Pure Storage, Inc. Class A Common Stock (PSTG)

EQNX::TICKER_START (NASDAQZENA),NASDAQ:QMCONASDAQQMCO)(NASDAQ:SMCINASDAQSMCI,(NASDAQ:RCATNASDAQ),(NYSE:PTSGPTSG) EQNX::TICKER_END

Earnings growth is the single-best predictor of stock price growth; here are four names that investors should watch closely when they report earnings

PALM BEACH, Fla. , Dec. 12, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Most industry insiders believe that Quantum Computing is potentially a better fit for weather forecasting than classical computers. It can perform advanced simulations more efficiently. It can be easily installed at locations around the globe. It can function efficiently when stored at high temperatures. It can store extensive data for better pattern recognition. One source said that Quantum computing is potentially a better fit for weather forecasting than classical computers because it can perform advanced simulations more efficiently, saying that: Quantum computing is a better fit because it has the potential to speedily process vast amounts of weather data and conduct analysis that is too complex for classical computers. The speed of the algorithms can allow the use of real time data to impact the predicting. Despite decades of continuously refining calculating power, directly forecasting the weather is still delicate. Quantum computers made it a bit easy however. The speed of the algorithms in quantum computing can permit the use of real-time data to influence the forecasting, and advanced weather prediction will help all industries, especially transportation, supply chain and logistics, and farming. A report from Astute Analytica added: “The weather forecasting services market is poised for exponential growth, driven by advancements in AI technology, increasing demand for accurate climate data, and expanding applications across agriculture, aviation, and disaster management. Businesses and governments alike are investing heavily, ensuring a robust and lucrative future for this essential industry. The global weather forecasting services market is projected to attain a valuation of US$ 11.6 billion by 2032 up from US$ 4.0 billion in 2023 at a CAGR of 12.6% during the forecast period, 2024–2032.” Active Companies in the markets today include ZenaTech, Inc. (NASDAQZENA), Quantum Corporation NASDAQ: QMCONASDAQQMCO)(NASDAQ: SMCINASDAQSMCI, Red Cat Holdings, Inc. (NASDAQ: RCATNASDAQ), Pure Storage (NYSE: PSTGPSTG).

Data is the new currency in today's digital economy. However, organizations face unprecedented challenges with exponential data growth, including performance bottlenecks, a lack of practical data visibility, and increasing cyber threats. Today, Rubrik, Inc. (NYSERBRK), the Zero Trust Data Security™ company, and Pure Storage NYSE: PSTGNYSEPSTG)

Progress Software Co. (NASDAQPRGS) provides software solutions enabling enterprises to design, develop, deploy, automate and manage business applications.

As a leading provider of data storage solutions, Western Digital Co. (NASDAQWDC) stands at the forefront as a key benefactor of artificial intelligence.

The major indexes moved between gains and losses to end the month, but the volatility may ramp back up with the release of the jobs report next Friday

Pure Storage stock is sinking on weak guidance in an otherwise solid earnings report, but demand for data storage due to AI may be understated and undervalued

Pure Storage is a key player in the global data storage and services industry, an industry that is still young, with decades of growth still ahead.

Markets closed the week quietly after a sharp sell-off; however, the market is likely to remain volatile as several key economic reports are on deck

Pure Storage stock is moving higher after a solid earnings report that is prompting analysts to bid PSTG stock higher; there could be as much as 28% upside

The artificial intelligence (AI) boom has accelerated revenues for various companies in the computer and technology sector.

Arm Holdings plc (NASDAQARM) is a British semiconductor company that has a virtual lock on most of the mobile computer chips being produced in the world.

Oracle Co. (NYSEORCL) is a giant in the computer and technology sector that originally got its start as the leader in relational databases in the 1980s.

NetApp stock has room to move higher after the data management company beat on earnings, showed growth in every sector, and raised its 2024 guidance

Hewlett Packard Enterprises shares trade at a discount as its AI server business lags its peers, but with the supply chain normalizing, a rebound may be coming

The market rally continues as the February Jobs Report reignited the soft landing talk, but momentum could stall if next week's inflation readings come in hot

Pure Storage Inc. (NYSEPSTG) is an enterprise flash data storage solutions provider in the Computer and Technology sector benefitting from the artificial

Enterprise flash data storage solutions provider Pure Storage Inc. (NYSEPSTG) stock took a rare sell-off when it guided down its Q4 2023 revenue guidance

Ghost Autonomy, a pioneer in scalable autonomy software for consumer cars, today announced that the company’s founder and CEO John Hayes will be speaking on a joint panel at Automotive USA 2023 with Michael Cornwell, Field CTO, Americas at Pure Storage, on how automotive organizations are modernizing data infrastructure and data services to enable high-velocity software development. The event commences on November 8, 2023.

Technology infrastructure is a vast category encompassing hardware and software components that support and optimize the delivery and utilization

SAN MATEO, Calif., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Freshworks Inc., (NASDAQFRSH) today announced the appointment of Johanna Jackman as the company’s new Chief People Officer (CPO). Johanna joins the executive team and reports to Freshwork’s Chief Executive Officer Girish Mathrubootham and President Dennis Woodside. Jackman will be responsible for the company's global human resources strategy and operations, which oversees HR business partnerships, talent acquisition and employee development, facilities, compensation and benefits, corporate social responsibility programs, and diversity, equity and inclusion strategy.

A short trading week managed to deliver volatility and next week brings potentially more market-moving news as investors get the latest read on inflation

Enterprise data storage solutions provider Pure Storage Inc. (NYSEPSTG) stock has traded in a weekly rectangle trading range for over a year as shares attempt

With plenty more earnings reports yet to come, traders may want to keep an eye on these potentially bullish mid-cap tech releases.