kurtz says it could be many more hours before everything is totally resolved. also putting the blame on crowdstrike here saying on its support page, the crowdstrike update forced those window devices to get stuck in a rebooting loop. department of homeland security told us in a statement it's working with crowdstrike and microsoft to assess the outages and national security counsel also told us it's monitoring the situation. president biden has been briefed as well. meantime shares like century nall one and palo alto are up. shares of crowdstrike down 10% or so. waiting for more updates from crowdstrike and microsoft when everything is going to come back online but we're looking after that what went wrong and how this can get prevented again, guys. >> how widespread crowdstrike is deployed and/or obviously microsoft, of course, is widely deployed, or could we expect something similar to have occurred with one of the other cyber security firms in an update if it had gone awry? >> it's hard to tell. you choose one platform to go with, david, and un if something h

so, we don't have an opportunity to hear a formal statement from george kurtz. so, i think he'll do the company some justice, coming out and let us know if he does see some serious financial exposure for the company. and if that is the case, i think they could actually see another leg down from here. so, i don't know that this is necessarily the moment to jump in, rush, and buy that 12 to 13% dip that we're looking at toward the close today. >> catherine, i guess the other thing is even though it's down significantly today, it's only back to where it traded several months ago, and it remains a premium valuation on the stock because of the growth rate, because of how essential it is to all of this. so, is this your optimum entry here? where do you think the stock ultimately can get to? >> i disagree with the former person, and i would be buying down here. i just don't -- this is a very well-renowned company. they are the best at cyber security. there are very few companies that are growing over 25% year over year. they beat on the earnings -- the last eight quart

we had a statement from the ceo george kurtz. the company is actively working with customers affected by the defect found on the single content update for windows hosts. this is windows specifically. mac and linux hosts are not impacted. this is not a cybersecurity incident. the issue has been identified, isolated and a fix has been dep deployed. that is the latest from the company. the question is how long this will take to rollback and get systems back online. in january, we saw something similar from microsoft when they tried to rollout an azure update that went wrong. they had to roll that back and that took a number of hours for businesses to come back online. there are a number eof experts suggesting this could take more than that potentially for some businesses to get back on their feet. one of the impacts which has been notable is many people using windows-based laptops with the blue screen of death. the blue error screen popping up with the error. that is the latest. a lot of businesses talking to crowdstrike and microso

kurtz said. systems like these are very complex, and his team tries to find issues before they cause a huge outage like this one. and in less than ten minutes, did the i.t. meltdown cost you or someone you know a lot of money? our consumer investigator has your back. he'll show you how to file for reimbursement. new at 11. also relieved, but exhausted. more than 200 passengers on a san francisco bound air india flight finally made it to sfo tonight after making an unexpected and unwanted stop in russia. the detour taking place due to issues in the cargo hold of that airplane and for bay area families at airport tonight, seeing their loved ones finally arrive home was a welcome sight. nbc bay area's pete suratos was at sfo today. mayank gupta is here with his children at sfo and he's one of many families waiting to greet loved ones after their san francisco bound air india flight finally landed at sfo. after diverting thursday to an airport in siberia. knowing his parents arrived in good health is

kurtz and other progressives and progressives, come and grow. and so, well, in such an atmosphere, the tensions become intense and there is no longer that unity between these two currents . where can we see the result of such an event on january 6, the day when the protesters entered the us congress and were shouting in the corridors of the congress that where is mr. pence and did they want to execute trump's vice president pence ? the federal government has nothing to do with the 2025 project 2025, which has been discussed a lot in the united states these days, is a pardon . we want the federal ministry of education to do what we want each state to have its own education, a special education system , the republican and democratic states have different systems , so this is what is happening and this terror. it determines that distancing and that radicalization , whether it is the extreme left or the extreme right, this is the first part of the question, the second part of your question is about the discussion of the american elections. well, it

crowdstrike ceo george kurtz says the issue has been identified and a fix has been deployed. >> still, there is a rippling effect being felt at airports across the world. flightaware is reporting more than 43,000 flights worldwide were delayed today, and nearly 5000 were canceled at sfo, more than 400 delays and 130 cancellations. ktvu zac sos live now at sfo tonight. zach, a lot of travelers forced to cancel their plans. >> yeah that's right. now we'll see that things certainly seem a little better than they were earlier. but the line behind me kind of speaks for itself. many travelers i spoke to earlier deciding to cancel their travel plans altogether after waiting for hours for updates on their flight, airport officials saying it could take days before this mess is fully worked out. >> i was headed to l.a to do a little hang out with my girl, but friday morning, melissa and millions of other passengers at sfo and airports across the world were instead greeted by this. it was complete chaos. there were long lines, confusion. people didn't know where to go and many soon learning. >>

