NetApp, Inc. (NTAP) recently announced an advancement in generative artificial intelligence (AI), combining its data management expertise with NVIDIA’s (NVDA) AI software and accelerated computing. The partnership is aimed at boosting enterprise retrieval augmented generation (RAG), which will unlock the power of next-gen agentic AI. Agentic AI systems can autonomously process vast amounts of data and perform actions based on that knowledge. Through the integration of NTAP’s ONTAP unified storage operating ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?Developed alongs ...

LAS VEGAS, Nevada, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Dremio, the Unified Lakehouse Platform for Self-service Analytics and AI, and NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company, live from NetApp INSIGHT announced a joint Hybrid Iceberg Lakehouse solution that addresses key challenges faced by data lake users, including enhancing operational efficiency and driving actionable insights. By combining Dremio’s Unified Lakehouse Platform with NetApp’s StorageGRID, ONTAP, and Cloud solutions ...

NetApp, Inc. (NTAP) has partnered with Amazon Web Services (“AWS”) to drive growth and innovation by leveraging artificial intelligence (AI). The recently signed strategic collaboration agreement reflects the dedication of both companies to improve customer experiences through accelerated generative AI initiatives, simplified processes and valuable CloudOps solutions.The enhanced alliance will facilitate smoother workload migrations and new application deployments on AWS. It will also simplify transactions ...

NetApp (NTAP) has inked a partnership with Aruba, a leading provider of cloud, data center, hosting and domain services in Europe, to bolster the potential data management and storage solutions nationwide. By integrating NTAP’s deep expertise in data infrastructure with Aruba’s advanced services, the collaboration is likely to aid businesses in managing, storing and securing their data.Although Aruba has relied on NetApp’s solutions for over a decade, the recent announcement marks the formalization of their ...

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is NetApp (NTAP) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.NetApp is a member of the Computer and Technology sector. This group includes 616 individual stocks and currently holds a Zacks Sector Rank of #8. The Zack ...

NetApp’s (NTAP) shares have been performing well on the trading front, with a gain of 33.7% year to date compared with the sub-industry and the S&P 500 composite’s growth of 33.4% and 18.1%, respectively. Strong financial performance is driving the stock’s trajectory. The company’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters with an average surprise of 8.6%. Closing at $117.86 as of yesterday’s trading session, NTAP stock is currently trading 12.7% below its 52-week ...

The Nasdaq 100 closed higher by around 1% during Thursday's session. Investors, meanwhile, focused on some notable insider trades.When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.Below is a look at a few recent notable insider sales. For m ...

NetApp (NTAP) recently announced that Anaplan, a premier provider of business planning and decision-making platforms, is deploying NTAP’s unified data storage solution to strengthen the storage systems across its four global data centers. The initiative aims to consolidate Anaplan’s data storage across public and private clouds, streamlining its data operations and advancing innovation in artificial intelligence (AI) solutions.  Anaplan is widely recognized for its cloud-based AI-powered Software-as-a-Servi ...

Key TakeawaysNetApp's quarterly sales and profit topped estimates, but shares of the data infrastructure firm slumped on Thursday.Although NetApp generated strong sales growth in its all-flash array memory products, it said macroeconomic uncertainties were weighing on IT spending.The post-earnings drop for NetApp shares marked a reversal from a strong year-to-date performance. Data storage provider NetApp (NTAP) posted better-than-expected sales and profits for its fiscal first quarter, but its shares plung ...