London Stock Exchange

Microsoft Cloud Services Outage Leads To Sharp Drop In CrowdStrike Shares

A widespread IT outage has linked Microsoft and major cybersecurity firm CrowdStrike, leading to a significant drop in their share prices during pre-market trade on Friday. CrowdStrike shares fell by 18.67% and Microsoft shares declined by 2.5% after issues with Microsoft’s Azure cloud services and Microsoft 365 apps were reported....