Billions in Lost Business

Motley Fool Money

The Motley Fool

Business, Investing

4.4 • 3K Ratings

🗓️ 26 July 2024

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

We talk through the estimated $5B in lost activity across banking, travel, and other industries due to Crowdstrike’s faulty update and the $30B shaved off the company’s market cap. (00:21) Jason Moser and Matt Argersinger discuss: - The impact of the global IT outage, where it will show up financially and how Crowdstrike responded. - Why the market is down on Tesla’s profitability - How Spotify’s stellar run is continuing and why dividend investors might want to keep an eye on UPS. (19:11) Motley Fool co-founder and Chief Rule Breaker David Gardner talks with Emily Flippen about his best stock recommendation, some of his best investing lessons and how to make sense of the nascent artificial intelligence space. (31:18) Jason and Matt break down two stocks on their radar: Twilio and Coupang. Stocks discussed: CRWD, MSFT, TSLA, CMG, SPOT, UPS, NVDA, TWLO, CPNG. Host: Dylan Lewis Guests: Matt Argersinger, Jason Moser, David Gardner, Emily Flippen Engineer: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	We're sifting through the wreckage of the world's largest IT outage.
0:07.0	Motley Full Money starts now. So, Everybody needs money.
0:27.0	money.
0:28.0	That's why they call it money.
0:30.0	The best thing in a life are free. but you can give them to the pros and
0:35.8	be the people. From Pool Global Headquarters, this is Motley Fool Money.
0:40.3	It's the Motley Full Radio Show. I'm Dylan Lewis. Joining me over the airwaves, Motley Full Money Radio Show. I'm Dylan Lewis.
0:42.8	Joining me over the airwaves,
0:43.8	Motley Full Senior,
0:45.0	Jason Moser and Matt Argusinger.
0:47.2	Fool's, great to have you both here.
0:48.9	Hey, hey, Dylan.
0:50.8	We've got some ideas for how to spot winners in the world of AI, a check-in on our endless
0:55.9	love for burritos and of course stocks on our radar. We're going to kick off though with one of the biggest
1:02.4	stories of the week, probably one of the biggest stories of the week,
1:03.3	probably one of the biggest stories of the year when it comes to the intersection of
1:08.1	tech and business. The global IT outage related to crowd strikes
1:13.0	updates started last week, but continued to dominate headlines
1:16.8	and travel schedules this week.
1:19.1	Matt, how did your trip home from Boston go this weekend?
1:22.0	Yes, let me briefly relive this nightmare that my son, my five-year-old son and I experience.
1:28.3	We flew to Boston last Thursday to visit my mom.
	...

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