Google Cloud and Cloudflare (NET) Get Hit with Thousands of Outages

Tech companies Google Cloud (GOOGL) and Cloudflare (NET) are currently investigating widespread outages that are disrupting access to multiple websites and services across various regions. Cloudflare first reported the problem this afternoon by noting authentication failures with its Access service and connectivity issues with its Zero Trust WARP product. In an update, Cloudflare said that several services are experiencing intermittent failures, and the company is working to assess the full impact across individual services.

Cloudflare listed several affected services, including Access, WARP, Durable Objects (SQLite-backed only), Workers KV, Realtime, Workers AI, Stream, Waiting Room, parts of the Cloudflare dashboard, AI Gateway, and AutoRAG. Meanwhile, Google Cloud also confirmed that service disruptions are impacting products such as Bigtable, Console, Dataproc, Storage, Cloud Data Fusion, Cloud Memorystore, Cloud Shell, Cloud Workstations, Identity Platform, Vertex AI Search, and Identity and Access Management. Google said that its engineering team has been investigating the issue since 10:51 a.m. PDT on June 12.

It’s worth noting that outage tracking site Downdetector has recorded tens of thousands of user reports related to these incidents, with many customers experiencing problems connecting to Cloudflare and Google Cloud servers, websites, and hosted services. In addition, while not confirmed to be linked to the Cloudflare and Google outages, many other platforms—including Spotify (SHOP), Discord, AWS (AMZN), and Firebase Studio—have also seen a spike in user-reported access issues.

Which Stock Is the Better Buy?

Turning to Wall Street, analysts think that GOOGL stock has more room to run than NET. In fact, GOOGL’s price target of $199.11 per share implies more than 13% upside versus NET’s 9.6% in downside risk.

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