they were calling in on the ceo george kurtz to go to capitol hill to testify.e watch palo alto and others post modest gains since the outage. you see cloudflare up 3%. >>> now time for the check of the other corporate stories with silvana henao. silvana, good to see you. >> frank, good tuesday morning. sources tell cnbc that wiz has turned down the $$23 billion takeover bid from alphabet. the deal would have been alphabet's largest acquisition and nearly doubled wiz's $12 billion private market valuation. >>> u.s. security regulators have given the green light to the batch of ether tracking eetfs with trading to begin today. the spot etfs from blackrock and vaneck comes six months since the launch of bitcoin etfs. >>> and activist investor trian has a new target. solventum. shares are popping in the pre-market. in the statement, trian wants to unlock the company potential with restoring growth and simplifying its portfolio. frank. >> silvana, thank you. >>> back to the markets. the s&p coming off the best day in more than a month as tech stocks rebound from the

george kurtz explained the issue on x this morning saying this was only an issue for their customers that use the windows system. they were hit with the bsod, the quite literally the blue screen of death, it has a sad face on it when their computers crash. how big a deal is this, half of fortune 500 companies used the software and in some capacity they use crowd strike. elon musk came out on x to say this is the biggest it failure ever. neil: it is impossible to peg this on one company or stock. it seems mathematically impossible. it doesn't add up but we will see. great reporting as always. whoever, whatever is responsible for this, don't know if it will go back to a single software source, these are getting bigger and are reminders whatever the promise of technology, a convenient excuse to say before we talk about the near vona promise of tomorrow, let's talk about the not so failsafe problems now, what do you make of this? >> we are still vulnerable. is not even an attack which i gather the cyberattack looking after this, crowd strike is arguably the number one cybersecurity compa

also, frank, literally within the past few seconds, the ceo of crowdstrike, george kurtz, on x, sayingthe company is working with customers impacted by a defect found in a single content update for windows hosts. mac and linex hosts are not impacted. this is not a security incident or cyber attack. the issue has been identified, isolated and a fix has been deployed. he adds, we refer customers to the support portal for the latest updates and will continue to provide complete and continuous updates on our web sites. george kurtz says we ensure representatives through the official channels and he says their team is mobilized to ensure the security and stability of crowdstrike customers. back to you, frank. >> arjun, thank you very much. we are getting news dan murphy. he just sent it to me. he said emirates airline ways i aware of the disruption, but their flights are not disrupted right now. we are looking at airports disrupted. we had ground halts. two airlines in the middle east say they are able to operate and takeoff right now. looking at the flight tracker map here. the yellow ones

in a statement earlier, the company's ceo, george kurtz, said...on continues. investors will be watching carefully to see how its response to the challenge unfolds. they will indeed. our correspondant ione wells is at ronald reagan washington national airport. she brought us up to date with what's happening been happening across the us. well, in the us, the main way that this has impacted - customers has been airlines. some of the biggest airlines . here have experienced delays, some even cancellations. the latest figures said at least 1300 flights had been - delayed, about 675 or so cancelled. here at reagan airport - in washington, dc, a number of flights have been delayed. and cancelled, although most passengers are saying that they've been saying they were able - to reschedule their flights either for later today or tomorrow. - it does seem like most airlines . are starting to get things back up and running after today's outage. now president biden has been briefed on the situation, - but this is really a kind of airline problem at the moment.

. >> that was crowdstrike's george kurtz on our show friday after apologizing for that global i.t.utage. shares of the cybersecurity firm extending some losses in the premarket this morning. over the weekend, nearly 1,500 u.s. flights were canceled, according to flightaware, and this morning, at least two firms downgrading crowdstrike. guggenheim, one of them, jim. just think it's not good when it happens at the end of the quarter when you're trying to close deals. >> true. that's very true, and there's a long tail of impacted systems that need more help. that's an issue. i think what a lot of people were surprised about was how pervasive and successful crowdstrike has been, that they were 18% of the protection, and i have had george kurtz on -- the ceo -- numerous times, and look, the man's a hitter, and the company came out immediately. i got a call, like -- awful on friday. i get a call from george, a text from george incredibly early saying, listen, this is on us. are you going to work? i said, let me check with lisa. i didn't say that. i just went to work. lisa set up -- the p

i'm howard kurtz and hope you're having a great independence day weekend.hat, republican convention and we'll be busy covering all of that as we have tried to sort of pack everything in here. subscribe to daily podcast and media buzz and rip on the day's top five stories and funny and weird ones and apple and itunes is a good place to do it and with that, we're back here next sunday, 11:00 eastern, see you then. ♪ choice hotels is a family of brands with a hotel for any traveler you want to be. like #1 chef dad, cookin' up a free, hot breakfast for the entire family at a comfort hotel. mom made this. umm... i...added... the garnish. stay twice and get a $50 gift card when you book direct. sometimes jonah wrestles with falling asleep... ...so he takes zzzquil. the world's #1 sleep aid brand. and wakes up feeling like himself. get the rest to be your best with non-habit forming zzzquil. ♪ ♪ a test or approve a medication. we didn't have to worry about any of those things thanks to the donations. and our family is forever grateful because it's completely chang

