The Latest Breaking News from Pure Storage

The Dow Jones rose 280 points Wednesday on a surprise ADP jobs report. A speech from Fed chief Powell is next. Salesforce soared on earnings.

Futures rose as Salesforce led earnings winners. The Nasdaq hit a new high Tuesday fueled by Meta Platforms, Palantir and Credo Tech.

Pure Storage's earnings and sales topped estimates while the company touted a hyperscale cloud 'design win.'

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.

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

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

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

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.

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.

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

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