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Seagate forecasts upbeat quarter on strong AI-driven storage demand
Reuters8d agobullish
Seagate forecasts upbeat quarter on strong AI-driven storage demand

Seagate Technology forecast quarterly revenue and profit above estimates on Tuesday, as the ‌rapid buildout of AI infrastructure fuels robust demand ‌for its high-capacity hard disk drives. Shares of the Singapore-based company, which ​have more than doubled this year, rose over 8% in extended trading. Here are some details: • Seagate has leveraged its heat-assisted magnetic recording (HAMR) technology, which uses tiny lasers to ‌help pack more data ⁠onto each disk, allowing it to boost hard-drive capacity and storage without building costly ⁠new manufacturing lines.

More Americans admit to shoplifting from Walmart as inflation climbs
TheStreet8d agobullish
More Americans admit to shoplifting from Walmart as inflation climbs

Nearly a third of Americans say they have shoplifted at some point in their lives, according to a new LendingTree survey — a figure that has climbed as high prices for groceries, housing and insurance continue to strain household budgets. The survey found that 30% of respondents admitted to ...

Botox Maker Tops Buy Point, But Here Comes The Earnings Report
Investor's Business Daily8d agobullish
Botox Maker Tops Buy Point, But Here Comes The Earnings Report

AbbVie closed above the 230.47 buy point from a cup-with-handle base on June 23 and has climbed 15% from there. The previous day, the stock jumped more than 6% after AbbVie announced it agreed to acquire Apogee Therapeutics. The $10.9 billion deal would strengthen AbbVie's immunology pipeline.

Boeing Beats on Cash Flow, Books New Charge on Air Force One
Bloomberg8d agobullishVIDEO
Boeing Beats on Cash Flow, Books New Charge on Air Force One

Boeing Co. generated better-than-expected cash flow in the second quarter on continued strong demand for its aircraft, extending the US manufacturer's turnaround efforts after years of crises. Bloomberg's George Ferguson joins to discuss Boeing as well as JetBlue's earnings.

PayPal beats earnings as takeover talk swirls
Yahoo Finance Video8d agobullishVIDEO
PayPal beats earnings as takeover talk swirls

Clear Street managing director and senior analyst Owen Lau joins Julie Hyman on Market Catalysts to break down PayPal's (PYPL) latest earnings beat, recent takeover speculation, and what's next for the payments giant as it works to reignite growth.

Coca-Cola Raises Outlook; PayPal Tops Estimates | Stock Movers
Bloomberg8d agobullishVIDEO
Coca-Cola Raises Outlook; PayPal Tops Estimates | Stock Movers

On this episode of Stock Movers: - Coca-Cola (KO) shares are moving after it raised its full-year outlook, bolstered by demand last quarter while it served as a major sponsor of the FIFA World Cup. - PayPal (PYPL) shares are higher after it reported second-quarter earnings and revenue that topped Wall Street consensus estimates, and raised full-year adjusted profit guidance. CEO Enrique Lores commented on takeover speculation, saying the company remains open to evaluating opportunities, but its focus is on executing its strategic plan. - Hilton (HLT) shares are responding to the company reporting adjusted earnings per share of $2.29 for the three months through June, beating expectations of $2.27.