This appears to be resolved, but we are continuing to monitor.
Reports of performance issues began July 7th around 11 am EST.
User reports are indicating performance issues with SharePoint Online causing slowness; however, there's no current update yet from Microsoft.
Summary of Impact
We are getting reports of Akumina sites not loading with a configuration error displaying.
You can find up-to-date status directly from Microsoft in your admin center. https://status.office365.com/
July 8, 2021 - 8:14 am EST