Despite a lagging Amazon Web Service outage that affects many websites and online services, Amazon (NASDAQ:AMZN) stocks surged 3.1% on Tuesday.

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Although the strong performance might seem like peculiar behavior given the widespread nature of the outage, it reflects that Amazon has endured cloud outages before.  

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Not all past outages have slowed the growth of the service that currently generates revenue at a more than $60 billion annual rate.

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Notably, AWS already had revenues of $16.1 billion in the September quarter, up 39% year-over-year and more than Wall Street estimates at $15.5 billion.

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The AWS service, the largest cloud-computing provider in the US, allows customers and many large corporations to rent computing, storage, and network capabilities.  

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It appears that the outage is affecting many websites including, Coinbase, Tinder, and Zoom Video Communications.

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On Tuesday, AWS said it began investigating increased error rates and console issues in the US-East-1 region but that customers might have access to consoles in other areas.

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Amazon did not respond to questions about the outage but instead directed customers to its AWS status webpage.

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The company said the outage was related to network devices and linked to the application programming interface, or API, a set of protocols for building and integrating application software.  

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It is unclear how long the company expects the outage to continue.  According to vice president, Sid Nag at research firm Garter Inc., cloud service outages are not uncommon.

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However, they have become more noticeable over the past few years as more companies migrated to these major cloud platforms.

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And considering there are so few cloud platforms to choose from, it is inevitable that products built on the cloud will experience some form of outages, Nag said.  

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The cloud infrastructure market is owned by 90% of the top five players, with Amazon far in the lead. Alphabet Inc.’s Google, as well as Microsoft Corp., are also significant providers of cloud services.

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