Transit Authority. At 5:30 a.m., US cybersecurity firm CrowdStrike tells customers that it was “aware of reports of crashes” of its software on Microsoft Windows operating systems, according to a company advisory viewed by CNN. Australian lenders ANZ and Westpac were also impacted, according to Downdetector, a website that tracks cyber outages. Other states also report impacts to their driving services, including Georgia, North Carolina, Texas and Tennessee. CrowdStrike would take steps “to prevent anything like this from happening again,” according to a statement on the company’s website.

Persons: Ted Wheeler, they’re, We’re, Charlotte, Biden, Joe Biden, George Kurtz, ”, Brigham, Dana, Blood, Andrea Cefarelli, Jenny Ficenec, “, Kurtz, CrowdStrike Organizations: New, New York CNN, Federal Aviation Administration, American Airlines, FAA, Allegiant Airlines, Spirit Airlines, Washington Metropolitan Area Transit Authority, Metropolitan Transportation Authority, Microsoft, CNN, CrowdStrike’s, Fortune, White, National Security, Global, Australia’s Commonwealth Bank, Bank of Israel, ANZ, Westpac, ASB Bank . Portland, Emergency, Dispatch, United Airlines, Air Lines, Hartsfield Jackson International, Charlotte Douglas International Airport, ”, Miami International Airport, Customs, Border, Alaska State Troopers, Phoenix Police Department, Computer, Police, Rescue, Federal Communications Commission, US Department of Homeland Security, CrowdStrike, Social, US Department of Justice, UPS, FedEx, Massachusetts Department of Transportation, Vehicle, Mass, Penn Medicine, Northwell, Emory Healthcare, Farber Cancer Institute, Memorial Sloan Kettering Cancer Center, Provincial Health Services Authority, New York Blood Center, Northeast, Centers of America, Assurance Locations: New York, Alaska, Arizona, Delta, United, Washington, DC, New York City, North, Georgia, North Carolina , Texas, Tennessee, Massachusetts, Pennsylvania, Atlanta, Boston, British Columbia, New, Northeast United States, North Carolina, Virginia

“This outage is historic in scale,” Mikko Hypponen, a research specialist at the software company WithSecure and a cybercrime adviser to Europol, told DealBook. It issued a software update that is causing Microsoft systems, including its Azure cloud service, to crash or not function properly. Long queues of airline passengers could be seen at airports around the world, with some resorting to manual check-in. In France, the television networks TF1 and Canal+ told the public on X that they could not go on the air on Friday morning. The incident points to how reliant the global economy is on a handful of major tech companies to run vital infrastructure.

Persons: ” Mikko Hypponen, Europol, DealBook, George Kurtz, CrowdStrike, ” Organizations: Microsoft, United, Delta, Airlines, Air France, KLM, Japan Airlines, TF1, Sky Locations: Europe, Asia, France

☆ How a software update caused one of the world's biggest IT blackouts
▼ + stars: | 2024-07-19 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

On Friday, the cybersecurity firm experienced a major disruption following an issue with a software update. CrowdStrike is a cybersecurity vendor that develops software to help companies detect and block hacks. In the case of Friday's outage, machines running Microsoft's Windows operating system crashed due to a fault in the way a software update issued by CrowdStrike interacted with Windows. We approximate impact started around 19:00 UTC on the 18th of July," Microsoft said in an update at 5:40 a.m. Unless Microsoft and CrowdStrike (if they are involved) pull something miraculous out of the bag, this could be painful to recover from."

Persons: George Kurtz, Patrick T, CrowdStrike, —, Kurtz, Andy Grayland, They'd Organizations: CrowdStrike Inc, Montgomery Summit, Fallon, Bloomberg, Getty, TV, CNBC, Fortune, Windows, Machines, Microsoft, CrowdStrike, Linux Locations: Santa Monica , California, Texas, U.S

☆ How one IT update gone wrong has sparked chaos around the world
▼ + stars: | 2024-07-19 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Read previewIf the world needed a wake-up call on just how fragile its IT systems are, it just got one: a small update gone wrong appears to be the culprit for a total global meltdown. CEO George Kurtz said on X the issue was caused by a "defect found in a single content update for Windows" with a fix now deployed. CrowdStrike is actively working with customers impacted by a defect found in a single content update for Windows hosts. AdvertisementBug checkAccording to Microsoft's Azure status page , it's a particular issue with Crowdstrike's "Falcon agent" that was affecting systems. In other words, the agent meant to detect bugs is getting checked to see if it's a bug itself — and causing problems as a result.