i'm howard kurtz and this is media buzz. ♪ howie: you don't need to be a media analyst to see the 59-ar-old vice president is bringing more energy to the trail than the former president. harris got a campaign staff in wilmington and stuck to the script in a milwaukee rally the same day. >> predators that because women, fraudsters that ripped off consumers, cheaters who broke the rules for their own gain and hear me when i say i know donald trump's type. predators, who abuse women, fraudsters who ripped off consumers. cheaters who broke the rules for their own gain. so hear me when i say, i know donald trump's type. howie: donald trump would long plan to run against biden is now taking aim at his new opponent and what she knew about biden's decline. >> if kamala will lie to you so brazenly about joe biden's mental capacity and then she'll lie to you about anything she can never ever be trusted. howie: joining us to analyze the coverage is ben domenech. in san diego, laura fink, founder of rebel communications. ben, any question in your mind the media and most of the media are gushing o

i'm howard kurtz.dia buzzmeter, where we have a little fun and the insight we offer on the day's top stories. and, you know, you would think that you wrote this all off as a movie. one candidate gets covid, the president is going to be dumped by his own party, possibly. attempted assassination, the candidate survives barely. nobody would believe it. we're back here next sunday at 11 eastern. we'll see you then.r ♪ ♪oto s are stopping you in your tracks... ...choose stelara® from the start... ...and move toward relief after the first dose... ...with injections every two months. stelara® may increase your risk of infections, some serious, and cancer. before treatment, get tested for tb. tell your doctor if you've had an infection, flu-like symptoms, sores, new skin growths, have had cancer, or if you need a vaccine. pres, a rare, potentially fatal brain condition, may be possible. some serious allergic reactions and lung inflammation can occur. feel unstoppable. ask your doctor how lasting remission can

george kurtz is doing an admirable job. i don't want to write this company off. kurtz is too good.n new york. >> caller: hey, jim, good evening s&p. >> what's going on, tom? >> caller: hey, jim, i've got a question for you on aten networks. >> it's network security. if you're going to do network security i'm still going to say palo alto. palo alto's stock is not even up now since what happened with crowd strike and yet they are chief rivals. that seems wrong to me. i know sentinel's been the winner so far but i do like palo alto. let's go to jerry in illinois. jerry. >> caller: hello, jimmy. love your energy and love the show. >> try to bring it every day. how can i help? >> caller: about 15 months ago my son nick opened up a decent sized position for us in dream finders homes, dfh. we're currently -- >> you know the it kind of interesting it's a single family home and i like that business very much. i think your kid's got horse sense. and that ladies and gentlemen is the conclusion of the "lightning round"! >> announcer: the "lightning round" is sponsored by charles schwab. coming

in a statement, the company ceo george kurtz said this was not a security incident or cyberattack.ue has been identified, isolated, and a fix has been deployed. the global disruption continues. invests will be watching carefully to see how its response to the challenge unfolds. lewis: let's take a quick look at what is happening across america. our correspondent is at ronald reagan washington international airport. >> in the u.s., the main way this has impacted customers has been airlines. some of the biggest airlines have experienced severe delays, some even cancellations. at least 1300 flights had been delayed, about 675 canceled. here at reagan airport in washington, d.c., a number of lights have been delayed or canceled, but most passengers say they have been able to reschedule for later today or tomorrow. it seems like most airlines are getting things back up and running after today's outage. president biden have been briefed on the situation but this is really an airline problem at the moment, technical difficulty they are experiencing. while things are relatively calm, we ha

crowdstrike ceo george kurtz says the issue has been identified and that a fix has been deployed. the company says this was not a cyber attack. the computer outage forced united, delta, american and several other airlines to halt flights. many of the airlines lost access to check in and booking services, and had trouble dispatching flights. sfo so far. excuse me at sfo today, at least 115 flights have been canceled, according to flightaware, and some people have been told they may not be able to get on another flight until early next week. >> i've been here since 9:00 yesterday, 9:00 in the morning yesterday, and then i didn't find out my flight was canceled until 9 p.m. and i only found that out on the board. i didn't even receive any type of notification, any type of email service is resuming, but airlines are having some trouble getting operations back to fully normal. >> so we're going to go in depth tonight on this major disruption and talk live with professor vinisha pendyala of san jose state. professor, really appreciate you taking the time. so my first question is, you kn

kurtz are moving the atmosphere in this direction, that is, the atmosphere is being moved in this direction by the american society, and this mistrust of the federal government is increasing . 24 spellable parts of the republicans, that is, the stream supporting mr. trump, the voting body supporting mr. trump. he has no confidence in the elections and even if mr. trump does not win, he will still claim fraud and we will witness yet another scandal in the american society . thank you very much mr. abbasi. honorable, in the special news interview studio, in tonight's program , we examined the dimensions of the unsuccessful assassination of former american president trump. hello, ladies and gentlemen, welcome to the world today . of course, the main case of tonight's program is dedicated to investigating the various aspects of the disgrace of former president and current candidate for the us presidential election, but today's world, as always , we start with palestine, today is gaza, day 280 and second from nastash.

