US stock futures are pointing lower on the first of July after Wall Street rounded off its best quarter since 2020, with investors exercising some caution before jobs data and a speech from new Federal Reserve Chair Kevin Warsh. Nasdaq futures were down 0.4%, while Dow Jones and S&P 500...
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7.44am: ABF warns on sugar losses Associated British Foods has warned that weaker sugar trading will hit profits this year, while Primark saw mixed sales in the third quarter. The FTSE 100 group's CEO George Weston says: "Aside from Sugar, our full year outlook for the group is...
Few large-cap stocks have rerated as violently in 2026 as Seagate Technology (NASDAQ:STX). The hard drive maker has ridden a wave of AI-driven storage demand, HAMR product qualification wins, and serial earnings beats to one of the largest moves in the NASDAQ this year. After such an extraordinary run, the question is whether the stock ... Up 250% YTD, Does Seagate Have More Upside Ahead?
MU may offer greater AI storage upside as HBM demand, strong earnings growth and attractive valuation outpace STX's AI-driven storage opportunity.
Tech stocks are set to notch their strongest first half of the year since 2023, when the AI boom first drove equities higher.
(Bloomberg) -- Chip stocks are heading for their best quarter ever, extending an extraordinary start to the year driven by insatiable demand for artificial intelligence equipment. But after recent jitters sent the stocks tumbling, investors are wondering how much further the rally can go. Most Read from BloombergYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsWhatsApp Opens Username Reservations to 3 Billion UsersUS St
CNBC’s Oliver Renick highlighted a split in investor sentiment on his Options Action segment this morning. Melius Research initiated coverage of Seagate and Western Digital as Buy-rated stocks, with price targets about 55% above current levels. Renick reported that options flow leaned bullish in each stock, with roughly twice as many calls bought as puts, ... Analysts See 55% Upside in Seagate and Western Digital Despite Chip Sector Weakness
The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +1.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.59%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +2.25%. September E-mini S&P futures (ESU26 ) rose +1.20%, and September E-mini Nasdaq futures...
MU, STX and WDC screened as top momentum stocks, backed by strong earnings trends and AI infrastructure demand heading into the year's second half.
Seagate remains well-positioned to benefit from the long-term expansion of AI-driven data storage demand. However, this stock looks even better.
Seagate has been on fire lately. In the past six months alone, the company’s stock price has rocketed 220%, reaching $901.50 per share. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
The S&P 500 Index ($SPX ) (SPY ) today is up +0.59%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.64%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.67%. September E-mini S&P futures (ESU26 ) are up +0.73%, and September E-mini Nasdaq futures...
Large-cap stocks are known for their staying power and ability to weather market storms better than smaller competitors. However, their sheer size makes it more challenging to maintain high growth rates as they’ve already captured significant portions of their markets.
Louis Navellier identifies Micron, Seagate, Western Digital, and Sandisk as beneficiaries of a structural memory shortage, with Micron ranked first on his fundamental model.
Seagate Technology Holdings (NasdaqGS:STX) plans to redeem its 3.50% Exchangeable Senior Notes due 2028. The move will eliminate approximately US$150.7 million of debt from Seagate’s balance sheet. This corporate action directly affects Seagate’s capital structure and long term risk profile. Seagate Technology is a major supplier of data storage products, including hard disk drives and related solutions used in cloud, enterprise, and consumer applications. Recent attention around Seagate...
Seagate Technology Holdings Plc (NASDAQ:STX) is one of the best trending AI stocks to watch in 2026. Fox Advisors downgraded Seagate Technology Holdings Plc (NASDAQ:STX) to Equal-Weight from Outperform on June 22. The firm cited concerns that expectations for hard disk drive pricing “may be getting ahead” of likely increases. Seagate Technology Holdings Plc (NASDAQ:STX) […]
Seagate Technology Holdings (NASDAQ:STX) is one of the best future stocks to buy and hold for 10 years. On June 12, Seagate Technology Holdings announced the full redemption of its 3.50% Exchangeable Senior Notes due 2028. The company intends to redeem all outstanding notes for cash on September 8, at a price equal to the […]
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The memory shortage has become a windfall for storage makers.