4 ms·
Crowdstrike's stock closed at $343 yesterday, I imagine that and MSFT are going to be cratering later this morning.
by anigbrowl 2y ago
Crowdstrike's stock closed at $343 yesterday, I imagine that and MSFT are going to be cratering later this morning.
- dist-epoch 2y agoMSFT will be fine. They are riding the AI waves, this is not meaningful, especially since they are not at fault.
- Cthulhu_ 2y agoIt may not be their fault directly but it is causing Windows systems to bluescreen, which IS their fault and their responsibility, ultimately.
- hulitu 2y agoWindows blue screen was never Microsoft's responsibility. /s
- echoangle 2y agoHow is it their fault and responsibility? Isn’t falcon sensor basically running like a kernel module? Does it mean that Windows is not engineered properly when it can be crashed by this?
- wwtrv 2y agoAre you saying that they should prevent or limit the ability of their users from installing third party software? Or at the very least prevent it from running in kernel mode?
- rocqua 2y agoA more reasonable claim would be that microsoft should have a way to allow virus-scanners to run without needing to be able to crash the kernel. That isn't an easy thing to do, but it should be possible.
- bdd8f1df777b 2y agoI don't think that is possible. How can an anti-virus not in kernel mode defend against viruses running in kernel mode then?
- rocqua 2y agoEbpf can, I believe, not crash the Kernel
- oska 2y agoThe waves that are already looking like a storm in a teacup ? There is no 'AI', that is always only hype. There is machine learning, which is a very powerful technology but I doubt MSFT will be leading that revolution. As for LLMs, MSFT might have some competitiveness there but I doubt it's going to be a very lucrative market. MSFT is highly overvalued.
- A4ET8a8uTh0 2y ago<< There is no 'AI', that is always only hype. There is machine learning, which is a very powerful technology I agree with you on the technical aspect, but the distinction makes regular people eyes glaze over within 5 seconds of that explanation. AI as a label for this is here to stay the same way cyber stopped meaning text sex of IRC. The people have spoken. << MSFT is highly overvalued. Yes, but so is NVDA, the entire stock exchange and US real estate market. We are obviously due for a major correction and have been for a while. As in, I actually moved stuff around in my 401k to soften the blow in that event 2 years ago now. edit: yes, I am a little miffed I missed out on that ride. So far, everything was done to prevent hard crash and in the election year, that is unlikely to change. Now after the election, that is another story altogether. << I doubt MSFT will be leading that revolution. I think I agree. I remain mildly hopeful that the open model approach is the way.
- oska 2y ago> Now after the election, that is another story altogether. Agree. First half of 2025 could be pretty spectacular (if/when we get through 2024). I suspect there might be some pretty radical plans for US debt monetisation being drawn up, to be implemented early in the new presidential term.
- throaway920181 2y agoMy brain goes there too, but the other part of my brain says "line always goes up." The richest among us are heavy owners of stocks, and this country does everything it can to keep those numbers up. Look at that insane COVID V-shaped recovery that happened. That's just not a real/natural market reaction in my book.
- d1sxeyes 2y agoPretty good time to buy MSFT I would imagine, given that this isn't really their fault.
- fvold 2y agoYeah, if I had a spare million, I can imagine buying that dip.
- Wytwwww 2y agoSo far MSFT is down by ~2%... Even Crowdstrike is only -20%. When they probably did more damage in a day their entire net worth.
- anigbrowl 2y agoI'm mystified it's not much lower. Perhaps the market hasn't really priced in the damage yet.
- cm2187 2y agoI'd expect crowdstrike to take a big hit. Between this and the russian hack [edit: actually not, sorry, confused with SolarWinds], I am not sure they are not causing more problems than they solve.
- UmbasaMan 2y agoPro tip: your stock can't go down if you crash the stock exchange
- A4ET8a8uTh0 2y agoIt honestly did not occur to me. In all seriousness, was stock exchange ever really hacked ( not just data exfiltration -- write access to everything )?
- bink 2y agoTrading has been halted on stock exchanges due to technical issues many times. But there's are also more than one stock exchange.
- gostsamo 2y agoNo, it can't, if there is no stock exchange online to process the prices.
- _heimdall 2y ago"Tell me, Mr. Anderson, what good is a phone call when you are unable to speak?"
- attentive 2y agoit hovers around -20% in pre-market (at the moment)