Pure Storage is trading 5.64% up at €90.30 after a reported design win and supply agreement with a second top-five hyperscaler using DirectFlash technology across multiple performance tiers.

  • The rally extends from August 11, with the stock reaching recent record highs.
  • Pre-earnings positioning ahead of the August 26 results may be adding momentum.
  • Broader markets were largely flat; the hyperscaler announcement was the clearest catalyst identified for the August 12 movement.