Both Western Digital Corporation WDC and Pure Storage, Inc.PSTG operate in the data-storage & enterprise storage hardware/software industry. Each caters to demands for data storage, management and ...

Hytinen reiterated full-year guidance, projecting Q4 revenue of approximately $1.8 billion, adjusted EBITDA of approximately $690 million, AFFO of approximately $415 million, and AFFO per share of ...

According to UBS Securities, the expansion of U.S. AI data centers is expected to drive an increase in energy storage demand over the next five years, as batteries become increasingly necessary to ...

Prologis is poised for accelerated growth, driven by rebounding logistics demand and a strategic push into high-margin data center development. With logistics supply tightening and in-place rents far ...

The data-storage sector is shaped by secular industrial tailwinds such as explosive growth in data volumes driven by cloud migration, AI/ML workloads and edge devices. Western Digital Corporation (WDC ...

Kara Greenberg is a senior news editor for Investopedia, where she does work writing, editing, and assigning daily markets and investing news. Prior to joining Investopedia, Kara was a researcher and ...

Increasing power demand from a growing number of data centers, many located in Northern Virginia, has made rising utility costs a key issue for Gov. Abigail Spanberger (D) in her first days in office.

The explosion of AI companies has pushed demand for computing power to new extremes, and companies like CoreWeave, Together AI and Lambda Labs have capitalized on that demand, attracting immense ...

‘While software may have been “eating the world” in the last decade, it appears that data will be “eating the world” and potentially even “eat software” in the next,’ says Pure Storage CEO and ...