[Music] That's the closing bell on Wall Street and now it's market domination overtime. We're giving you full team coverage of all the moves to get you up to speed on the action from today's trade. Yahoo.Finances Jared Blickery joining us now to break down the market action. Jared, >> thank you Josh. three down days in a row.And also, I would add that this is the worst week on track for the worst week since the beginning of August. That would be August 1st. Kind of a nasty day there in and of itself.But let ...

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Core Insights - Pure Storage (NYSE:PSTG) is recognized for its innovative data storage solutions that enhance data management and efficiency [1][6] - The company is focusing on cyber resilience through new platform innovations aimed at improving threat anticipation and recovery [2][6] - A new price target of $92 has been set by James Fish from Piper Sandler, indicating an 11.4% potential increase from the current trading price [1][6] Stock Performance - The current stock price of PSTG is $83.06, reflecting a slight decrease of 2.11% or $1.79 [3] - Over the past year, the stock has fluctuated between a high of $89.10 and a low of $34.51, with a market capitalization of approximately $27.17 billion [3] - Today's trading volume for PSTG is 1,688,685 shares, indicating active investor interest [5] Cybersecurity Innovations - Pure Storage emphasizes the limitations of traditional cyber defense methods that do not incorporate the storage platform, which often miss critical threat signals [4] - The company’s strategy includes integrating native threat detection at the storage layer, allowing for quicker threat detection and remediation [4][6]

Core Insights - The article provides a comprehensive evaluation of Apple Inc. in comparison to its competitors in the Technology Hardware, Storage & Peripherals industry, focusing on financial metrics, market position, and growth potential [1] Company Overview - Apple is one of the largest companies globally, with a diverse range of hardware and software products aimed at both consumers and businesses. The iPhone constitutes the majority of sales, with other products like Mac, iPad, and Watch forming part of a broader software ecosystem [2] - Nearly half of Apple's sales are generated through its flagship stores, while the majority comes from partnerships and distribution channels [2] Financial Metrics Comparison - Apple's Price to Earnings (P/E) ratio is 38.29, which is lower than the industry average by 0.76x, indicating potential value [6] - The Price to Book (P/B) ratio of 56.88 is significantly higher than the industry average by 5.76x, suggesting possible overvaluation based on book value [6] - The Price to Sales (P/S) ratio of 9.32 is 2.78x the industry average, indicating potential overvaluation in relation to sales performance [6] - Apple has a Return on Equity (ROE) of 35.34%, which is 29.55% above the industry average, reflecting efficient equity use and strong profitability [6] - The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stands at $31.03 billion, which is 86.19x above the industry average, showcasing robust cash flow generation [6] - Gross profit is reported at $43.72 billion, 47.01x above the industry average, indicating strong core operational earnings [6] - Revenue growth for Apple is 9.63%, surpassing the industry average of 7.09%, demonstrating strong sales performance [6] Debt-to-Equity Ratio - Apple's debt-to-equity (D/E) ratio is 1.54, placing it in a middle position compared to its top four peers, indicating a balanced financial structure with moderate debt levels [12]

Financial Data and Key Metrics Changes - The company reported a 13% year-over-year growth and remains strongly profitable in the last quarter [6] - The percentage of revenue from subscriptions is expected to remain around 40% throughout the year [6] - The company is now spending as much on R&D as its competitors, indicating a significant investment in innovation [5] Business Line Data and Key Metrics Changes - The company is focusing on a unified data plane that supports various types of data, including block, file, and object storage [17] - The introduction of the Fusion capability allows for a more integrated approach to data management across different applications [18] Market Data and Key Metrics Changes - The company is positioning itself to capitalize on the growing demand for AI and cloud-based solutions, indicating a shift in market focus [20] - The enterprise data cloud architecture is designed to address the challenges of data silos and improve data accessibility for analytics and AI [20] Company Strategy and Development Direction - The company aims to bring a cloud operating model to enterprise storage, emphasizing automation and standardization [16] - The focus is on creating a unified data plane that enhances customer experience and operational efficiency [17][25] - The company is committed to continuous improvement and innovation through its Evergreen architecture, which allows for non-disruptive upgrades [57] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continuing to outperform the market and highlighted the importance of R&D spending for future growth [4][5] - The shift towards AI and data-driven solutions is seen as a significant opportunity for the company [20] - Management acknowledged the challenges of changing long-standing architectures in organizations but believes progress is being made [25] Other Important Information - The company has launched several new products aimed at enhancing its data management capabilities and addressing various customer needs [21] - The FlashBlade Exa product is highlighted as a flexible architecture that can handle high-performance metadata and data storage needs [23] Q&A Session Summary Question: What are the key advantages of Pure Storage's technology? - The company highlighted its unique approach to software designed specifically for flash, avoiding the inefficiencies of SSD architectures [32][36] - The integration of hardware and software is central to the company's Evergreen promise, allowing for seamless upgrades and scalability [34][38] Question: How does the company plan to address the needs of hyperscalers? - The company is focusing on providing storage solutions that integrate well with hyperscalers' existing management systems and hardware [44] - DirectFlash software is emphasized as a key enabler for improving the transition from hard disk drives to flash storage [44]

