Cloudflare When it comes to keeping web applications up and running smoothly, Cloudflare (NYSE: NET) is one of the most important companies in the world. The tech leader provides content-delivery-network (CDN) and domain-name-server (DNS) services, protection against distributed denial of service (DDoS) attacks, and a variety of other cloud-based services that help keep internet communications fast and efficient. With inflation at the highest level it's been in decades, the Fed gearing up to raise interest rates, and the economic outlook clouded by pandemic-fueled uncertainty, multiple factors spell trouble for growth stocks.