Cloudflare outage breaks internet
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Cloudflare, Inc. (NET) Is a Trending Stock: Facts to Know Before Betting on It
Cloudflare (NET) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. Over the past month,
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, leverages this network by providing clients the ability to deploy and execute code without maintaining servers.
Cloudflare delivered strong Q3 FY25 results, with accelerated revenue growth and robust $100K+ customer momentum. Read why NET stock is a Hold.
Cloudflare, Inc. shares moved sharply lower in premarket trading on Tuesday after a major outage disrupted some of the world’s most widely used internet platforms. According to multiple reports, apps including X, ChatGPT, PayPal, and Uber experienced widespread 500 errors tied to Cloudflare’s infrastructure.
Whenever a major cloud provider has an outage, we are reminded how dependent we are on the internet, and that a very small number of companies control the majority of it. The last AWS outage lasted significantly longer than most people,
Cloudflare's revenue growth was above 30% YoY, defying a weak macro environment and benefiting from AI-driven demand. Read why I upgrade NET stock to Hold.
As of the latest update, Cloudflare has managed to restore services fully. Users most affected ranged from OpenAI’s ChatGPT, Elon Musk’s X, and various online gaming platforms. This is to be expected given that Cloudflare’s Content Delivery Network (CDN) service is used by 20.4% of all the world’s websites, according to Tuesday’s W3Techs’ data.