In a shocking turn of events, tech giants **Google Cloud** (GOOGL) and **Cloudflare** (NET) are currently grappling with **widespread outages** that are affecting access to numerous **websites and services** across a variety of regions. The troubles began this afternoon when Cloudflare identified **authentication failures** with its Access service, as well as **connectivity issues** related to its Zero Trust WARP product. In subsequent updates, Cloudflare noted several services facing **intermittent failures**, revealing an ongoing assessment of the full impact on its offerings.
Navigating the Storm of Disruptions
Cloudflare outlined a host of affected services, including **Access**, **WARP**, **Durable Objects** (SQLite-backed only), **Workers KV**, **Realtime**, **Workers AI**, **Stream**, **Waiting Room**, sections of the **Cloudflare dashboard**, **AI Gateway**, and **AutoRAG**. On the other side, **Google Cloud** also confirmed its disruptions, affecting key 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’s engineering team has been on the case since **10:51 a.m. PDT** on June 12, highlighting their expedited troubleshooting efforts.
Meanwhile, the outage-tracking site **Downdetector** has documented tens of thousands of user reports concerning these incidents, with numerous customers struggling to connect to **Cloudflare** and **Google Cloud** servers, as well as hosted services. Alarmingly, while it remains unconfirmed, other major platforms—including **Spotify** (SHOP), **Discord**, **AWS** (AMZN), and **Firebase Studio**—have also experienced a **surge in user-reported access issues**, raising concerns over potential widespread systemic problems.
Which Stock Outshines the Other?
As investors watch closely, **analysts** suggest that **GOOGL** stock exhibits more potential for growth compared to **NET**. With a price target of **$199.11 per share**, **GOOGL** implies a **13% upside**, while **NET** is facing a **9.6% downside risk**. These insights highlight a compelling scenario for investors looking to make informed decisions amidst the current turmoil.
