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Intel’s Weak Earnings Put Futures on Ice After a Choppy Week

U.S. stock futures lost momentum Friday morning as Wall Street tried to steady itself after several days of sharp swings. Dow futures slipped, while S&P 500 and Nasdaq futures hovered slightly lower, signaling a cautious start to the trading day. The hesitation came largely from Intel’s disappointing earnings report. The chipmaker’s results and weaker outlook weighed heavily on tech sentiment, sending its shares sharply lower in pre‑market trading. Investors had hoped for stronger numbers given the industry’s AI‑driven momentum, but Intel’s update suggested ongoing challenges in key segments like data‑center chips. The broader market has been wrestling with volatility all week, driven by shifting economic expectations and uneven corporate results. With the S&P 500 on track for another weekly decline, traders appear reluctant to make big moves until they see clearer signs of stability.

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Global IT Meltdown: Faulty CrowdStrike Update Causes Widespread Chaos

 

In an unprecedented turn of events, a faulty update from cybersecurity giant CrowdStrike has triggered a global IT meltdown, causing millions of Windows computers to crash with the infamous “Blue Screen of Death” (BSOD). The update, intended to enhance the security of CrowdStrike’s flagship product, Falcon Sensor, instead resulted in a critical failure that left businesses, airports, banks, and healthcare systems in disarray.

The issue began late Thursday and quickly spread as regions around the world started their day. The BSOD, a bright blue error screen indicating a critical system failure, appeared on millions of devices, rendering them unusable. CrowdStrike confirmed that the problem was due to a “logic error” in the update, which caused the operating system to crash.

The impact was immediate and widespread. Airports experienced significant delays, supermarket checkouts malfunctioned, and businesses struggled to maintain operations. CrowdStrike CEO George Kurtz issued an apology and assured that a fix had been deployed, but recovery is expected to take time due to the complexity of the issue.

Microsoft, whose Azure cloud services were also affected, is working closely with CrowdStrike to provide technical guidance and support to affected customers. As systems slowly come back online, the incident serves as a stark reminder of the vulnerabilities inherent in our increasingly digital world.


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