Financial Performance - Pure Storage achieved strong numbers across the board, including margins and guidance that topped analyst expectations [1] - Product revenue is up, along with as-a-service offerings, indicating balanced growth across products and software [2] - The company recognized its first revenue from a hyperscale environment last quarter and anticipates continued scaling in the future [6] AI and Technology Trends - AI has shifted enterprises' perspective on their data, highlighting fragmentation and prompting a need for a unified data cloud [4] - Pure Storage plays into the AI environment by selling products into both AI training and inference environments [3] - The company introduced the concept of an enterprise data cloud, enabling data storage to operate like a cloud within the enterprise for security, performance, and AI analytics [4][5] - Performance is critical in AI environments, requiring low latency and rapid delivery of vast amounts of data [9] - FlashBlade Exa, a product introduced earlier this year, has achieved top industry benchmarks [9] Market Dynamics and Strategy - North America is currently the largest market for AI, with significant buying activity also observed in the Middle East and Far East [10][11] - Pure Storage provides only flash storage, offering benefits in hyperscale environments by reducing space, power, and cooling requirements [7][8] - Strong buying signals are observed, reflecting both macro conditions and the company's industry strength [12]

Crowd Strike is down I think about 7% uh on earnings. Steve Kovac, what do the numbers look like. >> The numbers look great, John.I'm trying to figure out why we're seeing the stock down nearly 8% on this. They pretty much beat on every metric here. We got EPS beating by 10 cents at 93 cents adjusted.We have revenues beating slightly 1.17% billion. Street wanted to see 1.15% billion. Subscription revenue right in line with estimates.ARR better than estimates. Guidance looks good. So, I'm really not clear wh ...

Our Megan Cassella has the details. Megan, hey John, this is the Washington Post reporting saying that the head of the Centers for Disease Control and Prevention is being ousted from her job just weeks after she was confirmed. This is Susan Monz.She was just confirmed to this position at the start of the month of August. So, who's only been there just a few weeks and the Post says, according to multiple administration officials familiar with the matter, that she is now on her way out. The CDC, of course, ha ...

All right, Steve. Thank you. Uh, let's move on to Pure Storage, another storage company about the same size market capwise.Its results are out. Let's see if it's moving in the other direction. It is uh up 10%.It'll get you the results. Revenue came in uh for Pure Storage at 8462 million uh for Q2. Sorry, it came in at uh million for Q2 versus uh an expectation that it would be around 846.guidance of of 845. So well above uh the product revenue for Pure came in at 446 million well above the 421.7% expected. ...

Tina parts and please give us those Nvidia numbers. It's a beat on the top and bottom line. EPS $15 that's adjusted.That's higher than what the street anticipated on revenues of 46.7% billion. That is an increase of 56% yearoveryear. In regards to the data center revenue for the quarter, that's coming in at 41.1% billion, slightly less than what the street anticipated at 41.34% billion.non-GAAP gross margins 72.7% slightly higher. There is a line in the report saying quote there were no H20 sales to China b ...

Another enterprise software name, Snowflake earnings are out. Julia Borston has those numbers. Julia, >> John, Snowflake beating on the top and bottom line, reporting adjusted earnings per share of 35 cents versus the 27 cents estimated revenues of 1.14% billion ahead of estimates of 1.09% billion.Product revenue also coming in ahead of expect ahead of expectations. Non-GAAP operating margin 11% versus the street account estimate of 8.2%. The company also guiding to thirdarter product revenue just ahead of ...

Gene Munster to you. Um the guidance is going to be key. How big does the number have to be beyond what the street expects.The so-called whisper number. >> Yeah, Christina nailed it. Uh it's 55.5% is kind of the whisper number for the guidance for July.The imprint number 53.5%. I went back and checked. There's 42 analysts that cover Nvidia.18 of them, only 18 have changed their estimates after the July update for the curves. And so that's why that whisper number is higher for uh for October. And the answer ...

As we come back on the bell, take a look at shares of Kohl's jumping in today's session. Courtney Reagan is here with what is driving that big move today of near 23%. Hey Court.>> Hi Scott. Yeah, so Kohl's interim CEO Michael Bender told me that he's happy with what happened in the quarter. Better than expected, but there's still a long way to go for its turnaround.Comparable sales are still lower, but thanks to lower expenses, earnings did beat by a wide margin. And Kohl's also increasing its guidance for ...

Our next guest is a former Fed vice chair. He's now a CNBC contributor. Roger Ferguson joins us now.It's good to see you. Welcome to our show. Thank you.Nice to be here. What do you make of this whole Lisa Cook story. Well, look, I think you put in the right context.This is really a story about trying to undo what has been 90 years of Fed independence. What most people don't know is 90 years ago in 1935 the Congress restructured uh the Fed. It removed uh executive authority, executive branch authority by ta ...

Today, Bitcoin rebounds to the $112,000 level after shrugging off the week's pullback. Shares of Hut 8 also in the green a day after the crypto miner revealed a major US expansion. And Lind Dy, co-founder of Spree Finance, breaks down a new partnership with Anamoka Brands, which capitalizes on the stable coin boom.Welcome to CNBC's Crypto World. I'm Talia Kaplan. Digital currencies are bouncing back this morning from the disappointing start to the week.By noon Eastern, Bitcoin jumped back above $112,000 aft ...