Delta Air Lines CEO says CrowdStrike outage to cost carrier $500 million, CNBC reports
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JMP Securities on CrowdStrike Holdings (CRWD): 'Investors Should Buy CRWD Here'
August 1, 2024 6:57 AM EDTJMP Securities analyst Trevor Walsh reiterated a Market Outperform rating and $400.00 price target on CrowdStrike Holdings (NASDAQ: CRWD)
The analyst comments "Ahead of C2Q24 earnings, we discuss our thoughts on the CrowdStrike global IT outage (and our view on the opportunity this has created), Googles failed bid for Wiz, and Gartners new Single-Vendor SASE Magic Quadrant. We also share our mix of recent data points for the sector, including a total of 40 specific to the topic of the CrowdStrike IT outage. The median cybersecurity company in our coverage universe... More
IT outage to cost Delta $500 million, CEO tells CNBC
July 31, 2024 7:58 AM EDTDelta Air Lines (NYSE: DAL) CEO Ed Bastian said Wednesday that the extensive IT outage earlier this month, which left thousands of customers stranded, will cost the airline $500 million.
The outage, triggered by a failed software update from CrowdStrike (NASDAQ: CRWD), led to the cancellation of over 4,000 flights and disrupted thousands of Microsoft (NASDAQ: MSFT)... More
