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MarketBeat
MarketBeat
Business
Gabriel Osorio-Mazilli

What to Expect From CrowdStrike's Earnings: Market's Take

This quarter might be the most important earnings season for the United States stock market this year; all of 2024 has been a smooth ride quarter after quarter until this brought some concerns upon the technology sector. Particularly issues surrounding the semiconductor industry and artificial intelligence, where the vertical of cybersecurity gets pulled in by default and association. This is where the share of CrowdStrike Holdings Inc. (NASDAQ: CRWD) might come into play.

After a systems shutdown issue over the past two quarters, CrowdStrike stock sold off suddenly and recovered just as fast when investors and broader markets discovered no material changes to the company’s earning capacity after the incident. However, it is not out of the woods yet, as everything having to do with technology today is against the ropes of one sort of conflict or another.

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