As of 11:55:34 UTC on 2023-02-02, according to Microsoft nothing is going on, it's all good for now.
The last update was eight days ago:
2023-01-25 00:01:38: "We're investigating issues impacting multiple Microsoft 365 services. More info can be found in the admin center under MO502273."
About this site...
Every 10 minutes, this site retrieves the most recent posts from @msft365status's Twitter feed and scans for any outage alerts. All replies made by @msft365status to itself are also retrieved, while replies from other users are discarded. These replies are then displayed as a timeline of updates to an eventual resolution. Note that all times and dates are UTC -07:00.