. >> the ceo of crowdstrike, george kurtz, tweeted, this is not a security incident or cyber attack. the issue has been identified, isolated and a fix has been deployed. he later said. crowdstrike will be transparent as to what went wrong and what's being done to prevent it from happening again. >> one of the biggest impacts was felt at airports. many just brought to a standstill thousands of flights canceled and delayed. >> abc seven news reporter tim johns is live from sfo, with more on the impact on air travel. and tim, it was significant. >> reporter yeah. dan ama, it's been quite the day here at sfo. i can tell you guys that. and as you can see behind me here, this line is actually pretty normal for what a normal travel day would look like here at the airport. but i can tell you earlier today it was out the door pretty much throughout the whole terminal, just hundreds upon hundreds of people here just trying to figure out a way to get out of the bay area. literally thousands of passengers are stranded at sfo as airlines recover from a worldwide i.t. outage. that's crippling air

house leaders are asking george kurtz, the ceo of crowdstrike to explain the company's software update last week that led hundreds of flight cancellations and seriously impacted tax in banks, hospitals and other critical services. the outage impacted around 8.5 million machines that were running. microsoft's windows operating system crowdstrike's as a quote, significant number of the computers that crashed on friday have been fixed and the company is actively working to prepare a more detailed explanation of exactly what happened. >> coming up, the community vacaville paying their respects at the funeral procession for the police officer. matthew bowen killed in the line of duty. also even update on the investigation into that scrap metal fire that burns near the port of oakland last year. and then talk about the heat. it is hot out there. we'll check in with 3rd chief meteorologist lawrence karnow to see when we'll get a little break >> tonight 5.30, law enforcement from up and down california, even from out of state came to pay their respects at the funeral procession for vacaville p

leaders are asking ceo george kurtz to explain the company software update last week that led to thousands of canceled flights and delays and seriously affected banks, hospitals and other critical services. more than 8 million machines running microsoft's windows operating system were affected crowdstrike's as a quote, significant number of the computers that crashed on friday have been fixed and that the company is working to repair a more detailed explanation of exactly what happened. >> still ahead, triple digit temps felt parts of the bay area. chief meteorologist lawrence karnow will let us know you can see some relief. plus the director of the secret service has left her job after the assassination attempt on former president trump. what led her to make that decision? and then if you some packages, need ship. might not be as expensive. does he usually happen? why ups is lowering its prices. keep it here. kron. 4 news at 6 will return.

george kurtz has already stated that this was not a cyber attack, so what's the problem?l, actually, i watched this short report and i have almost nothing left to add, the only thing that i can agree with is everything that was, well, a little bit of some details, maybe to explain, well, most likely , the human factor, modern technology had to do with it. konali and artificial intelligence are imperfect, and the most modern achievements, they also depend on people, people make mistakes, people get tired, people are not dissatisfied with working conditions and a lot of everything that leads to inattention, to excessive haste, most likely in this case they did not have time to test or test this... this update, which was sent to users of windows computers, and this is the only reasonable explanation to date, although there are various conspiracy theories and it seems that the openwork, well, the huge cloud provider temporarily did not work there, well, less so with the main version, still, i would still consider the next statements of the crowd strike company. still gave an

ceo george kurtz apologizing. >> we're deeply sorry for the impact that we've caused to customers, to travelers, to anyone affected by this, including our companies. >> reporter: but the damage was already done. and while he stressed that this was not conducted by a bad actor, many pointing out that crowdstrike, a company meant to prevent cyberattacks, essentially created a massive, if unintentional, cyberattack. >> the more interconnected we are when it comes to travel and medical care and emergency services and military, the more vulnerable we are to this type of threat. it is something we should take extremely serious. >> whit: erielle reshef back with us from laguardia. quite a scene out there today, erielle. what's the latest from crowdstrike on how long this could last? >> reporter: well, whit, as you can see, it's pretty empty here at laguardia, as it seems that people have heeded the airlines' guidance to stay home, check flights before heading to the airport. as for crowdstrike, the ceo saying it could be some time before some systems are fully back online. and in the meantim

crowdstrike ceo george kurtz says this issue has been identified and a fix has been deployed. the company says this was not a cyber attack first and foremost. >> again, just to reinforce what you said, it wasn't a cyber attack. you know, it was related to this this content update. and as you might imagine, we've been on, you know, with our customers all night and working with them. many of the customers are rebooting the system is a very complex world, and there's a lot of interactions and always staying ahead of the adversary is certainly, you know, a tall task. >> the worldwide outage affected everything from hospitals to tv stations, banks and even some 911 services. this major outage also impacting air travel. flightaware reporting that more than 43,000 flights worldwide were delayed today and nearly 5000 were canceled here in the bay area, more than 130 flight cancellations just at sfo. >> ktvu zac sos has more now on the major impact still being felt tonight for travelers. >> i was headed to l.a to do a little hang out with my girl, but friday morning melissa and million

