BUZZ - Microsoft shares fall as system outage persists for over 12 hours

November 13 - ** Microsoft MSFT.O shares fell 2.4% premarket to $510.38, as the company is (link) dealing with one of its most serious system outages

** Among the "Magnificent Seven" tech firms, Microsoft is the only one whose share price has declined

** As of Friday, Microsoft's Outlook, Teams, and Copilot remained offline, with the disruption lasting more than 12 hours, hindering communications for enterprises and governments worldwide

** Microsoft attributed the outage to server issues and said it found no evidence of malicious activity

** In the latest update, the company stated that after implementing broader fixes to restore service, systems are showing signs of stabilizing

** The outage affected government agencies in Australia, Japan, and the United States, trading companies, corporate earnings releases, as well as communications for airlines

** This is the second interruption of Microsoft 365 services this year

** eToro analyst Josh Gilbert noted that while customers cannot easily switch providers overnight, repeated Microsoft 365 outages may prompt companies to reconsider their dependence on the Microsoft ecosystem

** As of the previous trading day close, Microsoft (MSFT) shares were up over 8%

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