Persons: —, Morgan, George Kurtz, — George Kurtz, Crowdstrike, Dan Coatsworth, AJ Bell, Omer Grossman, Grossman, Brody Nisbet Organizations: Service, Business, Bloomberg, Computers, Woolworths, Microsoft, CrowdStrike, Windows, Linux, Democratic National Committee, Sony Pictures Locations: Japan, Australia, Switzerland, Singapore, Britain, Austin

☆ Why Apple doesn't suffer outages like this
▼ + stars: | 2024-07-19 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Windows devices suffered a global outage, but Mac and Linux remain unaffected, CrowdStrike said. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhile Windows users suffered from a global IT outage, Mac owners weren't affected by the defect responsible. Many businesses have been held up by the "blue screen of death" on their Microsoft devices since early Friday morning, but it's business as usual for Mac users, according to CrowdStrike CEO George Kurtz.

Persons: CrowdStrike, —, George Kurtz Organizations: Linux, Service, Microsoft, Mac, Business

☆ What is Crowdstrike and how is it linked to the global outage?
▼ + stars: | 2024-07-19 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +1 min

CNN —The global computer outage affecting airports, banks and other businesses on Friday appears to stem at least partly from a software update issued by major US cybersecurity firm CrowdStrike, experts told CNN. The issue is specific to Falcon, one of CrowdStrike’s main software products, and is not impacting Mac or Linux operating systems, according to the advisory. CrowdStrike’s cybersecurity software — used by numerous Fortune 500 companies — detects and blocks hacking threats. Like other cybersecurity products, the software requires deep-level access to a computer’s operating system to scan for those threats. CrowdStrike is perhaps best known for investigating the Russian hack of Democratic National Committee computers during the 2016 US election.

Persons: CrowdStrike, “, George Kurtz, Kurtz Organizations: CNN, Microsoft, Fortune, CrowdStrike, Democratic National Committee

☆ Global tech outage hits financial services companies, including Charles Schwab
▼ + stars: | 2024-07-19 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +1 min

Amid a widespread global IT outage, some investors were experiencing disruptions on Friday at financial services companies, including Charles Schwab , one of the country's largest brokerage firms. The issues stem from a faulty software update from cybersecurity company CrowdStrike, which affected businesses worldwide, including airlines, banks and media outlets. CrowdStrike CEO George Kurtz said the company is "actively working with customers impacted by a defect found in a single content update for Windows hosts." A banner across Charles Schwab's website said "certain online functionality may be intermittently slow or unavailable," noting that phone services may be disrupted with "longer than usual hold time." Charles Schwab did not immediately respond to CNBC's request for comment.

Persons: Charles Schwab, George Kurtz, Charles Schwab's Organizations: Windows, Finance, Education Department

☆ CrowdStrike CEO George Kurtz explains the cybersecurity firm's next steps after global outage
▼ + stars: | 2024-07-19 | by ( ) www.cnbc.com time to read: 1 min

CrowdStrike CEO George Kurtz explains the cybersecurity firm's next steps after global outageCrowdStrike CEO George Kurtz speaks with CNBC's Jim Cramer about the latest developments in the global outage, how long the outage is expected to last, the liabilities facing the company going forward, and more.

Persons: George Kurtz, CNBC's Jim Cramer

☆ CrowdStrike CEO on global outage: Goal now is to make sure every customer is back up and running
▼ + stars: | 2024-07-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrowdStrike CEO on global outage: Goal now is to make sure every customer is back up and runningCrowdStrike CEO George Kurtz joins 'Squawk on the Street' to discuss the latest developments in the global outage, how long the outage is expected to last, the liabilities facing the company going forward, and more.

Persons: George Kurtz

☆ Crowdstrike shares plunge in premarket after massive global IT outage
▼ + stars: | 2024-07-19 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Crowdstrike shares dropped as much as 20% in premarket trade on Friday after an IT outage caused chaos. Microsoft shares also fell as issues with the firm's services disrupted airports and emergency services. AdvertisementCrowdstrike's stock price plunged Friday as a massive IT outage caused global chaos. Elsewhere, Microsoft's stock also looked set to drop on Friday, falling by as much as 3% in premarket trade. AdvertisementIn a post on X, CrowdStrike CEO George Kurtz said the company is "actively working with customers impacted by a defect found in a single content update for Windows hosts.

Persons: —, George Kurtz Organizations: Microsoft, Service, London Stock Exchange, Windows, Linux, Business

☆ Why it's taking time for companies to recover from the Crowdstrike IT outage
▼ + stars: | 2024-07-19 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +1 min

Airlines, banks, and supermarkets face disruption due to an IT outage linked to Crowdstrike. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMajor airlines, banks, and supermarkets are experiencing widespread disruptions linked to an IT outage after Microsoft reported problems linked to an update issued by cybersecurity firm Crowdstrike. He told NBC News that Crowdstrike was rebooting its operations but that "it could be some time for some systems — it [won't] just automatically recover." This story is available exclusively to Business Insider subscribers.