Group 1 - Pure Storage has expanded its Enterprise Data Cloud platform to enhance the utilization of data for artificial intelligence initiatives [4] - The addition of Pure Storage Cloud to the EDC platform is a significant update aimed at improving data management [4] - This expansion reflects the company's commitment to leveraging data for training and managing AI projects [4]

Core Insights - Pure Storage has announced innovations in its platform to enhance cyber resilience, enabling organizations to proactively detect threats, protect against attacks, and recover effectively [1][4] - The traditional multi-vendor approach to cyber defense is inadequate, as it leaves organizations vulnerable by missing critical threat signals within their data [2] - The introduction of the Enterprise Data Cloud (EDC) allows for centralized management of data across various environments, facilitating intelligent data governance [3] Cyber Resilience Enhancements - Pure Storage's platform now includes built-in threat detection capabilities, allowing for rapid response and recovery from attacks [2][4] - The company is developing an extended threat detection network to share threat signals with partners, integrating these capabilities into existing security tools [4] - New partnerships with CrowdStrike and Superna enhance security measures, providing real-time visibility and automated responses to threats [5][12] Recovery Solutions - Pure Storage offers proactive adaptive recovery solutions to ensure faster data recovery during attacks, emphasizing the importance of trusted backup data [6][12] - The introduction of Pure Protect Recovery Zones allows for isolated recovery environments, enabling businesses to test and validate applications without disrupting production [12] Market Position and Strategy - Pure Storage positions itself as a leader in the data storage industry, focusing on delivering advanced technology and services that simplify data management and enhance security [8][14] - The company's Evergreen architecture ensures continuous improvement and scalability, aligning with the evolving needs of businesses [8]

Core Insights - The article discusses the importance of conducting thorough due diligence before making any financial decisions, emphasizing that the information provided is for educational and research purposes only [1] Group 1 - The content includes general news, personal analysis, and opinions intended for educational purposes [1] - It highlights that the information is not a recommendation or advice for any financial actions [1] - The article stresses the need for individuals to consult competent advisors when making financial decisions [1] Group 2 - The website may include advertisements and promotional content, with potential compensation from third parties [1] - It clarifies that FX Empire does not endorse any third party or recommend their services [1] - The article warns that both cryptocurrencies and CFDs are complex instruments with a high risk of losing money [1]

Core Viewpoint - Volkswagen, Europe's largest carmaker, will incur a financial impact of 5.1 billion euros (approximately $6 billion) due to a comprehensive product overhaul at its sportscar division, Porsche AG [1] Company Summary - Volkswagen is implementing a significant product overhaul at Porsche AG, which is expected to result in a substantial financial hit [1] - The financial impact of the overhaul is quantified at 5.1 billion euros, equivalent to $6 billion [1] Industry Summary - The automotive industry is witnessing major shifts as companies like Volkswagen undertake extensive product revisions to adapt to market demands and technological advancements [1]

Core Insights - Western Digital has raised prices on hard disk drives due to "unprecedented demand" driven by the AI era and data-center growth [2][6] - Data storage stocks, including Western Digital and Seagate, have seen significant gains, with Seagate's stock doubling in value in 2025 and reaching an all-time high [3][4] - Analysts are bullish on data storage stocks, with a majority issuing "buy" ratings for companies like Seagate, Pure Storage, Western Digital, and Sandisk [6] Company Performance - Western Digital's stock has also doubled, performing well alongside Seagate, and both companies are outperforming AI software company Palantir year-to-date [4] - Seagate's stock increased nearly 8% to an all-time high, while Western Digital's shares added almost 5% to close at a record high [2][3] - Pure Storage has seen over a 40% gain since boosting its outlook in late August, with its stock also reaching a new high [5] Market Trends - Data storage stocks have had a strong September, with both Seagate and Western Digital adding more than 25% of their value this month alone [5] - Morgan Stanley has identified Western Digital as a "top pick," citing management meetings and relative valuation, while Wedbush has included it in its "best ideas" [6] - The demand for hard disk drives is outpacing limited supply, indicating a favorable trend for hard disk makers [6]