Check out the companies making headlines in midday trading. Seagate Technology — Shares of the data storage company surged 10.9% a day after Seagate posted beats on the top and bottom line for its fis...
Tag: Seagate
Seagate is not for this market
Seagate Technology Holdings PLC: “I don’t want you to buy any more, because it’s just not a high-quality enough stock during this period in the cycle. … It’s not for this...
Protocol Labs Collaborates With AMD, Seagate for Betterment of Decentralized Storage
Filecoin is a decentralised storage platform that provides security. The amount of data stored on the Filecoin ecosystem is fully secured and encrypted. The official blog post of Filecoin notes that...
AMD, Seagate and EY join Decentralized Storage Alliance
Decentralized Storage technology is a disruptive tech based on Blockchain. Protocol Labs unveiled the consortium of companies on October 31st. Microsoft and Amazon are some of the big names in the dat...
AMD, Seagate and EY Join Protocol Labs-led Decentralized Storage Alliance
The Decentralized Storage Alliance, launched in conjunction with the nonprofit Filecoin Foundation, will work to establish development standards that would help decentralized storage solutions meet th...
Seagate to Cut 3,000 Jobs, Faces Charge of Violating Sanctions
(Bloomberg) — Seagate Technology Holdings Plc, the biggest maker of computer hard drives, said it’s eliminating about 3,000 jobs and that big buyers of technology are cutting orders on concerns ...
Seagate Warns Disk Drive Demand Continues to Erode
Text size Seagate has been hurt by weakening demand for its disk drives in China, among other places. Dreamstime Seagate Technology continues to see weakening demand across the disk-drive business, CE...
Seagate and Western Digital Should Top Estimates On Cloud Demand, Analyst Says
Text size Nearline drives account for between 70% and 80% of overall revenue for the disk-drive industry. Dreamstime Thanks to strong demand from cloud computing providers, the June quarter should be ...
2 Tech Stocks That Now Look Impossibly Cheap
Text size Memory chips from Micron Technology are increasingly vital in the cloud, as well as in the automotive, industrial, and networking markets. Jeremy Erickson/Bloomberg Historically, companies l...
Tech Stocks to Buy as Interest Rates Rise
Text size Chip stocks look like good bets in th new world for tech stocks. Maika Elan/Bloomberg Tech stocks finally showed a little fight last week, aided by an impressive batch of earnings reports. B...
Seagate shares are up 20% on Thursday: explore why
Shares of Seagate Technology Holdings plc (NASDAQ: STX) are up 20% on Thursday after the global data storage company reported market-beating results for its fiscal second-quarter late last night. Impo...
Micron Suspends Executive Bonuses. The Stock Was Upgraded, Too.
Micron Technology has suspended bonuses for executives, and the stock earned an upgrade, though the two don’t appear to be connected. Micron (ticker: MU) said late Thursday a board committee had appro...