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(PSTG) with $75 Price Target, Highlights CoreWeave Collaboration","url":"https://stock-news.laohu8.com/highlight/detail?id=2483564313","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483564313?lang=en_us&edition=fundamental","pubTime":"2024-11-16 14:21","pubTimestamp":1731738102,"startTime":"0","endTime":"0","summary":"We recently compiled a list of the 15 Trending AI Stocks on Latest Ratings and News.In this article, we are going to take a look at where Pure Storage, Inc.  stands against the other trending AI stocks on latest ratings and news.Pure Storage, Inc.  provides data storage technologies, products, and services in the United States and internationally. On November 13, Wells Fargo analyst Aaron Rakers maintained an Overweight rating on the stock with a price target of $75. The analyst thinks Pure Storage's strategic collaboration and investment with CoreWeave is positive. While noting that the press release does not have a lot of detail","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/uUF1AGbbYuZl.LVq5OFWyg--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/fe3711238825e09dbd0b36215a10fc88","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/uUF1AGbbYuZl.LVq5OFWyg--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/fe3711238825e09dbd0b36215a10fc88"],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/wells-fargo-reiterates-overweight-rating-062142539.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PSTG"],"gpt_icon":0},{"id":"2483857925","title":"Why Pure Storage (PSTG) Could Beat Earnings Estimates Again","url":"https://stock-news.laohu8.com/highlight/detail?id=2483857925","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483857925?lang=en_us&edition=fundamental","pubTime":"2024-11-16 01:10","pubTimestamp":1731690603,"startTime":"0","endTime":"0","summary":"If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Pure Storage . This company, which is in the Zacks Computer- Storage Devices industry, shows potential for another earnings beat.This data storage company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 30.62%.With this earnings history in mind, recent estimates have been moving higher for Pure Storage. In fact, the Zacks Earnings ESP  for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank.Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/gUf3JPAiwp3PVjuDKftvaA--~B/aD04NDU7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/26a86d59f0e8f1e82a35a92ae5684cd9","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/gUf3JPAiwp3PVjuDKftvaA--~B/aD04NDU7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/26a86d59f0e8f1e82a35a92ae5684cd9"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/why-pure-storage-pstg-could-171003393.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PSTG"],"gpt_icon":0},{"id":"2483868308","title":"Pure Storage (PSTG): Oppenheimer’s Bullish Call on AI Data Storage Leader","url":"https://stock-news.laohu8.com/highlight/detail?id=2483868308","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483868308?lang=en_us&edition=fundamental","pubTime":"2024-11-15 22:21","pubTimestamp":1731680500,"startTime":"0","endTime":"0","summary":"We recently published a list of 10 AI Headlines You Shouldn’t Miss. In this article, we are going to take a look at where Pure Storage, Inc.  stands against other AI headlines you shouldn't miss.Sovereign AI: a new concept gaining traction in the realm of artificial intelligence. As reported by CNBC, tech giants are developing “sovereign” artificial intelligence models to boost their competitiveness. Last month, Denmark revealed its very own artificial intelligence supercomputer, becoming one of many sovereign AI initiatives that have the ability to “codify” a country’s culture, history, and collective intelligence.That said, many of the biggest large language models today, such as OpenAI’s ChatGPT and Anthropic’s Claude, have US-based data centers for storing data and processing requests from the cloud. Several politicians and regulators hailing from Europe are beginning to raise concern over this, who believe that dependence on US technology is harmful to their continent’s competitiv","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/uUF1AGbbYuZl.LVq5OFWyg--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/fe3711238825e09dbd0b36215a10fc88","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/uUF1AGbbYuZl.LVq5OFWyg--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/fe3711238825e09dbd0b36215a10fc88"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/pure-storage-pstg-oppenheimer-bullish-142140900.