Highlights
Early Friday morning CrowdStrike deployed a content update to its Falcon Sensor agents, which triggered a system-level error that prevented Windows operating systems from booting properly. This resulted in a "Blue Screen of Death" or BSOD error on many Windows systems across various sectors, including banking, healthcare, government, and critical infrastructure. There is no indication of a hack; somebody simply made a mistake.
In premarket trading Friday morning, shares of CrowdStrike Holdings Inc. were down about 12.9% by 8:30 a.m. ET, after an earlier decline of about 22% around 5 a.m. ET.
On the close Friday, CrowdStrike stock was down $38.09 per share. The company value declined $9.3 billion on Friday. Some airlines will not be back to their normal schedule until at least Tuesday.
Some officials think it is only a matter of time before Joe Biden takes himself out of the presidential race. Reports are he is taking calls to heart from people within his party to quit because of concerns about his cognitive ability, his age, and his health. Fundraisers are on hold and July donations have plummeted. Money talks. Some think Biden will make a withdrawal announcement Monday or Tuesday. Biden said early last week if his health prevented him from fulfilling his duties, he would drop out of the nomination slot. Two days later, it was reported Biden had COVID.