Amazon AWS services experience large-scale outage, thousands of users report errors, Coinbase and Robinhood both affected.

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On Monday morning Eastern Time, A massive service outage occurred at Amazon Web Services (AWS), the world’s largest cloud service provider, affecting numerous companies including financial trading platforms and tech firms.

AWS confirmed on its health status dashboard that multiple services in the US East-1 region (US-EAST-1) experienced increased error rates and latency. According to data from Downdetector, user complaints surged after 7:30 AM London time, with thousands of users reporting service anomalies.

As a result, cryptocurrency trading platform Coinbase and stock trading app Robinhood both reported that their services were impacted, and AI company Perplexity also encountered website stability issues. As a provider that occupies about one-third of the global cloud computing market, any AWS outage triggers significant ripple effects.

An Amazon spokesperson said the company is still investigating the incident but declined to comment further.

Services of Multiple Fintech Platforms Affected, Impact Could Expand to Gaming and Corporate Communications

Cryptocurrency trading platform Coinbase and retail investment app Robinhood publicly stated that the AWS outage is affecting their service operations. AI search company Perplexity also confirmed that the outage is impacting its website’s stability. Outages at these fintech platforms could directly affect investors’ ability to execute trades and access accounts.

According to Downdetector data, user complaints for several other websites also soared, likely related to the AWS outage. These sites include popular gaming platforms Roblox and Fortnite, as well as enterprise communications service Slack, indicating that the outage spans multiple sectors including consumer, entertainment, and corporate operations.

As the world’s largest cloud service provider, AWS supports much of the internet’s infrastructure, holding about a third of the market share. Such market dominance means that any service disruption can have widespread cascading effects, impacting countless businesses and end users who rely on its infrastructure.

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