the a's selected wake forest first baseman nick kurtz, and the giants picked florida state outfielderameseekend. members of the union alcatraz workers united picketed at pier 33 into the late evening hours yesterday. they want higher wages, more consistent schedules. visitors were still able to get to alcatraz by ferry, but alcatraz city cruises managers had to operate the boats themselves. company is paid by the national park service to ferry visitors to the island. yesterday's strike comes two months after a four hour strike over the same issues, labor negotiations continue. okay, you still have time to go enjoy a japanese buddhist tradition in san jose. we're talking about the obon festival. the festival has been a staple in san jose, dating back to the 1930s, and it's put on by the san jose buddhist church in japantown. the two day festival commemorates the spirits of ancestors, and the dead people came to japantown today to for a day packed with food and entertainment that included live performances from the taiko drumming group. and of course, people enjoyed food from the nearby res

cloudstrike ceo george kurtz accepted responsibility. >> we will do a hot wash of how it happened andit doesn't happen again. >> reporter: it's not just the airlines suffering, kristina rex on the following in the medical world. >> reporter: all previously scheduled surgeries and medical visits that are not urgent have been canceled today. that's because many of the computer systems are down, preventing access to vital digital records. >> we do everything on our computers now. people's medical histories, their allergies, so when that goes down, we have to revert back to paper charting. >> reporter: the outage is impacting hospitals nationwide. new york's memorial sloan kettering postponed all procedures requiring anesthesia. delaying types of surgeries. in seattle, closing the outpatient clinic today. 911 call centers were disrupted in several states. officials posted warnings and shared alternate phone numbers on social media while service was being restored. >> i think a lot of people around the country and the world are shocked to discover that a single issue with a single piece of

. >> there are a lot of people calling the bottom that george kurtz -- remember, george kurtz has raced 24 hours. he's number one -- probably the number one racer in our country for formula one. no one talks about it. he won sebring. people say he looked hag bgard the "today" show. he always looks haggard. i do like the fact that he personally has gotten in a level of incident response. they screwed up. he called me at 6:00 a.m. a week ago. it was on friday, i was off, and he goes, look, there's a release out, it's not very good. i called him back and said, it's horrendous. he said, i thought that you would make that judgment. >> then you brought him on and we had a pretty frank discussion at that point. what does that all mean? the stock is down 32% in a month. is this the bottom for it? wall street seems to be rallying to its cause. >> i think it's the bottom because it offers incredible -- look, i had thought that the business would go to sentinel, which is -- had -- the stock's gone up, and palo alto, where the stock's done nothing. but the morgan stanley note does talk about feelin

george kurtz will deliver for you but you can't ask him to be a superman. stocks are not supermen. they are in the end stocks. but if you buy it on the way down in stages and then just hold it and keep doing the research i think your son will do just fine. so people, i say enjoy the rotation. but it will not last forever. especially if interest rates stop going down and then we just rotate back to the same old same old that i heard all day, we're finished. but i don't think so. on "mad" tonight. glp-1 concerns. today we got a pessimistic report from delta which sent the airline cohort lower. is the whole group just uninvestable? let me give you my take. and later we'll be bringing you president biden's press conference on a special early edition of "last call." so stay with cramer. >> announcer: don't miss a second of "mad money." follow @jimcramer on x. have a question? tweet cramer. hashtag madmentions. send jim an e-mail to mad money @cnbc.com. or give us a call at 1-800-743-cn. ss something? head to madmoney.cnbc.com. when we're young, we're told anything is possible... ...but

crowdstrike ceo george kurtz has said.ruption caused. >> well, earlier on, we spoke to the security expert and columnist elizabeth braw . columnist elizabeth braw. >> so many people have been affected. i was stranded for 12 hours at stansted airport myself yesterday. it was, let's say very unpleasant and i was going to be many travellers. and as you say, corporate administrators who will have struggled not just yesterday but will continue to struggle to, keep, to, to return to to, normality. and it just demonstrates how vulnerable modern society is. this is what i think of as the convenience trap that modern life is very convenient, but it also makes us very vulnerable . this time it very vulnerable. this time it was an honest mistake by a company that should have known better, but next time it could better, but next time it could be hostile attack, chaos. >> we will promise. 24.5 years ago with the millennium bug . ago with the millennium bug. this is a cyber attack that vladimir putin would have been proud of. how in the

the chief executive of crowdstrike, george kurtz, said a fix had been issued but restoring all systemsme. banks, media outlets, hospitals and airlines are among those who've encountered problems. 0ur transport correspondent, katy austin, has been following the impact of the outage on travel. the technical outage has hit travel around the world, affecting many airlines. british airways and ryanairjust some of the carriers unable to use their it systems as normal. edinburgh airport stopped accepting incoming flights. people whose departures were cancelled were asked to leave. at amsterdam's schiphol airport, the impact has been huge. the dutch airline klm suspended most of its operations. flights have been taking off and landing at heathrow, britain's busiest airport, but there are delays and cancellations on one of the busiest days of the year here. among those affected has been american airlines, and here at heathrow airport terminal 3, for a time this morning passengers were told they could not drop off their bags and had to go away and wait for more information. i checked in online l

