Tech giant Cloudflare Inc. NYSE: NET found itself at the center of chaos on Tuesday, Nov. 18, when a global outage knocked many of the world's biggest companies and most used websites offline. OpenAI's ChatGPT, Shopify, and other major platforms were hit, reminding investors just how central certain enterprises' networks have become to the functioning of the modern internet.
Canadian Net Real Estate Investment Trust ( NET.UN:CA ) Q3 2025 Earnings Call November 19, 2025 9:00 AM EST Company Participants Kevin Henley - President, CEO & Director Charles Gazith - CFO, Secretary & Treasurer Conference Call Participants Zachary Weisbrod - Canaccord Genuity Corp., Research Division Presentation Operator Good morning. I would like to welcome everyone to Canadian Net REIT's 2025 Third Quarter Earnings Conference Call.
A widely used Internet infrastructure company said that it has resolved an issue that led to outages impacting users of everything from ChatGPT and the online game, "League of Legends," to the New Jersey Transit system early Tuesday.
Major U.S. equities indexes extended their slide Tuesday afternoon, amid worries about an AI bubble. The Dow Jones Industrial Average and Nasdaq were down about 1%, while the S&P 500 fell 0.6%.
Cloudflare (NET) stock has dropped by 20.2% in under a month, from $253.30 on 31st Oct, 2025 to $202.25 currently. What lies ahead?
Cloudflare (NYSE:NET) shares moved lower in early trade on Tuesday after the web application security and performance firm was hit by an outage that downed major websites, including social media app X, eCommerce platform Shopify and OpenAI's AI chatbot ChatGPT. A Cloudflare spokesperson said the company saw a “spike in unusual traffic” to one of its services at 6.20 am Eastern Time on Tuesday, which caused some of Cloudflare's global network services to experience errors, including widespread HTTP 500 errors.
The company's web security tools are invisible to users, but underpin many widely trafficked sites.
The cloud-service provider reported widespread outages, which affected sites including X and ChatGPT.
Cloudflare was hit by an outage that knocked several major websites and services offline for global users. OpenAI's ChatGPT and Elon Musk's social media platform X appear to have been affected by the Cloudflare issues.
As services like X and ChatGPT experience disruptions, attention turns to Cloudflare, the $70 billion company that helps route network traffic behind the scenes.
Social media platform X was down for thousands of users in the US, according to Downdetector.
Recently, Zacks.com users have been paying close attention to Cloudflare (NET). This makes it worthwhile to examine what the stock has in store.