What happened Shares of Fastly (NYSE: FSLY) are climbing on Tuesday, as investors grow increasingly excited about the cloud service provider's growth prospects. As of 11:30 a.m. EDT, Fastly's stock was up more than 10%. So what As a cloud-based content delivery network, Fastly is benefiting from the surge in internet traffic during the coronavirus pandemic. With so many people working and shopping from home, Fastly's business is booming. Fastly's stock is surging as its sales soar. Image source: Getty Images. Better still, Fastly's growth could accelerate in the quarters ahead. As my colleague Nicholas Rossolillo notes, Fastly could be a big winner from Shopify's new partnership with Walmart. The deal is designed to strengthen Walmart's fast-growing e-commerce operations, by allowing more than 1,000 of Shopify's best-performing merchants to sell their products on Walmart.com. Fastly has wisely chosen to focus its efforts on the e-commerce industry, and it counts Shopify as one of its most important customers. Thus, Shopify's partnership with Walmart should also allow Fastly to benefit from the retail giant's surging e-commerce traffic -- Walmart's online retail sales soared 74% in the first quarter -- as well as Shopify's continued expansion. Now what By helping companies deliver their cloud-based content to consumers faster and more securely, Fastly is well-positioned to profit from several powerful trends, including the growth of e-commerce, remote work, and digital entertainment around the world. These are massive and rapidly expanding markets -- and Fastly has long runways for growth still ahead. 10 stocks we like better than FastlyWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and Fastly wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of June 2, 2020 Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Fastly and Shopify. The Motley Fool has a disclosure policy.Source