STOCK TITAN

Cloudflare Inc - NET STOCK NEWS

Welcome to our dedicated page for Cloudflare news (Ticker: NET), a resource for investors and traders seeking the latest updates and insights on Cloudflare stock.

Cloudflare Inc. (NET) provides a global cloud platform delivering security, performance, and reliability solutions for web properties. Track the latest company developments through this centralized hub featuring official announcements and market analysis.

This resource offers investors and technology professionals timely access to Cloudflare's strategic moves, including product innovations, cybersecurity initiatives, and infrastructure expansions. Find curated updates on network enhancements, partnership agreements, and leadership changes impacting the web services sector.

Key coverage areas include quarterly earnings disclosures, security threat responses, content delivery network upgrades, and edge computing advancements. All content is sourced from verified corporate communications and reputable financial analysis.

Bookmark this page for streamlined monitoring of Cloudflare's evolving market position and technological leadership in internet infrastructure solutions. Check back regularly for authoritative reporting on NET's progress in securing and accelerating digital experiences worldwide.

Rhea-AI Summary

Cloudflare, Inc. (NYSE: NET) announced it will report its financial results for the third quarter ending September 30, 2022, after market close on November 3, 2022. An investor conference call will take place at 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss the results. Interested parties can join the call by dialing (877) 400-4517 or (332) 251-2620 internationally. A live webcast will also be available on the Cloudflare investor relations website, with a replay accessible for about 30 days afterward.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.23%
Tags
-
Rhea-AI Summary

Cloudflare (NYSE: NET) announced a collaboration with Yubico to enhance cybersecurity for its customers through exclusive access to Yubico's security keys. The offering aims to provide affordable, phishing-resistant multi-factor authentication (MFA) solutions, with prices starting as low as $10. Organizations can also benefit from a 50% discount on the first year of a multi-year subscription for larger clients. This initiative aligns with Cloudflare's Zero Trust security model, which requires verification from all users attempting to access its network.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.61%
Tags
none
-
Rhea-AI Summary

Cloudflare (NYSE: NET) has launched Turnstile, an innovative API that replaces CAPTCHAs and enhances online user experience. This new solution is designed to save approximately 500 years of time daily by validating human presence without the tedious challenges of traditional CAPTCHAs. Turnstile leverages browser signals and Private Access Tokens to ensure privacy while maintaining high solve rates. Notably, Cloudflare has reduced its CAPTCHA usage by 91% and decreased user interaction times from an average of 32 seconds to just 1 second.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.81%
Tags
none
Rhea-AI Summary

Cloudflare has been recognized as a Leader in The Forrester Wave™: Web Application Firewalls, Q3 2022 report. The company's WAF solutions received the highest score in 10 criteria, including Innovation and Community. The report commended Cloudflare for its custom rule flexibility and excellent user interface, highlighting its capability to effectively secure APIs and web applications. Cloudflare's extensive global network processes over 36 million HTTP requests per second, enhancing its ability to protect against sophisticated cyber threats.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.81%
Tags
none
-
Rhea-AI Summary

Cloudflare (NYSE: NET) has launched the Workers Launchpad Funding Program, in partnership with 26 venture capital firms, to provide up to $1.25 billion in financing for startups using its serverless computing platform, Cloudflare Workers. The program aims to support the development of scalable applications and offers eligible startups potential cash investments and mentorship. With over 500,000 developers and more than 3 million applications built since 2017, Cloudflare seeks to empower entrepreneurship in the tech space.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.02%
Tags
none
-
Rhea-AI Summary

Cloudflare has launched the Zero Trust SIM, a groundbreaking solution that secures every packet of data from mobile devices. This development allows organizations to connect employee devices securely to Cloudflare’s network and integrate with its Zero Trust platform. Alongside this, the Zero Trust for Mobile Operators program enables carriers to offer mobile security tools seamlessly. The Zero Trust SIM employs eSIM technology for swift deployment and enhanced security against SIM-swapping attacks.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
none
Rhea-AI Summary

Cloudflare, Inc. (NYSE: NET) has expanded its Data Localization Suite to Australia, India, and Japan. Businesses in these regions can now manage their data localization needs while benefiting from Cloudflare's security and performance. This move addresses compliance challenges arising from new data protection laws, allowing companies to control traffic servicing and deploy serverless applications locally. Cloudflare’s global network supports over 275 cities, providing faster and safer services while aligning with international security certifications.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.6%
Tags
none
-
Rhea-AI Summary

Cloudflare, Inc. (NYSE: NET) has announced the general availability of its Cloudflare R2 Storage, a distributed object storage service that eliminates egress costs for developers. This service allows seamless migration from S3-compatible APIs, enabling developers to focus on innovation without financial burdens from high storage fees. The initial beta attracted over 11,000 developers, and R2 aims to be at least 10% cheaper than S3 Standard. With R2, users can enhance application performance and reduce costs significantly by avoiding vendor lock-in and egress fees.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.77%
Tags
none
-
Rhea-AI Summary

Cloudflare (NYSE: NET) has launched its Cloud Access Security Broker (CASB) and Data Loss Prevention (DLP) services as part of its Zero Trust platform. These tools enhance visibility and control over corporate SaaS applications, addressing increased security challenges faced by businesses using more cloud-based services. In the past 90 days, CASB has detected over five million cases of potential data oversharing. The integrated CASB and DLP services aim to protect sensitive data and prevent insider threats while ensuring quick deployment and minimal disruption to productivity.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
none
Rhea-AI Summary

Cloudflare has been named a Leader in the Gartner Magic Quadrant for Web Application and API Protection (WAAP) for the first time. The recognition highlights Cloudflare's robust capabilities in executing and its vision completeness, amidst a competitive landscape of 11 vendors. CEO Matthew Prince emphasized their significant investment in API protection, noting that over half of their network traffic pertains to APIs. The company has enhanced its threat intelligence and introduced various client-side protection measures.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.22%
Tags
none
Cloudflare Inc

NYSE:NET

NET Rankings

NET Stock Data

37.23B
307.49M
0.75%
88.19%
2.11%
Software - Infrastructure
Services-prepackaged Software
Link
United States
SAN FRANCISCO