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1861215975.USD","LU1861220033.SGD","BK4127","BK4170","LU2290526834.HKD","PSTG","BK4588","LU2360107168.USD","BK4585","LU0963586101.USD","OPY"],"gpt_icon":0},{"id":"2483637461","title":"Pure Storage initiated with a Neutral at Cleveland Research","url":"https://stock-news.laohu8.com/highlight/detail?id=2483637461","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483637461?lang=en_us&edition=fundamental","pubTime":"2024-11-15 22:20","pubTimestamp":1731680444,"startTime":"0","endTime":"0","summary":"Cleveland Research initiated coverage of Pure Storage (PSTG) with a Neutral rating. The firm, which says its work suggests growth is stabilizing in...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/pure-storage-initiated-with-a-neutral-at-cleveland-research?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/pure-storage-initiated-with-a-neutral-at-cleveland-research?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["PSTG"],"gpt_icon":0},{"id":"2483968305","title":"How to Boost Your Portfolio with Top Computer and Technology Stocks Set to Beat Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2483968305","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483968305?lang=en_us&edition=fundamental","pubTime":"2024-11-15 22:00","pubTimestamp":1731679203,"startTime":"0","endTime":"0","summary":"Two factors often determine stock prices in the long run: earnings and interest rates. Investors can't control the latter, but they can focus on a company's earnings results every quarter.The earnings figure itself is key, but a beat or miss on the bottom line can sometimes be just as, if not more, important. Therefore, investors should consider paying close attention to these earnings surprises, as a big beat can help a stock climb even higher.The final step today is to look at a stock that meets our ESP qualifications. Pure Storage  earns a Zacks Rank #3 18 days from its next quarterly earnings release on December 3, 2024, and its Most Accurate Estimate comes in at $0.44 a share.To read this article on Zacks.com click here.","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/kz0ozt3ejWMPXKci2JxOBw--~B/aD03NTQ7dz0xMDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/zacks.com/d7dcbe11345e3f8e5e71e6827fe3c4c9","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/kz0ozt3ejWMPXKci2JxOBw--~B/aD03NTQ7dz0xMDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/zacks.com/d7dcbe11345e3f8e5e71e6827fe3c4c9"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/boost-portfolio-top-computer-technology-140003819.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["GLOB","PSTG"],"gpt_icon":0},{"id":"2483353640","title":"Pure Storage, Inc. (NYSE: PSTG) Boosts AI Cloud Innovation, Announces Strategic Partnership with CoreWeave","url":"https://stock-news.laohu8.com/highlight/detail?id=2483353640","media":"Insider Monkey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483353640?lang=en_us&edition=fundamental","pubTime":"2024-11-15 05:43","pubTimestamp":1731620587,"startTime":"0","endTime":"0","summary":"We recently compiled a list of the 15 AI News You Must Read Today.In this article, we are going to take a look at where Pure Storage, Inc.  stands against the other AI stocks that are making waves.As per OpenAI, investment in the US AI is going to result in tens of thousands of jobs, GDP growth, a modernized grid that includes nuclear power, a new group of chip manufacturing facilities, and billions of dollars in investment from global funds. While Trump plans on repealing Biden’s executive order on AI, OpenAI has, in turn, hi","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/ZaGWqnF9TLHMxJWixCfOEQ--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/98ce5b257a2e848e21ffb1e42a1541ab","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/ZaGWqnF9TLHMxJWixCfOEQ--~B/aD04MTY7dz0xNDU2O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/insidermonkey.com/98ce5b257a2e848e21ffb1e42a1541ab"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/pure-storage-inc-nyse-pstg-214307469.