crowdstrike ceo george kurtz is set to testify before congress. the u.s.committee has called on the executive for questioning after last week's botched software update. additionally the u.s. department of transportation has opened an investigation into delta as he continues to see major flight cancellations and delays from the crowdstrike outage despite rivals return to normality. plus shares falling as authorities have arrested its founder brian kim over alleged market manipulation. the billionaire entrepreneur was taken into custody after hours of deliberation and fears of evidence destruction. their spokespeople deny the allegations. coming up on bloomberg technology we will take a look at the role of ai and robotics and that's who the company might -- chris joins us next. this is bloomberg technology. ♪ all-day energy starts with clean hydration. lmnt. more electrolytes. zero sugar. you feel the difference when you get it right. stay salty. america's largest gutter and gutter protection company. leaffilter has over 150 locations and has been installed

. >> reports on what's happened to kurtz's net worth after crowd has not been able to catch a break the last few sessions. >> i continue to believe that people will forget about this six months from now because kurtz is a beloved figure. he always looks hag ggard becau he doesn't need sleep. i went to dinner with him. i said you're the one of the most boring executives. he said, i won lemans. he's working 24/7. got to get a new sport coat. >> is there liability that people should be concerned about and what will that look like. >> i don't know. this is a great company and they had 18% share. no one knew they were so big. i continue to believe that it's palo alto's time. but so far it's been sent to one which is insane. palo alto is barely up. [ cheers and applause ] >> it's not like when chipotle had its problem and no one came out against -- it's there but the grace of god because it is not a hack. >> i want to come back to a couple of things we've covered briefly. one being gm. stocks down 4% on what i thought would have been a very strong quarter and would have been reviewed as such.

ceo george kurtz offered a mea culpa on the today show. >> we are deeply sorry for the impact we causedcustomers, travelers, anybody affected by this. we know what the issue is. we have resolved the issue. >> the faa temporarily grounded major u.s. airlines including united, american and delta. with flights installed, check ins were brought to a standstill. this passenger was disappointed with his airlines response. >> it's interesting to watch the airline have no idea what's happening because it is such an issue they don't have a grasp on. >> in australia, travelers had to fend for themselves. >> my flights been canceled. daughters are trying to do it online and then we will have to try and get a flight home somehow. don't know. >> it wasn't just air travel that was affected. hospitals and health care systems overseas were also locked up, forcing the cancellation of appointments and the closing of clinics. massachusetts general hospital had to limit operations, announcing, all previously scheduled nonurgent surgeries, procedures and medical visits are canceled today. the outage also im

ceo george kurtz says 97% of the company systems linked to the i.t.lobal outage and botched software rollout are now back online. the days long disruption is estimated to cost fortune 500 companies excluding microsoft $4.5 billion. crowdstrike lost a quarter of the value. it is slightly higher in the pre-market. >>> investor turned shareholder elliott management calling out the southwest shakeup calling it too little too late. in a statement, elliott adds the failed leadership team is an obvious attempt at self preservation and not credible. >>> and jpmorgan is reportedly rolling out home grown a.i. products to employees as an a.i. based research analyst. the product jpmorgan called llm suite is currently in the hands of its asset and wealth management division helping with writing and idea generation and summarizing documents, frank. >> it is an interesting trend as we talk about the use cases for a.i. still haven't figured it out. still trying to figure it out and make the business interesting and impacting wall street. >> i'm sure there is more to

crowdstrike ceo george kurtz says the issue has been identified and a fix has been deployed. the company says this was not a cyber attack first and foremost. >> again, just to reinforce what you said, it wasn't a cyber attack. you know, it was related to this this content update and as you might imagine, we've been on, you know, with our customers all night and working with them. many of the customers are rebooting. the system is a very complex world, and there's a lot of interactions and always staying ahead of the adversary is certainly, you know, a tall task. >> the worldwide outage affected everything from banking to hospitals, major airlines and even some 911 services. >> so major outages have been restored. air travel continues to be affected nationwide. flightaware reported more than 5000 flights were canceled globally, and today there are already thousands of delays and cancellations as airlines say it will take days to recover from yesterday's outage. >> ktvu zac sos was at sfo with more on the major impacts felt last night by travelers. >> i was headed to l.a to do

fox news media analyst and the host of fox news "media buzz" howardhoward kurtz joins us ton. >> everyonebeating up on the super charged as not fear much of the flack is coming from democrats and liberals. bernie sanders writes in the "new york times" that the corporate media has obsessively focused on a disastrous debate and focused on every living human being who know noe longer reports the president or any neurologists who wants to appear on tv. the president himself, bret, with nbc's lester holt blamed the media for not challenging what he described as donald trump's many falsehoods during that june debate. >> why didn't the press talk about all the lies he told? i didn't say anything about that. >> we have reported many of the issues. >> no you haven't. >> during the debate. >> no you haven't. >> we will provide you with them. >> as far as how this is affecting the campaign. the media are being flooded wave after wave of floors clearly leaked by top democratic leaders biden may drop out any minute draw strong white house pushback. sounding like part of the dump joe movement. >> bret:

