Amazon says Web Services are recovering after outage hits millions of users – business live

Fortnite, Roblox, SnapChat, Lloyds Bank, Ring doorbells and Amazon’s own shopping site among services hit by online outage

Full story: Amazon Web Services outage hits dozens of websites and apps

Heads-up: UBS have upgraded their view on global equities to ‘attractive’, a sign that they think investors should be putting more money into shares.

Despite the angst in parts of the market that valuations have risen too high, UBS reckon share prices have further to climb.

“We think investors should review current allocations to equities and ensure they are at least consistent with, or modestly higher than, their long-term strategic asset allocation targets. If investors are currently under allocated to equities, we believe they should reallocate excess cash, bond, or high yield credit holdings toward stocks.”

“We prefer areas that are exposed to secu­lar growth, like the US, China, (particularly China’s tech sector, which we rate among the Most Attractive sectors globally), as well as global technology, transformational inno­vations (AI, Power and resources, and Longevity), and pockets with clear catalysts that could drive earnings upgrades (Japan and global banks).”