Delta Airlines cancelled over 700 flights on Monday due to the Crowdstrike software update, making up more than half of the flight cancellations in the U.S. (Photo by Jessica McGowan/Getty Images ...

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.

CrowdStrike faces increased customer churn, elevated costs and potential legal liabilities as a result of the July IT incident. As a result, CrowdStrike's growth and margins will come under ...

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.

Delta Air Lines on Friday sued CrowdStrike in a Georgia state court after a global outage in July caused mass flight cancellations, disrupted travel plans of 1.3 million customers and cost the ...

Despite the outage, it appears CrowdStrike has largely retained its customers. CrowdStrike stock still trades at a higher valuation than its cybersecurity peers. Still, to the company's credit ...

Delta Air Lines filed a lawsuit Friday against cybersecurity software company CrowdStrike, pointing to the global tech outage in July that caused flight disruptions and significant profit loss for ...

CrowdStrike rebounded 24% since July 19, driven by strong demand for its AI-powered cybersecurity solutions. CRWD’s TAM is projected to grow from $100 billion in 2024 to $225 billion by 2028 ...

Delta Air Lines DAL1.03%increase; green up pointing triangle sued CrowdStrike CRWD-0.23%decrease; red down pointing triangle over the July global technology outage that grounded thousands of ...

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WASHINGTON — Delta Air Lines sued cybersecurity firm CrowdStrike in a Georgia state court Friday after a global outage in July caused mass flight cancellations, disrupted travel plans of 1.3 ...