CrowdStrike published an advisory for CVE-2026-40050, a critical unauthenticated path traversal vulnerability affecting its LogScale product. The flaw can allow a remote attacker to read arbitrary files from the server filesystem.
A U.S. judge recently dismissed a shareholder lawsuit that accused cybersecurity company CrowdStrike Holdings Inc. ( NASDAQ: CRWD) of making false statements about its software testing before the 2024 global outage. Also, it has announced its intent to acquire Seraphic and SGNL, as well as new strategic partnership with Nord Security. The share price is 6.3% lower than a month ago and down 3.9% from six months ago, underperforming the Nasdaq in both time frames.
The suit, filed on behalf of CrowdStrike investors in August 2024, accused the defendants, who included the company's founder and CEO George Kurtz of making false and misleading statements over the efficacy of the Falcon platform at the centre of the outage. It also alleged failings over software testing and quality assurance and claimed that CrowdStrike was seeking to maximise its profit by rushing untested updates.
All after it set a strong goal of reaching $20 billion in annual recurring revenue (ARR) by fiscal year 2036 at its recent Fal.Con 2025 conference. Even better, it also provided financial targets for fiscal year 2027, which included over 20% net new ARR growth and an operating margin of 24% or more. It also announced major artificial intelligence enhancements to its Falcon platform, including a powerful AI-ready data layer, no-code agent building, AI agent collaboration, and a new AI-era user experience.
Crowdstrike, a Texas-based cybersecurity company, has agreed to lease roughly 150,000 square feet of space in downtown Sunnyvale, according to several sources with knowledge of the transaction. The sources were not authorized to speak about the deal publicly. This transaction represents a fresh, big win for downtown Sunnyvale and Cityline, a mixed-use neighborhood that has produced housing, shops, restaurants, workspaces and now jobs in the city's urban core.
CrowdStrike ( NASDAQ: CRWD) reports fiscal Q2 2026 earnings after the close. The cybersecurity leader is navigating a market balancing margin expansion with ARR growth acceleration. In Q1, CrowdStrike posted revenue of $1.10 billion (+20% YoY) and EPS of $0.73, but the stock dropped after results. With Falcon Flex adoption surging and Charlotte AI expanding across SOC environments, investors want proof that near-term revenue recognition headwinds won't overshadow the company's $10 billion ARR trajectory.
