Wall Street Breakfast Cloudflare outage hamstrings internet
11 snips
Nov 18, 2025 A significant outage from Cloudflare disrupted major apps like ChatGPT and X, highlighting vulnerabilities in online infrastructure. Home Depot reported weaker sales, attributing it to no storms affecting demand. Google CEO Sundar Pichai raised concerns about a potential AI investment bubble. Meanwhile, Goldman Sachs released a list of top stocks poised to benefit from AI productivity. Overall, the conversation shed light on market reactions and the evolving landscape of tech and retail.
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Widespread Cloudflare Outage Impact
- Cloudflare's outage caused widespread 500 errors that disrupted major apps like X and ChatGPT.
- The company saw an unusual traffic spike around 11:20 UTC that elevated errors while investigating root cause.
S&P Breaks 50-Day After Long Run
- The S&P 500 closed below its 50-day moving average for the first time in 139 sessions, marking the second longest streak this century.
- Historical data shows such breaks often resolve quickly, taking on average eight days to reclaim the level with about a 1% max drawdown.
Home Depot Cites Weather For Weak Quarter
- Home Depot missed expectations and blamed the shortfall largely on a lack of storms affecting certain categories.
- CEO Ted Decker still guided to a 3% total sales increase for the year, up from a prior 2.8% view.