Dow drops more than 300 points on inflation and growth concerns, Meta drags S&P 500 lower: Live updates [MSNBC.com]
Pure Storage, Inc. Class A (PSTG)
Last pure storage, inc. class a earnings: 2/27 04:02 pm
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Source: MSNBC.com
Traders work during the opening bell at the New York Stock Exchange.Johannes Eisele | AFP | Getty ImagesStocks tumbled Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.TheDow Jones Industrial AverageCaterpillarIBMS&P 500Nasdaq CompositeU.S. gross domestic product expanded 1.6% in the first quarter, the Bureau of Economic said. Economists polled by Dow Jones forecast GDP growth would come in at 2.4%.Along with the downbeat growth rate for the quarter, the report showed consumer prices increased at a 3.4% pace, well above the previous quarter's 1.8% advance. This raised concern over persistent inflation and put into question whether the Federal Reserve will be able to cut rates anytime soon. Taken together, both findings suggest a stagflationary environment that is, a combination of slowing economic growth and rising inflation and could add another headwind to policymakers moving forward."In the short term, the numbers
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PSTG
News
- Pure Storage's (NYSE:PSTG) investors will be pleased with their splendid 167% return over the last three years [Yahoo! Finance]Yahoo! Finance
- Pure Storage, Inc. (NYSE: PSTG) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Pure Storage (PSTG) Beats Stock Market Upswing: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates [MSNBC.com]MSNBC.com
- Augment Inc. Raises $227 Million at $977 Million Valuation to Empower Software Teams With AI [Yahoo! Finance]Yahoo! Finance
PSTG
Earnings
- 2/28/24 - Beat
PSTG
Sec Filings
- 5/3/24 - Form ARS
- 5/3/24 - Form DEFA14A
- 5/3/24 - Form DEF
- PSTG's page on the SEC website