Overview
- Amazon said a DynamoDB issue in its Virginia region triggered roughly 15 hours of degraded service before all systems were restored by 6 p.m. ET on Monday.
- Apps including McDonald’s, Robinhood, Snapchat, Canva, Coinbase, and Duolingo saw errors, yet Amazon stock rose 4.2% across Monday and Tuesday and held a modest week‑to‑date gain after a Wednesday pullback.
- Commentators such as Jim Cramer framed the stock’s bounce on bad news as a possible sign of bottoming, though the durability of that move remains tied to upcoming earnings.
- D. A. Davidson and other analysts said refunds could slightly dent the quarter but see limited financial damage and low churn risk given high switching costs, even as rivals may use the incident in sales conversations.
- The outage revives scrutiny of AWS growth that trailed Microsoft Azure and Google Cloud in Q2 (~17.5% vs. 26% and 32%), while investors weigh reports of major automation savings, a Bernstein Buy rating with a $250 target, and Q3 results on Oct. 30 after Microsoft and Google report on Oct. 29.