Studio yria

A large crowd is seen at Suvarnabhumi Airport in Bangkok, Thailand, on July 19, 2024, due to a global cyber outage triggered by issues with Microsoft and CrowdStrike. Airlines around the world faced significant disruption on Friday, as a major cyber outage caused widespread flight delays and cancellations. The outage was caused by a major technology upgrade from cybersecurity firm CrowdStrike, which led to a cascade of issues affecting Microsoft systems, leaving numerous organizations scrambling to restore critical applications and services. Airports around the world have been displaying the infamous “blue screen of death” on flight update and check-in screens, indicating serious system errors. Social media has been flooded with images of disrupted services, including handwritten boarding...

U.S. stock futures edged higher Sunday night, offering a reprieve from last week’s tech-led selloff. The S&P 500 suffered its steepest weekly decline since April as investors shifted from mega-cap growth stocks to more rate-sensitive sectors. Futures tied to the broader market index rose 0.2%, while those tracking the Dow Jones Industrial Average and Nasdaq 100 added 0.1% and 0.4%, respectively. Market attention remains divided between economic indicators and political developments. Traders are increasingly confident in the Federal Reserve’s path to interest rate cuts, with a 93% chance of a reduction in September. This outlook has fueled a shift away from tech giants toward sectors such as small caps and industrials, which should benefit from lower borrowing costs. Meanwhile, President J...