Backblaze (BLZE) stock is surging and recommended for purchase due to a transformative 5-year, $335 million deal with AI hyperscaler Coreweave, positioning it as a pure play on the AI storage bottleneck.
Source Post
Backblaze Stock Surges 44% on CoreWeave Deal! Buy Now! | BLZE Stock Analysis
Jun 24, 2026
The Investing Talk Podcast discusses Backblaze (BLZE) and its recent surge in stock price following a significant 5-year, $335 million storage agreement with Coreweave, a leading AI hyperscaler. This deal transforms Backblaze's market perception from a steady cloud backup service to a key beneficiary of the AI storage bottleneck, explaining the stock's recent volatility and strong performance. The podcast also touches on Backblaze's solid first-quarter earnings beat.
Linked Mentions
Tickers discussed in this post
Linked Signals
Tracked calls opened from this post
buy opened Jun 24, 2026
-3.01%