Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter, including the recent general strike in Israel in response to the government’s failure to secure the release of hostages held by Hamas. The strike, which saw widespread industrial action and protests, followed the retrieval of the bodies of six Israeli hostages, leading to public anger at Prime Minister Netanyahu for his handling of the situation. Despite mediation efforts by the US, Qatar, and Egypt, Netanyahu has faced criticism for not concluding a ceasefire deal with Hamas, with threats of government upheaval if a deal is reached.
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CrowdStrike: Higher Sales, Higher Costs
CrowdStrike (NASDAQ: CRWD) recently released its financial report as it approaches the one-year mark since a significant global outage in July 2024. The cybersecurity firm exceeded earnings per share (EPS) estimates while matching revenue, although it experienced declines in earnings, free cash flow, and annual recurring revenue (ARR) compared to the previous year. The company is making strides in recovery from the incident, as indicated by these financial results. Full Article
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