Pure Storage Invests in CoreWeave, Forms Partnership for AI Cloud Services; Stock Drops [Yahoo! Finance]
Pure Storage, Inc. Class A (PSTG)
Last pure storage, inc. class a earnings: 2/27 04:02 pm
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US:NYSE Investor Relations:
investor.purestorage.com
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Source: Yahoo! Finance
Warning! GuruFocus has detected 3 Warning Sign with PSTG. Building on Pure Storage's position as a data storage technology supplier, this venture seeks to improve broad artificial intelligence cloud services. Aiming to provide more flexibility and performance for consumers with high computing needs, Pure Storage and CoreWeave have also formed a technology alliance to incorporate Pure Storage's platform into CoreWeave's cloud offers. "Our strategic collaboration with CoreWeave reflects a shared commitment to delivering AI innovation at scale and marks a major milestone in delivering the flexibility and scalability that AI-driven organizations need to thrive," said Rob Lee, Chief Technology Officer of Pure Storage, stressing the cooperation as a major step toward scalable AI infrastructure. Thanks to this alliance, Pure Storage's solutionswhich are tailored to handle demanding compute-intensive activities and AI workloadsare now available within CoreWeave's dedicated environments
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PSTG
News
- Why Pure Storage (PSTG) Outpaced the Stock Market Today [Yahoo! Finance]Yahoo! Finance
- Pure Storage, Inc. (NYSE: PSTG) had its price target lowered by analysts at Citigroup Inc. from $67.00 to $63.00. They now have a "buy" rating on the stock.MarketBeat
- Pure Storage Introduces New GenAI Pod to Accelerate AI Innovation [Yahoo! Finance]Yahoo! Finance
- Pure Storage Introduces New GenAI Pod to Accelerate AI InnovationPR Newswire
- Why Pure Storage (PSTG) Could Beat Earnings Estimates Again [Yahoo! Finance]Yahoo! Finance
PSTG
Earnings
- 8/28/24 - Beat
PSTG
Sec Filings
- 11/21/24 - Form 4
- 11/8/24 - Form SC
- 11/6/24 - Form 4
- PSTG's page on the SEC website