Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor. Each stock is given an alphabetic rating of A, B, C, D or F based on their value, growth, and momentum qualities. With this system, an A is better than a B, a B is better than a C, and so on, meaning the better the score, the better chance the stock will outperform. For new ...

Extends STaaS leadership, now with 10 concurrent SLAs, the industry's most comprehensive set of service level agreements AI is revolutionizing business, and not always for the better. Cyber criminals are increasingly using AI to increase the frequency and impact of cyber attacks, especially ransomware. However, existing IT infrastructure generally lacks flexibility to react to the rapid pace of change required to protect data, and rapidly recover if needed. Further advancing Pure's existing cyber resiliency ...

AI Storage as-a-Service and other solutions showcased at //Accelerate deliver the best foundation for AI and cyber resilience "Pure is redefining enterprise storage with a single, unified data storage platform that can address virtually all enterprise storage needs including the most pressing challenges and opportunities IT leaders face today, like AI and cyber resilience. The Pure Storage platform delivers unparalleled consistency, resilience, and SLAguaranteed data storage services, reducing costs and unc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 5, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-37570 Pure Storage, Inc. (Exact Name of Registrant as Specified in its Charter) (State or other jurisdiction of incorporation or or ...

Pure Storage, Inc. (PSTG) is making a strategic investment in visual AI tech company, LandingAI. The investment is aimed at boosting the advancement of AI vision models. Headquartered in Palo Alto, CA, LandingAI was founded by Andrew Ng. It is guided by a data-centric AI approach to aid business organizations with limited data sets to comprehend the business value of AI and transfer AI projects from proof-of-concept to full-scale production. LandingAI's key product is LandingLens, a computer vision cloud pl ...

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SANTA CLARA, Calif. and PALO ALTO, Calif., June 5, 2024 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage platform, and LandingAI, the leading visual AI company, today announced Pure's strategic investment in LandingAI to help power the future of vision AI. Pure Storage delivers a data storage platform that enables customers to realize the potential of AI, at any stage of the AI journey. The promise of LandingAI's multi-modal Large Vision Model (L ...

The new report, "The Voice of Kubernetes Experts Report 2024: The Data Trends Driving the Future of the Enterprise," explores the top priorities and trends in the cloud-native landscape, including modern virtualization, cloud-native database and AI/ML adoption using Kubernetes, and the rise of platform engineering. The report surfaces proven best practices from advanced platform leaders, serving as a roadmap for enterprises seeking to scale Kubernetes initiatives. Survey Highlights: The survey, representing ...

Pure Storage (PSTG) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this data storage company have returned +15.4% over the past month versus the Zacks S&P 500 composite's +5.1% change. The Zacks Computer- Storage Devices industry, to which Pure Storage belongs, has gained 3.4% over this period. Now the key question is: Where could the stock be headed in the near term ...

Vladimir_Timofeev/iStock via Getty Images Pure Storage reported a strong Q1 quarter recently, with both top and bottom-line beats. The company reported revenue of $694 million (+18% YoY), beating consensus by $13 million. Non-GAAP EPS was $0.32, a $0.11 beat. The company also maintained its FY 2025 guidance of $3.1 billion. See below the results: PSTG price performance (Seeking Alpha) Pure Storage Q1 earnings (Seeking Alpha) Market Opportunity - Pure Storage Gaining Share The ESS market size is worth around ...