Today: 6 July 2026

Western Digital stock jumps 11% as Seagate’s AI-driven outlook ripples through storage names

Western Digital stock jumps 11% as Seagate’s AI-driven outlook ripples through storage names

New York, January 28, 2026, 13:21 ET — Regular session Shares of Western Digital surged 11.3% to $281.31 on Wednesday, briefly hitting $281.61, as investors flocked to data-storage stocks following Seagate’s strong forecast linked to AI-driven demand. Seagate projected third-quarter revenue around $2.90 billion, plus or minus $100 million, with adjusted EPS of $3.40, plus or minus 20 cents. This comes after Seagate reported second-quarter revenue of $2.83 billion and adjusted EPS of $3.11.
Applied Optoelectronics (AAOI) stock jumps nearly 18% on Oxford Instruments Texas expansion deal

Applied Optoelectronics (AAOI) stock jumps nearly 18% on Oxford Instruments Texas expansion deal

New York, Jan 28, 2026, 13:01 — Regular session Applied Optoelectronics Inc shares surged nearly 18% on Wednesday following Oxford Instruments' announcement that it secured a plasma equipment supply deal linked to the U.S. optical components firm's expansion in Texas. By 12:45 p.m. EST, the stock had climbed roughly 17.8% to $44.05, hitting a session high of $44.25.

Stock Market Today

  • Mega IPO Track Record Draws Scrutiny as SpaceX Eyes Public Debut
    July 6, 2026, 6:29 AM EDT. Excitement has built around the prospect of a SpaceX IPO, but investors looking back at previous mega IPOs have seen mixed results. Big public offerings often see strong opening moves, then sometimes sharp swings or fades. Some analysts point to SpaceX's push in technology and its dominant market position, though they warn valuation could get stretched. Market watchers say it's worth remembering the lessons from big IPOs of the past, especially when hype is high. The deal may boost aerospace stocks on debut, but investors should watch for changing sentiment and not chase the story too far.
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