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4170","LU0963586101.USD","BK4585","PSTG","NYSE","LU1861220033.SGD","LU1861215975.USD","BK4588","LU2290526834.HKD","LU2360107168.USD"],"gpt_icon":0},{"id":"2483981877","title":"Evercore ISI Sticks to Their Buy Rating for Pure Storage (PSTG)","url":"https://stock-news.laohu8.com/highlight/detail?id=2483981877","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483981877?lang=en_us&edition=fundamental","pubTime":"2024-11-14 21:02","pubTimestamp":1731589336,"startTime":"0","endTime":"0","summary":"In a report released today, Amit Daryanani from Evercore ISI maintained a Buy rating on Pure Storage (PSTG – Research Report), with a price target ...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/evercore-isi-sticks-to-their-buy-rating-for-pure-storage-pstg-2?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/evercore-isi-sticks-to-their-buy-rating-for-pure-storage-pstg-2?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["PSTG"],"gpt_icon":0},{"id":"2483678138","title":"Pure Storage (PSTG) Stock Drops Despite Market Gains: Important Facts to Note","url":"https://stock-news.laohu8.com/highlight/detail?id=2483678138","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483678138?lang=en_us&edition=fundamental","pubTime":"2024-11-14 06:50","pubTimestamp":1731538202,"startTime":"0","endTime":"0","summary":"The most recent trading session ended with Pure Storage  standing at $49.87, reflecting a -0.56% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.02%. At the same time, the Dow added 0.11%, and the tech-heavy Nasdaq lost 0.26%.Coming into today, shares of the data storage company had lost 4.64% in the past month. In that same time, the Computer and Technology sector gained 3.61%, while the S&P 500 gained 2.99%.Investors will be eagerly watching for the performance of Pure Storage in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on December 3, 2024. The company is predicted to post an EPS of $0.43, indicating a 14% decline compared to the equivalent quarter last year. Meanwhile, our latest consensus estimate is calling for revenue of $814.63 million, up 6.79% from the prior-year quarter.The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on 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says CoreWeave deal could yield sizable contributions for Pure Storage","url":"https://stock-news.laohu8.com/highlight/detail?id=2483856020","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483856020?lang=en_us&edition=fundamental","pubTime":"2024-11-14 03:05","pubTimestamp":1731524714,"startTime":"0","endTime":"0","summary":"After Pure Storage (PSTG) announced its strategic investment in GPU cloud provider CoreWeave as part of the latter’s latest funding round, and note...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/evercore-says-coreweave-deal-could-yield-sizable-contributions-for-pure-storage?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/evercore-says-coreweave-deal-could-yield-sizable-contributions-for-pure-storage?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU1861215975.USD","US30Y.BOND","LU2360107168.USD","BK4585","US10Y.BOND","US5Y.BOND","LU2290526834.HKD","US7Y.BOND","US12M.BOND","LU0963586101.USD","LU1861220033.SGD","US3Y.BOND","US6M.BOND","PSTG","BK4170","BK4588","US2Y.BOND"],"gpt_icon":0},{"id":"2483855700","title":"Pure Storage hyperscaler win still ahead, says Wells Fargo","url":"https://stock-news.laohu8.com/highlight/detail?id=2483855700","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483855700?lang=en_us&edition=fundamental","pubTime":"2024-11-14 02:40","pubTimestamp":1731523216,"startTime":"0","endTime":"0","summary":"Wells Fargo analyst Aaron Rakers thinks Pure Storage’s (PSTG) strategic collaboration and investment with CoreWeave is a “positive.” While noting t...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/pure-storage-hyperscaler-win-still-ahead-says-wells-fargo?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/pure-storage-hyperscaler-win-still-ahead-says-wells-fargo?