Piper Sandler: Pure Storage hyperscaler win creates 'pure opportunity'

Piper Sandler upgraded Pure Storage to Overweight, citing a significant deal expected to generate over $500 million by 2026, enhancing its position in cloud and AI markets.

After-hours movers: Marvell Technology, Salesforce, Okta and more

After-hours stock movements highlight notable rises and falls for several companies based on their recent financial performances and future guidance.

Pure Storage rallies 17% after earnings beat, strong guidance

Pure Storage's stock jumped over 17% after reporting strong Q3 earnings and positive guidance, with significant growth in subscription services and AI capabilities.

Oppenheimer initiates coverage of these 5 storage & infrastructure stocks

Oppenheimer analysts rate five storage companies, highlighting opportunities and challenges in their growth prospects, with varying ratings from Perform to Outperform.

CoreWeave closes $650 million secondary sale as AI startups lure investors

CoreWeave secured a $650 million investment, valuing the AI cloud startup at $23 billion, amid rising demand for cloud computing and generative AI technology.

Earnings call: Pure Storage posts 11% revenue growth in Q2

Pure Storage shares tumble 12% despite Q2 beat

Pure Storage's Q2 results exceeded expectations, yet shares dropped due to lower fiscal 2025 revenue guidance. Adjusted EPS was $0.44, but guidance fell short of analyst forecasts.