Seagate (NASDAQ: STX) drops 6.5% with July 28 numbers in focus
Seagate dropped 6.5% to $774.19 in early Thursday trading. Nasdaq was open for the regular session.
Wall Street Pushes AI-Memory Trade as $26.5B Bet Reveals Weak Spot
Tech stocks in the U.S. were on track for a weaker start Friday, with SK hynix launching a $26.5 billion offering on Nasdaq. Investors are watching to see if AI demand can handle a deal this size without triggering selling in other positions. Nasdaq-100 futures dropped 0.6%. S&P 500 and Dow futures were steady.
Micron faces $20 billion data center test as Korean supply risk grows
Nasdaq is open for trading Tuesday. The 2026 calendar shows the next market holiday is July 3 for Independence Day. Premarket runs 4 a.m. to 9:30 a.m. Eastern, with regular hours from 9:30 a.m. to 4 p.m. Eastern.
Micron, Qualcomm move up while Apple, Nvidia slide in mixed AI trade
U.S. cash markets traded Thursday during normal hours on the New York Stock Exchange, from 9:30 a.m. to 4:00 p.m. ET. It wasn’t just AI stocks bouncing. Some investors picked up shares in chipmakers with limited memory supply, dumping others with higher AI expenses or steeper input costs.
Western Digital falls after AI-storage rally, investors look to Micron
Western Digital Corporation shares dropped Wednesday, giving back some gains from earlier this month. The stock was down roughly 4% in the session after opening close to $658, according to Google Finance. Volume stayed above its recent average. The market is still watching artificial intelligence infrastructure and enterprise storage demand.
Seagate shares finish week close to 52-week high as AI storage gains hold
• Seagate shares finished at $1,070.23 on June 18, rising 0.39% for the day and up almost 15% since the previous Friday’s close at $931.04.• U.S. equity markets didn’t open Friday for Juneteenth. Nasdaq's calendar puts June 19, 2026, as another market holiday.• AI storage demand and a lack of hard disk drives fueled the week’s rally, alongside new Wall Street target bumps for Seagate and Western Digital.
Sandisk stock hits record as AI memory rally faces long weekend and Micron test
Sandisk Corp’s stock entered the weekend at a record, capping a sharp holiday-shortened advance as investors crowded into memory-chip names tied to the build-out of artificial-intelligence data centers. The shares were shown at $2,184.75, with pricing history showing a June 18 close at that level, up $225.95, or 11.54%, before U.S. trading paused for Juneteenth.
Dow Marks Record High; S&P 500, Nasdaq Slip Ahead of Fed Decision
U.S. stocks showed a split late Tuesday morning. The Dow hit another record high, up 354.56 points, or 0.69%, at 52,025.59. But some investors sold out of Big Tech, sending the S&P 500 down 14.16 points, or 0.19%, to 7,540.13. The Nasdaq Composite lost 109.15 points, or 0.41%, to 26,574.79. Losses were sharper in the Nasdaq 100, which dropped 0.91% as traders pulled back from the biggest growth and tech names.
Nasdaq Tech Stocks Climb, QQQ Gains After U.S.-Iran Deal Hopes
Invesco QQQ Trust jumped Monday as buyers returned to big tech after the U.S. and Iran reached a tentative deal meant to end the Middle East war and reopen the Strait of Hormuz. QQQ was last at $743.54, up $22.20, or 3.1%, hitting an intraday high of $744.71, based on recent prices. Reuters said the Dow set an intraday high and the S&P 500 and Nasdaq gained as the agreement sent crude lower.
Morgan Stanley Lifts Western Digital Price Target to $650 on AI Demand
Western Digital jumped Monday as traders kept piling into storage names tied to AI. WDC traded at $637.00, up 13% from Friday’s close, after briefly reaching $657.40 earlier in the session. Seagate was moving higher too, last at $999.78, as hard-drive stocks drew more buyers on hopes for AI-fueled demand.
DRAM-focused ETF’s $13 Billion Run on AI Memory Sets Up Market’s Tightest Chip Trade
Roundhill Memory ETF saw $553.7 million in new inflows on May 29, ETF.com reported Monday, keeping the AI-memory fund in the list of top 10 daily creations among U.S. ETFs. Assets hit $13.36 billion. The fund is an exchange-traded basket of securities that trades like a stock.
Dow Edges Up, Nasdaq Slips From Highs; Oil Drops
U.S. stocks traded mixed late Wednesday morning. The Dow gained, the S&P 500 hovered near flat, and the Nasdaq dipped as investors paused after setting new highs. Cheaper oil and uncertainty in the Middle East factored in. Reuters data from LSEG showed the S&P 500 at 7,521.43, up 0.03%, the Dow at 50,718.64, up 0.51%, and the Nasdaq at 26,638.26, down 0.07%. All values were delayed at least 15 minutes.
Seagate Shares Dip Again as AI Storage Demand Pinches Supply
Seagate Technology shares dropped for a second day Tuesday, after a sharp fall Monday. CEO Dave Mosley said new factories would “take too long,” raising doubts about how quickly the company can meet AI demand. The stock was down about 2.3% at $723.81 on Nasdaq, following Monday’s close at $740.84.
Seagate Stock Rides AI Storage Boom as STX Rally Faces a Valuation Test
Seagate Technology Holdings plc wrapped up Friday’s session with gains, leaving the hard-drive maker hovering near its recent peaks as traders factored in a more limited supply of data storage driven by artificial intelligence demand. On the Nasdaq, Seagate closed at $782.64. Western Digital finished at $480, and NetApp remained at $118.
Seagate Stock Near Record as AI Storage Boom Collides With Insider Sales
Seagate Technology Holdings plc gained again Friday, building on a strong AI-fueled rally. Meanwhile, new regulatory filings revealed the company's finance chief offloaded almost $19 million in shares across two days, part of a preset trading plan.
Micron Stock Gets $740 AI Call as Mizuho Lifts Western Digital, SanDisk Bets
Mizuho Securities bumped up its price targets for a slate of AI-driven memory and storage names, boosting Micron Technology to $740 from $545 and moving Western Digital to $550 from $470. Wall Street’s appetite for data-center memory plays continues, with the firm maintaining its bullish stance on Micron, Western Digital, and SanDisk, the note shows.
Forget Big Tech: Data Storage Stocks Are Becoming AI’s Quiet Market Dark Horse
Data-storage hardware stocks made notable moves as the week wrapped. Seagate rallied 7.9% in U.S. trading, Sandisk notched up 8.3%, but Western Digital edged down 0.6%, paring gains after a strong advance. The action pushed a usually overlooked tech segment—companies handling AI’s data—back into focus.
QQQ Rises Today as Big Tech Earnings Put the Nasdaq 100 Rally on the Line
Invesco QQQ Trust edged higher Wednesday, adding $3.99 to $661.57 in the latest trade as investors rotated back into the Nasdaq 100 both ahead of and following a fresh round of megacap tech earnings. Shares shifted between $655.78 and $663.32, with turnover topping 30 million.
Western Digital Stock Jumps Before Earnings as AI Storage Demand Gets a Seagate Boost
Western Digital Corp. shares surged Wednesday, catching a lift from Seagate Technology’s upbeat forecast that sent storage stocks higher and put extra attention on Western Digital’s earnings slated for this week.
Seagate Stock Surges as AI Storage Demand Gives Wall Street a Fresh Signal
Seagate Technology Holdings plc jumped in premarket trading Wednesday, with shares rallying after the data-storage firm projected a better-than-anticipated fiscal fourth-quarter. Bullish guidance from Seagate is fueling confidence that artificial intelligence investments keep reaching deeper tech infrastructure.