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU0070302665.USD","LU0251142724.SGD","LU0208291251.USD","LU0971096721.USD","LU2361044865.SGD","LU0640476718.USD","LU1201861249.SGD","LU1267930227.SGD","BK4585","LU0787776722.HKD","LU1861215975.USD","LU2236285917.USD","LU0417517546.SGD","LU1280957306.USD","LU1814569148.SGD","BK4559","LU0149725797.USD","IE00B7SZLL34.SGD","IE0002270589.USD","LU0683600562.USD","LU1035773651.USD","LU0162691827.USD","LU0106831901.USD","LU1861220033.SGD","LU0289960550.SGD","BK4207","BK4504","LU0048573561.USD","LU0052756011.USD","LU0175139822.USD","LU0130102774.USD","IE00B19Z3581.USD","LU0310800965.SGD","LU0742534661.SGD","LU1074936037.SGD","LU0980610538.SGD","LU2361044949.HKD","LU2361045086.USD","LU0072461881.USD","LU0477156953.USD","LU1363072403.SGD","BK4170","LU0320765489.SGD","LU2290526834.HKD","LU0128525689.USD","BK4501","LU1668664300.SGD","BK4588","LU0130517989.USD","PSTG"],"gpt_icon":0},{"id":"2483855330","title":"Pure Storage Positioned For AI-Driven Growth: Analyst Sees 12% Revenue Surge Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2483855330","media":"Benzinga","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483855330?lang=en_us&edition=fundamental","pubTime":"2024-11-14 02:31","pubTimestamp":1731522678,"startTime":"0","endTime":"0","summary":"Pure Storage, Inc.  shares are trading lower on Wednesday. Oppenheimer analyst Param Singh initiated coverage on the company with an Outperform rating and a price target of $70.The analyst’s bullish stance is due to the company’s position as a key beneficiary of the growing demand for unstructured data used in AI applications.Singh says that the data storage market is shifting towards all-flash arrays , expected to grow at an 8.5% CAGR from 2023 to 2028, reaching $17 billion.Pure Storage is well-positioned to benefit from this trend, leveraging its software advantage in writing data directly to flash memory, adds the analyst.Singh further says that the leadership in storage-as-a-service  offerings aligns with the industry’s shift toward as-a-service platforms.These factors should drive strong customer growth, increased expansion activity, and continued improvement in operating margins, writes the analyst.Overall, the analyst projects the company’s revenue to grow at a 12.2% CAGR from F","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/wuydUOmbDhK9Q2T6ucYYuw--~B/aD01NjM7dz0xMDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/Benzinga/decc49edd028346ae4df96873ea74b0b","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/wuydUOmbDhK9Q2T6ucYYuw--~B/aD01NjM7dz0xMDAwO2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/Benzinga/decc49edd028346ae4df96873ea74b0b"],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/pure-storage-positioned-ai-driven-183118890.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["PSTG"],"gpt_icon":0},{"id":"2483830416","title":"Pure Storage, CoreWeave Partners to Boost AI in Cloud Infrastructure -- Shares Fall","url":"https://stock-news.laohu8.com/highlight/detail?id=2483830416","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483830416?lang=en_us&edition=fundamental","pubTime":"2024-11-14 01:47","pubTimestamp":1731520039,"startTime":"0","endTime":"0","summary":"Pure Storage  said Wednesday it has entered a strategic partnership with CoreWeave to scale artificial intelligence in cloud infrastructure.As part of the collaboration, Pure Storage has agreed to make a strategic investment in CoreWeave, although the amount or other financial details were not disclosed.The collaboration integrates Pure Storage's high-performance storage solutions as an option into CoreWeave's cloud, enabling AI-driven companies to customize storage for intensive workloads at supercomputing scale.Pure Storage shares were down over 7% in recent trading.Price: 46.54, Change: -3.61, Percent Change: -7.20","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU1861215975.USD","LU1861220033.SGD","PSTG","BK4170","LU2290526834.HKD","BK4588","LU2360107168.USD","BK4585","LU0963586101.USD"],"gpt_icon":0},{"id":"2483837528","title":"Oppenheimer initiates coverage of these 5 storage & infrastructure stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2483837528","media":"Investing.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483837528?lang=en_us&edition=fundamental","pubTime":"2024-11-14 01:30","pubTimestamp":1731519032,"startTime":"0","endTime":"0","summary":"Investing.com --Oppenheimer analysts initiated coverage on five key storage and infrastructure stocks on Wednesday, offering insights into their growth potential within the industry.Rubrikwas started at Perform, reflecting Oppenheimer’s view that Rubrik’s security-focused data storage strategy is well-positioned to benefit from the rising threat of data breaches and the shift to as-a-service platforms.However, they stated: “We expect Rubrik to remain at an operating loss for the next three years and begin coverage on the sidelines until we have a clear line of sight to operating profitability four to six quarters out.”Pure Storage received an Outperform rating with a $70 price target. Oppenheimer analysts are optimistic about Pure Storage's prospects in the expanding all-flash array market, driven by growing unstructured data from AI applications.They noted that Pure Storage’s strong customer base and expanding storage-as-a-service offerings are positioned to generate significant margi","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/oppenheimer-initiates-coverage-5-storage-173032188.