Persons: —, George Kurtz, Crowdstrike Organizations: Service, Microsoft, NBC News, Business

☆ Crowdstrike says the global IT outage was not caused by a cyberattack
▼ + stars: | 2024-07-19 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Crowdstrike CEO George Kurtz said a mass outage was not caused by a cyberattack. He said customers were affected "by a defect found in a single content update for Windows." AdvertisementCrowdstrike, the firm linked to the major global IT outage, has ruled out a cyberattack. In a statement on X, CEO George Kurtz said the outage was "not a security incident or cyberattack." He said the company was "actively working with customers impacted by a defect found in a single content update for Windows hosts.

Persons: George Kurtz, Kurtz, — Organizations: Service, Windows, Linux, Business

☆ Hot honey is the sweet and spicy flavor on everyone's lips, from pizza to cocktails. Here's why it's America's newest food obsession.
▼ + stars: | 2024-06-23 | by ( Grace Dean | ) www.businessinsider.com time to read: +6 min

But it's popular to pair with chicken, too: Sweetgreen has a hot honey chicken protein bowl, Cava sells harissa honey chicken, and KFC serves Sriracha honey nuggets. At Starbucks' upmarket Reserve locations, you can get hot honey in an affogato or espresso martini. So Kurtz started experimenting with chili-infused honey in his college apartment, where he created Mike's Hot Honey in 2004. Zalat PizzaUK canned and bottled cocktail company Tom Savano Cocktails has been experimenting with hot honey in the drinks department. Cooking magazines and TikTokers alike have been scrambling to find new ways to incorporate hot honey into dishes.

Persons: —, Lizzy Freier, Sweetgreen, Cava, Grace Dean, Roberta's, Mike Kurtz, Kurtz, Paul Giannone, Paulie Gee's, Matt Wessel, Wessel, Maison Pickle, Emilia Aghamirzai, Maison, Jacob Hadjigeorgis, there's, Khanh Nguyen, Nguyen, Savano, Scotch Bonnet, James Kerslake, Kerslake Organizations: Service, Business, KFC, Starbucks, Bee, The New York Times, Brooklyn, Foods, Milwaukee Pretzel Company Locations: Manhattan, New Orleans, Chicago, Brazil, Brooklyn, Dallas

☆ CrowdStrike rallies to record on cybersecurity company's inclusion in S&P 500
▼ + stars: | 2024-06-10 | by ( Jordan Novet | ) www.cnbc.com time to read: +1 min

CrowdStrike shares jumped as much as 10% on Monday after an announcement that the cybersecurity software vendor was joining the S&P 500, replacing financial firm Comerica . Security ETFs gained on Monday, with the First Trust Nasdaq Cybersecurity ETF climbing 1.3%, and Amplify Cybersecurity ETF — ticker symbol "HACK" — rising 1.2%. CrowdStrike has been profitable in the five most recent quarters, meeting the requirement for inclusion in the S&P 500. With a market cap of over $90 billion, CrowdStrike has more than double the valuation of the median S&P 500 company. WATCH: CrowdStrike CEO George Kurtz goes one-on-one with Jim Cramer

Persons: Dow, CrowdStrike, Robert Half, indexers, George Kurtz, Jim Cramer Organizations: Comerica, Dow Jones Indices, KKR, First Trust Nasdaq Locations: CrowdStrike

☆ Jim Cramer says buy Southwest on activist push — and his thoughts on 2 tech stock downgrades
▼ + stars: | 2024-06-10 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +2 min

Jim Cramer's daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. "Southwest Air is an underperformer for many, many years, but it does have a good balance sheet," Jim Cramer said. "I'm not so sure they're as high as people think," Cramer said. The CNBC Investing Club has long owned Nvidia , the dominant maker of AI chips. And yet if you look at the long term, Palo Alto has been very good," Cramer said.

Persons: Jim Cramer's, Elliott, Jim Cramer, Ben Reitzes, Cramer, you've, Morgan Stanley, Lisa Su's, GoDaddy, George Kurtz Organizations: CNBC, Club, Southwest Airlines, Elliott Management, Melius, Adobe, Devices, Nvidia, Walmart, JPMorgan, Costco, Investing Club, KKR, Palo Alto, Palo Alto Networks Locations: Texas, —, Palo Alto

☆ Charlotte AI can take eight hours of work and turn it into ten minutes, says CrowdStrike CEO
▼ + stars: | 2024-06-05 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCharlotte AI can take eight hours of work and turn it into ten minutes, says CrowdStrike CEOCrowdStrike Co-Founder, President and CEO George Kurtz joins 'Mad Money' host Jim Cramer to talk its recent quarterly report, the state of cybersecurity, and more.

Persons: CrowdStrike, George Kurtz, Jim Cramer Locations: cybersecurity

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