A family of Microsoft spreadsheet software with tools for analyzing, charting, and communicating data.
I faced the similar issue yesterday and I believe the issue is usually related to calculation settings or connection refresh
First, check Excel’s calculation mode. If it is set to Manual, formulas and linked data will not update automatically. You can verify this by going to Formulas → Calculation Options and making sure it is set to Automatic.
If your file uses external data (such as Power Query, web data, or linked workbooks), you may need to refresh it manually. Go to Data → Refresh All and confirm that the query or connection completes without errors. If the data source requires sign‑in, make sure you are still logged in and your credentials haven’t expired.
This worked for me!