Pure Storage, Inc. Class A Aktie News

The S&P 500 has nearly doubled over the past three years, partly because of all the excitement over artificial intelligence.

Data management stock Pure Storage (PSTG) has carved a choppy path lower since its Nov. 3 record high of $100.45, mostly due to a Dec. 3 post-earnings drop of 27.3%. At last check today, PSTG was down 4.6% to trade at $66.54 – roughly 33% below its all-time peak.

Artificial intelligence (AI) stocks have taken a hit lately—but not all are moving in lockstep. Some names are rallying, others are falling, and a few are holding steady while sending strong signals through new buyback authorizations.

The S&P 500's median target price suggests the index will increase nearly 17% to 7,968 in the next year. Amazon, MercadoLibre, Circle Internet Group, and Pure Storage enjoy strong competitive positions.

SANTA CLARA, Calif. , Dec. 10, 2025 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced that its board of directors has approved an incremental share repurchase of up to an additional $400 million under the company's existing share repurchase program.

Artificial intelligence (AI) is arguably the most transformative technology since the internet reshaped the global economy. Amazon has developed artificial intelligence products that strengthen its market position in e-commerce, advertising, and cloud computing.

Cathie Wood bought shares of The Trade Desk, WeRide, and Pure Storage on Thursday. The Trade Desk has plummeted 66% this year, but there are signs that the worst is behind its investors.

Pure Storage, Inc. ( PSTG ) UBS Global Technology and AI Conference 2025 December 4, 2025 10:55 AM EST Company Participants Robert Lee - VP & CTO Conference Call Participants David Vogt - UBS Investment Bank, Research Division Presentation David Vogt UBS Investment Bank, Research Division Great. Good morning, everyone, and thank you again for joining the UBS Tech Conference.