The sad thing is - $MSFT isn't even down by 1%. And IIRC, $AMZN actually went up during their previous outage.
So if we look at these companies' bottom lines, all those big wigs are actually doing something right. Sales and lobbying capacity is way more effective than reliability or good engineering (at least in the short term).
I think he was implying that those companies think they are so important that it doesnt matter they are down, they wont loose any customers over it because they are too big and important.
That's a good thing. Stock prices shouldn't go down because of rare incidents which don't accurately represent how successful a company is likely to be in the future.
I looked into this before and the stocks of these large corps simply does not move when outages happens. Maybe intra-day, I don't have that data, but in general no effect.
So if we look at these companies' bottom lines, all those big wigs are actually doing something right. Sales and lobbying capacity is way more effective than reliability or good engineering (at least in the short term).