Stocks slide, CrowdStrike plummets on global tech outage: Yahoo Finance

The three major indexes are all trading lower as investors rotate out of Big Tech names. One of the biggest movers is CrowdStrike , whose stock is plummeting after the company's recent software update impacted some Microsoft systems creating a global tech outage. Yahoo Finance trending tickers include Palo Alto Networks , American Express Company , and Intuitive Surgical .3:45 p.m. ET Fred Voccola, Kaseya CEONetflix is ending basic $11.

Netflix is canceling its $11.99 monthly basic subscription for streaming without ads. Subscribers will need to opt for another option.The Bank of Canada will cut its overnight interest rate on Wednesday by 25 basis points to 4.50% amid expectations that inflation will continue to fall, according to a large majority of economists polled by Reuters.

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