Leading data storage manufacturer Western Digital (NASDAQ: WDC)
will be reporting earnings this Thursday after market hours. Here’s what you need to know.
The global financial markets are currently witnessing an extraordinary surge, largely propelled by the relentless ascent of the technology sector. As of October 2025, investor optimism surrounding Artificial Intelligence (AI) innovation has reached a fever pitch, driving major indices to unprecedented highs and reshaping the economic landscape. This "AI trade"
Data storage manufacturer Seagate (NASDAQ:STX) reported Q3 CY2025 results exceeding the market’s revenue expectations, with sales up 21.3% year on year to $2.63 billion. Guidance for next quarter’s revenue was better than expected at $2.7 billion at the midpoint, 1.8% above analysts’ estimates. Its non-GAAP profit of $2.61 per share was 8.8% above analysts’ consensus estimates.
After the closing bell on Tuesday, let's take a glimpse of the US markets and explore the top S&P500 gainers and losers in today's after-hours session.
Seagate (STX) beat Q1 earnings estimates, driven by strong demand for high-capacity data storage. The stock rose as the company also issued optimistic Q2 guidance.
Let's have a look at what is happening on the US markets before the opening bell on Monday. Below you can find the top S&P500 gainers and losers in today's pre-market session.
Shares of data storage manufacturer Seagate (NASDAQ:STX)
jumped 3.4% in the afternoon session after Bernstein SocGen Group raised its price target on the stock, citing accelerating demand for data storage driven by the AI boom. The firm increased its price target to $275 from $250 while keeping an "Outperform" rating. Analysts pointed to the massive data requirements of artificial intelligence as a key growth driver for data storage companies. The brokerage noted that hard disk drives remained the most economic option for data centers to store "cool" data, which is data not frequently accessed. This trend positioned Seagate to benefit from the explosion in data creation. The positive view was part of a broader sentiment that companies involved in data storage have seen their stock prices rise due to increased AI-related demand.
Let's have a look at what is happening on the US markets in the middle of the day on Friday. Below you can find the top S&P500 gainers and losers in today's session.
Stay tuned for the market movements in the S&P500 index on Friday. Check out the gap up and gap down stocks in the S&P500 index during today's session.
As we await the opening of the US market on Friday, let's delve into the pre-market session and discover the S&P500 top gainers and losers shaping the early market sentiment.
The S&P 500 has staged a remarkable rebound, soaring to unprecedented highs in late 2025 following a period of significant sell-off earlier in the year. This resurgence, driven by a powerful confluence of artificial intelligence advancements, robust corporate earnings, and strategic monetary policy adjustments, signals a dynamic shift in
The relentless march of Artificial Intelligence is poised to unleash a data deluge of unprecedented proportions, with some experts predicting AI will generate data at rates potentially 1,000 times greater than human output. This exponential surge, driven largely by the advent of generative AI, presents both a transformative opportunity for technological advancement and an existential [...]
