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MASSIVE Internet Outage w/ HIDDEN REASON | Watch These Stocks.

5m 27s1,039 words157 segmentsEnglish

FULL TRANSCRIPT

0:00

folks we got to talk about this problem

0:01

with suggestions for you at the end of

0:03

the video hey have you noticed any

0:05

issues today with disney plus your ring

0:07

camera maybe even alexa don't say too

0:09

loud or even tinder not working what

0:12

about instacart or maybe you're trying

0:13

to get a dell tickets well that's

0:15

because amazon is screwing up without

0:17

giving us all the details about what the

0:19

heck is going on because on the east

0:21

coast we've got a whole server region

0:23

for amazon experiencing substantially

0:26

higher errors than usual you've got

0:29

issues associated now with coinbase

0:30

robin hood league pub g

0:33

destiny 2 you name it aws is

0:36

experiencing server issues and it's

0:37

having a ripple effect the outage began

0:39

today around at 10 30 a.m eastern time

0:42

and so far

0:43

amazon is kind of holding pretty tightly

0:45

to their chest what the heck is actually

0:47

going on now they say they know what the

0:50

answer is but take a look at the

0:52

disclaimers we're getting first of all

0:53

the disclaimers came in late they

0:55

haven't released a twitter update yet

0:57

they've been replying to people

0:58

individually saying they found the error

1:00

and they're working on it but the

1:02

biggest explanation they're giving in

1:03

they're giving right now is the root

1:06

cause of this issue is an impairment of

1:08

several network devices

1:10

what does that mean is it a hack usually

1:13

these amazon down like these these

1:15

amazon web service outages are very rare

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and when they happen they're big and

1:20

people like to know what the he double

1:22

hockey sticks is going on i mean look at

1:24

down detector just for example

1:26

you've had issues with amazon and aws

1:29

but most of the issues right now that

1:31

are being reported are actually alexa

1:33

not working anymore

1:35

ring lots of issues with ring the

1:37

mcdonald's app being down uh you had

1:39

adele they actually the adele pre-sale

1:42

tickets this was supposed to get moved

1:45

from i think it was 10 a.m this morning

1:46

to 2 p.m this afternoon because they

1:48

thought that the aws issue would get

1:50

cleared no they now delayed it another

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day and people have been waiting for

1:54

this day for like 10 years but anyway

1:57

you've got issues with venmo although

1:59

down detector is reporting a few less

2:01

now a lot of issues apparently with

2:02

coinbase coinbase just regularly seeming

2:04

to have issues

2:05

roku reporting issues

2:08

ancestry.com

2:10

netflix folks at one point netflix saw a

2:13

drop in usage today by 26

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snapchat skyrocketing right now reddit's

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even starting to show issues uh airbnb

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is starting to show issues i mean this

2:25

is just like a pandora and so this is

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leading some people to wonder hey what's

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this impairment of several network

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devices like was it a hack did something

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break was there a fire what can you tell

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us because what you're giving us right

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now isn't enough now at the same time

2:41

amazon stock was up like three percent

2:43

today so amazon stock wise didn't really

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care it's up 2.8 today but folks now

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let's talk about suggestions like what

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what do you do when situations like this

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happen well obviously first of all it's

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frustrating but one of the big things we

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got to pay attention to is the fact that

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deliveries with amazon might get

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backlogged over the next few days so

2:59

personally

3:00

i kind of recommend if you're delaying

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or thinking about delaying christmas

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ordering for christmas gifts or holiday

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gifts whatever you celebrate probably

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hop to it because right now there are

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reports that flex drivers can't even log

3:12

in to get assignments and the issue

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right now continues to get worse of

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course we hope that this issue resolves

3:18

itself very soon usa today also had a

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few recommendations they recommended

3:22

backing up all of your cloud storage

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onto physical hard drives as well so

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that way for some reason this ends up

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spreading to let's say google drive or

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icloud you have a backup of maybe some

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critical documents that you might need

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access to in the event there's ever a

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larger outage

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the same thing goes also by the way with

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contacts i thought this was an

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interesting recommendation that maybe

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you don't have all of your friends

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contact information because you just

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talked with them on instagram or

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facebook but what if those go down good

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idea to have a backup email address or

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phone number ideally for them as well

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i thought it was kind of interesting but

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as far as right now a lot of questions

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out there in terms of what's actually

4:00

happening here amazon and in my opinion

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this is probably good for cyber security

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stocks no guarantees yet if this comes

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out to have been determined to be some

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form of malicious act or hack i always

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think there's a very good chance you

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could end up seeing some sort of

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bump in the

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cyber security stocks two of my

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favorites by the way are crowdstrike

4:21

and

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net or cloudflare take a look at their

4:25

stock performance over the uh the last

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couple months here you've noticed you've

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had a little bit of a sell down right

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down to about may levels for crowdstrike

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so a little bit of an opportunity to get

4:35

in at a cheaper price the same is

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actually true for net

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net has had a decent date today but has

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fallen down substantially from its high

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of 221 sitting right now at 157 so it

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gives you potentially a couple of stocks

4:50

to look at in the event we have more

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issues with amazon and in the event that

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this particular issue ends up turning

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out to be some form of

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cyber risk and remember folks what does

5:01

drone powell tell us cyber risk is the

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number one risk our economy and banking

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system faces given the fact that you've

5:07

got zell

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and venmo and cash app and chime

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experiencing issues

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maybe they're not wrong even the

5:16

mcdonald's app is experiencing issues

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let me know in the comments down below

5:19

what kind of issues are you having today

5:21

i know i can't get my alexa to play

5:23

music and that's annoying

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