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Global tech outage hits financial services companies, including Charles Schwab - TL;DR CNBC

Global tech outage hits financial services companies, including Charles Schwab

Publishing timestamp: 2024-07-19 14:02:18


Summary

Some investors experienced disruptions at financial services companies like Charles Schwab due to a faulty software update from CrowdStrike. Vanguard and Fidelity did not show significant outage reports. Charles Schwab warned users about duplicate trades and slow online functionality. Vanguard and Fidelity stated that their operations were not impacted.


Sentiment: NEUTRAL

Tickers: SCHW

Keywords: investment strategypersonal savingcharles schwab corpbusiness newsbreaking news: investingwealthpersonal investingpersonal financeretirement planning

Source: https://www.cnbc.com/2024/07/19/global-tech-outage-hit-financial-services-company-charles-schwab-.html


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