Global tech outages linked to CrowdStrike (CRWD) have afflicted various industries, from banking to airline operators, this morning. CrowdStrike CEO Geroge Kurtz attributes the major issue to a defect in an update for Microsoft Windows (MSFT).
Streaming giant Netflix (NFLX) topped its earnings estimates for the second quarter, posting adjusted earnings per share of $4.88 and revenue of $9.56 billion. While third quarter revenue outlook was just shy of Wall Street expectations, Netflix boasted gains of 8 million streaming subscribers.
Former President Trump formally accepted the Republican nomination at last night's Republican National Convention (RNC), stating he will "end the devastating inflation crisis" in a speech.
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This post was written by Luke Carberry Mogan.