CrowdStrike screwed up on a massive level. Their IT Project Management Team dropped the ball in a disastrous manner. The only way this happens is that the appropriate levels of testing were not completed on a live test system from end to end prior to implementation. What a disaster. Now CrowdStrike has a major financial problem and a major credibility problem. They can most assuredly expect that they will be facing lawsuits demanding tens of millions of dollars in compensation and damages for this mess from customers around the world. Question is, are their pockets deep enough to cover this, or are they now facing insolvency as a result? Either way, expect a pile of customers are also going to be looking at alternative platforms, so a safe bet that they are going to be losing a pile of customers as well. No matter how you slice this, there are a pile of senior staff at CrowdStrike who can expect a pink slip in the coming days for absolute and total incompetence!!!!!
The EV sector delivering the Double -digit Gains another Summer. Idex.. Ideanomics..Lion Electric...Xos Trucks..Surf Air Mobility... FSRNQ.. Fisker..Evgo and more.
i would wait till many lawsuits coming in and claiming billions of loss... but can buy its competitors maybe. the event does show the impact of crowdstrike and its competitors and their influence on market. to comment on crowdstrike is a market leader in this and that, also market leader in disaster event
Systems running Linux or macOS do not use Channel File 291 and were not impacted by Crowdstrike issue. Had they been using this file they would have been impacted. Why are MSFT not pushing this reality.
It’s because Crowdstrike’s error took Microsoft down and 80% of the planet runs on Microsoft’s OS lol so it’s not necessarily that Crowdstrike took the world down it’s that a company like Microsoft is so vast that a large cybersecurity provider of theirs like Crowdstrike’s error can have global implications
If you think this incident is business as usual, then you dont understand datacenter. This incident is the biggest ever in this industry. It is completely avoidable through proper deployment process. Software bugs are business as usual but proper disaster recovery procedure must be in place. Crowdstrike simply does not have the maturity process to qualify to serve mission critical datacenters.
@@jameswang1791 Yeah yeah shorter. Come back in a year and cry to me over your loss. BTW: You failed to answer my question. Where are customers going to go? Which competitor is going to promise the same thing won't happen? Waiting.....
Not a buy. You'll only make 100 bucks on 300. Time to buy has long since passed. Best to invest in AI as this has low risk, with regards to outrages and high utility
that literally shows you how big crwdstrike is, mistakes happen, get over it....wahhh cant live without 5 mins of my internet..... this just honestly shows the importance of crwdstrike,, and the size, and how fast they fixed the problem. stop all the other non sense....
This dude is holding bags.
Un install software up date
You do not know how many lawsuits are coming and how many will be fired. So, DON'T BUY it for me. There are other opportunities.
Must be nice I can’t even buy cause of the outage.
Un install software up date
😂😂😂😂
The positive news of today: it appears that nearly the entire world depends on CrowdStrike. Long term, very bullish
Dont you think thousands of Crowdstrike customers would demand damage compensation from Crowdstrike? That could add up to hundred of millions.
CrowdStrike screwed up on a massive level. Their IT Project Management Team dropped the ball in a disastrous manner. The only way this happens is that the appropriate levels of testing were not completed on a live test system from end to end prior to implementation. What a disaster. Now CrowdStrike has a major financial problem and a major credibility problem. They can most assuredly expect that they will be facing lawsuits demanding tens of millions of dollars in compensation and damages for this mess from customers around the world. Question is, are their pockets deep enough to cover this, or are they now facing insolvency as a result? Either way, expect a pile of customers are also going to be looking at alternative platforms, so a safe bet that they are going to be losing a pile of customers as well. No matter how you slice this, there are a pile of senior staff at CrowdStrike who can expect a pink slip in the coming days for absolute and total incompetence!!!!!
Lawsuits...and then what happens??
Chill, they have insurance for liability cases. The insurance company for crowd strike, that’s a different story.
Plz sync your captions. They are always behind. Use youtube captions instead
Who shorted and made Ton?
Thanks for triggering PTSD on Friday. 🤦🏽♀️
Still too expensive to be buying, it’ll go down some more for the next 3 months. This is good news for their competitors.
The EV sector delivering the Double -digit Gains another Summer. Idex.. Ideanomics..Lion Electric...Xos Trucks..Surf Air Mobility... FSRNQ.. Fisker..Evgo and more.
This is reckless advice. This company was already overvalued, and they face competent competition. Their reputation is significantly damaged.
i would wait till many lawsuits coming in and claiming billions of loss... but can buy its competitors maybe. the event does show the impact of crowdstrike and its competitors and their influence on market. to comment on crowdstrike is a market leader in this and that, also market leader in disaster event
Systems running Linux or macOS do not use Channel File 291 and were not impacted by Crowdstrike issue. Had they been using this file they would have been impacted. Why are MSFT not pushing this reality.
@@kumaranmani yes
Cant even trade today thanks to them
Ask Github, what the hell do I know, you so far away
how could crowdstrike take down the worldwide When we have so many redundancy and business continuity plan in placed??
It’s because Crowdstrike’s error took Microsoft down and 80% of the planet runs on Microsoft’s OS lol so it’s not necessarily that Crowdstrike took the world down it’s that a company like Microsoft is so vast that a large cybersecurity provider of theirs like Crowdstrike’s error can have global implications
Appreciate the transparency? He had no choice. 🙂
Jeezus, Bill. #gamblersanonymous
“It wasn’t a nefarious act, it wasn’t a cyberattack”
Oh really? You better have proof before saying that to investors! (Lawsuits incoming)
New sales will certainly look for alternatives.
And which competitor is going to be able to promise that the same thing won't happen? I'll wait
If you think this incident is business as usual, then you dont understand datacenter. This incident is the biggest ever in this industry. It is completely avoidable through proper deployment process. Software bugs are business as usual but proper disaster recovery procedure must be in place. Crowdstrike simply does not have the maturity process to qualify to serve mission critical datacenters.
@@jameswang1791 Yeah yeah shorter. Come back in a year and cry to me over your loss. BTW: You failed to answer my question. Where are customers going to go? Which competitor is going to promise the same thing won't happen? Waiting.....
@@darrenprior6339 This did not happen in the last 40 years. So any vendor would only do better.
Goofy, if anything this makes CS a huge target for future attacks, very incompetent company
This is just blatant stupidity. Buy the dip in a bubble and try to keep pumping it
lol - bleeding but smiliing through it!!
More spending on microsoft
550x P/E....LMAO
How can people trust to put money in this dude's fund? Aren't they too stupid?
Not a buy. You'll only make 100 bucks on 300. Time to buy has long since passed. Best to invest in AI as this has low risk, with regards to outrages and high utility
Jenny the investment analyst and a bunch of spoiled naive kids
Un install software up date
that literally shows you how big crwdstrike is, mistakes happen, get over it....wahhh cant live without 5 mins of my internet..... this just honestly shows the importance of crwdstrike,, and the size, and how fast they fixed the problem. stop all the other non sense....