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What’s Going On With Pure Storage Stock Thursday?

Pure Storage reported financial results for the first quarter of fiscal-year 2025 after the market close on Wednesday. The results included adjusted EPS of 32 cents, which came in ahead of analyst estimates of 21 cents. The company also reported sales of $693.47 million, beating analyst estimates of $680.97 million.

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Tech, Blue Chip Stocks Drop; Small Caps, Real Estate Rebound As Yields Ease; Solar Industry Shines: What’s Driving Markets Thursday?

Wall Street experienced another decline on Thursday, with major large-cap indices affected by a downturn in the tech and communication services sectors. Investors shifted their focus to market areas that have underperformed compared to tech over the past year, such as small caps, real estate and solar stocks.

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