STX Stock Recent News

With the Federal Reserve vowing higher interest rates for longer, the 10-year Treasury Note yield entered March like a lion roaring above 4% for the first time since November 2022. After finishing last week at 3.4%, it appears to be heading out like a lamb.

Micron said late Thursday a board committee has approved plans to cut certain executives' salaries and suspended all executive bonuses in the fiscal year 2023.

We end the July quarter having written about 20 of our favorite semiconductor names, and this article studies how our ratings played out. We got a lot of backlash on our bearish stance on, NVDA, AMD, WDC, and MU, among others, but the stocks did drop, consistent with our belief.

Value stocks could provide long-term safety for capital, as investors look to overcome market volatility. They can therefore, consider these three stocks.

Data storage solutions giant Seagate Technology (NYSE: STX) issued its second earnings guidance cut in five weeks as macroeconomic shifts struck fast and hard.

Data needs to be stored somewhere. However, data storage costs keep growing, and the data people keep producing and consuming can't keep up with the available storage.

Seagate Technology Holdings plc (NASDAQ:STX ) Evercore ISI 2nd Annual Technology Conference September 7, 2022 3:45 PM ET Company Participants Gianluca Romano – Chief Financial Officer Conference Call Participants C.J. Muse – Evercore ISI C.J.

Lyve Cloud is Seagate's (STX) storage-as-a-service platform (only S3-compatible) designed to help businesses manage unstructured data growth

Seagate Technology (NASDAQ: STX) stock price rose around 1.5x from $42 in 2017 end to around $64 currently, primarily due to favorable changes in its revenue per share and P/S multiple.

Seagate (STX) now expects revenues to be $2.1 billion (+/- $100 million) against the previous guidance of $2.5 billion (+/- $150 million) for the first quarter of fiscal 2023.