PSTG - Pure Storage, Inc

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by T0rm3nted, May 25, 2016.

  1. T0rm3nted

    T0rm3nted Moderator
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    [​IMG]
    Pure Storage (PSTG) is a Mountain View, California-based enterprise data flash storage company founded in 2009.
     
  2. T0rm3nted

    T0rm3nted Moderator
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    Reported after close today (5/25/16)
    Earnings: EPS -$0.22 Revenue $139.9M
    Estimates: EPS -$0.23 Revenue $137M

    Down 16.38% after hours
     
  3. T0rm3nted

    T0rm3nted Moderator
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    Analyst Upgrade/Downgrade Update

    Brokerage firm:
    JP Morgan
    Change: Coverage Initiated
    Previous Rating: N/A
    Current Rating: Neutral
    Previous Price Target: N/A
    Current Price Target: $13
     
  4. emmett kelly

    emmett kelly Well-Known Member

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    Pure Storage shares are trading higher after the company reported better-than-expected Q3 EPS and sales results and issued Q4 and FY22 sales guidance above estimates.

    Nov 24, 2021 8:03a ET
     
    removedatuserrequest likes this.
  5. emmett kelly

    emmett kelly Well-Known Member

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    Meta Launches Next-Gen AI Supercomputer: All You Need To Know
    1:04 pm ET January 24, 2022 (Benzinga) Print
    • Meta Platforms Inc (NASDAQ: FB) touts its AI Research SuperCluster (RSC), among the fastest AI supercomputers running today and will be the fastest in the world once fully built out in mid-2022.
    • Several hundred people, including researchers from partners NVIDIA Corp (NASDAQ: NVDA), Penguin Computing Inc, and Pure Storage Inc (NYSE: PSTG), were involved in the two-year project, the Wall Street Journal reports.
    • AI can currently perform tasks like translating text between languages and helping identify potentially harmful content.
    • However, developing the next generation of AI will require powerful supercomputers capable of quintillions of operations per second.
    • RSC will help Meta’s AI researchers build better AI models that can learn from trillions of examples, paving the way toward building technologies for the metaverse, where AI-driven applications and products will play an important role.
    • Price Action: FB shares traded lower by 2.8% at $294.71 on the last check Monday.

    © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
     

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