- An outage of Microsoft Corp (NASDAQ:MSFT) Azure cloud services impacted multiple Microsoft 365 services, including Teams, Exchange Online, Outlook, SharePoint Online, OneDrive for Business, and Microsoft Graph.
- Many users complained about not being able to use the Teams application or join calls.
- Microsoft Teams app is used by 280 million users globally, Reuters reports.
- Microsoft identified a potential networking issue and reviewed telemetry to determine the following troubleshooting steps.
- Downdetector disclosed 1,189 outages at 2:35 a.m. in India. Users mostly faced issues accessing the website and the app.
- Outage reports also spiked in Japan, Australia, Britain, and the United Arab Emirates.
- Price Action: MSFT shares traded lower by 2.44% at $236.13 premarket on the last check Tuesday.
- Photo by Rainer Stropek via Flickr
Crude Oil Rises Over 2%; Target Earnings Top Expectations
U.S. stocks traded higher midway through trading, with the Dow Jones gaining more than 100 points on Wednesday.
The Dow traded up 0.31% to 33,115.24 while the NASDAQ rose 0.30% to 12,379.47. The S&P 500, also rose, gaining, 0.34% to 4,123.96.
