(Telestock) – Negative session on Wall Streetafter aglobal technological disruption related to the problems of the cybersecurity company CrowdStrike And Microsoft has influenced operations in sectors including airports, airlines, media and banking.
Crowdstrike’s CEO said the issue had been identified and “a fix has been implemented,” while Microsoft said the underlying cause of the outage in 365 apps and services had been resolved, but theresidual impact of disruptions of cybersecurity continues to affect some customers. Although the causes of the problems have been identified and solutions implemented, the inconvenience could continue, especially in the airline industry where airports and companies have accumulated delays and cancellations that they must clear.
As regards the quarterlylast night Netflix said it added more than 8 million subscribers in the second quarter (above analysts’ forecast of 5 million), helped by a crackdown on password sharing and the launch of popular titles like Bridgerton and Baby Reindeer. However, the company provided cautious guidance for the third quarter, saying its advertising business won’t become a primary driver of revenue growth until at least 2026.
Among others results, American Express reported disappointing revenue growth even as it beat estimates for second-quarter earnings, SLB exceeded second-quarter earnings expectations, benefiting from steady demand in international markets.
On the political front, NBC reported that President Joe Biden’s family members have discussed what an exit from his campaign might look like. The general tone of the conversations was that any exit plan — should Biden decide to take that step, as some of his closest allies increasingly believe he will — would have to put the party in the best position to defeat former President Donald Trump and be worthy of Biden’s more than five decades of service, people familiar with the discussions said.
Looking at the main indexesThe Dow Jones is leaving 0.95% on the floor; along the same lines, it is giving in to salesS&P-500which falls back to 5,510 points. Negative the Nasdaq 100 (-0.89%); on the same trend, slightly decreasing theS&P 100 (-0.69%).
Positive result in the S&P 500 basket for the sector health. In the price list, the sectors informatics (-1.14%), secondary consumer goods (-1.03%) and materials (-0.93%) are among the best sellers.
At the top of the rankings of American giants components of the Dow Jones, Merck (+1.51%), United Health (+0.91%) and Procter & Gamble (+0.51%).
The strongest drops, however, occur on Travelers Companywhich continues the session with -7.07%. Letter on Intelwhich recorded a significant drop of 5.22%. Under pressure American Expresswhich shows a decline of 3.56%. It slips Caterpillarwith a clear disadvantage of 2.08%.
To the top between Wall Street tech giantsthey position themselves Intuitive Surgical (+8.15%), DoorDash (+4.03%), Palo Alto Networks (+1.86%) and O’Reilly Automotive (+1.26%).
The strongest sales, however, are seen on CrowdStrikeHoldingswhich continues trading at -11.38%. It falls Intelwith a decline of 5.22%. It collapses Tesla Motorswith a decline of 4.34%. Sales were in full swing on ON Semiconductorwhich suffers a decrease of 4.12%.