An Internet Disaster - NET & GOOGL Fall

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An Internet Disaster - NET & GOOGL FallCloudflare, Inc.BATS:NETTrading-CapitalAs of Thursday, June 12, 2025, a significant internet outage has disrupted services across multiple major platforms, including Google, Amazon Web Services (AWS), Spotify, YouTube, Discord, and Shopify. Cloudflare acknowledged experiencing intermittent failures and noted that some services were beginning to recover, though users may continue to encounter errors as systems stabilize. The root cause of the disruption has been identified as an issue with Google Cloud's Identity and Access Management (IAM) service, which affected various services globally. While Cloudflare's core services were not directly impacted, some of its services relying on Google Cloud experienced issues. Imagine how far Net could've fallen if IGV / Cloud stocks weren't strong today.