Seagate Technology Plc is a leading provider of data storage solutions that design, manufacture, and market a broad range of hard disk drives and solid-state drives for a variety of applications, including enterprise and consumer markets. The company specializes in delivering high-performance storage systems and innovative data management solutions that cater to the growing demand for reliable and secure data storage amidst the ever-expanding digital landscape. Seagate's technologies are integral to a wide array of devices, enabling fast access to information and supporting the burgeoning fields of cloud computing, big data, and artificial intelligence. Additionally, the company focuses on sustainability initiatives and advancing storage technology to help customers effectively manage and protect their data. Read More
Risk appetite took a breather Tuesday, with major U.S. stock indices retreating modestly from record highs as investors braced for a pivotal stretch of earnings and macro events.
Seagate Technology Holdings plc (NASDAQ: STX) (the “Company” or “Seagate”), a leading innovator of mass-capacity data storage, announced today that Chief Executive Officer Dave Mosley has been unanimously elected by the Board of Directors to the additional role of Board Chair, effective following the conclusion of Seagate’s 2025 Annual General Meeting of Shareholders, which is expected to be held in October 2025. He will succeed Michael R. Cannon, who will remain a director and assume the additional role of Lead Independent Director.
SEAGATE TECHNOLOGY HOLDINGS (STX) shows strong earnings momentum and a bullish technical setup, making it a candidate for high-growth investors. The stock has exceptional EPS growth, expanding margins, and a solid breakout pattern.
Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, will report fiscal fourth quarter and fiscal year 2025 financial results after the market closes on Tuesday, July 29, 2025. The investment community conference call to discuss these results will take place that day at 2:00 PM PT / 5:00 PM ET.
Seagate Technology Holdings plc (NASDAQ: STX), a global leader in mass-capacity data storage, today announced the global channel availability of up to 30TB Exos® M and IronWolf® Pro hard drives. Built on Seagate’s Mozaic 3+™ platform and powered by heat-assisted magnetic recording (HAMR) technology, these drives are engineered to meet increasing demand for scalable, high-performance storage driven by the rise of AI deployments that are supplementing traditional enterprise infrastructure development. With over one million Mozaic hard drives now shipped, Seagate has reached more than just a milestone—it has marked a defining moment that underscores the strength and maturity of its breakthrough storage technology.
Let's have a look at what is happening on the US markets one hour before the close of the markets on Friday. Below you can find the top S&P500 gainers and losers in today's session.
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Seagate Technology Holdings plc (“Seagate”) (NASDAQ: STX) today announced the final results of the previously announced (i) offers to certain Eligible Holders (as defined below) to exchange (each, an “Exchange Offer” and collectively, the “Exchange Offers”) any and all outstanding notes of the following eight series issued by Seagate HDD Cayman (“Seagate HDD”) (the “Old Notes”) for new notes to be issued by Seagate Data Storage Technology Pte. Ltd. (“SDST”) (the “New Notes”), and (ii) related solicitation of consents (each, a “Consent Solicitation” and collectively, the “Consent Solicitations”) by SDST from Eligible Holders to adopt certain proposed amendments (the “Proposed Amendments”) to each of the indentures governing the Old Notes (the “Existing Indentures”).
Seagate’s first quarter performance received a positive reception from the market, reflecting strong demand for its mass capacity storage products and effective execution on product transitions. Management attributed the results to increased cloud customer orders, particularly for nearline hard drives, and the successful ramp-up of advanced drive technologies. CEO Dave Mosley noted, “Our supply discipline, the visibility we gain through our build-to-order strategy, and our execution on strategic pricing actions all contribute to sustainable and profitable growth over the long-term.” The company also highlighted enhanced operating margins, driven by a richer sales mix and ongoing cost controls.
