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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., trading under the symbol NET, is a leading provider of web performance and security solutions. Founded in San Francisco, California, Cloudflare operates a highly-available global network that ensures websites function faster, are more secure, and are smarter. Catering to millions of websites, including those of large enterprises, major consumer destinations, and government agencies, Cloudflare has established itself as a critical player in the web infrastructure market.

Cloudflare’s core services include a distributed, serverless content delivery network (CDN) which accelerates the delivery of web pages to users. The company's edge computing platform, Workers, allows clients to deploy and execute code without the need to maintain servers, thereby enhancing flexibility and reducing operational overhead. This platform supports various programming languages like Nginx, Go, and Lua, and is a testimony to Cloudflare’s commitment to leveraging cutting-edge technology.

The company’s network serves hundreds of billions of page views per month and can reach 90% of the world’s population in less than 0.23 seconds. Cloudflare is also known for its robust security measures, having successfully defended against some of the largest DDoS attacks ever recorded. This extensive reach and resiliency make it a trusted name in web security.

Furthermore, Cloudflare is a strong supporter of the open-source community, regularly sharing its technological advancements and learnings via its blog. With offices in San Francisco and London, the company is on a mission to build a better web. They are actively seeking talented individuals to join their team and contribute to this mission.

In recent developments, Cloudflare continues to innovate and expand its offerings, forging new partnerships and enhancing its service capabilities. As a publicly traded company, Cloudflare's financial health and market performance are closely watched by investors and analysts.

Rhea-AI Summary
Hugging Face partners with Cloudflare to make deploying optimized Generative AI models more accessible and affordable for developers. Cloudflare becomes the first serverless GPU preferred partner for deploying Hugging Face models, allowing developers to deploy AI globally without managing infrastructure or paying for unused compute capacity. This partnership aims to deliver quality end-user experiences and scale AI apps from zero to global.
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Cloudflare collaborates with Microsoft to enable seamless deployment of AI models across devices, networks, and clouds
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Cloudflare joins MLflow as an active contributor to bridge the gap between model training and deploying inference on the edge
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Cloudflare introduces Workers AI, a platform for building AI applications on its network, providing fast and affordable inference without managing infrastructure. It aims to empower developers to build production-ready AI experiences efficiently and affordably. Cloudflare also introduces Vectorize, a vector database, and AI Gateway to enhance AI workflows and observability. These developments can positively impact Cloudflare's stock price as they cater to the growing demand for AI applications and provide cost-effective solutions.
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Cloudflare partners with Meta to make Llama 2 open source LLM available on Cloudflare's developer platform, Workers.
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Cloudflare introduces the concept of the connectivity cloud, a unified platform to help enterprises regain control over their technology and data.
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Switching enterprise network services to Cloudflare can cut carbon emissions up to 96%
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Cloudflare announces Cloudflare One Data Protection Suite, providing advanced security solutions to protect data across all environments.
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Cloudflare, Inc. (NYSE: NET) releases its 2023 Phishing Threats Report, highlighting the prevalence of phishing as the most dominant and fastest growing Internet crime. The report reveals that malicious links were the #1 threat category, comprising 35.6% of detected threats, and identity deception threats are on the rise, increasing YoY from 10.3% to 14.2% of total detections. The report also emphasizes the need for a Zero Trust solution that encompasses email security to combat this pervasive threat.
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Cloudflare introduces Project Cybersafe Schools, a new initiative aimed at improving cybersecurity for small K-12 public school districts in the United States. The program offers Zero Trust cybersecurity solutions at no cost and with no time limit to protect against cyber threats. Cloudflare blocked an average of 70 million cyberthreats each day targeting the U.S. education sector in Q2 2023. Eligible school districts can access cloud email security, data leak prevention, and improved Internet browsing experience through DNS filtering.
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FAQ

What is the current stock price of Cloudflare (NET)?

The current stock price of Cloudflare (NET) is $104.24 as of November 21, 2024.

What is the market cap of Cloudflare (NET)?

The market cap of Cloudflare (NET) is approximately 35.4B.

What does Cloudflare, Inc. do?

Cloudflare provides web performance and security solutions through a global network, making websites faster, safer, and smarter.

Where is Cloudflare headquartered?

Cloudflare is headquartered in San Francisco, California, with additional offices in London.

What is Cloudflare's edge computing platform?

Cloudflare’s edge computing platform is called Workers. It allows clients to deploy and execute code without maintaining servers.

How fast is Cloudflare’s network?

Cloudflare’s network can reach 90% of the world’s population in less than 0.23 seconds.

What are some of Cloudflare’s significant achievements?

Cloudflare has defended against some of the largest DDoS attacks ever recorded and serves hundreds of billions of page views monthly.

Why is Cloudflare trusted for web security?

Cloudflare incorporates robust security measures at every layer of its global network, ensuring strong protection against cyber threats.

Is Cloudflare involved in the open-source community?

Yes, Cloudflare is a strong supporter of the open-source community and regularly shares its technological advancements via its blog.

What programming languages does Cloudflare use?

Cloudflare's team works with leading technologies including Nginx, Go, and Lua.

Can individuals join Cloudflare’s mission?

Yes, Cloudflare is always looking for smart, talented people to join their team in building a better web.

What is Cloudflare’s stock symbol?

Cloudflare, Inc. trades on the stock market under the symbol NET.

Cloudflare, Inc.

NYSE:NET

NET Rankings

NET Stock Data

35.44B
303.93M
0.59%
86.43%
2.95%
Software - Infrastructure
Services-prepackaged Software
Link
United States of America
SAN FRANCISCO