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Security

FDX

FedEx is working to mitigate potential service disruptions caused by a global IT outage.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 7:46 pm

FDX

FedEx's global network is back in operation after an IT outage, which had caused disruptions. The company has resolved the issue and resumed normal operations.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 7:45 pm

ENB

Enbridge experienced some impacts to business applications due to a CrowdStrike update. However, all energy infrastructure is stable and operating normally, with no assets at risk. Most applications have been restored, and no further impacts are expected.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 7:38 pm

CRWD

SPY

President Biden will continue to receive updates on the CrowdStrike global tech outage, which is understood to be caused by a faulty technical update rather than a cyber attack, according to a senior administration official cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 7:38 pm

CRWD

MSFT

CrowdStrike Holdings, Inc. (CRWD) experienced a major outage after an antivirus software update, affecting various sectors including emergency services. The National Highway Traffic Safety Administration (NHTSA) advises against testing 911 services. Microsoft Corp (MSFT) was also impacted due to its widespread use in affected systems.

Portfolio Pulse from Michael Juliano

July 19, 2024 | 7:38 pm

AAL

BTCUSD

CRWD

DAL

UAL

A faulty software update from CrowdStrike has caused a global IT outage, affecting various sectors including aviation, banking, and healthcare. Major U.S. airlines faced groundings, and financial markets experienced disruptions. Despite the turmoil, Bitcoin remains resilient, trading above $65,800. CrowdStrike is working on a fix.

Portfolio Pulse from Murtuza Merchant

July 19, 2024 | 6:16 pm

AMGN

Amgen is currently assessing the impact of a global IT outage and is working to recover the affected systems as quickly as possible.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 6:02 pm

CRWD

TSLA

Tesla shares are trading lower following a 24% drop in California registrations. Additionally, Tesla halted some production lines due to the Microsoft-CrowdStrike outage, and Elon Musk announced the company has deleted CrowdStrike from all of its systems.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 5:57 pm

CRWD

MSFT

Rep. Nancy Mace has requested briefings from CrowdStrike, Microsoft, and CISACyber to determine the impact of a cybersecurity issue, particularly across the federal government. The Cybersecurity and Tech Subcommittee on Oversight is involved.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 5:21 pm

CRWD

CrowdStrike Holdings, Inc. (NASDAQ:CRWD) experienced a significant stock drop due to a cybersecurity platform issue causing worldwide IT outages. Despite the decline, the stock shows technical support at previous low levels, indicating potential buy interest from remorseful sellers.

Portfolio Pulse from Mark Putrino

July 19, 2024 | 4:37 pm