In October, Rightmove reported a larger than usual drop in average asking prices for houses, attributed to pre and post-Budget concerns about tax rises. Despite the 1.4% decrease in asking prices, values are still up 1.2% annually. The property market has seen fluctuations in buyer demand and sales agreed due to changes in mortgage rates, interest rate cuts, and stamp duty charges, with a prediction of a stronger 2025 in terms of prices and number of homes sold.
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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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