CrowdStrike Holdings Inc. (CRWD) exceeded revenue and earnings per share estimates in the second quarter, impressing analysts despite the recent Microsoft outage. While the outage did impact the company’s performance, the impact was less severe than initially anticipated. Analysts remain optimistic about CrowdStrike’s future, citing strong customer engagement, a path to recovery, and attractive valuation.
Results for: Microsoft Outage
A social media prankster claiming to be a CrowdStrike employee took credit for a major Microsoft outage, going viral on X (formerly Twitter). The prankster, Vincent Flibustier, admitted to fabricating the entire story, highlighting the dangers of misinformation in the age of generative AI.
A global Microsoft outage on Friday caused widespread disruption, impacting airlines, stock markets, and other services. However, Indian stock exchanges remained unaffected, and flight operations have since resumed, according to the Civil Aviation Minister. The outage was linked to a CrowdStrike agent update causing system crashes.
IndiGo Airlines is processing refunds for passengers affected by a global system outage caused by a Microsoft issue. The airline’s booking system was impacted, leading to flight cancellations and delays. While operations are gradually returning to normal, passengers may still face disruptions.
A global Microsoft outage on July 20th caused widespread disruption to flight operations across India, with numerous delays, reschedulings, and cancellations. The issue stemmed from an antivirus program update affecting Microsoft’s Azure cloud platform, impacting airlines’ check-in systems and causing significant inconvenience for passengers. Airports resorted to manual boarding passes, highlighting the reliance on digital systems and the impact of such outages.
On Friday, July 19, a wave of technical malfunctions disrupted operations at airlines, banks, and the London Stock Exchange, spanning from the United States to Asia. The widespread disruptions followed an outage reported by Microsoft Corp., affecting its online services. The outage caused a stir online, leading to netizens’ reaction.