I also think the existing overvaluation is likely to play a negative role here given the ongoing downward revisions, as CrowdStrike's slower revenue and EPS growth will no longer support sky-high ...

Delta Air Lines sued CrowdStrike on Friday, claiming the cybersecurity company had cut corners and caused a worldwide technology outage that led to thousands of canceled flight in July.

Delta Air Lines has filed a lawsuit against CrowdStrike, blaming a software update for a global outage in July. The incident led to the cancellation of 7,000 flights and impacted 1.3 million ...

The airline is asking for compensation and punitive damages from the outage which crippled operations, costing $500 million in lost revenue and extra expenses Delta Air Lines sued CrowdStrike on ...

Nicolas Economou / NurPhoto via Getty Images Delta Air Lines is suing CrowdStrike over a software update by the cybersecurity company in July that caused massive disruptions. The outage ...

Shares of CrowdStrike are up sharply over the past year thanks to its strong growth. The company expects its total addressable market to more than double in size over the next few years.

CrowdStrike (NASDAQ: CRWD) has emerged as a global leader in cybersecurity, capturing strong demand for its cloud-based platform while delivering a spectacular return for investors. Since the ...

WASHINGTON – Delta Air Lines on Oct 25 sued cyber-security firm CrowdStrike in a Georgia state court after a global outage in July caused mass flight cancellations, disrupted travel plans of 1.3 ...

Delta claims in its lawsuit that it took a $380 million loss and was forced to pay $170 million in costs resulting from the massive wave of flight cancelations due to the CrowdStrike outage.

Share Delta Airlines has sued CrowdStrike for negligence which led to the global Microsoft outage on 19th July. The $500 million lawsuit seeks to recover losses in revenue of $380 million and ...

Passengers wait in line for assistance at the Delta Terminal, July 19, 2024, at Logan International Airport in Boston. Delta CEO Ed Bastian says the airline is facing $500 million in costs for the ...

Delta, which said it has purchased CrowdStrike products since 2022, said the outage forced it to cancel 7,000 flights, impacting 1.3 million passengers over five days.