Seagate

STX

Market cap $116B

SINGAPORE--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX), a leading innovator of mass-capacity data storage, will report fiscal third quarter 2026 financial results after the US market closes on Tuesday, April 28, 2026. The investment community conference call to discuss these results will take place that day at 2:00 PM PT / 5:00 PM ET. The live audio webcast can be accessed online at Seagate's Investor Relations website at investors.seagate.com. About Seagate Technology Seagat.

The S&P 500 information-technology sector's forward P/E ratio is at its lowest relative to five-year averages among all sectors in the index.

Seagate Technology (NASDAQ:STX) stock and Western Digital (NASDAQ:WDC | WDC Price Prediction) stock are both trading higher Monday morning after Citi raised its price targets on both names, maintaining Buy ratings on each.

Western Digital edges past Seagate in the AI-driven storage boom, with stronger gains, lower valuation and robust capital returns despite ongoing risks.

STX divests Lyve Cloud to Wasabi, sharpening focus on mass-capacity storage as AI-driven data demand accelerates.

'Mad Money' host Jim Cramer looks back on the history of the software sector as it struggles to gain traction in the current market.

BOSTON--(BUSINESS WIRE)--Wasabi Technologies, the hot cloud storage company, today announced it has acquired the Lyve Cloud business from Seagate Technology (NASDAQ: STX), a leading innovator of mass-capacity data storage. Under the terms of the agreement, Seagate received equity in Wasabi and became a shareholder of the company. Additional financial terms were not disclosed. “This acquisition strengthens our position as the world's leading pure-play cloud storage vendor,” said David Friend, co.

BOSTON--(BUSINESS WIRE)--Wasabi Technologies, the hot cloud storage company, today announced it will acquire the Lyve Cloud business from Seagate Technology LLC (NASDAQ: STX), a leading innovator of mass-capacity data storage. Under the terms of the agreement, Seagate will receive equity in Wasabi and become a shareholder of the company. Additional financial terms were not disclosed. “This acquisition strengthens our position as the world's leading pure-play cloud storage vendor,” said David Fr.

The memory trade had been coming undone in recent weeks, but it now looks to be back on in a big way following the announcement of a two-week cease-fire agreement with Iran.

Travel-related companies and semiconductor manufacturers dominated the list of top U.S. stock performers early Wednesday.