let's bring in media buzz host hallie kurtz to talk more about this. know you're watching along with us. what did you think about joe biden? he was quite defiant today. >> i don't think that speech did anything to helped out and call the doubts about his mental acuity. he looked to be reading off a prompter. we know he can give a good rally speech. he certainly was forceful but he's got a cheering crowd hang on every word and it's really at odds with the situation he finds himself in were big-name liberals in the media democrats are not only talking about that he needs to step aside any of them and these are his people who supported joe biden until now, but some saying he should outright resign and had the presidency to kamala harris. there's a lot of buzz so standard speech. he delivered forcefully but i don't think it's the same as sitting down with george to phenom plus. >> anita: will get to that in a minute but i want to play the key clip from this speech in wisconsin where he said he's in 2 win it. >> i'm staying in the race. i will beat donald t

a third party software platform, we anticipate a resolution is forthcoming, crowdstrike ceo george kurtzthe issue has been identified, isolated in a fix has been deployed, let's take a look at crowdstrike, stock and premarket trading is down pretty handily 12%. and this journalist and cable news anchor lou dobbs has died at the age of 78 a statement posted on his ex account confirming that lou was a fighter till the very end fighting for what mattered to him most, god, his family and the country, lose legacy will forever live on as a patriot and great american. and former president trump reacted not true social writing this, the great lou dobbs has passed away, friend in truly incredible journalist, reporter and talent, he understood the world of what was happening better than others, lou was unique in so many ways and love your country. he will be greatly missed. lou was a cable news pioneer that i got to know working with them over many years, from his colleagues that fox business, our heartfelt condolences to his family ended affectionate good night and god bless. meanwhile, online sp

crowdstrike to testify about the global tech outage that affected services around the world, george kurtzoftware update caused the meltdown on microsoft systems. republicans who led the house homeland security committee said they want more details on what went wrong. many businesses were forced offline, including major airlines, banks and hospitals. the impact still being felt at airports nationwide already this morning, delta has canceled more than 400 flights. that's according to flightaware. that after the airline canceled nearly 1200 flights yesterday and about 2500 more over the weekend, delta's ceo says the company is working around the clock to recover and restore full functionality. the tech meltdown came during the busiest travel weekend of the summer for delta. >> i feel awful for everybody who's flights are getting canceled, people going to things like funerals or stuff of that situation. this is unacceptable. >> united and american airlines have also canceled several dozen flights this morning. that's also according to flightaware. in today's dollars and cents, two carmakers f

the glitch, house homeland security committee chairman mark green wants crowdstrike ceo george ci kurtzy on capitol hill. bret? >> bret: it's a big deal. we'll follow it, jonathan, thank you. the panel on the start of harris are vs. trump campaign looks like. what some of our fox affiliates are covering. fox 29 in philadelphia. man charged with killing three victims and five others after erupted in gun battle over the weekend. the suspect was initially considered a victim in an argument deadly exchange of gunfire. the mayor is condemning the mass shooting as unacceptable. this is a live look at chicago. we'll be there in a couple of weeks. one of the big stories there tonight from fox 32. united center owners unveil a proposed $7 billion private investment in the near west side. the project's first phase begin next spring with 6,000 seat music hall and performing arts center. it is expected to generate $4.5 billion in economic impact over 10 years. that's tonight's live look outside the beltway from "special report." we'll be right back. ♪ we build this city on rock and roll ♪ we built

. >> crowdstrike ceo george kurtz says that a bug in the system update is what's caused the problem to microsoft's windows operating system. this essentially created a bigger problem. then the one the company aims to avoid crowdstrike is a company paid to protect corporations from hackers. the company controls about 20% of the market for in point security. basically they help computers scanned for viruses. hackers in ransomware in real time. the company is headquartered in austin, texas, with offices around the globe. major companies install crowdstrike software on their servers and other computers to keep planes flying. banking transactions going. trains moving really important stuff. but all of that just ground to a halt because of a faulty update pushed to machines the stay with kron. 4 on air and online. as we learn more about this global technology outage. download the free kron 4 mobile app to get push alerts sent to your mobile device. you can also find the latest information on our website at kron 4 dot com. well, if you're away from the coast, you don't need any technology to

let's bring in will cain and howard kurtz to talk about it. good morning, gentlemen.he interview on abc with george stephanopolous. talking to nikki haley raising concerns with president biden's fitness. >> there is no way joe biden will finish his term. i think kamala harris will be the next president and it should send a chill up every american's spine. the fact that we have a primary. >> excuse me one second about that. how do you know that joe biden won't finish his term? what is that based on? >> ask americans. do you think he will finish his term? >> shannon: from the time that interview happened to the debate the other night do you think president biden changed significantly or that george stephanopolous knew last year there was trouble? >> i think george stephanopolous knew last year. almost everyone dealing in reality has known for several years. i will say, shannon, there has been a rapid increase in the rate of his decline. i saw a video from back in february and it is worse today than it was in february. but we're not going to live in an alternate reality

