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Why Is Pure Storage (PSTG) Up 3.6% Since Last Earnings Report?
ZACKS· 2025-09-26 16:31
It has been about a month since the last earnings report for Pure Storage (PSTG) . Shares have added about 3.6% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Pure Storage due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.Pure Storage Q2 Earnings Beat EstimatesPure St ...
Will Strong Cloud and AI Demand Continue Driving WDC's Revenues?
ZACKS· 2025-09-24 14:41
Key Takeaways Western Digital shipped 190 exabytes in Q4, up 32% year over year on nearline HDD demand.Shipments of 26TB CMR and 32TB UltraSMR drives doubled, surpassing 1.7M units in June.Q4 revenues jumped 30% year over year; Q1 guidance sees $2.7B midpoint, up 22% year over year.Western Digital Corporation (WDC) is seeing strong momentum as cloud adoption and AI continue to reshape global storage needs. The company is benefiting from surging demand for high-capacity drives that support the growing data r ...