President Trump hinted at a potential meeting with China’s President Xi Jinping to discuss trade issues, but details remain scarce. China is seeking clarity on Mr. Trump’s objectives and who in Washington holds his ear, sending scholars to unofficial talks in the U.S. to gauge the situation. With tensions high due to tariffs, China wants a summit soon to prevent further escalation, while U.S. officials are cautious about engaging without clear objectives in place.
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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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