AI play Pure Storage soars 15% after touting it won a contract with an unnamed big tech company

Pure Storage shares rallied 15% after announcing a contract with a top tier hyperscaler.

FICO’s stock falls as Fannie and Freddie deal the credit-score company a new blow April 23, 2026
The government-backed entities are embracing a rival type of credit score.
Emily Bary
Why ServiceNow’s stock is sliding in the wake of earnings April 23, 2026
Investors may be taking issue with various elements of the software company’s margin forecast.
Emily Bary
IBM’s stock falls as software revenue underwhelms April 23, 2026
Investors have been concerned about AI’s impact on IBM’s software and consulting businesses.
Britney Nguyen
Lululemon is getting a Nike veteran as its new CEO. An analyst says that could be a problem. April 23, 2026
Yoga-wear maker Lululemon on Wednesday said its board had approved Nike veteran Heidi O’Neill as its new CEO. But analysts said it was too early to tell if that was the right call, and said questions about Nike’s current struggles could spill over into her new job.
Bill Peters
CSX says more businesses are shipping via rail to avoid surging fuel costs April 23, 2026
Shares of CSX jumped after hours on Wednesday after the railroad giant raised its sales outlook for the year, as more businesses choose rail to save on fuel costs in the wake of the Iran war.
Bill Peters
POET Technologies’ stock is rocketing. What’s behind the company’s controversial AI-powered rise. April 22, 2026
The photonics company’s stock has run up more than 70% this week on speculation of a major hyperscaler partner, even as short sellers warn of a “tax nightmare.”
Christine Ji
3 tests Apple’s new CEO must pass to prove he can grow the company in ways Tim Cook never did April 22, 2026
Apple’s future rests on this massive pivot.
Geoffrey Cain
These investments promise high yield with bond-like safety. But what looks too good to be true often is. April 22, 2026
When dentists start getting cold calls about private credit, you know the fad has peaked.
Patrick T. Harker
Flight cuts are spreading as fuel costs surge — and higher summer fares look likely April 22, 2026
For travelers, the disappearing flights are translating into fewer route and connecting options, and of course higher fare prices.
Claudia Assis
Tilray and other pot stocks soar as Trump is reportedly ready to reclassify cannabis April 22, 2026
The move, which could open up medical research on cannabis as well as banking services for growers, follows an executive order to reclassify the substance in December.
Bill Peters