Vivek Sharma

CrowdStrike rejected Delta Air Lines claims over litigation threat

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CrowdStrike rejected Delta Air Lines claims over litigation threat

CrowdStrike has publicly responded to Delta Air Lines’ threat of litigation regarding the global IT outage in July caused by a faulty CrowdStrike software update. The cybersecurity firm has rejected Delta’s claims that they are to blame for the airline’s extended flight disruptions and financial losses. In a letter from their external lawyer, CrowdStrike reiterated Read more: CrowdStrike rejected Delta Air Lines claims over litigation threat..

Elon Musk says Fed’s decision is been ‘foolish’ for not cutting interest rates

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Elon Musk says Fed's decision is been 'foolish' for not cutting interest rates

Elon Musk, the CEO of Tesla and SpaceX, has criticized the Federal Reserve for not cutting interest rates sooner. He believes that the Fed’s decision to keep rates high despite recent weak economic data is “foolish” and could potentially harm the economy.   Musk’s comments came in response to a post on X (formerly Twitter) highlighting Read more: Elon Musk says Fed’s decision is been ‘foolish’ for not cutting interest rates..

Global Market hits Sell-off; Market in panic mode but might opportunities for long-term investors

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Global Market hits Sell-off; Market in panic mode but might opportunities

The global stock market experienced a significant sell-off on August 5, 2024, sending shockwaves through financial markets worldwide. Major indices across Asia, Europe, and the US plunged into the red, as investors reacted to a confluence of negative factors. Key Drivers of the Sell-off: Weak US Jobs Data: Disappointing US jobs data fueled concerns about Read more: Global Market hits Sell-off; Market in panic mode but might opportunities for long-term investors..