Global debt, market takeaways, CrowdStrike: Asking for a Trend
Today's episode of Asking for a Trend, hosted by Josh Lipton, delves into global debt concerns, market movements, and the recent CrowdStrike (CRWD) update fallout. The show opens with a focus on rising global debt, as public debt reaches record levels worldwide. Yahoo Finance anchor Julie Hyman provides a breakdown of the countries with the highest debts, discussing the strategies being employed to address these financial burdens. Markets (^DJI, ^IXIC,^GSPC) take center stage as the episode explores the impact of President Biden's decision to step down from reelection and the anticipation for upcoming tech earnings. Yahoo Finance reporter Josh Schafer offers insights into the day's top trading takeaways. The spotlight then turns to CrowdStrike, following a company update that triggered a global outage affecting various industries. San Jose State Professor Ahmed Banafa analyzes the outage and the steps needed to resolve the issue. This post was written by Angel Smith
