alt Hacker NewsCrowdstrike crashed 8 million+ machines and broke many so bad they didn't fix on restart. Their stock is up 3x since then: https://en.wikipedia.org/wiki/2024_CrowdStrike-related_IT_ou... . I don't understand it but I also wouldn't bet on anything changing from this outage.
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Ungh • today at 9:45 AM
Yeah true. Only by heel dragging and refusing to roll it into our production stuff lead to us surviving that.
Businesses rationally won't switch because of one outage (even a bad one) because switching costs for a lot of places will be astronomical.
So again rationally this shouldn't affect the stock price much.
However repeated disruptive outages every few weeks/months (à la GitHub) is a different story, and there's also the invisible effect of businesses maybe being less likely to choose Microsoft in the future