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The Latest Breaking News from Pure Storage

A Look at Pure Storage's Upcoming Earnings Report

Pure Storage (NYSE:PSTG) will release its quarterly earnings report on Tuesday, 2024-12-03. Here's a brief overview for investors ahead of the announcement.

Benzinga

Pure Storage's GenAI Pods and AI Trends Could Spark Recovery

Pure Storage Inc. (NASDAQ: PSTG) is a leading enterprise data storage provider specializing in all-flash storage solutions using solid-state drives (SSDs).

MarketBeat

1 AI Stock to Buy and Hold for Long-Term Growth

Pure Storage stands out in AI data storage, bolstered by a new partnership with CoreWeave and a solid financial track record, making it an intriguing stock for AI-focused investors

Barchart

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Pure Storage Stocks Shows Improved Price Strength

Pure Storage Cl A shows improving price performance, earning an upgrade to its IBD Relative Strength Rating

Investors Business Daily

3 Tech Stocks Under $55 That Analysts Love

The technology industry is experiencing unprecedented expansion owing to the growing demand for generative AI, IT investment, and government support. Thus, it could be wise to invest in fundamentally sound tech stocks such as Pure Storage (PSTG), Flex (FLEX), and Informatica (INFA), which are currently trading under $55. Read on.

StockNews.com

3 AI Stocks to Buy Instead of Super Micro Computer

Following a significant drop in Super Micro Computer's stock due to a delayed 10-K filing and accounting concerns, investors are exploring alternative AI infrastructure stocks like Dell, Arista Networks, and Pure Storage, which offer strong growth prospects in the rapidly expanding AI market.

Barchart

Stock Market Rally Mixed; Dow Jones Hits High While Nvidia Tumbles On Earnings: Weekly Review

The stock market rally had a mixed week, with the Dow Jones hitting a high while Nvidia led a Nasdaq retreat.

Investors Business Daily

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Dow Jones Futures Rise; Nvidia Pares Earnings Losses, Salesforce Jumps

Nvidia earnings and guidance topped views, but NVDA still fell. Salesforce was an overnight winner.

Investors Business Daily

Data Storage Stocks Pure Storage And NetApp Fall Despite Posting Earnings Beats

Pure Storage stock tumbled following its earnings report while NetApp is fell as well in late trading Wednesday.

Investors Business Daily

Nasdaq Flirts With Key Level On Nvidia Day; Super Micro Dives As Warren Buffett Stock Touches Mag 7 Territory (Live Coverage)

Indexes were mixed ahead of Nvidia earnings. Super Micro Computer dived after news that it would delay its annual report.

Investors Business Daily

Firm that kills hard disk drives with expensive SSDs invests in startup that wants to replace tape with ceramic slabs — Pure Storage invests in Cerabyte in a bid to become the Nvidia of Enterprise Storage

Pure Storage invests in Cerabyte's ceramic storage system to offer sustainable, immutable data solutions.

TechRadar

Is Pure Storage a Solid Bet in Data Solutions?

Pure Storage (PSTG) reported strong financial results in the last reported quarter. PSTG’s diverse portfolio, innovative data storage solutions, and strategic investments are key drivers of the company’s growth. So, should you buy this stock post its earnings release? Read more to find out.

StockNews.com

This is the chip that could feature in the world's largest SSD — Kioxia launches 2Tb NAND chip and key partner Pure Storage may use it in its 150TB SSD DirectFlash modules

Kioxia's 2Tb QLC chips, utilizing eighth-generation BiCS FLASH technology, could be used in Pure Storage's 150TB SSD.

TechRadar

Kioxia's High-Performance 3D QLC NAND Enables High-End High-Capacity SSDs

This week, Kioxia introduced its new 3D QLC NAND devices aimed at high-performance, high-capacity drives that could redefine what we typically expect from QLC-based SSDs. The components are 1 Tb and 2 Tb 3D QLC NAND ICs with a 3600 MT/s interface speed that could enable M.2-2230 SSDs with a…

AnandTech

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Tom’s Hardware

16TB M.2 SSDs will soon grace the market — Kioxia unveils 2Tb 3D QLC NAND to build bigger SSDs

Kioxia's latest 2Tb 3D QLC NAND enables the company and its partners to build ultra-fast SSDs with extremely high capacities in miniature form factors.

Investors Business Daily

Tech Leader Stock Pure Storage Slides After Downgrade. AI Getting 'Too Much Credit.'

Pure Storage stock fell Tuesday after UBS analyst David Vogt downgraded his view of the company to a sell rating.

Barchart

3 Overheated Tech Stocks to Skip This Summer

Brokerage firm Morgan Stanley believes these three tech stocks have run up quite a bit, and should be best avoided at current levels.

Investors Business Daily

IBD 50 Data Storage Stock Has Big AI Opportunity, Analysts Say

Pure Storage stock traded lower Friday despite positive takeaways from analysts following a presentation Thursday.

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TechRadar

Pure Storage confirms data breach — Snowflake attack again thought to be involved

Telemetry data from Pure Storage stolen, but the attack seems to have been of limited capacity.

Investors Business Daily

Big Win From Pure Storage, But We Didn't Stay For Earnings

Pure Storage was doing everything right but we still exited ahead of its earnings report.

Investors Business Daily

Stock Market Retreats As Salesforce, Dell Lead Earnings Losers: Weekly Review

The Dow Jones tumbled below its 50-day line as the stock market saw broad losses this week, led by earnings losers Salesforce and Dell.

Investors Business Daily

Dow Jones Slides 375 Points After Jobless Claims, GDP; Salesforce Plunges 20% On Earnings

Stock Market Today: The Dow Jones Industrial Average dropped 375 points Thursday after jobless claims and GDP. Salesforce plunged 20% on earnings.

Investors Business Daily

Dow Jones Futures Fall As Salesforce Plunges After Stock Market Slides Despite Nvidia

The major indexes fell Wednesday even with Nvidia on the cusp of a new milestone. Salesforce plunged late on weak sales and guidance.

Investors Business Daily

Pure Storage's Earnings Beat Adds To Strong Run For Data Player

Pure Storage stock jumped Wednesday after the comapny posted first-quarter earnings and sales that beat expectations.

Investors Business Daily

Dow Jones Futures Fall, But Nvidia Leads Techs Higher; 7 Stocks Near Buy Points

The market rally had a mixed week as breadth narrowed. Microsoft and Merck led stocks near buy points. Here's what to do.

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