STOCK TITAN

Netapp Inc - NTAP STOCK NEWS

Welcome to our dedicated news page for Netapp (Ticker: NTAP), a resource for investors and traders seeking the latest updates and insights on Netapp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Netapp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Netapp's position in the market.

Rhea-AI Summary
NetApp expands partnership with Google Cloud to enhance cloud storage capabilities for generative AI and hybrid cloud workloads. The collaboration introduces Flex service level for NetApp Volumes, offering more storage options and performance levels. The GenAI toolkit enables efficient RAG operations on Google Cloud Vertex AI platform, empowering organizations to generate valuable insights and automations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
Tags
partnership
-
Rhea-AI Summary
NetApp (NTAP) receives the 2024 Google Cloud Technology Partner of the Year Award in the Infrastructure - Storage category for Google Cloud NetApp Volumes. The award recognizes NetApp's industry-leading storage technologies that simplify data management, optimize cloud costs, and support critical use cases like AI and databases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.58%
Tags
none
-
Rhea-AI Summary
NetApp collaborates with NVIDIA to enhance generative AI applications through new retrieval-augmented generation (RAG) technology, connecting to exabytes of data on NetApp's infrastructure. The integration allows seamless access to proprietary business insights while ensuring data security and privacy.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.48%
Tags
none
Rhea-AI Summary
NetApp (NTAP) appoints Alessandra Yockelson as Chief Human Resources Officer to drive organizational strategy and growth globally. Yockelson brings over 25 years of experience in leading global talent organizations and driving operational excellence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.54%
Tags
management
-
Rhea-AI Summary
NetApp announces cyber-resiliency capabilities to protect data from ransomware threats. The company integrates AI and ML into primary storage for real-time protection. Updates include ONTAP Autonomous Ransomware Protection, BlueXP Ransomware Protection, SnapCenter 5.0, BlueXP Disaster Recovery, and Keystone Ransomware Recovery Guarantee.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
Tags
none
-
Rhea-AI Summary
NetApp collaborates with NVIDIA to enhance AI projects with secure, high-performance infrastructure. The company introduces new capabilities to support Gen AI initiatives, offering simplified data management solutions. NetApp aims to optimize AI investments, providing secure access to data across various environments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.63%
Tags
AI
Rhea-AI Summary
NetApp (NTAP) reports strong Q3 financial results with $1.61 billion in net revenues, 5% YoY growth, and record margins. The company showcases growth in hybrid and public cloud segments, with a focus on innovation and customer partnerships. However, the stockholders' return through dividends and share repurchases is relatively low compared to revenue growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.17%
Tags
-
Rhea-AI Summary
NetApp (NTAP) to participate in a fireside chat at Morgan Stanley TMT Conference on March 5, 2024. Mike Berry, EVP, Finance and CFO, will present from 2:50 - 3:30 p.m. Pacific Time. Investors can access the live audio webcast at investors.netapp.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.24%
Tags
conferences
-
Rhea-AI Summary
Aston Martin Aramco Formula One® Team and NetApp® (NASDAQ: NTAP) renew their partnership, with NetApp designated as the team’s Global Data Infrastructure Partner. The partnership has been successful in empowering the racing team to use NetApp’s storage technology to optimize its performance, leading to eight top-three finishes in 2023. Data gives Formula One® drivers and their support teams the insights they need to make the right decisions to optimize their race performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.73%
Tags
partnership
Rhea-AI Summary
NetApp (NTAP) will announce financial results for the third quarter of fiscal year 2024 on February 29, 2024. The live webcast call can be accessed at investors.netapp.com. NetApp's future targeted release dates for financial results are Q4 FY 2024: May 30, 2024, Q1 FY 2025: August 28, 2024, Q2 FY 2025: November 26, 2024, and Q3 FY 2025: February 27, 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
Tags
Netapp Inc

Nasdaq:NTAP

NTAP Rankings

NTAP Stock Data

21.01B
205.32M
0.32%
95.19%
2.51%
Computer Storage Device Manufacturing
Manufacturing
Link
US
Sunnyvale

About NTAP

NetApp, Inc. is an American hybrid cloud data services and data management company. NetApp offers cloud data services for management of applications and data both online and physically. n addition, the company offers application-aware data management service under the NetApp Astra name; and professional and support services, such as strategic consulting, professional, managed, and support services. Further, it provides assessment, design, implementation, and migration services.