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Technology Stocks : Semi Equipment Analysis
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From: Sam7/20/2022 6:56:02 AM
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Google, Oracle Data Centers Suffer Outages Hit By Record Heat Wave In Britain
BENZINGA 6:47 AM ET 7/20/2022

Symbol Last Price Change
114.62 0 (0%)
72.24 0 (0%)
259.53 0 (0%)
151 0 (0%)
QUOTES AS OF 04:00:00 PM ET 07/19/2022

  • Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL)Google and Oracle Corp's (NYSE:ORCL)London data centers buckled on July 19 after a record-setting heat wave hit Britain, knocking some websites offline, Bloomberg reports.
  • Both companies cited problems with "cooling systems" for causing the outages.
  • Google acknowledged powering down some parts of its cloud services "to prevent damage to machines and an extended outage."
  • Several hours later, Google still listed some of its cloud services as down in the region.
  • The WordPress web-hosting service held the Google outage responsible for knocking out its service in Europe.
  • Temperatures topped 40 degrees Celsius (104 degrees Fahrenheit) in the U.K. when fires broke out across London.
  • Lately, reports indicated that global Microsoft Corp (NASDAQ:MSFT) Azure data centers operated with limited server capacity amid a worldwide supply crisis.
  • Microsoft's struggle to fill its data centers with hardware follows a surge in cloud demand at the outset of the pandemic.
  • In December, Inc (NASDAQ:AMZN) Amazon Web Services suffered its third major outage in a matter of weeks last month, affecting millions of people.
  • Apple Inc (NASDAQ:AAPL) iCloud, Microsoft Azure, and Google Cloud were among the technology vendors to experience major cloud outages in 2022.
  • Price Action: ORCL shares closed higher by 3.22% at $72.47 on Tuesday. GOOG shares traded higher by 0.03% at $114.65 in the premarket on the last check Wednesday.
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