Featured Author, Invest 101

Crowdstrike & Microsoft after the global outage – 22 Jul

Posted on
by

Daily insights, the most important stock market news.

 

Top Stock Market News

CrowdStrike CEO apologizes for tech outage, says systems should be recovering -NBC – Reuters
Microsoft says it restored cloud services after they suffered outage – CNBC
AmEx’s quarterly profit beats estimates on robust spending – Reuters
Activist Elliott reportedly has a significant stake in Starbucks, in talks with management – CNBC
UK retail sales fall by more than expected in June, ONS says – Reuters
SunPower stock collapses to nearly $1 as company halts leases, installations and shipments – CNBC
Berkshire sells around $1.48 bln Bank of America shares, filing shows – Reuters
Oil falls $1 a barrel with Gaza ceasefire in sight, easing supply fears – Reuters
Activist Starboard took a stake in Match. Here are steps the investor may take to help lift shares – CNBC

 

 

Trends to Watch

A Global Sanctions Evasion Hotspot: Illicit chip flows to Russia seen slowing, but China, Hong Kong remain transshipment hubs (Reuters)
Gradually Inching Higher: Bitcoin price advance toward $68K sets a bullish path for SOL, ICP, GRT and BONK (Cointelegraph)
Lingering Pain: More than 1,500 US flights canceled for the third day straight as airlines slowly recover from global tech outage (CNN)
Bank Trouble: Half of large U.S. banks are failing on operational risk, secret report finds (Fortune)
Energetic Acquisition: Woodside Doubles Down on U.S., LNG With Tellurian Takeover (Wall Street Journal)

 

Image by StockSnap from Pixabay