Microsoft Azure suffered a major global outage on 29th October 2025, disrupting services across industries and platforms

Microsoft outage

Microsoft Azure experienced a widespread outage on 29th October, beginning around 16:00 UTC, which affected thousands of users and businesses globally.

The disruption stemmed from issues with Azure Front Door, Microsoft’s content delivery network, and cascaded into failures across Microsoft 365, Xbox, Minecraft, and numerous third-party services reliant on Azure infrastructure.

Major retailers such as Costco and Starbucks, as well as airlines including Alaska and Hawaiian, reported system failures that hindered customer access and internal operations.

Users struggled with authentication, hosting, and server connectivity, with DownDetector logging a surge in complaints from 15:45 GMT onwards.

Microsoft acknowledged the problem on its Azure status page, attributing the outage to a suspected configuration change.

Full service restoration was achieved by about 23:20 UTC, though the timing coincided awkwardly with Microsoft’s Q1 FY26 earnings report, where Azure was reportedly highlighted as its fastest-growing segment.

The incident underscores the critical dependence on cloud infrastructure and raises questions about resilience and contingency planning.

As businesses increasingly migrate to cloud platforms, the ripple effects of such outages become more pronounced, impacting not just productivity, but public trust in digital reliability.

AWS has also experienced outage issues recently.

Nvidia has become the first company in history to surpass a $5 trillion market valuation, marking a seismic shift in global tech leadership

Nvidia at $5 trillion Valuation

In October 2025, Nvidia’s stock surged past $207 per share, lifting its market capitalisation to $5.06 trillion. Once a niche graphics chip maker, Nvidia now powers the backbone of artificial intelligence worldwide.

CEO Jensen Huang confirmed over $500 billion in chip orders and plans for seven U.S. supercomputers.

This milestone, reached just three months after crossing $4 trillion, places Nvidia ahead of Microsoft and Apple, cementing its dominance in the AI era and redefining the future of computing.

Nvidia one-year chart as of October 2025

Nvidia one-year chart as of October 2025 passes $5 trillion Market Cap

The U.S. Federal Reserve has cut interest rates by 0.25%, lowering the federal funds rate to a range of 3.75%–4.00%

U.S. interest rate cut October 2025

This marks the second consecutive cut in 2025 amid economic uncertainty and a government data blackout.

In a move aimed at supporting growth, the Federal Reserve reduced its benchmark interest rate by 0.25% following its October policy meeting.

The decision, reportedly backed by a 10–2 vote from the Federal Open Market Committee, reflects growing concern over a weakening labour market and subdued consumer confidence.

Chair Jerome Powell acknowledged the challenges posed by the ongoing U.S. government shutdown, which has delayed key economic reports.

With official data frozen, the Fed relied on private indicators showing a slowdown in hiring and modest inflation. The Consumer Price Index rose just 3% year-on-year, below the Fed’s long-term target.

While the rate cut aims to ease borrowing costs and stimulate investment, Powell cautioned against assuming further reductions in December.

He emphasised that future decisions would depend on incoming data and evolving risks. It is not a done deal.

The Fed also announced plans to end quantitative tightening (QT) by 1st December 2025, signalling a broader shift towards monetary easing.

Markets responded cautiously, with investors weighing the implications for growth, inflation, and the Fed’s credibility.

Markets, after a short rally during the week, were subdued after the announcement.

AI is still the bull run driver