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["LU1861220033.SGD","NTAP","NTNX","LU1861215975.USD","BK4535","PSTG","BK4550","RBRK","HCI","LU2360107168.USD","OPY","LU1989764664.SGD","BK4107","VMW","BK4585","BK4588","BK4023","BK4170","BK4097","BK4504","BK4127","LU0963586101.USD","LU2290526834.HKD","SG9999001440.SGD"],"gpt_icon":0},{"id":"2483323018","title":"Pure Storage Gains on Oppenheimer Outperform Rating","url":"https://stock-news.laohu8.com/highlight/detail?id=2483323018","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483323018?lang=en_us&edition=fundamental","pubTime":"2024-11-14 01:20","pubTimestamp":1731518407,"startTime":"0","endTime":"0","summary":"Pure Storage  saw its shares rise by single digits in Wednesday trading following Oppenheimer's decision to initiate coverage on the data storage firm with an Outperform rating and a 12-to-18-month price target of $70.GuruFocus has detected 3 Warning Sign with PSTG.Driven by artificial intelligence applications, Oppenheimer's perspective emphasizes Pure Storage's ability to profit from the rising need for unstructured data storage solutions. Data-intensive needs of artificial intelligence favor high-performance capacity storage systems; Oppenheimer's analyst, Param Singh, notes that \"all-flash arrays are best suited\" for this purpose. Singh said this trend \"provides a long tail of growth for the industry.\". Singh also out that all-flash arrays are expected to rise at an 8.5% compound annual growth rate from 2023 to 2028, thereby reaching an estimated $17 billion. Singh underlined a continuous industry shift toward these arrays. Singh anticipates Pure Storage will take advantage of this","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/l5N90D3ptMP4xJDlInftww--~B/aD01MDA7dz01MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/1fc595558c59d62585d086633432d314","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/l5N90D3ptMP4xJDlInftww--~B/aD01MDA7dz01MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/us.finance.gurufocus/1fc595558c59d62585d086633432d314"],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/pure-storage-gains-oppenheimer-outperform-172007189.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["OPY","PSTG"],"gpt_icon":0},{"id":"2483347878","title":"Pure Storage announces strategic investment in CoreWeave","url":"https://stock-news.laohu8.com/highlight/detail?id=2483347878","media":"TIPRANKS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483347878?lang=en_us&edition=fundamental","pubTime":"2024-11-14 01:10","pubTimestamp":1731517818,"startTime":"0","endTime":"0","summary":"Pure Storage (PSTG) announced Pure Storage’s strategic investment in CoreWeave to accelerate AI cloud services innovation. Alongside the investment...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/pure-storage-announces-strategic-investment-in-coreweave?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/pure-storage-announces-strategic-investment-in-coreweave?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU2290526834.HKD","PSTG","BK4585","BK4170","BK4588","LU0963586101.USD","LU1861220033.SGD","LU2360107168.USD","LU1861215975.USD"],"gpt_icon":0},{"id":"2483831722","title":"Pure Storage Announces Strategic Investment and Technology Partnership With Coreweave to Accelerate Large-Scale AI Cloud Services Innovation","url":"https://stock-news.laohu8.com/highlight/detail?id=2483831722","media":"THOMSON REUTERS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2483831722?lang=en_us&edition=fundamental","pubTime":"2024-11-14 01:05","pubTimestamp":1731517502,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20241113:nTUAFBFXJ:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["LU1861215975.USD","LU1861220033.SGD","PSTG","BK4170","LU2290526834.HKD","BK4588","LU2360107168.USD","BK4585","LU0963586101.USD"],"gpt_icon":0}],"pageSize":16,"totalPage":13,"pageCount":12,"totalSize":200}]}}