2024-07-27 02:38:22
Microsoft shares fell 2.96% in premarket trading to $427.35, according to NASDAQ data, Day.Az reports, citing RBC.
The fall in quotations followed a global outage of devices running Windows. Due to a large-scale failure in the operation of the Microsoft Azure cloud platform, global airlines and airports warned of problems in operation and possible delays.
The London Stock Exchange was also affected by the global outage. The site’s website reports that news publications have been suspended. Other LSE services are operating normally.
As the Register writes, the failure of Windows devices is related to an error in the update from the information security solutions provider CrowdStrike. CrowdStrike Holdings shares fell by 14% at 12:23 Baku time, to $295.03, according to NASDAQ data.
Microsoft said customers in the central U.S. region may experience issues with several services in Azure, Microsoft’s cloud computing platform, and the Microsoft 365 suite of applications. The company warned of “interruptions in service management operations and service connectivity or availability.” Microsoft later said it had identified the root cause and most services had been restored. However, the issue has not yet been fully resolved.
“The issue could impact any user trying to use various Microsoft 365 apps and services,” the corporation said.
International airlines are also experiencing problems amid news of the Windows crash. The US Federal Aviation Administration says all Delta, United and American Airlines flights have been grounded due to “communications issues.” In the UK, rail services have been affected by the crash. According to ABC News, the UK’s Sky News channel has been taken offline.
Channel 12 of Israeli television reported that hospitals, banks, post offices, and emergency response systems in Israel were experiencing technical problems.
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