Micron rallied after analysts pointed to sold-out high-bandwidth memory supply and rising AI-driven margins, reinforcing the chipmaker’s expanding role in data center infrastructure.
March S&P 500 E-Mini futures (ESH26) are trending up +0.10% this morning as investors await the release of the U.S. nonfarm payrolls report, which is crucial for shaping expectations about the Federal Reserve’s interest-rate path.
When Wall Street turns bearish on a stock, it’s worth paying attention.
These calls stand out because analysts rarely issue grim ratings on companies for fear their firms will lose out in other business lines such as M&A advisory.
As of February 6, 2026, the technology sector is witnessing a historic resurgence in a corner of the market once considered "legacy": data storage. Western Digital Corp. (NASDAQ: WDC) has emerged as the standout performer of the first quarter, with its stock price surging over 28% in the first week of February alone. This rally [...]
The Federal Reserve Open Market Committee (FOMC) concluded its first policy meeting of 2026 on January 28, voting to maintain the federal funds rate at a target range of 3.5% to 3.75%. This widely anticipated decision marks a pivotal shift in the central bank’s strategy, moving from
The narrative of the artificial intelligence revolution shifted dramatically this week from the processing power of chips to the massive capacity required to store the data they generate. Seagate Technology Holdings plc (NASDAQ: STX) saw its stock price surge by a staggering 19% following a fiscal second-quarter earnings report that
A number of stocks fell in the afternoon session after uncertainty increased over when key companies can resume large-scale sales of high-end artificial-intelligence chips to China.
Seagate’s fourth quarter results were received positively by the market, reflecting strong execution in both technology and operations. Management attributed the quarter’s performance to sustained demand from global cloud data center customers and the ongoing shift to high-capacity nearline drives. CEO Dave Mosley emphasized, “We expanded non-GAAP gross margin above 42%, supported by the execution of our pricing strategy, along with an improving mix of our high capacity drives as HAMR shipments ramp.” Growth in exabyte shipments and improved product mix were central to Seagate’s margin expansion and revenue gains.
The financial markets witnessed a historic shift in the technology landscape this week as Seagate Technology Holdings plc (NASDAQ:STX) saw its stock price skyrocket by 19%, following a fiscal second-quarter earnings report that shattered Wall Street’s most optimistic projections. The surge, which propelled the storage giant to an
