AWS Disruption; Boeing Pops; Beyond Meat Meme Stock
On this episode of Stock Movers:
- Amazon (AMZN) shares are moving up and down following an AWS disruption. Amazon Web Services said its cloud service had recovered significantly after a disruption on Monday. The disruption was caused by a problem with a regional gateway on the US East Coast, and "most requests should now be succeeding." The issue affected a range of customers, including government agencies, AI companies, financial platforms, and other sites such as Coinbase, Robinhood, and Tottenham Hotspur.
- Boeing (BA) is higher as the company secured the backing of US aviation regulators to raise production of its 737 jetliner to 42 jets a month. The Federal Aviation Administration conducted extensive reviews of Boeing's production lines to ensure the production rate increase will be done safely.
- Liberty Energy (LBRT) is popping as oil frackers enter the data center power trade.
- Beyond Meat (BYND) is up as the meme stock frenzy drives the stock higher. It comes after Beyond Meat's shareholder wipeout last week.
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