July 30, 2024

Crowdstrike holdings (CRWD) is $229.81 down-$29.00 (-11.20%) at mid-day on a report that Delta Air Lines is pursuing legal action against CrowdStrike and Microsoft in an effort to seek compensation for damages resulting from a software malfunction that led to flight disruptions. The airline has enlisted the expertise of renowned attorney David Boies to spearhead the legal proceedings, as reported by CNBC. Microsoft (MSFT) is trading at $420.41 down -$6.32 (-1.48%).

Microsoft is set to report fiscal Q4 earnings after U.S. market close today. The stock is up roughly 14% YTD.