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Stocks Tumble as the Rout in Chipmakers Deepens
Barchart19d agobearish
Stocks Tumble as the Rout in Chipmakers Deepens

The S&P 500 Index ($SPX ) (SPY ) today is down -1.06%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.23%. September E-mini S&P futures (ESU26 ) are down -0.95%, and September E-mini Nasdaq futures...

Palantir Is Down 7% Today: Is It Underperforming Software Peers Like Palo Alto and CrowdStrike?
24/7 Wall St.43d agobearish
Palantir Is Down 7% Today: Is It Underperforming Software Peers Like Palo Alto and CrowdStrike?

Palantir Technologies (NASDAQ:PLTR) stock is the standout laggard in enterprise software at midday Monday, sliding 7% to around $120. The move tracks with Fuse data showing PLTR shares down 6% on the session, while the broader high-multiple software cohort barely budges. Compare that to the day’s scoreboard for the named peers. Palo Alto Networks (NASDAQ:PANW) ... Palantir Is Down 7% Today: Is It Underperforming Software Peers Like Palo Alto and CrowdStrike?

US closes probe into 2024 Delta Air Lines meltdown sparked by CrowdStrike outage
Reuters50d agobearish
US closes probe into 2024 Delta Air Lines meltdown sparked by CrowdStrike outage

June 15 () - The Trump administration said on ‌Monday it had ‌closed an investigation, without seeking ​any penalties, into a July 2024 meltdown at Delta Air Lines ‌sparked by ⁠a global outage from CrowdStrike that ⁠disrupted the travel plans of 1. The Biden ​administration ​opened a ‌probe into the incident after other major carriers were able to resume normal operations much ‌faster.

CrowdStrike Holdings, Inc. (CRWD) Dropped Because Of Panic & Fear, Says Jim Cramer
Insider Monkey53d agobearish
CrowdStrike Holdings, Inc. (CRWD) Dropped Because Of Panic & Fear, Says Jim Cramer

We recently published Jim Cramer Didn’t Hold Back On SpaceX’s IPO & Discussed These 12 Stocks. CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is one of the stocks discussed by Jim Cramer. Cybersecurity company CrowdStrike Holdings, Inc. (NASDAQ:CRWD)’s shares are up by 40% over the past year and by 44% year-to-date. Morgan Stanley discussed the firm on June […]

Cramer drops rare message on 2 surging AI stocks and SpaceX
TheStreet58d agobearish
Cramer drops rare message on 2 surging AI stocks and SpaceX

You know that feeling when a friend aces every exam, lands a dream job offer, and somehow still can't catch a break? That's the market handing CrowdStrike Holdings (CRWD) and Broadcom Inc. (AVGO) their report cards right now. Both companies just delivered earnings that would make most CEOs weep ...

Why CrowdStrike (CRWD) Stock Is Falling Today
StockStory60d agobearish
Why CrowdStrike (CRWD) Stock Is Falling Today

Shares of cybersecurity platform provider CrowdStrike (NASDAQ:CRWD) fell 4.2% in the afternoon session after a stronger-than-expected jobs report signaled that the Federal Reserve may keep interest rates higher for longer.

Micron Drops 7% as Broadcom’s Disappointing AI Outlook Triggers a Semiconductor Selloff
24/7 Wall St.62d agobearish
Micron Drops 7% as Broadcom’s Disappointing AI Outlook Triggers a Semiconductor Selloff

Shares of Micron Technology (NASDAQ:MU) are down by about 7% to $1,004 in mid-morning trading on Thursday, June 4, after Broadcom (NASDAQ:AVGO) delivered an AI chip outlook that markets viewed as underwhelming. Broadcom shares are down 14% to $411 and change. The drop comes despite no Micron-specific news. It’s evidently a sympathy move tied to ... Micron Drops 7% as Broadcom’s Disappointing AI Outlook Triggers a Semiconductor Selloff

CrowdStrike Sinks 9% as Earnings Beat Falls Short of Lofty Expectations, Weighing on Palo Alto Networks
24/7 Wall St.62d agobearish
CrowdStrike Sinks 9% as Earnings Beat Falls Short of Lofty Expectations, Weighing on Palo Alto Networks

Shares of CrowdStrike (NASDAQ:CRWD) are down 8% in early Thursday trading, changing hands near $679 after Wednesday’s close of $747.61. The move marks the cybersecurity leader’s worst single-day drop in about 22 months, despite a fiscal Q1 2027 earnings beat and a raised outlook. Cybersecurity peer Palo Alto Networks (NASDAQ:PANW) is dipping modestly in sympathy, ... CrowdStrike Sinks 9% as Earnings Beat Falls Short of Lofty Expectations, Weighing on Palo Alto Networks

CrowdStrike drops as revenue growth fails to impress investors despite AI push
Reuters62d agobearish
CrowdStrike drops as revenue growth fails to impress investors despite AI push

CrowdStrike shares slid 11% in Thursday's premarket trading after the cybersecurity firm's annual recurring revenue (ARR) growth failed ‌to impress investors expecting a boost from AI investments. The stock ‌had rallied 60% in May. CrowdStrike's ARR grew 22% year-over-year to $4.44 billion, of which $193.8 million ​of net new ARR was added in the first quarter.