Verizon stock slides as outage likely caused AWS, Google service issues in Northeast U.S.

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Verizon tops earnings expectations, gives upbeat profit outlook


Verizon Communications Inc. shares declined Tuesday after Amazon.com Inc.’s Amazon Web Services said connectivity issues at an external internet provider were responsible for reported outages and internet issues affecting popular services such as Alphabet Inc.’s Google products spread in the northeastern U.S.

At around 11:15 a.m. Eastern, AWS
AMZN,
+1.08%
,
Google
GOOG,
+1.07%

GOOGL,
+0.84%

services, Gmail, and Verizon
VZ,
-3.40%

all started seeing spikes in outage reports concentrated from Boston to Washington, D.C., according to Downdetector.com.

Meanwhile, on Twitter, Verizon Support’s account responded to a reported outage by indicating there was “a fiber cut in Brooklyn [N.Y.]” and that technicians were working to resolve it as soon as possible. Verizon has yet to respond to MarketWatch’s request for comment.

Verizon shares were down 3.3% at $56.48 at last check, while the Dow Jones Industrial Average
DJIA,
+0.09%
,
of which Verizon is a component, was up 0.1%. Shares of other large internet service providers like AT&T Inc.
T,
+1.92%

and Comcast Corp.
CMCSA,
+1.60%

were up more than 1%.

Most recently, AWS’s service health dashboard said external network connectivity issues had been resolved and that “some customers experienced connectivity issues from the East Coast of the United States to AWS services” and that “All AWS services are operating normally at this time.”

Google’s workspace status dashboard showed no reports of outages at last check. “We are aware of reports regarding issues affecting access to some Google products, but have not found issues with our services,” a Google spokesperson told MarketWatch in emailed statements. “We’re continuing to investigate.”

An Amazon spokesperson pointed MarketWatch to its status blog.





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