World
These stocks reporting next week have strong earnings momentum
Some of the companies reporting quarterly results next week are more likely to see their stocks get a post-earnings bump. The second-quarter earnings season is due to ramp up in the week ahead, with 124 companies in the S & P 500 — or nearly one-quarter of the benchmark’s constituents — on the slate to […]
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How a software update caused one of the world’s biggest IT blackouts
George Kurtz, co-founder and CEO of CrowdStrike Inc., speaks during the Montgomery Summit in Santa Monica, California. Patrick T. Fallon | Bloomberg | Getty Images A fault with an update issued by cybersecurity company CrowdStrike led to a cascade effect among global IT systems Friday, with industries ranging from banking to airlines facing outages. Banks […]
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Flights grounded and passengers warned of delays amid global IT outage
Crowds are seen building up at Suvarnabhumi Airport as a global IT disruption caused by a Microsoft outage and a Crowdstrike IT problem combine to affect users on July 19, 2024 in Bangkok, Thailand. Mailee Osten-tan | Getty Images News | Getty Images Several airlines halted flights on Friday, while others warned of delays and […]
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Microsoft, CrowdStrike shares fall in premarket trading after major outage hits businesses worldwide
CrowdStrike makes software to help firms manage their security in IT environments. Sopa Images | Lightrocket | Getty Images Cybersecurity firm CrowdStrike saw its shares plunge Friday, after an update led to a major outage, impacting businesses across the world. Shares of the company, which makes software to help firms manage their security in IT […]
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Global IT outage grounds planes and sends broadcasters off air: Live updates
London Stock Exchange says investigating technical issues London doesn’t yet have the kind of megacap technology names that dominate the U.S. market. Bloomberg | Getty Images London Stock Exchange Group on Friday said it is investigating technical issues after it was hit by a global IT outage affecting its pricing data and news communications. In […]
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CNBC Daily Open: Dow drops, Netflix beats estimates, Nvidia rebounds
Traders work on the floor of the New York Stock Exchange during morning trading on Jan. 31, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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Cybersecurity giant Crowdstrike suffers major outage affecting businesses around the world
In this photo illustration, CrowdStrike logo of a U.S. cybersecurity technology company is seen on a smartphone and a pc screen. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Cybersecurity firm Crowdstrike suffered a major outage on Friday, the company told NBC, impacting businesses globally. The outage resulted from an issue with the […]
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This is the right age to give your child a smartphone, according to an NYU mental health researcher
A medium close-up front view of a teenage girl who is sending text messages to a friend and checking her social media as she waits in the corridor of the high school she attends. Solstock | E+ | Getty Images Parents around the world are debating when to give their children smartphones, as evidence grows […]
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Ukraine risks North and South Korea-like division, says former Singapore diplomat
This photograph taken on June 16, 2024, shows “dragon’s teeth” fortifications installed by Ukrainian army in the Donetsk region, amid the Russian invasion of Ukraine. Roman Pilipey | Afp | Getty Images Russia’s war on Ukraine could end with the latter being divided into two — like North and South Korea, according to Singapore’s former […]
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Britain’s Labour faces an uphill battle as it looks to rein in AI’s key players
An Internet user checks ChatGPT on his mobile phone, Suqian, Jiangsu province, China, April 26, 2023. Future Publishing | Future Publishing | Getty Images LONDON — Britain is set to introduce its first-ever law for artificial intelligence — but Prime Minister Keir Starmer’s new Labour government faces a delicate balancing act of forming rules that […]
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