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  • Aug 02, 2024

CrowdStrike Stock (NASDAQ:CRWD): Recent Outage Won’t Derail Long-Term Growth

The cybersecurity industry is becoming increasingly dangerous, with cyber threats growing in both frequency and sophistication. Recent stats show a 30% surge in global cyber attacks in Q2 2024 compared to last year, with organizations facing an average of 1,636 attacks weekly. This makes it essential to examine the resilience and potential of top cybersecurity companies like CrowdStrike (CRWD). Despite a recent outage that disrupted services for major clients, including airlines, banks, and hosp

  • Aug 02, 2024

Treasuries Surge as Wall Street Pressures the Fed to Ease Policy

(Bloomberg) -- A rally in the Treasury market accelerated on Friday as softening US employment data fueled speculation the Federal Reserve will start aggressively cutting interest rates to keep the economy from stalling. Most Read from BloombergSinger Akon’s Multibillion-Dollar Futuristic City in Africa Gets Final NoticeValencia Follows Barcelona in Crackdown on Short-Term RentalsWhat a Beautiful Bus Stop Can DoA Vast Wetland Park Seeks to Slake a Thirsty MegacityUber and Lyft Strike NYC Deal to

  • Aug 02, 2024

Factbox-Wall Street sees bigger 2024 Fed easing after soft jobs report

A surprisingly weak U.S. employment report for June has turned Wall Street confidence on a soft landing into near panic that a recession is looming, prompting major firms to change forecasts for Federal Reserve easing this year to more aggressive interest rate cutting. Employers added just 114,000 jobs in July, the U.S. Labor Department reportedon Friday, and the unemployment rate rose to 4.3%, from 4.1% in June, marking an unexpected deterioration in a labor market that had held up surprisingly well during the Federal Reserve's aggressive rate-hike campaign in 2022 and 2023.

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