AWS (AMZN) Outage Affects FanDuel and Coinbase Trading Services
Published on · Source: cnbc.com
AI Summary
Summarized by AI from the source belowAmazon Web Services (AMZN) experienced an operational outage attributed to overheating at a data center in the US-East-1 region, affecting trading on platforms like FanDuel and Coinbase. The incident was first reported on Thursday, and AWS stated that full recovery was expected to take several hours. FanDuel acknowledged issues that hindered user access, while Coinbase confirmed that multiple AWS zones caused core trading service outages. AWS contributes to approximately one-third of the market for cloud infrastructure technology, highlighting its significant role in the tech ecosystem.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
About Amazon.com Inc. (AMZN)
Amazon is the largest U.S. e-commerce retailer and, through Amazon Web Services (AWS), the leading cloud-infrastructure provider, with growing advertising and logistics arms.
The Consumer Discretionary sector covers retailers, automakers and leisure companies whose sales rise and fall with consumer confidence.
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