Amazon Web Services (AWS), the backbone of much of the internet, has experienced its second major outage this month. Similar to the AWS outage on October 20, this one too appears to be widespread. Reports suggest disruptions across websites, apps, and cloud-based platforms. As reported by DownDetector, the incident started Wednesday (October 29) and it affected services ranging from e-commerce and social media websites to enterprise tools and streaming platforms. As per DownDetector, thousands of users reported issues accessing AWS-hosted services. The outage appeared to impact multiple regions, though AWS has disputed the extent of the disruption, stating, “AWS is operating normally and this reporting is incorrect.” The company urged users to rely on its official Health Dashboard for accurate service status.
On other news, Shell stock rallied upwards :
Shell Beats Profit Estimates, Launches $3.5 Billion Share Buyback
Shell reported stronger-than-expected third-quarter earnings of $5.4 billion, surpassing analyst forecasts and supported by solid operational performance and trading strength.
The energy major announced a new $3.5 billion share buyback program over the next three months—its 16th consecutive quarter of repurchases exceeding $3 billion.
Although adjusted earnings fell nearly 10% year-on-year, Shell’s results highlighted improved cash flow discipline, with net debt reduced to $41.2 billion.
Year-to-date, Shell’s shares have gained over 16%, outperforming peers as investors reward its consistent shareholder returns and resilient performance amid a softer crude price environment.
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