Cloudflare stocks saw a significant decline of 3.96%, dropping to $202.25, as major internet platforms like X, ChatGPT, Tinder, and OpenAI faced widespread outages on Tuesday. With over 5,600 outage reports logged for X by 6:51 AM ET, Cloudflare’s stock fell 4.1% in premarket trading, according to Mirror US. The company acknowledged issues affecting multiple customers, noting widespread 500 errors and failures in its Dashboard and API. By 11:48 UTC, Cloudflare recognized the disruptions in its global network and is actively working to understand and mitigate the impact. Users encountered messages urging them to unblock challenges from Cloudflare to proceed, while monitoring platform Down Detector also reported internal server errors. Affected services spanned a wide array, including popular websites like bet365, OpenAI, and various cryptocurrency platforms, resulting in a significant impact across the digital landscape. Further updates from Cloudflare are expected soon.
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