kurtz also told us that not everyone's system will fix automatically and you may need to have individualworkers to manually reboot your systems. we're experiencing that right here in the cnbc newsroom. satya nadella posting on x in the last hour, his company is working closely with crowdstrike to bring systems back online. the department of homeland security told us in a statement it's working with crowdstrike and microsoft to assess the outages. national security counsel also told us this morning at present, it's monitoring, and president biden has been briefed as well. elon musk said in an x most, he's deleting crowdstrike from all his systems, though not sure if that's possible. reporting at least some tesla systems have been hit with outages, possibly delaying production over there. meantime shares of rival cyber security names like sentinel one, alabama toe networks, they've been up throughout the day, and shares of crowdstrike are down about 11% right now. and we're still waiting for more updates from both crowdstrike and microsoft about when everything's going to be back online. b

violence to achieve their goals the klan at the local level, really taking steps to push back efforts kurtzg about civil rights through lynching, burning down black churches in 18 81, james garfield was shot at a railroad station and later died the gunman charles good to shot the 20th us president because he refused to appoint him as un ambassador to europe garfield assassin also had a history of mental health issues then you get a third republican killed william mckinley in 1901 the 25th us president was shot and killed at the world's fair in buffalo, new york. they pulled out right at close range sean mckinley it would be more than 60 years though, before another us president was assassinated but the attempts continued here to the roosevelt becomes president after mackinlay, he gets shot by a little anarchist in milwaukee franklin roosevelt a would be assassin came and put bullets all around them. harry truman, one day, he was looking out the window and a group of puerto rican and assassins were there and gerald ford had two very serious assassination attempts when we come back we become

george kurtz said that a faulty software update caused the meltdown on microsoft's systems.epublicans, who lead the homeland security committee, said they want more details on what exactly went wrong. and tonight the country is still facing flight delays after last week's global tech outage. fox's nate foy has the story. >> the flightmare continues following friday's massive global software glitch. >> i feel awful for everybody who's flights are getting canceled, people going to things like funerals or stuff of that situation. this is unacceptable. >> delta airlines, one of the most affected over the weekend, canceled more than 600 additional flights monday morning. the airline accounted for roughly half of the 7000 u.s. flights canceled between friday, saturday and sunday, marking one of the worst travel weekends of the year. delta's ceo says, quote, our teams have been working around the clock to recover and restore full functionality. the tech meltdown came during the busiest travel weekend of the summer for delta, with flights already more than 90% full. meanwhile, multi

house leaders are asking george kurtz, the ceo of crowdstrike to explain the company's software update last week that led to hundreds of flight cancellations and seriously affected technology and banks, hospitals and other critical services. the outage affected around 8.5 million machines. they were running on microsoft's windows operating system crowdstrike's as a quote, significant number of the computers that crashed friday have been fixed and the company is actively working to prepare a more detailed explanation of what exactly happened. raleigh country, delta airlines still struggling to get back to normal after a computer glitch impacted. >> the windows computers worldwide last friday, our congress, charles clifford, was at sfo today where travelers are still trying to reach their destinations. >> well, by midday tuesday, delta airlines had canceled 467 flights. they continue to struggle with the aftermath of the crowdstrike computer glitch. tuesday morning, hundreds of frustrated delta passengers waited patiently in line trying to rebook their flights. we had trouble getting on

the a's selected wake forest first baseman nick kurtz and the giants picked florida state outfielderes tibbs at number 13. that's a look at sports guys back to you. all right anthony, thank you very much. and still ahead after the break we are just hours away from the start of the republican national convention. gop leaders from across the country descending on milwaukee. how state politicians and secret service are preparing for the very public event. trump. agents with the atf and ohio state highway patrol have been seen outside senator j.d. vance's cincinnati home. vance is considered a front runner to be trump's running mate and a live look in milwaukee right no, where the rnc begins in just a few hours. the republican vice presidential nominee will be announced wednesday, and the presidential nominee will be announced thursday. and mr. trump is scheduled to speak on thursday. but as nbc's conan nolan tells us, in the wake of this assassination attempt, he appears to be changing his plans a bit. good evening from milwaukee, site of the republican national convention, where donald

ceo george kurtz offered a mea culpa this morning on the today show.e: we are deeply sorry for the impact that we have caused to customers, to travelers, to anyone affected by this , including our company. so we know what the issue is and we have resolved the issue now. william: the faa temporarily grounded major u.s airlines, including united, american and delta. >> please wait at the passenger lounge. we are not checking in right now. william: with flights stalled, check-ins were brought to a standstill. this passenger in minneapolis was disappointed with his airline's response. >> what's interesting to watch is the airline have no idea what's happening because it is such an issue that they don't have a grasp on yet, at least here at the minneapolis airport. william: across the world, in australia, travelers had to fend for themselves. >> flight's been canceled so now we're trying to find accommodation in sydney, which is not easy. our daughters are trying to do that online and then we'll have to try to get a flight home somehow, somewhere, sometime,