Solid-State Transformers: A Key to a Smarter, More Reliable Energy Grid

Solid-state transformers (SSTs) are a promising technology for improving energy grid flexibility and intelligence. UK-based Compound Semiconductor Applications (CSA) Catapult notes that SSTs can handle higher voltages, operate at higher frequencies, and perform better at higher temperatures, thanks to materials like silicon carbide (SiC) and gallium nitride (GaN). The UK is well-positioned to lead in SST technology, with a growing market projected to reach double-digit compound annual growth rates through 2030.

Cloud storage stocks have gained significant attention due to the growing demand for scalable and secure remote data management solutions. According to MarketBeat, several companies are leading the way in this sector, including NetApp, CommVault Systems, GoPro, Alarm.com, Tuya, Backblaze, and Shengfeng Development [1].

NetApp (NTAP)
NetApp, Inc. provides cloud-led and data-centric services, offering a wide range of intelligent data management software and storage infrastructure solutions. With a market cap of $21.03 billion, NetApp has shown notable trading volume and a PE ratio of 18.48. The company's stock reached $104.94 on Friday, with a trading volume of 893,151 shares [1].

CommVault Systems (CVLT)
CommVault Systems, Inc. offers a data protection platform that helps customers secure, defend, and recover their data. The company's stock traded down $1.62 on Friday, hitting $164.35. CommVault has a market capitalization of $7.32 billion and a PE ratio of 97.25 [1].

GoPro (GPRO)
GoPro, Inc. develops and sells cameras, mountable and wearable accessories, and subscription services. Despite its challenging financial metrics, including a negative PE ratio, GoPro's shares have shown active interest, trading up $0.04 to $1.51 on Friday [1].

Alarm.com (ALRM)
Alarm.com Holdings, Inc. provides Internet of Things (IoT) solutions for various markets. The company's stock traded up $0.36 on Friday, hitting $55.65. Alarm.com has a market capitalization of $2.77 billion and a PE ratio of 23.48 [1].

Tuya (TUYA)
Tuya Inc. offers an IoT cloud development platform, enabling businesses to develop, launch, manage, and monetize software-enabled smart devices. The company's stock traded down $0.04 on Friday, reaching $2.49. Tuya has a market capitalization of $1.34 billion and a PE ratio of 62.14 [1].

Backblaze (BLZE)
Backblaze, Inc. provides cloud storage services through a web-scale software infrastructure. The company's stock traded up $0.03 on Friday, reaching $5.45. Backblaze has a market capitalization of $299.21 million and a PE ratio of -5.40 [1].

Shengfeng Development (SFWL)
Shengfeng Development Limited offers contract logistics services, including cloud storage services. The company's stock traded up $0.00 on Friday, reaching $0.98. Shengfeng Development has a market capitalization of $1.34 billion and a PE ratio of -5.40 [1].

Investors interested in cloud storage stocks should consider these companies' market dynamics, financial health, and growth potential. The sector is expected to continue growing, driven by the increasing demand for scalable and secure remote data management solutions.

References:
[1] https://www.marketbeat.com/instant-alerts/best-cloud-storage-stocks-to-add-to-your-watchlist-july-26th-2025-07-26/