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Inflation Concerns Weigh on Stocks
Barchart11d agoneutral
Inflation Concerns Weigh on Stocks

The S&P 500 Index ($SPX ) (SPY ) is down -0.32% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -1.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.04%. E-mini S&P futures (ESU26 ) are down -0.33%, and September E-mini Nasdaq futures (NQU26...

Stocks Mixed Ahead of Fed Chair Warsh
Barchart22d agoneutral
Stocks Mixed Ahead of Fed Chair Warsh

The S&P 500 Index ($SPX ) (SPY ) is up by +0.17% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.18%. E-mini S&P futures (ESU26 ) are up +0.10%, and September E-mini...

Nasdaq’s Biggest Losers This Morning
The Wall Street Journal26d agoneutral
Nasdaq’s Biggest Losers This Morning

The week is off to a bad start for tech stocks—specifically, ones tied to the AI trade. Here are some of the biggest laggards on the Nasdaq today and roughly how much they are sliding: Sandisk, 10% Seagate Technology, 8% Lumentum, 8% Micron, 8% Western Digital, 8% Nebius, 7% Teradyne, 6% Astera Labs, 5.

U.S. Futures Steady After Closing Higher
The Wall Street Journal36d agoneutral
U.S. Futures Steady After Closing Higher

The S&P 500 is on track to end the week close to a record high after a boost from slowing inflation and some AI-related stocks. On Thursday, the S&P 500 closed at an all-time high for the 27th time this year. The latest leg-up for stocks came from two inflation readings that appeared to reduce pressure on the Federal Reserve to raise interest rates in September.

BofA sees more upside in Seagate’s AI storage trade
TheStreet51d agoneutral
BofA sees more upside in Seagate’s AI storage trade

Seagate Technology (STX) makes high-capacity hard drives used by cloud providers and large corporate data centers. Those drives store training files, model outputs, videos, customer records, and other data created by artificial intelligence applications. Cloud customers have been reserving ...

Seagate Technology Q4 Earnings Call Highlights
MarketBeat53d agoneutral
Seagate Technology Q4 Earnings Call Highlights

Seagate Technology (NASDAQ:STX) reported fiscal fourth-quarter results that exceeded its outlook, driven by data center demand for mass-capacity storage and continued expansion in profitability. Management said the company expects revenue growth in fiscal 2027 to surpass the 34% growth recorded in f

Wedbush raises the bar for two AI storage stocks
TheStreet53d agoneutral
Wedbush raises the bar for two AI storage stocks

Seagate Technology (STX) and Western Digital (WDC) supply high-capacity hard drives used by cloud providers to store the growing volumes of data produced by artificial intelligence workloads. The companies have become two of the market’s most closely watched AI infrastructure stocks as hyperscalers ...

Tech Earnings, Fed Rate Decision: What to Watch This Week
The Wall Street Journal53d agoneutral
Tech Earnings, Fed Rate Decision: What to Watch This Week

Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.