Pure Storage Shares Soar 24% Amid AI Partnership Deal
Pure Storage shares rose 24% after announcing a contract with an unnamed “top four” AI hyperscaler, beating Wall Street’s estimates and upping its full-year outlook. The company’s CEO, Charles Giancarlo, said the deal offers a cost-effective and high-performance solution that can replace 90% of storage needs. The partnership is seen as a significant win for … Read more