IE00BKVD2N49 - Common Stock - After market: 70.75 -0.14 (-0.2%)
WDC stock is approaching its 200-day moving average as Western Digital, maker of memory chips and disk drives, gets ready to report earnings.
Let's have a look at what is happening on the US markets on Monday. Below you can find the S&P500 gap up and gap down stocks in today's session.
Data storage solutions giant Seagate Technology Holdings PLC (NYSE: STX) stock has been recovering since putting in a bottom of $47.47 in October 2022.
Both investors and analysts were bullish on the company after it delivered a better-than-expected quarter.
U.S. equities indexes moved higher on Thursday, Jan. 26, with stocks receiving a boost from a positive economic report and corporate earnings news.
Yes, Seagate beat expectations. Yes, its stock is also overpriced.
These are the stocks posting the largest moves in midday trading.
Earnings news provided a crucial driver in Thursday's midday trading
Seagate, a the manufacturer of disk drives, reported better-than-expected quarterly results. As a result, STX stock jumped on the report
Seagate Technology (STX) surged more than 9% in premarket trading on Thursday as the storage company reported stronger-than-expected results for the second-quarter.
AMD is a semiconductor stock that’s gotten off to a great start, and there are several signs that this will continue into the rest of the quarter.
STX earnings call for the period ending December 31, 2022.
Gainers: Seagate Technology Holdings (STX) +7%. Melco Resorts & Entertainment (MLCO) +6%
Seagate Technology press release (STX): Q2 Non-GAAP EPS of $0.16 beats by $0.07.Revenue of $1.89B (-39.4% Y/Y) beats by $60M.Cash flow from operations of $251 million and free cash...
AMD (AMD), Qualcomm (QCOM) and Nvidia (NVDA) were among the semiconductor industry's biggest gainers on Monday ahead of several key earnings report from the sector.
US semiconductor stocks extended gains as Barclays Capital Inc. analysts upgraded ratings on Advanced Micro Devices Inc., Qualcomm Inc. and Seagate Technology Holdings, saying they don’t expect the sector to revisit multi-year lows reached three months ago.