CrowdStrike Holdings (CRWD) closed at $301.32 in the latest trading session, marking a +0.23% move from the prior day. The stock trailed the S&P 500, which registered a daily gain of 0.27%. Meanwhile, the Dow gained 0.65%, and the Nasdaq, a tech-heavy index, added 0.26%. Prior to today's trading, shares of the cloud-based security company had gained 5.16% over the past month. This has outpaced the Computer and Technology sector's gain of 2.21% and the S&P 500's gain of 2% in that time. The upcoming earnings ...

Key Takeaways CrowdStrike shares could be in the spotlight after Delta filed a lawsuit against the cybersecurity provider following a faulty software update in July that caused mass flight cancellations. The stock has recently broken down below the lower trendline of a rising wedge pattern, potentially setting the stage for a continuation of the downtrend that started in early July. Investors should monitor important lower price levels on CrowdStrike's chart around $285, $262, $244, and $172. CrowdStrike (C ...

Cybersecurity spending should be robust next year. While artificial intelligence (AI) may be getting most of the hype in the world of technology, cybersecurity spending remains a priority among organizations as there is no slowdown in cybersecurity attacks. In fact, the threat from AI is expected to help power cybersecurity spending as well. Both Gartner and IDC see cybersecurity budgets increasing by double digits next year. Let's look at three stocks that should benefit from increased cybersecurity spendi ...

Delta Air Lines has made good on its promise to sue cybersecurity firm CrowdStrike. The lawsuit, as reported Friday (Oct. 25) evening by The Wall Street Journal (WSJ), stems from a worldwide technology outage in July that grounded 7,000 Delta flights, while causing upheaval at other airlines, banks and hospitals. According to the report, the suit accuses CrowdStrike of gross negligence, alleging that the company is to blame for the outage and its fallout. Delta called the outage "catastrophic," pointing to ...

Delta Air Lines on Friday sued CrowdStrike in a Georgia state court after a global outage in July caused mass flight cancellations, disrupted travel plans of 1.3 million customers and cost the carrier more than $500 million. Delta's lawsuit filed in Fulton County Superior Court called the faulty software update from CrowdStrike "catastrophic" and said the firm "forced untested and faulty updates to its customers, causing more than 8.5 million Microsoft Windows-based computers around the world to crash." The ...

Delta Air Lines planes are seen at John F. Kennedy International Airport on the July 4th weekend in Queens, New York City, U.S., July 2, 2022. Delta Air Lines on Friday filed a lawsuit against CrowdStrike in Georgia, accusing the security software vendor of breach of contract and negligence after an outage in July that brought down millions of computers and prompted 7,000 flight cancelations. Other airlines recovered more quickly than Atlanta-based Delta, which said the incident reduced revenue by $380 mill ...

Following the July 19 incident, which stirred negative sentiment and cast doubts on CrowdStrike (NASDAQ: CRWD ), the stock has rebounded impressively by 24% since our latest coverage , defying the market's skepticism. Our thesis remains firmly bullish, grounded in Yiannis Zourmpanos, founder of Yiazou IQ, an AI-driven stock research platform providing all-in-one stock reports. Experience: Previously worked at Deloitte and KPMG in external/internal auditing and consulting. Education: Chartered Certified Acco ...

Now that the big 4 U.S. airlines have all reported their earnings for the third quarter of 2024, it is worth evaluating how wellAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is ...

CrowdStrike, Meta Platforms, and dLocal look like winning investments for 2025.As we approach the end of 2024, there are plenty of companies worth buying right now. It would be wise to pick some of them up before the bigger fund managers do to position themselves for 2025.I've got three solid stocks to pick up before 2025 rolls around. Each has immense upside if it dominates its respective markets.CrowdStrikeCrowdStrike (CRWD -2.98%) was the best cybersecurity stock on the market prior to its July 19 incide ...

When it comes to gaining exposure to a stock’s price move in the future, most investors think of only buying the stock to enjoy the ride. However, there are more ways than one. Through derivative instruments, like options, investors can gain access to leverage while limiting their losses to amplify potential gains if they land on the right side of a stock’s price swing.CrowdStrike TodayCRWDCrowdStrike$299.30 -9.21 (-2.99%) 52-Week Range$170.17▼$398.33P/E Ratio433.77Price Target$328.74Add to WatchlistHowever ...