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CrowdStrike slumps 9% on weak earnings outlook, outage costs newsthirst.

CrowdStrike CEO George Kurtz speaks at the Wall Street Journal Tech Live conference in Laguna Beach, California, on Oct. 21, 2019. Martina Albertazzi | Bloomberg | Getty Images CrowdStrike shares dropped 7% after issuing weak earnings guidance as the company signaled ongoing pressure from its global IT outage that rattled businesses in July. The cybersecurity…

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Microsoft stock slumps more than 6% on disappointing revenue outlook newsthirst.

Satya Nadella, CEO of Microsoft, speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Gerry Miller | CNBC Microsoft shares dropped more than 6% after issuing weak current-quarter guidance after the bell Wednesday. The software giant topped Wall Street’s fiscal second-quarter estimates, posting earnings of $3.23 per…

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